Angoitia Alfonso De Purchases 145,490 Shares of Liberty Global (NASDAQ:LILAK) Stock

Liberty Global PLC (NASDAQ:LILAK) Director Angoitia Alfonso De purchased 145,490 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The shares were bought at an average price of $21.00 per share, with a total value of $3,055,290.00. Following the acquisition, the director directly owned 145,490 shares of the company’s stock, valued at $3,055,290. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Wednesday, September 2nd, Angoitia Alfonso De acquired 313,104 shares of Liberty Global stock. The shares were bought at an average price of $20.95 per share, for a total transaction of $6,559,528.80.
• On Tuesday, September 1st, Angoitia Alfonso De acquired 17,596 shares of Liberty Global stock. The shares were purchased at an average cost of $20.65 per share, for a total transaction of $363,357.40.

Liberty Global Price Performance

LILAK opened at $8.45 on Friday. Liberty Global PLC has a 1 year low of $4.76 and a 1 year high of $9.13. The company has a market capitalization of $1.66 billion, a price-to-earnings ratio of -17.24 and a beta of 0.71. The firm’s fifty day moving average price is $8.00 and its two-hundred day moving average price is $7.94.

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

Wall Street Analyst Weigh In

LILAK has been the topic of several recent analyst reports. Wall Street Zen cut shares of Liberty Global from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Citigroup upped their target price on Liberty Global from $8.00 to $9.00 and gave the company a “neutral” rating in a report on Thursday, August 13th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Global in a research report on Friday, July 17th. Finally, UBS Group began coverage on Liberty Global in a report on Thursday. They set a “neutral” rating and a $9.00 price target on the stock. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Liberty Global presently has an average rating of “Reduce” and a consensus target price of $9.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Rubric Capital Management LP raised its stake in Liberty Global by 44.5% in the 1st quarter. Rubric Capital Management LP now owns 15,395,430 shares of the company’s stock valued at $135,788,000 after acquiring an additional 4,738,495 shares during the period. Dimensional Fund Advisors LP boosted its position in Liberty Global by 1.4% during the first quarter. Dimensional Fund Advisors LP now owns 9,687,133 shares of the company’s stock worth $85,439,000 after purchasing an additional 129,952 shares during the period. Fourth Sail Capital LP boosted its holdings in Liberty Global by 22.6% in the 4th quarter. Fourth Sail Capital LP now owns 2,895,728 shares of the company’s stock worth $21,602,000 after buying an additional 533,221 shares during the period. Alta Fundamental Advisers LLC boosted its holdings in shares of Liberty Global by 10.8% in the fourth quarter. Alta Fundamental Advisers LLC now owns 2,053,559 shares of the company’s stock worth $15,320,000 after acquiring an additional 200,000 shares during the period. Finally, Bridgeway Capital Management LLC grew its position in shares of Liberty Global by 0.4% in the fourth quarter. Bridgeway Capital Management LLC now owns 1,268,542 shares of the company’s stock valued at $9,463,000 after purchasing an additional 4,870 shares in the last quarter. Institutional investors own 52.98% of the company’s stock.

Key Stories Impacting Liberty Global

Here are the key news stories impacting Liberty Global this week:

• Positive Sentiment: UBS Group upgraded Liberty Global to “hold” and set a $9.00 price target, suggesting the firm sees the stock as fairly valued with modest potential upside from recent levels. Liberty Latin America stock gains attention as UBS sets 9 USD target
• Positive Sentiment: Director Angoitia Alfonso De made sizable open-market purchases totaling 476,190 shares across August 31 and September 2, including 313,104 shares acquired for approximately $6.56 million. The buying substantially increased his direct ownership and may signal confidence in Liberty Global’s valuation and prospects. Insider Buying: Liberty Global Director Buys Shares
• Neutral Sentiment: Liberty Global trades near the upper portion of its 52-week range, while its 50-day and 200-day moving averages remain near $8.00 and $7.94, respectively. The UBS target and Citigroup’s prior $9.00 target imply relatively limited near-term appreciation potential.
• Negative Sentiment: The company’s latest quarterly results showed a loss of $0.13 per share, missing the $0.02 consensus estimate by $0.15, although revenue of $1.10 billion slightly exceeded expectations. Liberty Global continues to report negative net margin and return on equity, reinforcing profitability concerns.
• Negative Sentiment: Analyst sentiment remains cautious: Liberty Global has an overall “Reduce” consensus rating, with two Hold ratings and one Sell rating and an average price target of $9.00. This may limit the impact of the UBS upgrade.

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.