Liberty Global Ltd. (NASDAQ:LBTYK) Major Shareholder Nicholas V. Tompras Sells 57,000 Shares

Liberty Global Ltd. (NASDAQ:LBTYK) major shareholder Nicholas V. Tompras sold 57,000 shares of the business’s stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of $12.94, for a total value of $737,580.00. Following the completion of the sale, the insider now owns 16,153 shares of the company’s stock, valued at $209,019.82. The trade was a 77.92 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Liberty Global Trading Down 1.6 %

Shares of LBTYK stock opened at $11.42 on Tuesday. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.19. The business has a 50-day moving average of $12.79 and a 200 day moving average of $17.10. The stock has a market capitalization of $4.08 billion, a PE ratio of -1.13 and a beta of 1.19. Liberty Global Ltd. has a 1-year low of $11.25 and a 1-year high of $22.14.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Cibc World Markets Corp bought a new stake in shares of Liberty Global in the fourth quarter worth about $77,000. Picton Mahoney Asset Management bought a new position in shares of Liberty Global during the fourth quarter valued at approximately $558,000. Sequoia Financial Advisors LLC lifted its stake in Liberty Global by 17.6% in the fourth quarter. Sequoia Financial Advisors LLC now owns 406,644 shares of the company’s stock worth $5,343,000 after acquiring an additional 60,922 shares during the period. HighTower Advisors LLC boosted its holdings in Liberty Global by 7.4% in the fourth quarter. HighTower Advisors LLC now owns 43,609 shares of the company’s stock valued at $573,000 after acquiring an additional 3,002 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in Liberty Global by 17.3% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 63,910 shares of the company’s stock valued at $840,000 after purchasing an additional 9,434 shares during the period. Institutional investors own 46.10% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Liberty Global in a research note on Friday, January 17th. They issued a “hold” rating for the company.

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.