Liberty Latin America Ltd. (NASDAQ:LILAK - Get Free Report) Director Brendan J. Paddick acquired 18,011 shares of the stock in a transaction that occurred on Monday, December 23rd. The shares were bought at an average cost of $6.12 per share, for a total transaction of $110,227.32. Following the completion of the transaction, the director now directly owns 1,437,518 shares of the company's stock, valued at $8,797,610.16. This represents a 1.27 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink.
Liberty Latin America Stock Down 1.6 %
LILAK stock traded down $0.10 during trading hours on Monday, hitting $6.13. The company's stock had a trading volume of 1,147,163 shares, compared to its average volume of 1,014,704. The stock has a 50 day moving average price of $7.83 and a two-hundred day moving average price of $8.90. Liberty Latin America Ltd. has a 12 month low of $5.95 and a 12 month high of $10.93. The company has a market capitalization of $1.21 billion, a PE ratio of -2.09 and a beta of 1.04. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 4.31.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on LILAK shares. Scotiabank decreased their target price on shares of Liberty Latin America from $9.40 to $8.30 and set a "sector outperform" rating for the company in a research note on Friday, November 8th. The Goldman Sachs Group lowered their target price on Liberty Latin America from $10.50 to $7.50 and set a "neutral" rating on the stock in a research note on Wednesday, December 4th.
Read Our Latest Analysis on Liberty Latin America
Institutional Investors Weigh In On Liberty Latin America
A number of large investors have recently bought and sold shares of LILAK. nVerses Capital LLC acquired a new position in Liberty Latin America during the third quarter valued at approximately $55,000. Quantinno Capital Management LP bought a new stake in shares of Liberty Latin America during the 3rd quarter worth $125,000. Algert Global LLC acquired a new position in Liberty Latin America in the 2nd quarter valued at $126,000. Verition Fund Management LLC bought a new position in Liberty Latin America in the 3rd quarter worth $187,000. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Liberty Latin America during the 3rd quarter worth $209,000. 52.98% of the stock is currently owned by institutional investors.
Liberty Latin America Company Profile
(
Get Free Report)
Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. The company operates through C&W Caribbean, C&W Panama, Liberty Networks, Liberty Puerto Rico, and Liberty Costa Rico segments. It offers communications and entertainment services, including video, broadband internet, fixed-line, telephony, and mobiles services to residential and business customers; and business products and services that include enterprise-grade connectivity, data center, hosting, and managed solutions, as well as information technology solutions for small and medium enterprises, international companies, and governmental agencies.
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