Liberty Global Ltd. (NASDAQ:LBTYA) CFO Sells $1,224,539.68 in Stock

Liberty Global Ltd. (NASDAQ:LBTYA) CFO Charles H. R. Bracken sold 84,103 shares of Liberty Global stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the sale, the chief financial officer now directly owns 53,312 shares of the company’s stock, valued at $776,222.72. This represents a 61.20 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Liberty Global Price Performance

LBTYA stock opened at $13.81 on Wednesday. The firm’s 50-day moving average price is $18.46 and its two-hundred day moving average price is $18.48. Liberty Global Ltd. has a 12-month low of $10.93 and a 12-month high of $21.56. The stock has a market capitalization of $4.94 billion, a price-to-earnings ratio of -1.36 and a beta of 1.24. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80.

Hedge Funds Weigh In On Liberty Global

Hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC increased its position in shares of Liberty Global by 63.7% in the second quarter. EverSource Wealth Advisors LLC now owns 1,545 shares of the company’s stock valued at $27,000 after acquiring an additional 601 shares during the period. Blue Trust Inc. increased its position in shares of Liberty Global by 110.3% during the third quarter. Blue Trust Inc. now owns 1,859 shares of the company’s stock valued at $39,000 after buying an additional 975 shares during the period. nVerses Capital LLC purchased a new position in shares of Liberty Global during the second quarter valued at about $75,000. Whittier Trust Co. increased its position in shares of Liberty Global by 21,707.3% during the second quarter. Whittier Trust Co. now owns 8,941 shares of the company’s stock valued at $156,000 after buying an additional 8,900 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Liberty Global by 4,512.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,948 shares of the company’s stock valued at $156,000 after buying an additional 8,754 shares during the period. Hedge funds and other institutional investors own 37.20% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on LBTYA. Barclays dropped their price objective on shares of Liberty Global from $20.00 to $12.00 and set an “equal weight” rating for the company in a report on Monday, November 25th. Bank of America raised shares of Liberty Global from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from $15.50 to $21.30 in a research note on Monday, August 12th. UBS Group downgraded shares of Liberty Global from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $23.00 to $13.00 in a research note on Monday, November 18th. Citigroup began coverage on shares of Liberty Global in a research note on Friday, August 9th. They issued a “buy” rating and a $25.00 price target for the company. Finally, Benchmark reissued a “buy” rating and issued a $27.00 price target on shares of Liberty Global in a research note on Tuesday, October 29th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $21.76.

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.