Brian Zook Sells 94,494 Shares of Liberty Global (NASDAQ:LILAK) Stock

Liberty Global PLC (NASDAQ:LILAK) CAO Brian Zook sold 94,494 shares of the business’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $8.04, for a total transaction of $759,731.76. Following the completion of the sale, the chief accounting officer owned 6,813 shares in the company, valued at $54,776.52. This represents a 93.27% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Liberty Global Price Performance

Shares of Liberty Global stock traded up $0.05 during mid-day trading on Tuesday, reaching $8.17. 937,707 shares of the stock were exchanged, compared to its average volume of 918,253. Liberty Global PLC has a fifty-two week low of $4.23 and a fifty-two week high of $9.13. The company has a market cap of $1.64 billion, a price-to-earnings ratio of -2.67 and a beta of 0.99. The firm has a 50-day simple moving average of $7.71 and a 200 day simple moving average of $8.03. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 6.78.

Liberty Global (NASDAQ:LILAK) last issued its quarterly earnings data on Wednesday, February 18th. The company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.37). The firm had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.10 billion. Liberty Global had a negative return on equity of 48.22% and a negative net margin of 13.76%.

Analyst Ratings Changes

A number of research firms have commented on LILAK. Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a research note on Thursday, January 22nd. Wall Street Zen raised shares of Liberty Global from a “hold” rating to a “buy” rating in a report on Saturday. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $8.20.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Mercer Global Advisors Inc. ADV increased its holdings in Liberty Global by 93.6% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 22,399 shares of the company’s stock valued at $167,000 after purchasing an additional 10,829 shares during the last quarter. Mackenzie Financial Corp increased its stake in shares of Liberty Global by 183.0% in the 4th quarter. Mackenzie Financial Corp now owns 194,876 shares of the company’s stock valued at $1,455,000 after acquiring an additional 126,009 shares during the last quarter. Empowered Funds LLC increased its stake in shares of Liberty Global by 4.1% in the 4th quarter. Empowered Funds LLC now owns 767,042 shares of the company’s stock valued at $5,722,000 after acquiring an additional 29,870 shares during the last quarter. Voloridge Investment Management LLC raised its position in shares of Liberty Global by 41.2% in the 4th quarter. Voloridge Investment Management LLC now owns 175,936 shares of the company’s stock valued at $1,312,000 after acquiring an additional 51,361 shares during the period. Finally, Millennium Management LLC boosted its stake in Liberty Global by 1,332.9% during the 4th quarter. Millennium Management LLC now owns 305,559 shares of the company’s stock worth $2,279,000 after acquiring an additional 284,235 shares during the last quarter. Institutional investors and hedge funds own 52.98% of the company’s stock.

Liberty Global Company Profile

Liberty Global plc is a leading international telecommunications and television company, offering video, broadband Internet, fixed-line and mobile services to residential and business customers. Headquartered in London and operating as an ADR on the NASDAQ under the ticker LILAK, the company focuses on developing advanced broadband networks and delivering entertainment and connectivity solutions across Europe.

The company’s core products include high-speed cable broadband, digital and interactive television, fixed-line telephony, and mobile services.