Insider Buying: Liberty Latin America Ltd. (NASDAQ:LILA) Director Purchases 5,053 Shares of Stock

Liberty Latin America Ltd. (NASDAQ:LILA) Director Brendan J. Paddick purchased 5,053 shares of Liberty Latin America stock in a transaction dated Friday, November 29th. The stock was acquired at an average price of $6.93 per share, for a total transaction of $35,017.29. Following the completion of the transaction, the director now owns 1,343,021 shares in the company, valued at approximately $9,307,135.53. The trade was a 0.38 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Liberty Latin America Price Performance

Shares of LILA opened at $6.96 on Monday. The company has a debt-to-equity ratio of 4.31, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market cap of $1.37 billion, a P/E ratio of -2.38 and a beta of 1.12. Liberty Latin America Ltd. has a 12 month low of $5.90 and a 12 month high of $10.81. The stock has a fifty day moving average price of $8.84 and a 200 day moving average price of $9.15.

Hedge Funds Weigh In On Liberty Latin America

Institutional investors have recently modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new position in Liberty Latin America during the 3rd quarter valued at about $163,000. Sanctuary Advisors LLC raised its holdings in shares of Liberty Latin America by 7.8% during the third quarter. Sanctuary Advisors LLC now owns 68,236 shares of the company’s stock valued at $654,000 after buying an additional 4,917 shares during the last quarter. Barclays PLC boosted its position in shares of Liberty Latin America by 81.6% during the third quarter. Barclays PLC now owns 70,419 shares of the company’s stock worth $675,000 after buying an additional 31,642 shares during the period. XTX Topco Ltd grew its holdings in Liberty Latin America by 33.6% in the 3rd quarter. XTX Topco Ltd now owns 27,532 shares of the company’s stock worth $264,000 after buying an additional 6,918 shares in the last quarter. Finally, Zacks Investment Management bought a new position in Liberty Latin America in the 3rd quarter worth approximately $648,000. Institutional investors own 18.48% of the company’s stock.

Analyst Ratings Changes

Separately, The Goldman Sachs Group lowered shares of Liberty Latin America from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 4th.

About Liberty Latin America

Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. The company operates through C&W Caribbean, C&W Panama, Liberty Networks, Liberty Puerto Rico, and Liberty Costa Rico segments. It offers communications and entertainment services, including video, broadband internet, fixed-line, telephony, and mobiles services to residential and business customers; and business products and services that include enterprise-grade connectivity, data center, hosting, and managed solutions, as well as information technology solutions for small and medium enterprises, international companies, and governmental agencies.