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

Liberty Global Ltd. (NASDAQ:LBTYK) major shareholder Nicholas V. Tompras sold 57,000 shares of the firm’s stock in a transaction that occurred on Friday, December 27th. The shares were sold at an average price of $12.94, for a total transaction of $737,580.00. Following the completion of the sale, the insider now 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Liberty Global Stock Down 0.3 %

Shares of LBTYK stock opened at $11.35 on Thursday. Liberty Global Ltd. has a fifty-two week low of $11.25 and a fifty-two week high of $22.14. The firm has a market capitalization of $4.06 billion, a PE ratio of -1.12 and a beta of 1.19. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19. The stock’s 50-day simple moving average is $12.66 and its 200-day simple moving average is $16.99.

Institutional Investors Weigh In On Liberty Global

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

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on Liberty Global in a research note on Friday, January 17th. They set a “hold” rating on the stock.

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.