Liberty Global (NASDAQ:LILAK) Director Angoitia Alfonso De Buys 313,104 Shares

Liberty Global PLC (NASDAQ:LILAK) Director Angoitia Alfonso De acquired 313,104 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were purchased at an average cost of $20.95 per share, for a total transaction of $6,559,528.80. Following the completion of the transaction, the director directly owned 476,190 shares in the company, valued at $9,976,180.50. The trade was a 191.99% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Angoitia Alfonso De also recently made the following trade(s):

• On Tuesday, September 1st, Angoitia Alfonso De acquired 17,596 shares of Liberty Global stock. The stock was acquired at an average price of $20.65 per share, for a total transaction of $363,357.40.
• On Monday, August 31st, Angoitia Alfonso De acquired 145,490 shares of Liberty Global stock. The shares were bought at an average cost of $21.00 per share, for a total transaction of $3,055,290.00.

Liberty Global Price Performance

Shares of NASDAQ LILAK traded down $0.23 during midday trading on Friday, reaching $8.45. 987,912 shares of the stock traded hands, compared to its average volume of 1,375,265. Liberty Global PLC has a one year low of $4.76 and a one year high of $9.13. The stock has a market capitalization of $1.66 billion, a PE ratio of -17.24 and a beta of 0.71. The company’s 50 day moving average is $8.00 and its 200 day moving average is $7.94.

Liberty Global (NASDAQ:LILAK) last issued its earnings results on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.15). The company had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Liberty Global had a negative return on equity of 8.50% and a negative net margin of 2.20%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. ProShare Advisors LLC increased its position in Liberty Global by 6.9% in the 4th quarter. ProShare Advisors LLC now owns 23,186 shares of the company’s stock worth $173,000 after purchasing an additional 1,494 shares during the last quarter. Headlands Technologies LLC lifted its holdings in shares of Liberty Global by 5.4% during the fourth quarter. Headlands Technologies LLC now owns 43,986 shares of the company’s stock valued at $328,000 after acquiring an additional 2,253 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of Liberty Global by 377.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,136 shares of the company’s stock worth $28,000 after purchasing an additional 2,479 shares during the last quarter. Legal & General Group Plc boosted its holdings in shares of Liberty Global by 1.6% in the 2nd quarter. Legal & General Group Plc now owns 158,315 shares of the company’s stock worth $985,000 after acquiring an additional 2,533 shares in the last quarter. Finally, CWM LLC grew its holdings in Liberty Global by 22.7% during the 4th quarter. CWM LLC now owns 13,800 shares of the company’s stock worth $103,000 after acquiring an additional 2,552 shares during the last quarter. 52.98% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have issued reports on LILAK shares. Wall Street Zen lowered Liberty Global from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Citigroup lifted their price objective on shares of Liberty Global from $8.00 to $9.00 and gave the company a “neutral” rating in a research note on Thursday, August 13th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Global in a research note on Friday, July 17th. Finally, UBS Group began coverage on Liberty Global in a research report on Thursday. They set a “neutral” rating and a $9.00 price target on the stock. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Liberty Global presently has a consensus rating of “Reduce” and a consensus target price of $9.00.

About Liberty Global

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.