Liberty Global plc (NASDAQ:LBTYK – Get Rating) EVP Bryan H. Hall sold 7,000 shares of Liberty Global stock in a transaction that occurred on Tuesday, November 22nd. The stock was sold at an average price of $20.10, for a total transaction of $140,700.00. Following the completion of the transaction, the executive vice president now directly owns 136,984 shares in the company, valued at approximately $2,753,378.40. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Liberty Global Trading Up 1.0 %
Shares of LBTYK traded up $0.20 during midday trading on Wednesday, hitting $20.56. The stock had a trading volume of 811,287 shares, compared to its average volume of 2,208,310. Liberty Global plc has a fifty-two week low of $16.16 and a fifty-two week high of $29.17. The business has a 50-day simple moving average of $18.26 and a two-hundred day simple moving average of $21.19. The firm has a market cap of $9.45 billion, a P/E ratio of 1.53 and a beta of 1.21. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.53.
Analyst Upgrades and Downgrades
Separately, StockNews.com started coverage on shares of Liberty Global in a report on Wednesday, October 12th. They issued a “hold” rating for the company.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the company. CX Institutional acquired a new position in shares of Liberty Global in the second quarter worth about $26,000. US Bancorp DE boosted its holdings in shares of Liberty Global by 33.9% during the second quarter. US Bancorp DE now owns 1,778 shares of the company’s stock worth $39,000 after purchasing an additional 450 shares during the period. Amalgamated Bank boosted its holdings in shares of Liberty Global by 318.0% during the third quarter. Amalgamated Bank now owns 2,734 shares of the company’s stock worth $45,000 after purchasing an additional 2,080 shares during the period. HighTower Trust Services LTA acquired a new stake in shares of Liberty Global during the second quarter worth approximately $324,000. Finally, EverSource Wealth Advisors LLC acquired a new stake in shares of Liberty Global during the second quarter worth approximately $64,000. 50.14% of the stock is currently owned by institutional investors and hedge funds.
Liberty Global Company Profile
Liberty Global plc, 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 intelligent WiFi features; security; smart home, online storage solutions, and Web spaces; Connect Box, a set-top or Horizon box that delivers in-home Wi-Fi service; community Wi-Fi via routers in home, which provides access to the internet; and public Wi-Fi access points in train stations, hotels, bars, restaurants, and other public places.
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