S&CO Inc. Purchases Shares of 30,093 GCI Liberty, Inc. – Series C GCI Group $GLIBK

S&CO Inc. acquired a new position in shares of GCI Liberty, Inc. – Series C GCI Group (NASDAQ:GLIBK) in the 3rd quarter, HoldingsChannel reports. The fund acquired 30,093 shares of the company’s stock, valued at approximately $1,121,000.

Other hedge funds also recently modified their holdings of the company. Western Pacific Wealth Management LP acquired a new position in shares of GCI Liberty, Inc. – Series C GCI Group during the 3rd quarter valued at $31,000. Bartlett & CO. Wealth Management LLC acquired a new stake in GCI Liberty, Inc. – Series C GCI Group in the third quarter worth $48,000. JTC Employer Solutions Trustee Ltd bought a new stake in GCI Liberty, Inc. – Series C GCI Group in the third quarter valued at $49,000. Amalgamated Bank acquired a new position in shares of GCI Liberty, Inc. – Series C GCI Group during the third quarter valued at about $50,000. Finally, Whittier Trust Co. acquired a new position in shares of GCI Liberty, Inc. – Series C GCI Group during the third quarter valued at about $64,000.

Insiders Place Their Bets

In related news, Director Jedd Gould purchased 15,000 shares of the business’s stock in a transaction on Monday, November 17th. The stock was acquired at an average price of $34.11 per share, for a total transaction of $511,650.00. Following the purchase, the director owned 15,051 shares of the company’s stock, valued at approximately $513,389.61. This trade represents a 29,411.76% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

GCI Liberty, Inc. – Series C GCI Group Trading Down 0.3%

GCI Liberty, Inc. – Series C GCI Group stock opened at $38.98 on Tuesday. The company has a market capitalization of $1.12 billion and a price-to-earnings ratio of 6.84. The firm has a fifty day simple moving average of $36.20. GCI Liberty, Inc. – Series C GCI Group has a 1-year low of $29.00 and a 1-year high of $39.63. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.34 and a quick ratio of 1.34.

Analyst Upgrades and Downgrades

Several analysts have recently commented on GLIBK shares. Weiss Ratings downgraded GCI Liberty, Inc. – Series C GCI Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, January 29th. Zacks Research upgraded GCI Liberty, Inc. – Series C GCI Group to a “hold” rating in a report on Wednesday, February 4th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Reduce”.

GCI Liberty, Inc. – Series C GCI Group Profile

GCI Liberty Inc is an American holding company whose principal operating asset is a majority ownership interest in General Communication Inc, the largest integrated telecommunications provider in the state of Alaska. GCI Liberty was formed in December 2019 as a tracking stock of Liberty Interactive Group to hold certain communications and digital media investments. Its shares trade on the NASDAQ under the ticker symbol GLIBK.

Through its subsidiary, the company delivers high-speed broadband internet, cable and direct-to-home video distribution, fixed voice, and mobile wireless services to residential customers across Alaska.