Insider Selling: Liberty Global PLC (LBTYA) Director Sells 40,448 Shares of Stock

Liberty Global PLC (NASDAQ:LBTYA) Director Richard R. Green sold 40,448 shares of the stock in a transaction that occurred on Monday, May 13th. The shares were sold at an average price of $24.54, for a total transaction of $992,593.92. Following the completion of the transaction, the director now owns 15,993 shares in the company, valued at $392,468.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of LBTYA traded up $0.10 during mid-day trading on Tuesday, reaching $24.91. 1,155,600 shares of the company’s stock were exchanged, compared to its average volume of 1,768,947. The company has a current ratio of 0.36, a quick ratio of 0.40 and a debt-to-equity ratio of 6.85. The firm has a market cap of $18.41 billion, a PE ratio of -12.64 and a beta of 1.54. Liberty Global PLC has a 52-week low of $19.88 and a 52-week high of $30.50.

Liberty Global (NASDAQ:LBTYA) last announced its earnings results on Wednesday, February 27th. The company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $2.95 billion for the quarter, compared to analyst estimates of $2.97 billion. Liberty Global had a net margin of 16.23% and a negative return on equity of 2.41%. As a group, equities research analysts forecast that Liberty Global PLC will post -0.23 EPS for the current fiscal year.



Several equities analysts have commented on LBTYA shares. HSBC set a $32.00 price target on shares of Liberty Global and gave the company a “buy” rating in a research note on Tuesday, January 29th. Pivotal Research reiterated a “buy” rating and issued a $32.00 price target on shares of Liberty Global in a research note on Wednesday, February 27th. BidaskClub upgraded shares of Liberty Global from a “hold” rating to a “buy” rating in a research note on Saturday, February 23rd. ValuEngine upgraded shares of Liberty Global from a “sell” rating to a “hold” rating in a research note on Friday, March 1st. Finally, Zacks Investment Research upgraded shares of Liberty Global from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 17th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $31.17.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Teachers Advisors LLC grew its position in shares of Liberty Global by 15.7% during the 3rd quarter. Teachers Advisors LLC now owns 9,946 shares of the company’s stock valued at $288,000 after purchasing an additional 1,350 shares in the last quarter. Virtu Financial LLC purchased a new position in shares of Liberty Global during the 4th quarter valued at $381,000. Simplex Trading LLC grew its position in shares of Liberty Global by 613.5% during the 4th quarter. Simplex Trading LLC now owns 60,344 shares of the company’s stock valued at $1,287,000 after purchasing an additional 51,886 shares in the last quarter. R.H. Dinel Investment Counsel Inc. purchased a new position in shares of Liberty Global during the 4th quarter valued at $324,000. Finally, Bank of Montreal Can grew its position in shares of Liberty Global by 80.4% during the 4th quarter. Bank of Montreal Can now owns 46,485 shares of the company’s stock valued at $992,000 after purchasing an additional 20,714 shares in the last quarter. Institutional investors and hedge funds own 23.41% of the company’s stock.

COPYRIGHT VIOLATION WARNING: This piece was originally posted by Dakota Financial News and is the property of of Dakota Financial News. If you are viewing this piece on another domain, it was illegally copied and republished in violation of United States & international trademark & copyright legislation. The correct version of this piece can be accessed at https://dakotafinancialnews.com/2019/05/15/insider-selling-liberty-global-plc-lbtya-director-sells-40448-shares-of-stock.html.

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.

Featured Article: Swap

Insider Buying and Selling by Quarter for Liberty Global (NASDAQ:LBTYA)

Receive News & Ratings for Liberty Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Global and related companies with MarketBeat.com's FREE daily email newsletter.