Liberty Global Ltd. (NASDAQ:LBTYK) EVP Andrea Salvato Sells 32,403 Shares

Liberty Global Ltd. (NASDAQ:LBTYKGet Free Report) EVP Andrea Salvato sold 32,403 shares of the company’s stock in a transaction that occurred on Thursday, March 28th. The stock was sold at an average price of $17.70, for a total value of $573,533.10. Following the transaction, the executive vice president now directly owns 102,286 shares in the company, valued at $1,810,462.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Liberty Global Trading Down 2.2 %

Shares of Liberty Global stock opened at $17.26 on Tuesday. The stock has a fifty day simple moving average of $19.12 and a 200 day simple moving average of $18.34. Liberty Global Ltd. has a 12-month low of $16.26 and a 12-month high of $21.83. The company has a market capitalization of $6.52 billion, a P/E ratio of -1.84 and a beta of 1.13. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.79.

Liberty Global (NASDAQ:LBTYKGet Free Report) last announced its quarterly earnings results on Thursday, February 15th. The company reported ($8.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.26) by ($7.97). The company had revenue of $1.92 billion for the quarter. Liberty Global had a negative return on equity of 19.26% and a negative net margin of 54.08%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. TheStreet raised Liberty Global from a “d+” rating to a “c-” rating in a research report on Wednesday, January 24th. StockNews.com downgraded Liberty Global from a “hold” rating to a “sell” rating in a report on Tuesday, March 5th.

View Our Latest Stock Report on Liberty Global

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. BlackRock Inc. grew its stake in Liberty Global by 4.9% in the 1st quarter. BlackRock Inc. now owns 14,445,805 shares of the company’s stock valued at $374,293,000 after purchasing an additional 675,496 shares during the period. ACR Alpine Capital Research LLC grew its stake in Liberty Global by 1.6% in the 3rd quarter. ACR Alpine Capital Research LLC now owns 10,620,709 shares of the company’s stock valued at $197,120,000 after purchasing an additional 164,880 shares during the period. Artisan Partners Limited Partnership grew its stake in Liberty Global by 1.6% in the 4th quarter. Artisan Partners Limited Partnership now owns 8,463,069 shares of the company’s stock valued at $157,752,000 after purchasing an additional 129,585 shares during the period. MFN Partners Management LP grew its stake in Liberty Global by 8.1% in the 1st quarter. MFN Partners Management LP now owns 6,706,460 shares of the company’s stock valued at $173,764,000 after purchasing an additional 500,000 shares during the period. Finally, State Street Corp grew its stake in Liberty Global by 1.4% in the 1st quarter. State Street Corp now owns 5,670,313 shares of the company’s stock valued at $146,918,000 after purchasing an additional 79,313 shares during the period. Institutional investors own 46.10% of the company’s stock.

About Liberty Global

(Get Free Report)

Liberty Global Ltd., 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 WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.

Recommended Stories

Insider Buying and Selling by Quarter for Liberty Global (NASDAQ:LBTYK)

Receive News & Ratings for Liberty Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Global and related companies with MarketBeat.com's FREE daily email newsletter.