J David Wargo Sells 30,000 Shares of Liberty Global Ltd. (NASDAQ:LBTYK) Stock

Liberty Global Ltd. (NASDAQ:LBTYK) Director J David Wargo sold 30,000 shares of the company’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $17.35, for a total transaction of $520,500.00. Following the transaction, the director now owns 159,632 shares in the company, valued at approximately $2,769,615.20. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Liberty Global Trading Down 0.7 %

NASDAQ:LBTYK traded down $0.12 on Wednesday, hitting $16.79. 1,285,917 shares of the stock were exchanged, compared to its average volume of 1,686,588. The stock has a market capitalization of $6.34 billion, a price-to-earnings ratio of -1.79 and a beta of 1.13. Liberty Global Ltd. has a 52 week low of $16.26 and a 52 week high of $21.83. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.30 and a current ratio of 1.30. The company’s 50-day moving average price is $18.30 and its 200 day moving average price is $18.20.

Liberty Global (NASDAQ:LBTYK) last announced its quarterly earnings data on Thursday, February 15th. The company reported ($8.23) earnings per share for the quarter, missing the consensus estimate of ($0.26) by ($7.97). The firm had revenue of $1.92 billion for the quarter. Liberty Global had a negative return on equity of 19.26% and a negative net margin of 54.08%.

Institutional Trading of Liberty Global

Institutional investors and hedge funds have recently modified their holdings of the stock. Bank of New York Mellon Corp grew its position in shares of Liberty Global by 11.3% in the 1st quarter. Bank of New York Mellon Corp now owns 469,939 shares of the company’s stock valued at $12,176,000 after purchasing an additional 47,558 shares during the period. Bank of Montreal Can grew its position in shares of Liberty Global by 1.9% in the 1st quarter. Bank of Montreal Can now owns 26,282 shares of the company’s stock valued at $694,000 after purchasing an additional 501 shares during the period. BlackRock Inc. grew its position in shares of Liberty Global by 4.9% in the 1st quarter. BlackRock Inc. now owns 14,445,805 shares of the company’s stock valued at $374,293,000 after purchasing an additional 675,496 shares during the period. Yousif Capital Management LLC grew its position in shares of Liberty Global by 13.2% in the 1st quarter. Yousif Capital Management LLC now owns 14,275 shares of the company’s stock valued at $370,000 after purchasing an additional 1,665 shares during the period. Finally, Aviva PLC grew its position in shares of Liberty Global by 78.8% in the 1st quarter. Aviva PLC now owns 106,799 shares of the company’s stock valued at $2,767,000 after purchasing an additional 47,076 shares during the period. 46.10% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

LBTYK has been the topic of several research reports. TheStreet upgraded shares of Liberty Global from a “d+” rating to a “c-” rating in a research report on Wednesday, January 24th. StockNews.com cut Liberty Global from a “hold” rating to a “sell” rating in a report on Tuesday, March 5th.

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.