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 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 transaction, the insider now owns 16,153 shares in the company, valued at $209,019.82. This represents a 77.92 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Liberty Global Stock Down 0.3 %

LBTYK stock opened at $11.35 on Thursday. Liberty Global Ltd. has a 52 week low of $11.25 and a 52 week high of $22.14. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80. The firm has a 50-day simple moving average of $12.66 and a 200-day simple moving average of $16.99. The stock has a market capitalization of $4.06 billion, a P/E ratio of -1.12 and a beta of 1.19.

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On Liberty Global

Several large investors have recently bought and sold shares of the company. Atlas Capital Advisors Inc. purchased a new position in shares of Liberty Global in the fourth quarter valued at approximately $145,000. Trexquant Investment LP raised its stake in Liberty Global by 276.2% in the 4th quarter. Trexquant Investment LP now owns 333,750 shares of the company’s stock valued at $4,385,000 after purchasing an additional 245,040 shares during the last quarter. California Public Employees Retirement System lifted its holdings in Liberty Global by 0.9% in the 4th quarter. California Public Employees Retirement System now owns 1,044,505 shares of the company’s stock valued at $13,725,000 after purchasing an additional 9,009 shares in the last quarter. Norges Bank acquired a new stake in Liberty Global during the 4th quarter worth $3,093,000. Finally, Aire Advisors LLC grew its holdings in shares of Liberty Global by 280.0% during the fourth quarter. Aire Advisors LLC now owns 57,000 shares of the company’s stock worth $749,000 after buying an additional 42,000 shares in the last quarter. 46.10% of the stock is currently owned by hedge funds and other institutional investors.

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.