Graham Capital Management L.P. Purchases 45,710 Shares of Liberty Global Ltd $LBTYK

Key Points

• Graham Capital Management L.P. increased its holdings in Liberty Global Ltd by 17.8%, owning 301,876 shares valued at approximately $3.6 million following the acquisition of an additional 45,710 shares.
• Liberty Global's latest earnings report showed an EPS loss of $8.09, significantly missing analyst expectations, although the company reported a revenue of $1.27 billion.
• Recent insider transactions revealed that CFO Charles H. R. Bracken and Director Miranda Curtis sold large portions of their shares, with the CFO reducing his stake by 64.36%.

Graham Capital Management L.P. increased its stake in shares of Liberty Global Ltd (NASDAQ:LBTYK - Free Report) by 17.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 301,876 shares of the company's stock after purchasing an additional 45,710 shares during the quarter. Graham Capital Management L.P. owned approximately 0.09% of Liberty Global worth $3,613,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in LBTYK. Millennium Management LLC boosted its holdings in shares of Liberty Global by 268.3% during the fourth quarter. Millennium Management LLC now owns 909,898 shares of the company's stock worth $11,956,000 after purchasing an additional 662,827 shares during the period. American Century Companies Inc. boosted its holdings in shares of Liberty Global by 61.4% during the first quarter. American Century Companies Inc. now owns 1,130,613 shares of the company's stock worth $13,533,000 after purchasing an additional 430,251 shares during the period. Nuveen LLC acquired a new stake in shares of Liberty Global during the first quarter worth approximately $4,198,000. Allianz Asset Management GmbH boosted its holdings in shares of Liberty Global by 185.2% during the first quarter. Allianz Asset Management GmbH now owns 495,002 shares of the company's stock worth $5,925,000 after purchasing an additional 321,444 shares during the period. Finally, Robeco Institutional Asset Management B.V. boosted its holdings in shares of Liberty Global by 56.3% during the first quarter. Robeco Institutional Asset Management B.V. now owns 655,534 shares of the company's stock worth $7,847,000 after purchasing an additional 236,017 shares during the period. 46.10% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Liberty Global

In related news, Director Miranda Curtis sold 42,600 shares of the firm's stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $11.77, for a total transaction of $501,402.00. Following the transaction, the director owned 129,305 shares of the company's stock, valued at approximately $1,521,919.85. This trade represents a 24.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Jason Waldron sold 34,380 shares of the firm's stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $11.55, for a total transaction of $397,089.00. Following the transaction, the chief accounting officer directly owned 8,383 shares in the company, valued at approximately $96,823.65. The trade was a 80.40% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 136,980 shares of company stock valued at $1,577,091. 9.86% of the stock is currently owned by corporate insiders.

Liberty Global Stock Up 1.9%

Shares of LBTYK stock traded up $0.22 during trading on Wednesday, hitting $12.03. 630,236 shares of the company were exchanged, compared to its average volume of 1,017,800. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a market capitalization of $4.10 billion, a price-to-earnings ratio of -1.23 and a beta of 1.11. The business's 50-day simple moving average is $10.87 and its 200 day simple moving average is $10.89. Liberty Global Ltd has a twelve month low of $9.21 and a twelve month high of $22.14.

Liberty Global (NASDAQ:LBTYK - Get Free Report) last issued its quarterly earnings data on Friday, August 1st. The company reported ($8.09) earnings per share for the quarter, missing the consensus estimate of ($0.44) by ($7.65). The business had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.22 billion. Liberty Global had a negative net margin of 60.38% and a negative return on equity of 22.64%.

About Liberty Global

Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.