Liberty Global PLC (NASDAQ:LBTYA) Director David E. Rapley sold 13,952 shares of the business’s stock in a transaction on Friday, April 12th. The stock was sold at an average price of $27.10, for a total value of $378,099.20. Following the sale, the director now owns 6,864 shares in the company, valued at approximately $186,014.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Shares of NASDAQ LBTYA traded up $0.37 during trading on Monday, reaching $28.29. The company had a trading volume of 1,119,900 shares, compared to its average volume of 1,894,292. Liberty Global PLC has a 12 month low of $19.88 and a 12 month high of $33.50. The firm has a market capitalization of $20.21 billion, a PE ratio of -14.36 and a beta of 1.53. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 6.31.
Liberty Global (NASDAQ:LBTYA) last released its quarterly earnings results on Wednesday, February 27th. The company reported $0.03 EPS for the quarter. Liberty Global had a negative return on equity of 20.19% and a net margin of 5.53%. The firm had revenue of $2.95 billion for the quarter, compared to analyst estimates of $2.97 billion. As a group, analysts forecast that Liberty Global PLC will post -0.04 earnings per share for the current fiscal year.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in LBTYA. Nissay Asset Management Corp Japan ADV lifted its stake in shares of Liberty Global by 2.8% in the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 15,098 shares of the company’s stock valued at $322,000 after purchasing an additional 413 shares during the period. NuWave Investment Management LLC lifted its stake in shares of Liberty Global by 71.5% in the 1st quarter. NuWave Investment Management LLC now owns 1,024 shares of the company’s stock valued at $26,000 after purchasing an additional 427 shares during the period. American International Group Inc. lifted its stake in shares of Liberty Global by 2.7% in the 4th quarter. American International Group Inc. now owns 18,355 shares of the company’s stock valued at $392,000 after purchasing an additional 478 shares during the period. QS Investors LLC lifted its stake in shares of Liberty Global by 21.1% in the 4th quarter. QS Investors LLC now owns 4,015 shares of the company’s stock valued at $86,000 after purchasing an additional 700 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of Liberty Global by 0.7% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 124,600 shares of the company’s stock valued at $2,659,000 after purchasing an additional 900 shares during the period. Hedge funds and other institutional investors own 23.50% of the company’s stock.
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About Liberty Global
Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses in Europe. It offers video services, including digital video programming and audio services starting with a basic video service, video-on-demand, electronic programming guide, various premium channel packages, digital video recorders, various mobile applications, and set-top boxes.
Further Reading: Intrinsic Value and Stock Selection
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