GCI Liberty, Inc. – Series C GCI Group (NASDAQ:GLIBK) Director Jedd Gould Buys 15,000 Shares

GCI Liberty, Inc. – Series C GCI Group (NASDAQ:GLIBK) Director Jedd Gould purchased 15,000 shares of GCI Liberty, Inc. – Series C GCI Group stock in a transaction dated Monday, November 17th. The stock was bought at an average cost of $34.11 per share, with a total value of $511,650.00. Following the completion of the purchase, the director owned 15,051 shares in the company, valued at approximately $513,389.61. This trade represents a 29,411.76% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.

GCI Liberty, Inc. – Series C GCI Group Price Performance

NASDAQ:GLIBK traded down $0.02 during midday trading on Tuesday, hitting $34.08. 658,783 shares of the stock were exchanged, compared to its average volume of 417,123. The stock has a market cap of $978.10 million and a price-to-earnings ratio of 5.98. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.34 and a quick ratio of 1.34. GCI Liberty, Inc. – Series C GCI Group has a one year low of $29.00 and a one year high of $39.14.

GCI Liberty, Inc. – Series C GCI Group (NASDAQ:GLIBK) last posted its quarterly earnings data on Wednesday, November 5th. The company reported ($13.34) EPS for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “buy (b-)” rating on shares of GCI Liberty, Inc. – Series C GCI Group in a research report on Thursday. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy”.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Alberta Investment Management Corp purchased a new stake in shares of GCI Liberty, Inc. – Series C GCI Group in the 3rd quarter valued at approximately $23,480,000. Rothschild & Co Wealth Management UK Ltd purchased a new position in GCI Liberty, Inc. – Series C GCI Group during the 3rd quarter worth approximately $6,942,000. ING Groep NV acquired a new stake in GCI Liberty, Inc. – Series C GCI Group during the 3rd quarter valued at $1,929,000. Arizona State Retirement System acquired a new stake in GCI Liberty, Inc. – Series C GCI Group during the 3rd quarter valued at $257,000. Finally, Versor Investments LP purchased a new stake in shares of GCI Liberty, Inc. – Series C GCI Group in the third quarter valued at $2,657,000.

GCI Liberty, Inc. – Series C GCI Group Company Profile

GCI Liberty Inc consists of its wholly owned subsidiary GCI. The company is communications provider, providing data, voice and managed services to consumer and business customers throughout Alaska. GCI Liberty Inc is based in ENGLEWOOD, Colo.