Insider Selling: Liberty Global Ltd. (NASDAQ:LBTYA) Major Shareholder Sells $737,580.00 in Stock

Liberty Global Ltd. (NASDAQ:LBTYA) major shareholder Nicholas V. Tompras sold 57,000 shares of Liberty Global stock in a transaction dated Friday, December 27th. The shares were sold at an average price of $12.94, for a total value of $737,580.00. Following the transaction, the insider now directly owns 16,153 shares of the company’s stock, valued at $209,019.82. The trade was a 77.92 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Liberty Global Price Performance

Shares of Liberty Global stock opened at $10.98 on Thursday. The business’s 50-day moving average price is $12.23 and its 200-day moving average price is $16.57. The firm has a market capitalization of $3.93 billion, a PE ratio of -1.08 and a beta of 1.24. Liberty Global Ltd. has a 12 month low of $10.89 and a 12 month high of $21.56. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. ACR Alpine Capital Research LLC increased its holdings in shares of Liberty Global by 333.3% in the fourth quarter. ACR Alpine Capital Research LLC now owns 17,376,978 shares of the company’s stock worth $221,730,000 after buying an additional 13,366,743 shares during the period. Vanguard Group Inc. increased its stake in shares of Liberty Global by 55.3% in the fourth quarter. Vanguard Group Inc. now owns 5,240,199 shares of the company’s stock worth $66,865,000 after buying an additional 1,866,197 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Liberty Global by 2,799.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,646,088 shares of the company’s stock valued at $98,079,000 after buying an additional 4,485,823 shares during the last quarter. Norges Bank purchased a new stake in Liberty Global during the 4th quarter valued at $48,381,000. Finally, Franklin Resources Inc. grew its holdings in Liberty Global by 65.4% in the 4th quarter. Franklin Resources Inc. now owns 2,659,730 shares of the company’s stock worth $33,938,000 after acquiring an additional 1,051,458 shares during the last quarter. 37.20% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

LBTYA has been the subject of several recent analyst reports. Benchmark reaffirmed a “buy” rating and set a $27.00 price objective on shares of Liberty Global in a research note on Tuesday, October 29th. UBS Group downgraded Liberty Global from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $23.00 to $13.00 in a research report on Monday, November 18th. Deutsche Bank Aktiengesellschaft reduced their target price on Liberty Global from $23.00 to $20.00 and set a “buy” rating for the company in a research report on Wednesday, January 29th. Sanford C. Bernstein cut Liberty Global from an “outperform” rating to a “market perform” rating and lowered their price target for the company from $24.70 to $12.40 in a report on Thursday, January 23rd. Finally, Bank of America lowered Liberty Global from a “neutral” rating to an “underperform” rating and cut their price objective for the stock from $13.10 to $12.60 in a report on Friday, December 6th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $17.75.

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.