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GCI Liberty, Inc. - Series C GCI Group (NASDAQ:GLIBK) Director John Malone Purchases 1,594 Shares

Key Points

  • Director John Malone of GCI Liberty, Inc. purchased 1,594 shares at an average price of $35.00 per share, totaling $55,790.00.
  • Post-transaction, Malone's ownership increased to 1,220,595 shares, valued at approximately $42.7 million.
  • On the trading day of the purchase, GCI Liberty, Inc. shares decreased by 2.0% and closed at $35.19.
  • Five stocks to consider instead of GCI Liberty, Inc. - Series C GCI Group.

GCI Liberty, Inc. - Series C GCI Group (NASDAQ:GLIBK - Get Free Report) Director John Malone acquired 1,594 shares of the stock in a transaction dated Thursday, September 25th. The stock was acquired at an average price of $35.00 per share, for a total transaction of $55,790.00. Following the completion of the transaction, the director directly owned 1,220,595 shares of the company's stock, valued at approximately $42,720,825. This represents a 0.13% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

GCI Liberty, Inc. - Series C GCI Group Trading Down 2.0%

Shares of GCI Liberty, Inc. - Series C GCI Group stock traded down $0.73 on Thursday, hitting $35.19. 221,974 shares of the company traded hands, compared to its average volume of 476,390. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.71. GCI Liberty, Inc. - Series C GCI Group has a 52 week low of $29.00 and a 52 week high of $39.14.

GCI Liberty, Inc. - Series C GCI Group Company Profile

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GCI Liberty Inc consists of its wholly owned subsidiary GCI. The company is communications provider, providing data, voice and managed services to consumer and business customers throughout Alaska. GCI Liberty Inc is based in ENGLEWOOD, Colo.

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