Liberty Global plc (NASDAQ:LBTYK) Director Sells $505,440.00 in Stock

Liberty Global plc (NASDAQ:LBTYK) Director Miranda Curtis sold 31,200 shares of Liberty Global stock in a transaction on Friday, November 17th. The shares were sold at an average price of $16.20, for a total value of $505,440.00. Following the transaction, the director now owns 99,699 shares in the company, valued at approximately $1,615,123.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Liberty Global Stock Up 1.1 %

NASDAQ LBTYK opened at $17.47 on Monday. The firm has a market cap of $6.90 billion, a PE ratio of 1.49 and a beta of 1.25. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.45 and a quick ratio of 1.45. The stock’s 50 day simple moving average is $17.92 and its 200 day simple moving average is $18.37. Liberty Global plc has a one year low of $16.26 and a one year high of $22.78.

Liberty Global (NASDAQ:LBTYK) last posted its quarterly earnings results on Tuesday, October 31st. The company reported $1.57 earnings per share for the quarter. The company had revenue of $1.85 billion for the quarter. Liberty Global had a negative return on equity of 23.92% and a negative net margin of 70.98%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. V Square Quantitative Management LLC acquired a new stake in shares of Liberty Global in the 2nd quarter valued at about $28,000. UniSuper Management Pty Ltd bought a new position in Liberty Global during the second quarter worth about $34,000. Spire Wealth Management lifted its position in Liberty Global by 47.0% during the first quarter. Spire Wealth Management now owns 1,752 shares of the company’s stock worth $36,000 after acquiring an additional 560 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in Liberty Global by 78.5% during the second quarter. EverSource Wealth Advisors LLC now owns 3,501 shares of the company’s stock worth $62,000 after acquiring an additional 1,540 shares during the last quarter. Finally, Amalgamated Bank raised its position in shares of Liberty Global by 18.4% in the fourth quarter. Amalgamated Bank now owns 3,236 shares of the company’s stock valued at $63,000 after buying an additional 502 shares in the last quarter. Institutional investors and hedge funds own 49.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on LBTYK. StockNews.com initiated coverage on Liberty Global in a research note on Thursday, October 5th. They issued a “sell” rating on the stock. Pivotal Research boosted their price objective on Liberty Global from $25.00 to $27.00 in a research report on Tuesday, August 15th. Finally, TheStreet cut Liberty Global from a “c-” rating to a “d+” rating in a report on Wednesday, October 25th.

Liberty Global Company Profile

Liberty Global plc, together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as intelligent WiFi features; internet services; security solutions, such as anti-virus, anti-spyware, firewall, and spam protection; smart home services; online storage solutions; web spaces; and Connect Box that delivers in-home Wi-Fi service.