Liberty Global (NASDAQ:LBTYK) Issues Earnings Results

Liberty Global (NASDAQ:LBTYK - Get Free Report) issued its earnings results on Tuesday. The company reported $6.33 EPS for the quarter, beating the consensus estimate of ($0.86) by $7.19, Zacks reports. The company had revenue of $1.12 billion during the quarter, compared to analysts' expectations of $1.84 billion. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%.

Liberty Global Stock Up 0.3 %

NASDAQ LBTYK traded up $0.03 on Friday, hitting $11.91. 1,717,592 shares of the company were exchanged, compared to its average volume of 1,318,082. The company has a market cap of $4.26 billion, a PE ratio of 2.84 and a beta of 1.19. Liberty Global has a 12 month low of $10.83 and a 12 month high of $22.14. The stock has a fifty day moving average of $12.27 and a 200-day moving average of $16.56. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65.

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Liberty Global in a research note on Friday, January 17th. They issued a "hold" rating on the stock.

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.