John Malone Purchases 1,000 Shares of GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) Stock

GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) Director John Malone purchased 1,000 shares of the stock in a transaction dated Thursday, August 13th. The shares were acquired at an average price of $26.00 per share, for a total transaction of $26,000.00. Following the acquisition, the director directly owned 2,559,752 shares of the company’s stock, valued at $66,553,552. This represents a 0.04% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

GCI Liberty, Inc. – Series A GCI Group Stock Down 3.5%

GCI Liberty, Inc. – Series A GCI Group stock traded down $0.94 during mid-day trading on Monday, hitting $26.14. The company’s stock had a trading volume of 39,034 shares, compared to its average volume of 63,595. The firm’s 50 day moving average is $22.68 and its 200 day moving average is $30.20. The company has a market cap of $750.22 million and a PE ratio of -2.32. The company has a debt-to-equity ratio of 0.73, a current ratio of 3.37 and a quick ratio of 3.37. GCI Liberty, Inc. – Series A GCI Group has a 52-week low of $19.61 and a 52-week high of $41.87.

GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) last released its earnings results on Thursday, August 6th. The company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $1.15 by ($0.75). The business had revenue of $261.00 million for the quarter. GCI Liberty, Inc. – Series A GCI Group had a negative net margin of 32.53% and a positive return on equity of 11.56%. On average, analysts anticipate that GCI Liberty, Inc. – Series A GCI Group will post 2.58 earnings per share for the current year.

Institutional Investors Weigh In On GCI Liberty, Inc. – Series A GCI Group

Large investors have recently bought and sold shares of the business. Vanguard Group Inc. bought a new position in GCI Liberty, Inc. – Series A GCI Group during the third quarter valued at about $11,733,000. Dimensional Fund Advisors LP increased its holdings in shares of GCI Liberty, Inc. – Series A GCI Group by 29.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 154,189 shares of the company’s stock valued at $5,682,000 after acquiring an additional 35,340 shares during the last quarter. Quantinno Capital Management LP increased its holdings in shares of GCI Liberty, Inc. – Series A GCI Group by 78.9% during the 1st quarter. Quantinno Capital Management LP now owns 128,543 shares of the company’s stock valued at $4,737,000 after acquiring an additional 56,675 shares during the last quarter. Gotham Asset Management LLC raised its stake in shares of GCI Liberty, Inc. – Series A GCI Group by 103.2% in the 4th quarter. Gotham Asset Management LLC now owns 116,625 shares of the company’s stock valued at $4,300,000 after acquiring an additional 59,235 shares in the last quarter. Finally, Osaic Holdings Inc. raised its stake in shares of GCI Liberty, Inc. – Series A GCI Group by 13.8% in the 4th quarter. Osaic Holdings Inc. now owns 115,050 shares of the company’s stock valued at $4,242,000 after acquiring an additional 13,930 shares in the last quarter.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered shares of GCI Liberty, Inc. – Series A GCI Group from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 11th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

About GCI Liberty, Inc. – Series A GCI Group

GCI Liberty, Inc, together with its subsidiaries, provides various communication services in the United States. The company offers data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, and educational and medical institutions primarily in Alaska under the GCI brand. It also operates a digital invitation platform that provides custom display advertising, native advertising content, custom video, and brand partnership services. The company is based in Englewood, Colorado.