Liberty Global PLC (NASDAQ:LILAK – Get Free Report) Director John Malone purchased 28,219 shares of Liberty Global stock in a transaction that occurred on Thursday, August 13th. The shares were bought at an average cost of $8.50 per share, for a total transaction of $239,861.50. Following the transaction, the director directly owned 178,524 shares of the company’s stock, valued at $1,517,454. This represents a 18.77% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Liberty Global Price Performance
Shares of NASDAQ LILAK opened at $8.49 on Friday. The stock has a market capitalization of $1.66 billion, a PE ratio of -17.33 and a beta of 0.71. The business has a fifty day moving average price of $7.50 and a two-hundred day moving average price of $7.88. Liberty Global PLC has a fifty-two week low of $4.76 and a fifty-two week high of $9.13.
Liberty Global (NASDAQ:LILAK – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.15). The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.09 billion. Liberty Global had a negative net margin of 2.20% and a negative return on equity of 8.50%.
Liberty Global News Roundup
- Positive Sentiment: Director John C. Malone bought 28,219 shares at approximately $8.50 each on August 13, following a 22,477-share purchase on August 11. The transactions increased his direct holdings by 18.77% and 17.58%, respectively, signaling confidence in Liberty Global’s valuation and prospects. SEC insider buying filing
- Positive Sentiment: Citigroup raised its price target for LILAK from $8.00 to $9.00 while maintaining a “neutral” rating. The increase provides a modest valuation boost, although the unchanged rating suggests limited conviction in a stronger near-term rally. Benzinga analyst report
- Neutral Sentiment: Director Charles H. R. Bracken reportedly purchased 17,425 shares, increasing his position by 73.32%. However, the reported average price of $20.93 is substantially above the stock price cited in the other filings and may reflect a data or reporting anomaly. Investors should verify the underlying SEC filing before relying on this signal. SEC insider trading filing
- Negative Sentiment: Bracken also sold 42,975 shares at an average price of $8.57, worth approximately $368,296. This sale partially offsets the positive signal from Malone’s purchases, though it may have been for personal or transaction-related reasons rather than a change in outlook. SEC insider selling filing
- Negative Sentiment: Liberty Global’s latest quarterly results remain an overhang: the company reported a $0.13-per-share loss versus analysts’ expectation of $0.02 per share, despite revenue of $1.10 billion slightly exceeding the $1.09 billion consensus estimate. Negative net margin and return on equity also highlight continuing profitability concerns.
Institutional Investors Weigh In On Liberty Global
A number of large investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC boosted its holdings in shares of Liberty Global by 377.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,136 shares of the company’s stock valued at $28,000 after purchasing an additional 2,479 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Liberty Global during the 2nd quarter worth $30,000. Headlands Technologies LLC raised its holdings in shares of Liberty Global by 85.9% during the 2nd quarter. Headlands Technologies LLC now owns 8,515 shares of the company’s stock worth $53,000 after buying an additional 3,934 shares in the last quarter. Xponance LLC bought a new stake in shares of Liberty Global during the 4th quarter worth $75,000. Finally, Tower Research Capital LLC TRC lifted its position in shares of Liberty Global by 33.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 12,666 shares of the company’s stock worth $79,000 after buying an additional 3,150 shares during the last quarter. Institutional investors and hedge funds own 52.98% of the company’s stock.
Analyst Upgrades and Downgrades
LILAK has been the subject of several recent analyst reports. Wall Street Zen cut shares of Liberty Global from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Citigroup raised their target price on shares of Liberty Global from $8.00 to $9.00 and gave the company a “neutral” rating in a report on Thursday. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a research report on Friday, July 17th. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $8.60.
View Our Latest Report on Liberty Global
Liberty Global Company Profile
Liberty Global plc is a leading international telecommunications and television company, offering video, broadband Internet, fixed-line and mobile services to residential and business customers. Headquartered in London and operating as an ADR on the NASDAQ under the ticker LILAK, the company focuses on developing advanced broadband networks and delivering entertainment and connectivity solutions across Europe.
The company’s core products include high-speed cable broadband, digital and interactive television, fixed-line telephony, and mobile services.
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