Liberty Global (NASDAQ:LBTYK) Reaches New 1-Year Low – Should You Sell?

Liberty Global Ltd. (NASDAQ:LBTYK) shares hit a new 52-week low during trading on Thursday . The company traded as low as $11.22 and last traded at $11.29, with a volume of 550736 shares changing hands. The stock had previously closed at $11.35.

Wall Street Analyst Weigh In

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

Liberty Global Price Performance

The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80. The company has a 50 day moving average of $12.48 and a 200-day moving average of $16.85. The firm has a market capitalization of $4.04 billion, a P/E ratio of -1.11 and a beta of 1.19.

Insider Activity

In other Liberty Global news, CFO Charles H. R. Bracken sold 84,103 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the transaction, the chief financial officer now owns 53,312 shares in the company, valued at $776,222.72. This trade represents a 61.20 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Nicholas V. Tompras sold 57,000 shares of the company’s stock in a transaction on Friday, December 27th. The shares were sold at an average price of $12.94, for a total value of $737,580.00. Following the sale, the insider now owns 16,153 shares of the company’s stock, valued at approximately $209,019.82. The trade was a 77.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 9.86% of the stock is currently owned by company insiders.

Institutional Trading of Liberty Global

A number of institutional investors and hedge funds have recently made changes to their positions in LBTYK. Deseret Mutual Benefit Administrators lifted its holdings in shares of Liberty Global by 22.5% in the third quarter. Deseret Mutual Benefit Administrators now owns 3,152 shares of the company’s stock worth $68,000 after acquiring an additional 578 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Liberty Global by 1.0% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 62,718 shares of the company’s stock valued at $1,355,000 after purchasing an additional 607 shares during the last quarter. US Bancorp DE grew its stake in shares of Liberty Global by 40.3% during the fourth quarter. US Bancorp DE now owns 3,032 shares of the company’s stock worth $40,000 after buying an additional 871 shares during the last quarter. Voya Investment Management LLC increased its holdings in shares of Liberty Global by 5.4% during the fourth quarter. Voya Investment Management LLC now owns 27,397 shares of the company’s stock worth $360,000 after buying an additional 1,413 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its stake in shares of Liberty Global by 25.1% in the 4th quarter. Tower Research Capital LLC TRC now owns 8,465 shares of the company’s stock valued at $111,000 after acquiring an additional 1,699 shares during the last quarter. Institutional investors own 46.10% of the company’s stock.

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.