Cheviot Value Management LLC Buys Shares of 25,860 GCI Liberty, Inc. – Series C GCI Group $GLIBK

Cheviot Value Management LLC bought a new stake in shares of GCI Liberty, Inc. – Series C GCI Group (NASDAQ:GLIBK) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 25,860 shares of the company’s stock, valued at approximately $949,000. Cheviot Value Management LLC owned 0.09% of GCI Liberty, Inc. – Series C GCI Group as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of GLIBK. SG Americas Securities LLC bought a new position in GCI Liberty, Inc. – Series C GCI Group during the third quarter valued at $872,000. ARS Investment Partners LLC purchased a new position in shares of GCI Liberty, Inc. – Series C GCI Group during the 3rd quarter valued at $298,000. LB Partners LLC bought a new position in shares of GCI Liberty, Inc. – Series C GCI Group during the 3rd quarter worth $284,000. Covestor Ltd purchased a new stake in GCI Liberty, Inc. – Series C GCI Group in the 3rd quarter worth about $203,000. Finally, KLP Kapitalforvaltning AS purchased a new stake in GCI Liberty, Inc. – Series C GCI Group in the 3rd quarter worth about $180,000.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered shares of GCI Liberty, Inc. – Series C GCI Group from a “buy (b-)” rating to a “hold (c-)” rating in a research report on Thursday, January 15th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Insider Transactions at GCI Liberty, Inc. – Series C GCI Group

In other news, Director Jedd Gould purchased 15,000 shares of the business’s stock in a transaction on Monday, November 17th. The stock was purchased at an average cost of $34.11 per share, with a total value of $511,650.00. Following the acquisition, the director directly owned 15,051 shares in the company, valued at approximately $513,389.61. This trade represents a 29,411.76% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

GCI Liberty, Inc. – Series C GCI Group Stock Down 1.2%

Shares of NASDAQ GLIBK opened at $37.57 on Friday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.77. The company has a market cap of $1.08 billion and a P/E ratio of 6.59. GCI Liberty, Inc. – Series C GCI Group has a 52 week low of $29.00 and a 52 week high of $39.19. The business has a 50-day moving average of $35.43.

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

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

GCI Liberty Inc is an American holding company whose principal operating asset is a majority ownership interest in General Communication Inc, the largest integrated telecommunications provider in the state of Alaska. GCI Liberty was formed in December 2019 as a tracking stock of Liberty Interactive Group to hold certain communications and digital media investments. Its shares trade on the NASDAQ under the ticker symbol GLIBK.

Through its subsidiary, the company delivers high-speed broadband internet, cable and direct-to-home video distribution, fixed voice, and mobile wireless services to residential customers across Alaska.