J David Wargo Sells 30,000 Shares of Liberty Global Ltd. (NASDAQ:LBTYK) Stock

Liberty Global Ltd. (NASDAQ:LBTYK) Director J David Wargo sold 30,000 shares of Liberty Global stock in a transaction on Monday, April 15th. The shares were sold at an average price of $17.35, for a total value of $520,500.00. Following the transaction, the director now owns 159,632 shares in the company, valued at $2,769,615.20. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Liberty Global Stock Performance

LBTYK opened at $17.39 on Friday. The firm has a market cap of $6.57 billion, a PE ratio of -1.85 and a beta of 1.13. The business has a fifty day simple moving average of $18.11 and a 200-day simple moving average of $18.18. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.79. Liberty Global Ltd. has a fifty-two week low of $16.26 and a fifty-two week high of $21.83.

Liberty Global (NASDAQ:LBTYK) last issued its earnings results on Thursday, February 15th. The company reported ($8.23) EPS for the quarter, missing the consensus estimate of ($0.26) by ($7.97). The business had revenue of $1.92 billion during 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

Several research firms have recently weighed in on LBTYK. StockNews.com lowered Liberty Global from a “hold” rating to a “sell” rating in a research note on Tuesday, March 5th. TheStreet raised Liberty Global from a “d+” rating to a “c-” rating in a research note on Wednesday, January 24th.

Institutional Trading of Liberty Global

Hedge funds and other institutional investors have recently modified their holdings of the business. UniSuper Management Pty Ltd acquired a new stake in Liberty Global during the second quarter valued at $34,000. Pathstone Family Office LLC acquired a new stake in Liberty Global during the fourth quarter valued at $660,000. V Square Quantitative Management LLC boosted its position in Liberty Global by 64.4% during the fourth quarter. V Square Quantitative Management LLC now owns 2,550 shares of the company’s stock valued at $48,000 after purchasing an additional 999 shares during the last quarter. Bfsg LLC acquired a new stake in Liberty Global during the fourth quarter valued at $60,000. Finally, Amalgamated Bank boosted its position in Liberty Global by 18.4% during the fourth quarter. Amalgamated Bank now owns 3,236 shares of the company’s stock valued at $63,000 after purchasing an additional 502 shares during the last quarter. Institutional investors and hedge funds own 46.10% of the company’s stock.

About Liberty Global

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.