Posted by admin on May 25th, 2022

Liberty Global plc (NASDAQ:LBTYK – Get Rating) EVP Bryan H. Hall sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, May 23rd. The stock was sold at an average price of $24.21, for a total value of $484,200.00. Following the transaction, the executive vice president now owns 155,984 shares of the company’s stock, valued at $3,776,372.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of LBTYK traded up $0.89 on Wednesday, reaching $25.24. 2,077,702 shares of the stock traded hands, compared to its average volume of 2,355,543. The firm has a market cap of $13.20 billion, a price-to-earnings ratio of 1.09 and a beta of 1.16. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.43 and a quick ratio of 1.43. Liberty Global plc has a 12 month low of $21.83 and a 12 month high of $30.49. The stock’s 50-day moving average price is $25.08 and its 200-day moving average price is $26.57.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. increased its position in shares of Liberty Global by 4.9% during the first quarter. BlackRock Inc. now owns 14,445,805 shares of the company’s stock valued at $374,293,000 after purchasing an additional 675,496 shares during the period. Lyrical Asset Management LP increased its position in shares of Liberty Global by 1.5% during the first quarter. Lyrical Asset Management LP now owns 9,521,156 shares of the company’s stock valued at $246,693,000 after purchasing an additional 141,130 shares during the period. Naya Capital Management UK Ltd. increased its position in shares of Liberty Global by 2.9% during the third quarter. Naya Capital Management UK Ltd. now owns 8,613,024 shares of the company’s stock valued at $253,740,000 after purchasing an additional 240,408 shares during the period. ACR Alpine Capital Research LLC grew its position in Liberty Global by 14.8% in the first quarter. ACR Alpine Capital Research LLC now owns 7,410,849 shares of the company’s stock valued at $192,015,000 after acquiring an additional 955,216 shares during the period. Finally, MFN Partners Management LP grew its position in Liberty Global by 8.1% in the first quarter. MFN Partners Management LP now owns 6,706,460 shares of the company’s stock valued at $173,764,000 after acquiring an additional 500,000 shares during the period. Institutional investors and hedge funds own 54.11% of the company’s stock.

A number of research analysts have recently commented on LBTYK shares. StockNews.com upgraded Liberty Global from a “sell” rating to a “hold” rating in a report on Friday, May 20th. TheStreet lowered Liberty Global from a “b-” rating to a “c” rating in a report on Friday, May 6th.

Liberty Global Company Profile (Get Rating)

Liberty Global plc, 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 intelligent WiFi features; security; smart home, online storage solutions, and Web spaces; Connect Box, a set-top or Horizon box that delivers in-home Wi-Fi service; community Wi-Fi via routers in home, which provides access to the internet; and public Wi-Fi access points in train stations, hotels, bars, restaurants, and other public places.

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