Parallel Advisors LLC Purchases 3,953 Shares of Liberty Global Ltd $LBTYK

Parallel Advisors LLC lifted its stake in shares of Liberty Global Ltd (NASDAQ:LBTYK) by 77.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,060 shares of the company’s stock after purchasing an additional 3,953 shares during the period. Parallel Advisors LLC’s holdings in Liberty Global were worth $93,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. State of Wyoming purchased a new stake in Liberty Global in the fourth quarter worth $33,000. Jones Financial Companies Lllp increased its position in Liberty Global by 76,160.0% in the first quarter. Jones Financial Companies Lllp now owns 3,813 shares of the company’s stock worth $46,000 after buying an additional 3,808 shares during the last quarter. Summit Securities Group LLC purchased a new stake in Liberty Global in the first quarter worth $67,000. GAMMA Investing LLC increased its position in Liberty Global by 1,176.4% in the first quarter. GAMMA Investing LLC now owns 6,548 shares of the company’s stock worth $78,000 after buying an additional 6,035 shares during the last quarter. Finally, CWM LLC increased its position in Liberty Global by 19.1% in the first quarter. CWM LLC now owns 7,190 shares of the company’s stock worth $86,000 after buying an additional 1,155 shares during the last quarter. 46.10% of the stock is owned by institutional investors.

Insider Activity at Liberty Global

In related news, Director Miranda Curtis sold 42,600 shares of Liberty Global stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $11.77, for a total value of $501,402.00. Following the completion of the transaction, the director directly owned 129,305 shares in the company, valued at approximately $1,521,919.85. The trade was a 24.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Charles H. R. Bracken sold 60,000 shares of Liberty Global stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $11.31, for a total transaction of $678,600.00. Following the completion of the transaction, the chief financial officer owned 33,220 shares of the company’s stock, valued at $375,718.20. This represents a 64.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 136,980 shares of company stock worth $1,577,091. Corporate insiders own 9.86% of the company’s stock.

Liberty Global Stock Performance

NASDAQ:LBTYK opened at $11.66 on Thursday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.02 and a quick ratio of 1.02. The business has a fifty day simple moving average of $11.37 and a two-hundred day simple moving average of $10.89. Liberty Global Ltd has a 1 year low of $9.21 and a 1 year high of $22.14. The company has a market capitalization of $3.97 billion, a P/E ratio of -1.19 and a beta of 1.11.

Liberty Global (NASDAQ:LBTYK) last released its quarterly earnings data on Friday, August 1st. The company reported ($8.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.44) by ($7.65). Liberty Global had a negative net margin of 60.38% and a negative return on equity of 22.64%. The business had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.22 billion.

Liberty Global Company Profile

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.