ABC Arbitrage SA Buys Shares of 137,192 Liberty Global Ltd. (NASDAQ:LBTYK)

ABC Arbitrage SA purchased a new stake in Liberty Global Ltd. (NASDAQ:LBTYK) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 137,192 shares of the company’s stock, valued at approximately $1,803,000.

A number of other institutional investors also recently modified their holdings of the company. Asset Management One Co. Ltd. boosted its stake in Liberty Global by 46.4% during the fourth quarter. Asset Management One Co. Ltd. now owns 34,510 shares of the company’s stock worth $446,000 after buying an additional 10,937 shares in the last quarter. Empowered Funds LLC boosted its stake in shares of Liberty Global by 2.5% in the 4th quarter. Empowered Funds LLC now owns 184,854 shares of the company’s stock valued at $2,429,000 after purchasing an additional 4,514 shares in the last quarter. DAVENPORT & Co LLC boosted its stake in shares of Liberty Global by 22.7% in the 4th quarter. DAVENPORT & Co LLC now owns 123,000 shares of the company’s stock valued at $1,616,000 after purchasing an additional 22,715 shares in the last quarter. R Squared Ltd acquired a new stake in shares of Liberty Global in the 4th quarter valued at $28,000. Finally, Perigon Wealth Management LLC boosted its stake in shares of Liberty Global by 22.0% in the 4th quarter. Perigon Wealth Management LLC now owns 25,807 shares of the company’s stock valued at $310,000 after purchasing an additional 4,653 shares in the last quarter. Institutional investors own 46.10% of the company’s stock.

Liberty Global Trading Up 0.3 %

NASDAQ:LBTYK opened at $11.31 on Friday. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80. Liberty Global Ltd. has a twelve month low of $11.21 and a twelve month high of $22.14. The business has a 50 day moving average price of $12.54 and a two-hundred day moving average price of $16.91.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Liberty Global in a research report on Friday, January 17th. They set a “hold” rating on the stock.

Insider Activity

In related news, CFO Charles H. R. Bracken sold 84,103 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $14.56, for a total value of $1,224,539.68. Following the sale, the chief financial officer now owns 53,312 shares in the company, valued at approximately $776,222.72. This represents a 61.20 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Nicholas V. Tompras sold 57,000 shares of the stock in a transaction on Friday, December 27th. The shares were sold at an average price of $12.94, for a total value of $737,580.00. Following the completion of the sale, the insider now owns 16,153 shares in the company, valued at approximately $209,019.82. This trade represents a 77.92 % decrease in their position. The disclosure for this sale can be found here. 9.86% of the stock is currently owned by insiders.

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.