Liberty Global Ltd. (NASDAQ:LBTYK) Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. lessened its position in Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 4.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,832,270 shares of the company's stock after selling 301,348 shares during the quarter. Vanguard Group Inc. owned approximately 1.48% of Liberty Global worth $108,247,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of LBTYK. Bank of Montreal Can boosted its position in shares of Liberty Global by 1.9% during the 1st quarter. Bank of Montreal Can now owns 26,282 shares of the company's stock worth $694,000 after acquiring an additional 501 shares in the last quarter. Amalgamated Bank boosted its position in shares of Liberty Global by 18.4% in the 4th quarter. Amalgamated Bank now owns 3,236 shares of the company's stock valued at $63,000 after purchasing an additional 502 shares during the period. HighTower Advisors LLC boosted its position in shares of Liberty Global by 1.5% in the 3rd quarter. HighTower Advisors LLC now owns 43,408 shares of the company's stock valued at $804,000 after purchasing an additional 637 shares during the period. Public Sector Pension Investment Board boosted its position in shares of Liberty Global by 4.6% in the 1st quarter. Public Sector Pension Investment Board now owns 15,962 shares of the company's stock valued at $325,000 after purchasing an additional 697 shares during the period. Finally, Seven Eight Capital LP boosted its position in shares of Liberty Global by 0.8% in the 3rd quarter. Seven Eight Capital LP now owns 158,499 shares of the company's stock valued at $2,942,000 after purchasing an additional 1,233 shares during the period. 46.10% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP Andrea Salvato sold 32,403 shares of the company's stock in a transaction on Thursday, March 28th. The shares were sold at an average price of $17.70, for a total value of $573,533.10. Following the completion of the sale, the executive vice president now directly owns 102,286 shares in the company, valued at $1,810,462.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Paul A. Gould sold 50,000 shares of the company's stock in a transaction dated Wednesday, January 10th. The shares were sold at an average price of $19.79, for a total value of $989,500.00. Following the sale, the director now owns 949,059 shares of the company's stock, valued at $18,781,877.61. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Andrea Salvato sold 32,403 shares of the company's stock in a transaction dated Thursday, March 28th. The shares were sold at an average price of $17.70, for a total transaction of $573,533.10. Following the completion of the sale, the executive vice president now directly owns 102,286 shares in the company, valued at approximately $1,810,462.20. The disclosure for this sale can be found here. Insiders have sold a total of 133,629 shares of company stock worth $2,515,783 in the last ninety days. Corporate insiders own 9.86% of the company's stock.

Liberty Global Price Performance

Shares of NASDAQ LBTYK traded down $0.15 during trading on Thursday, hitting $17.34. The company had a trading volume of 1,393,845 shares, compared to its average volume of 1,732,593. The company has a market cap of $6.55 billion, a P/E ratio of -1.85 and a beta of 1.13. Liberty Global Ltd. has a 52 week low of $16.26 and a 52 week high of $21.83. The business's 50-day moving average is $18.92 and its 200 day moving average is $18.30. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.30 and a current ratio of 1.30.

Liberty Global (NASDAQ:LBTYK - Get Free Report) last posted its quarterly earnings data on Thursday, February 15th. The company reported ($8.23) earnings per share for the quarter, missing the consensus estimate of ($0.26) by ($7.97). Liberty Global had a negative return on equity of 19.26% and a negative net margin of 54.08%. The firm had revenue of $1.92 billion for the quarter.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on LBTYK shares. TheStreet raised Liberty Global from a "d+" rating to a "c-" rating in a research note on Wednesday, January 24th. StockNews.com cut Liberty Global from a "hold" rating to a "sell" rating in a report on Tuesday, March 5th.

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.