Liberty Global (NASDAQ:LBTYK) Now Covered by StockNews.com

StockNews.com started coverage on shares of Liberty Global (NASDAQ:LBTYK) in a report issued on Tuesday. The brokerage set a “hold” rating on the stock.

Liberty Global Stock Performance

NASDAQ:LBTYK opened at $12.96 on Tuesday. The company has a market capitalization of $4.63 billion, a price-to-earnings ratio of -1.28 and a beta of 1.20. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.19. Liberty Global has a 1-year low of $11.25 and a 1-year high of $22.14. The business has a 50 day moving average of $16.41 and a 200 day moving average of $18.50.

Insider Buying and Selling

In other news, CFO Charles H. R. Bracken sold 84,103 shares of Liberty Global stock in a transaction that occurred 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 approximately $776,222.72. This trade represents a 61.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 9.86% of the stock is currently owned by insiders.

Institutional Trading of Liberty Global

Institutional investors have recently added to or reduced their stakes in the business. Deseret Mutual Benefit Administrators boosted its holdings in shares of Liberty Global by 41.4% in the second quarter. Deseret Mutual Benefit Administrators now owns 2,574 shares of the company’s stock worth $46,000 after buying an additional 754 shares during the last quarter. US Bancorp DE increased its stake in Liberty Global by 124.9% in the 3rd quarter. US Bancorp DE now owns 2,161 shares of the company’s stock worth $47,000 after buying an additional 1,200 shares in the last quarter. Rothschild Investment LLC purchased a new stake in shares of Liberty Global during the second quarter worth about $71,000. Point72 Asset Management L.P. bought a new stake in shares of Liberty Global during the second quarter valued at approximately $109,000. Finally, CWM LLC increased its holdings in Liberty Global by 1,159.4% in the 3rd quarter. CWM LLC now owns 6,272 shares of the company’s stock valued at $136,000 after acquiring an additional 5,774 shares during the last quarter. 46.10% of the stock is currently owned by hedge funds and other 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.