Liberty Global Ltd. (NASDAQ:LBTYA) Major Shareholder Sells $737,580.00 in Stock

Liberty Global Ltd. (NASDAQ:LBTYA - Get Free Report) major shareholder Nicholas V. Tompras sold 57,000 shares of the business's stock in a transaction on Friday, December 27th. The stock was sold at an average price of $12.94, for a total transaction of $737,580.00. Following the sale, the insider now directly owns 16,153 shares in the company, valued at approximately $209,019.82. The trade was a 77.92 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Major shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.

Liberty Global Trading Up 0.4 %

Liberty Global stock traded up $0.05 during trading hours on Friday, reaching $11.00. 2,041,736 shares of the company's stock were exchanged, compared to its average volume of 1,852,861. Liberty Global Ltd. has a twelve month low of $10.82 and a twelve month high of $21.56. The firm's 50 day simple moving average is $12.12 and its 200 day simple moving average is $16.49. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80. The firm has a market capitalization of $3.93 billion, a PE ratio of -1.08 and a beta of 1.24.

Hedge Funds Weigh In On Liberty Global

Several hedge funds have recently modified their holdings of LBTYA. ACR Alpine Capital Research LLC increased its stake in shares of Liberty Global by 333.3% during the 4th quarter. ACR Alpine Capital Research LLC now owns 17,376,978 shares of the company's stock worth $221,730,000 after purchasing an additional 13,366,743 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Liberty Global by 22.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 6,072,421 shares of the company's stock worth $77,482,000 after purchasing an additional 1,117,935 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Liberty Global by 55.3% during the 4th quarter. Vanguard Group Inc. now owns 5,240,199 shares of the company's stock worth $66,865,000 after purchasing an additional 1,866,197 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Liberty Global by 2,799.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,646,088 shares of the company's stock worth $98,079,000 after purchasing an additional 4,485,823 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Liberty Global during the 4th quarter worth approximately $48,381,000. Institutional investors own 37.20% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on LBTYA. Sanford C. Bernstein cut shares of Liberty Global from an "outperform" rating to a "market perform" rating and reduced their price objective for the stock from $24.70 to $12.40 in a research note on Thursday, January 23rd. Barclays reduced their price objective on shares of Liberty Global from $20.00 to $12.00 and set an "equal weight" rating on the stock in a research note on Monday, November 25th. Benchmark reissued a "buy" rating and issued a $27.00 price objective on shares of Liberty Global in a research note on Tuesday, October 29th. UBS Group cut shares of Liberty Global from a "buy" rating to a "neutral" rating and reduced their price objective for the stock from $23.00 to $13.00 in a research note on Monday, November 18th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Liberty Global from $23.00 to $20.00 and set a "buy" rating on the stock in a research note on Wednesday, January 29th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $17.75.

Liberty Global Company Profile

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.