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

Liberty Global Ltd. (NASDAQ:LBTYK) Director J David Wargo sold 30,000 shares of the 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 $2,769,615.20. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Liberty Global Trading Down 0.7 %

NASDAQ LBTYK opened at $16.79 on Thursday. Liberty Global Ltd. has a one year low of $16.26 and a one year high of $21.83. The company’s 50 day moving average price is $18.22 and its 200 day moving average price is $18.19. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.30 and a current ratio of 1.30.

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

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. StockNews.com lowered shares of Liberty Global from a “hold” rating to a “sell” rating in a report on Tuesday, March 5th. TheStreet upgraded shares of Liberty Global from a “d+” rating to a “c-” rating in a report on Wednesday, January 24th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Arrowstreet Capital Limited Partnership raised its stake in shares of Liberty Global by 98.3% during the first quarter. Arrowstreet Capital Limited Partnership now owns 4,687,374 shares of the company’s stock valued at $95,529,000 after purchasing an additional 2,323,831 shares during the period. Rubric Capital Management LP purchased a new stake in shares of Liberty Global during the fourth quarter valued at approximately $34,537,000. Norges Bank purchased a new stake in shares of Liberty Global during the fourth quarter valued at approximately $29,602,000. BlackRock Inc. raised its stake in shares of Liberty Global by 10.8% during the first quarter. BlackRock Inc. now owns 14,416,743 shares of the company’s stock valued at $293,813,000 after purchasing an additional 1,402,186 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Liberty Global by 62.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,122,777 shares of the company’s stock valued at $57,959,000 after purchasing an additional 1,195,569 shares during the period. Hedge funds and other institutional investors own 46.10% of the company’s stock.

About Liberty Global

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.