Liberty Latin America Ltd. (NASDAQ:LILAK) Director Brendan J. Paddick Buys 18,011 Shares

Liberty Latin America Ltd. (NASDAQ:LILAK) Director Brendan J. Paddick purchased 18,011 shares of Liberty Latin America stock in a transaction on Monday, December 23rd. The shares were acquired at an average cost of $6.12 per share, for a total transaction of $110,227.32. Following the purchase, the director now owns 1,437,518 shares in the company, valued at approximately $8,797,610.16. This trade represents a 1.27 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Liberty Latin America Price Performance

LILAK stock opened at $6.35 on Thursday. The company has a market cap of $1.25 billion, a PE ratio of -2.17 and a beta of 1.04. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 4.31. The stock has a 50-day moving average price of $7.70 and a two-hundred day moving average price of $8.86. Liberty Latin America Ltd. has a 12-month low of $5.95 and a 12-month high of $10.93.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on LILAK shares. Scotiabank dropped their target price on 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 cut their price objective on shares of Liberty Latin America from $10.50 to $7.50 and set a “neutral” rating on the stock in a report on Wednesday, December 4th.

Institutional Trading of Liberty Latin America

Institutional investors and hedge funds have recently bought and sold shares of the business. nVerses Capital LLC acquired a new stake in Liberty Latin America in the 3rd quarter valued at $55,000. Algert Global LLC purchased a new stake in shares of Liberty Latin America in the second quarter worth about $126,000. Quantinno Capital Management LP acquired a new stake in shares of Liberty Latin America in the third quarter valued at about $125,000. Verition Fund Management LLC purchased a new stake in shares of Liberty Latin America during the 3rd quarter valued at about $187,000. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Liberty Latin America during the 3rd quarter worth approximately $209,000. Institutional investors and hedge funds own 52.98% of the company’s stock.

Liberty Latin America Company Profile

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.