Long Focus Capital Management LLC Increases Stock Holdings in Liberty Global Ltd $LBTYK

Key Points

• Long Focus Capital Management LLC increased its holdings in Liberty Global Ltd by 3.6%, owning approximately 1.49 million shares worth $17.89 million as of the most recent SEC filing.
• Insider transactions were significant, with CFO Charles H.R. Bracken selling 60,000 shares, representing a 64.36% decrease in his position, while Director Miranda Curtis sold 42,600 shares, a 24.78% decrease in hers.
• Liberty Global reported a significant earnings miss, with earnings per share at ($8.09), missing the consensus estimate of ($0.44), alongside a revenue of $1.27 billion for the quarter.

Long Focus Capital Management LLC grew its stake in Liberty Global Ltd (NASDAQ:LBTYK - Free Report) by 3.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,494,400 shares of the company's stock after purchasing an additional 52,400 shares during the period. Long Focus Capital Management LLC owned approximately 0.43% of Liberty Global worth $17,888,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. State of Wyoming grew its position in shares of Liberty Global by 655.1% in the first quarter. State of Wyoming now owns 18,952 shares of the company's stock valued at $227,000 after purchasing an additional 16,442 shares in the last quarter. Trexquant Investment LP raised its position in shares of Liberty Global by 38.4% during the 1st quarter. Trexquant Investment LP now owns 461,753 shares of the company's stock valued at $5,527,000 after buying an additional 128,003 shares during the period. Capital Fund Management S.A. purchased a new stake in shares of Liberty Global during the 1st quarter valued at approximately $233,000. Summit Securities Group LLC purchased a new stake in shares of Liberty Global during the 1st quarter valued at approximately $67,000. Finally, Algert Global LLC purchased a new stake in shares of Liberty Global during the 1st quarter valued at approximately $348,000. 46.10% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

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

Liberty Global Trading Down 0.0%

Shares of LBTYK stock traded down $0.01 during trading on Thursday, hitting $12.03. 216,230 shares of the stock traded hands, compared to its average volume of 1,345,329. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.02 and a quick ratio of 1.02. The firm has a market capitalization of $4.10 billion, a P/E ratio of -1.23 and a beta of 1.11. The firm's fifty day moving average price is $10.87 and its 200-day moving average price is $10.89. Liberty Global Ltd has a 52-week low of $9.21 and a 52-week high of $22.14.

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

Liberty Global Company Profile

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.