Liberty Global PLC (NASDAQ:LILAK – Get Free Report) Director John Malone purchased 22,477 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average price of $8.50 per share, for a total transaction of $191,054.50. Following the completion of the purchase, the director directly owned 150,305 shares of the company’s stock, valued at $1,277,592.50. This represents a 17.58% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link.
Liberty Global Stock Performance
NASDAQ:LILAK opened at $8.49 on Friday. Liberty Global PLC has a 52 week low of $4.76 and a 52 week high of $9.13. The firm’s 50-day simple moving average is $7.50 and its 200 day simple moving average is $7.88. The firm has a market cap of $1.66 billion, a price-to-earnings ratio of -17.33 and a beta of 0.71.
Liberty Global (NASDAQ:LILAK – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion.
Hedge Funds Weigh In On Liberty Global
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Global in a research note on Friday, July 17th. Wall Street Zen lowered Liberty Global from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Citigroup lifted their price objective on Liberty Global from $8.00 to $9.00 and gave the company a “neutral” rating in a report on Thursday. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Liberty Global has an average rating of “Reduce” and an average price target of $8.60.
View Our Latest Analysis on Liberty Global
Liberty Global News Roundup
Here are the key news stories impacting Liberty Global this week:
- Positive Sentiment: Director John C. Malone bought 28,219 shares at approximately $8.50 each on August 13, following a 22,477-share purchase on August 11. The transactions increased his direct holdings by 18.77% and 17.58%, respectively, signaling confidence in Liberty Global’s valuation and prospects. SEC insider buying filing
- Positive Sentiment: Citigroup raised its price target for LILAK from $8.00 to $9.00 while maintaining a “neutral” rating. The increase provides a modest valuation boost, although the unchanged rating suggests limited conviction in a stronger near-term rally. Benzinga analyst report
- Neutral Sentiment: Director Charles H. R. Bracken reportedly purchased 17,425 shares, increasing his position by 73.32%. However, the reported average price of $20.93 is substantially above the stock price cited in the other filings and may reflect a data or reporting anomaly. Investors should verify the underlying SEC filing before relying on this signal. SEC insider trading filing
- Negative Sentiment: Bracken also sold 42,975 shares at an average price of $8.57, worth approximately $368,296. This sale partially offsets the positive signal from Malone’s purchases, though it may have been for personal or transaction-related reasons rather than a change in outlook. SEC insider selling filing
- Negative Sentiment: Liberty Global’s latest quarterly results remain an overhang: the company reported a $0.13-per-share loss versus analysts’ expectation of $0.02 per share, despite revenue of $1.10 billion slightly exceeding the $1.09 billion consensus estimate. Negative net margin and return on equity also highlight continuing profitability concerns.
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.
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