Liberty Global (NASDAQ:LBTYA) CAO Sells $397,089.00 in Stock

Key Points

• Jason Waldron, CAO of Liberty Global, sold 34,380 shares of stock for $397,089, marking an 80.40% decrease in his holdings.
• Liberty Global's stock is currently down 1.9%, valuing at $11.38 with a market cap of $3.88 billion and a P/E ratio of -1.16.
• The company reported a negative EPS of ($8.09) for the last quarter, missing estimates, despite generating $1.27 billion in revenue.

Liberty Global Ltd (NASDAQ:LBTYA - Get Free Report) CAO Jason Waldron sold 34,380 shares of Liberty Global stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $11.55, for a total value of $397,089.00. Following the transaction, the chief accounting officer owned 8,383 shares of the company's stock, valued at $96,823.65. This represents a 80.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Liberty Global Stock Performance

Shares of NASDAQ LBTYA traded up $0.23 during midday trading on Friday, hitting $11.68. 1,780,292 shares of the company's stock were exchanged, compared to its average volume of 2,287,581. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.59. Liberty Global Ltd has a 12 month low of $9.02 and a 12 month high of $21.56. The company's 50 day moving average price is $10.36 and its 200 day moving average price is $10.54. The firm has a market capitalization of $3.98 billion, a PE ratio of -1.20 and a beta of 1.13.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last released its quarterly earnings results on Friday, August 1st. The company reported ($8.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.55) by ($7.54). The firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.20 billion. Liberty Global had a negative net margin of 60.38% and a negative return on equity of 22.64%. As a group, analysts predict that Liberty Global Ltd will post -1.35 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of LBTYA. Invesco Ltd. increased its position in shares of Liberty Global by 2.6% in the fourth quarter. Invesco Ltd. now owns 323,684 shares of the company's stock worth $4,130,000 after purchasing an additional 8,096 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Liberty Global during the 4th quarter worth $295,000. Barclays PLC raised its holdings in shares of Liberty Global by 93.2% during the 4th quarter. Barclays PLC now owns 958,564 shares of the company's stock worth $12,229,000 after buying an additional 462,519 shares in the last quarter. Guggenheim Capital LLC acquired a new position in shares of Liberty Global during the 4th quarter worth $661,000. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Liberty Global by 22.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 6,072,421 shares of the company's stock worth $77,482,000 after buying an additional 1,117,935 shares in the last quarter. Institutional investors own 37.20% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Barclays set a $11.00 price target on shares of Liberty Global and gave the company an "equal weight" rating in a research note on Tuesday, May 6th. Citigroup lowered their target price on shares of Liberty Global from $13.00 to $11.00 and set a "neutral" rating on the stock in a report on Wednesday, May 28th. UBS Group lifted their price target on shares of Liberty Global from $10.60 to $11.80 and gave the company a "neutral" rating in a research report on Wednesday, August 6th. Berenberg Bank raised Liberty Global to a "hold" rating in a research report on Thursday, June 26th. Finally, Benchmark reiterated a "buy" rating and set a $21.00 target price (up from $18.00) on shares of Liberty Global in a research report on Monday, August 4th. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $14.26.

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.