Liberty Latin America Ltd. (NASDAQ:LILA) Director Buys $110,227.32 in Stock

Liberty Latin America Ltd. (NASDAQ:LILA) Director Brendan J. Paddick bought 18,011 shares of the business’s stock in a transaction that occurred on Monday, December 23rd. The shares were acquired at an average cost of $6.12 per share, with a total value of $110,227.32. Following the completion of the purchase, the director now owns 1,437,518 shares of the company’s stock, valued at approximately $8,797,610.16. The trade was a 1.27 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link.

Liberty Latin America Stock Performance

Liberty Latin America stock opened at $6.39 on Thursday. The company has a debt-to-equity ratio of 4.31, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market cap of $1.26 billion, a P/E ratio of -2.18 and a beta of 1.04. Liberty Latin America Ltd. has a fifty-two week low of $5.90 and a fifty-two week high of $10.81. The firm’s 50 day simple moving average is $7.85 and its 200-day simple moving average is $8.90.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group downgraded Liberty Latin America from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 4th.

Institutional Trading of Liberty Latin America

Several large investors have recently added to or reduced their stakes in LILA. Intech Investment Management LLC acquired a new stake in shares of Liberty Latin America in the third quarter worth $104,000. SG Americas Securities LLC purchased a new stake in Liberty Latin America in the 3rd quarter worth about $120,000. Ground Swell Capital LLC acquired a new stake in Liberty Latin America during the 2nd quarter worth about $122,000. Wilmington Savings Fund Society FSB purchased a new position in Liberty Latin America during the 3rd quarter valued at about $163,000. Finally, XTX Topco Ltd increased its holdings in shares of Liberty Latin America by 78.2% in the 2nd quarter. XTX Topco Ltd now owns 20,614 shares of the company’s stock valued at $198,000 after purchasing an additional 9,045 shares during the period. 18.48% of the stock is owned by institutional investors and hedge funds.

About Liberty Latin America

Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. The company operates through C&W Caribbean, C&W Panama, Liberty Networks, Liberty Puerto Rico, and Liberty Costa Rico segments. It offers communications and entertainment services, including video, broadband internet, fixed-line, telephony, and mobiles services to residential and business customers; and business products and services that include enterprise-grade connectivity, data center, hosting, and managed solutions, as well as information technology solutions for small and medium enterprises, international companies, and governmental agencies.