John Malone Buys 1,000 Shares of GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) Stock

GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) Director John Malone acquired 1,000 shares of GCI Liberty, Inc. – Series A GCI Group stock in a transaction that occurred on Thursday, August 13th. The stock was bought at an average price of $26.00 per share, for a total transaction of $26,000.00. Following the completion of the acquisition, the director owned 2,559,752 shares in the company, valued at $66,553,552. This trade represents a 0.04% increase in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

GCI Liberty, Inc. – Series A GCI Group Trading Up 1.5%

Shares of GLIBA stock opened at $26.52 on Wednesday. The company has a debt-to-equity ratio of 0.73, a current ratio of 3.37 and a quick ratio of 3.37. The firm has a market cap of $761.12 million and a PE ratio of -2.36. The company has a 50-day moving average of $22.90 and a two-hundred day moving average of $30.05. GCI Liberty, Inc. – Series A GCI Group has a 1-year low of $19.61 and a 1-year high of $41.87.

GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.15 by ($0.75). GCI Liberty, Inc. – Series A GCI Group had a negative net margin of 32.53% and a positive return on equity of 11.56%. The company had revenue of $261.00 million during the quarter. On average, analysts predict that GCI Liberty, Inc. – Series A GCI Group will post 2.58 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered GCI Liberty, Inc. – Series A GCI Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 11th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On GCI Liberty, Inc. – Series A GCI Group

Several institutional investors have recently bought and sold shares of the company. Rhumbline Advisers purchased a new stake in GCI Liberty, Inc. – Series A GCI Group during the third quarter worth about $122,000. JPMorgan Chase & Co. purchased a new position in shares of GCI Liberty, Inc. – Series A GCI Group in the third quarter valued at approximately $33,000. Vanguard Group Inc. purchased a new position in shares of GCI Liberty, Inc. – Series A GCI Group in the third quarter valued at approximately $11,733,000. US Bancorp DE acquired a new position in shares of GCI Liberty, Inc. – Series A GCI Group in the third quarter valued at approximately $27,000. Finally, Quantbot Technologies LP acquired a new position in shares of GCI Liberty, Inc. – Series A GCI Group in the third quarter valued at approximately $43,000.

GCI Liberty, Inc. – Series A GCI Group Company Profile

GCI Liberty, Inc, together with its subsidiaries, provides various communication services in the United States. The company offers data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, and educational and medical institutions primarily in Alaska under the GCI brand. It also operates a digital invitation platform that provides custom display advertising, native advertising content, custom video, and brand partnership services. The company is based in Englewood, Colorado.