Liberty Global (NASDAQ:LILAK) Sees Large Volume Increase - Should You Buy?

Shares of Liberty Global PLC (NASDAQ:LILAK - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 1,831,400 shares were traded during mid-day trading, an increase of 75% from the previous session's volume of 1,045,577 shares.The stock last traded at $6.50 and had previously closed at $6.60.

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded shares of Liberty Global from a "buy" rating to a "hold" rating in a research report on Tuesday, May 20th.

Liberty Global Trading Down 0.5%

The company has a market cap of $1.31 billion, a P/E ratio of -1.63 and a beta of 0.95. The stock's 50-day moving average is $5.46 and its two-hundred day moving average is $6.05. The company has a debt-to-equity ratio of 5.00, a current ratio of 1.08 and a quick ratio of 1.08.

Liberty Global (NASDAQ:LILAK - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported ($0.69) earnings per share for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.55). The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.10 billion. Liberty Global had a negative net margin of 17.85% and a negative return on equity of 44.60%.

Insider Buying and Selling

In other Liberty Global news, CFO Christopher J. Noyes purchased 8,000 shares of the firm's stock in a transaction on Monday, May 12th. The shares were acquired at an average cost of $4.53 per share, for a total transaction of $36,240.00. Following the completion of the transaction, the chief financial officer owned 231,621 shares of the company's stock, valued at approximately $1,049,243.13. The trade was a 3.58% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Balan Nair purchased 22,779 shares of the firm's stock in a transaction on Monday, May 12th. The stock was acquired at an average price of $4.39 per share, for a total transaction of $99,999.81. Following the completion of the transaction, the chief executive officer directly owned 1,651,001 shares of the company's stock, valued at approximately $7,247,894.39. This trade represents a 1.40% increase in their position. The disclosure for this purchase can be found here. 9.66% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Cullen Investment Group LTD. increased its stake in shares of Liberty Global by 87.7% in the second quarter. Cullen Investment Group LTD. now owns 32,100 shares of the company's stock worth $200,000 after purchasing an additional 15,000 shares in the last quarter. Strs Ohio purchased a new stake in shares of Liberty Global in the first quarter worth $474,000. Jane Street Group LLC increased its stake in shares of Liberty Global by 316.4% in the first quarter. Jane Street Group LLC now owns 153,799 shares of the company's stock worth $955,000 after purchasing an additional 116,861 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Liberty Global by 10.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 367,176 shares of the company's stock worth $2,280,000 after purchasing an additional 35,844 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd increased its stake in shares of Liberty Global by 422.7% in the first quarter. Dynamic Technology Lab Private Ltd now owns 88,633 shares of the company's stock worth $550,000 after purchasing an additional 71,677 shares in the last quarter. 52.98% of the stock is currently owned by institutional investors.

Liberty Global Company Profile

Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. The company operates through C&W Caribbean, C&W Panama, Liberty Networks, Liberty Puerto Rico, and Liberty Costa Rico segments. It offers communications and entertainment services, including video, broadband internet, fixed-line, telephony, and mobiles services to residential and business customers; and business products and services that include enterprise-grade connectivity, data center, hosting, and managed solutions, as well as information technology solutions for small and medium enterprises, international companies, and governmental agencies.