350,702 Shares in Liberty Global Ltd $LBTYK Purchased by Nuveen LLC

Key Points

• Nuveen LLC acquired a new stake in Liberty Global Ltd valued at approximately $4.20 million, owning about 0.10% of the company as of the end of the most recent reporting period.
• Insider selling was reported, with CFO Charles H. R. Bracken selling 60,000 shares and CAO Jason Waldron selling 34,380 shares, significantly reducing their ownership of the stock.
• Liberty Global's stock is currently priced at $11.82, with a recent earnings report showing a loss of ($8.09) per share, missing expectations by ($7.65).

Nuveen LLC acquired a new stake in Liberty Global Ltd (NASDAQ:LBTYK - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 350,702 shares of the company's stock, valued at approximately $4,198,000. Nuveen LLC owned approximately 0.10% of Liberty Global at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State of Wyoming acquired a new stake in Liberty Global in the fourth quarter valued at $33,000. Parallel Advisors LLC increased its stake in shares of Liberty Global by 26.2% during the 1st quarter. Parallel Advisors LLC now owns 5,107 shares of the company's stock worth $61,000 after purchasing an additional 1,059 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Liberty Global by 1,176.4% during the 1st quarter. GAMMA Investing LLC now owns 6,548 shares of the company's stock worth $78,000 after purchasing an additional 6,035 shares during the last quarter. CWM LLC raised its position in shares of Liberty Global by 19.1% during the 1st quarter. CWM LLC now owns 7,190 shares of the company's stock worth $86,000 after purchasing an additional 1,155 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in Liberty Global by 19.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 8,334 shares of the company's stock valued at $100,000 after buying an additional 1,333 shares in the last quarter. 46.10% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CAO Jason Waldron sold 34,380 shares of the company'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 owned 8,383 shares of the company's stock, valued at approximately $96,823.65. This represents a 80.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Miranda Curtis sold 42,600 shares of the firm's 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 sale, the director owned 129,305 shares in the company, valued at approximately $1,521,919.85. This trade represents a 24.78% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 136,980 shares of company stock valued at $1,577,091 in the last ninety days. Insiders own 9.86% of the company's stock.

Liberty Global Price Performance

NASDAQ:LBTYK traded up $0.03 during trading hours on Monday, reaching $11.95. 847,208 shares of the company traded hands, compared to its average volume of 1,088,510. 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's 50-day moving average is $10.80 and its 200-day moving average is $10.88. The stock has a market cap of $4.07 billion, a P/E ratio of -1.22 and a beta of 1.11. Liberty Global Ltd has a 1-year low of $9.21 and a 1-year 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 (EPS) for the quarter, missing the consensus estimate of ($0.44) by ($7.65). The company had revenue of $1.27 billion during the quarter, compared to analysts' expectations 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.