Liberty Latin America (NASDAQ:LILA) CAO Brian Zook Sells 27,611 Shares of Company Stock

Liberty Latin America Ltd. (NASDAQ:LILA) CAO Brian Zook sold 27,611 shares of Liberty Latin America stock in a transaction dated Wednesday, November 11th. The shares were sold at an average price of $9.95, for a total value of $274,729.45. Following the transaction, the chief accounting officer owned 6,813 shares of the company’s stock, valued at $67,789.35. The trade was a 80.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Liberty Latin America Stock Performance

Shares of LILA stock traded up $0.11 on Friday, hitting $9.84. The company had a trading volume of 396,996 shares, compared to its average volume of 415,744. Liberty Latin America Ltd. has a twelve month low of $4.77 and a twelve month high of $10.33. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 8.75. The firm has a market cap of $1.93 billion, a P/E ratio of -10.58 and a beta of 0.78. The company has a 50-day moving average price of $8.60 and a 200-day moving average price of $8.08.

Liberty Latin America (NASDAQ:LILA) last posted its earnings results on Wednesday, November 4th. The company reported ($0.42) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.33). The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.14 billion. Liberty Latin America had a negative return on equity of 17.27% and a negative net margin of 3.86%. As a group, equities research analysts predict that Liberty Latin America Ltd. will post -0.47 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on LILA. Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Latin America in a research note on Thursday, October 15th. Morgan Stanley lowered shares of Liberty Latin America from an “equal weight” rating to an “underweight” rating and set a $7.00 price target on the stock. in a research report on Thursday, August 20th. Finally, UBS Group raised shares of Liberty Latin America to a “hold” rating in a report on Thursday, September 3rd. One investment analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Liberty Latin America presently has an average rating of “Sell” and a consensus price target of $7.00.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Marshall Wace LLP purchased a new stake in shares of Liberty Latin America during the third quarter worth about $983,000. Empowered Funds LLC acquired a new stake in shares of Liberty Latin America in the third quarter valued at about $2,817,000. State Board of Administration of Florida Retirement System acquired a new stake in shares of Liberty Latin America in the third quarter valued at about $95,000. Gabelli Funds LLC acquired a new stake in shares of Liberty Latin America in the third quarter valued at about $4,181,000. Finally, Gamco Investors INC. ET AL purchased a new position in shares of Liberty Latin America in the third quarter worth about $8,890,000. 18.48% of the stock is owned by institutional investors and hedge funds.

Liberty Latin America Company Profile

Liberty Latin America is a telecommunications company that provides broadband internet, video, fixed-line telephone, mobile, and business communications services. Its residential and business customers access these services through cable, fiber, and wireless networks. The company operates across the Caribbean and Latin America, including markets such as Puerto Rico, Panama, Costa Rica, and Chile. Its services are offered under brands that include Liberty, Flow, and Más Móvil, with offerings and brand names varying by market.