Liberty Global (NASDAQ:LBTYK) Sets New 12-Month Low – Should You Sell?

Liberty Global Ltd. (NASDAQ:LBTYK)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as $10.87 and last traded at $11.00, with a volume of 283443 shares trading hands. The stock had previously closed at $11.25.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on Liberty Global in a report on Friday, January 17th. They set a “hold” rating for the company.

Liberty Global Stock Performance

The business’s fifty day moving average is $12.39 and its two-hundred day moving average is $16.68. The stock has a market capitalization of $4.00 billion, a PE ratio of -1.10 and a beta of 1.19. 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 (NASDAQ:LBTYK) last issued its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, topping analysts’ consensus estimates of ($0.86) by $7.19. The business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.84 billion. Liberty Global had a negative net margin of 54.02% and a negative return on equity of 22.30%.

Insider Buying and Selling at Liberty Global

In related news, major shareholder Nicholas V. Tompras sold 57,000 shares of the stock in a transaction dated Friday, December 27th. The shares were sold at an average price of $12.94, for a total value of $737,580.00. Following the sale, the insider now directly owns 16,153 shares of the company’s stock, valued at $209,019.82. This represents a 77.92 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Charles H. R. Bracken sold 84,103 shares of the stock in a transaction that occurred 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 completion of the sale, the chief financial officer now owns 53,312 shares in the company, valued at approximately $776,222.72. The trade was a 61.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 9.86% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Sequoia Financial Advisors LLC purchased a new position in shares of Liberty Global in the 3rd quarter valued at approximately $7,471,000. State Street Corp lifted its stake in shares of Liberty Global by 3.6% during the third quarter. State Street Corp now owns 3,797,422 shares of the company’s stock worth $82,062,000 after buying an additional 131,875 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in shares of Liberty Global during the third quarter valued at $15,636,000. DekaBank Deutsche Girozentrale raised its stake in Liberty Global by 296.3% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 31,522 shares of the company’s stock worth $668,000 after acquiring an additional 23,568 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in Liberty Global by 34.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 349,565 shares of the company’s stock worth $7,554,000 after acquiring an additional 88,975 shares during the period. 46.10% of the stock is currently owned by institutional investors.

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.