Liberty Global PLC (NASDAQ:LBTYA) Director John C. Malone acquired 242,778 shares of Liberty Global PLC stock in a transaction on Wednesday, July 12th. The stock was purchased at an average cost of $24.83 per share, for a total transaction of $6,028,177.74. Following the purchase, the director now owns 927,830 shares in the company, valued at $23,038,018.90. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Liberty Global PLC (NASDAQ LBTYA) opened at 32.51 on Friday. The stock has a market cap of $33.47 billion, a PE ratio of 19.55 and a beta of 1.66. Liberty Global PLC has a one year low of $28.12 and a one year high of $37.69. The stock has a 50 day moving average price of $30.15 and a 200-day moving average price of $33.41.
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A number of analysts have issued reports on the company. Redburn Partners raised Liberty Global PLC to a “buy” rating in a research note on Tuesday. ValuEngine raised Liberty Global PLC from a “hold” rating to a “buy” rating in a research note on Thursday, July 6th. BidaskClub raised Liberty Global PLC from a “sell” rating to a “hold” rating in a research note on Monday, July 3rd. Macquarie reaffirmed a “buy” rating and issued a $36.00 price objective (down previously from $40.00) on shares of Liberty Global PLC in a research note on Wednesday, June 21st. Finally, Zacks Investment Research raised Liberty Global PLC from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a research note on Tuesday, June 20th. Three equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $40.75.
A number of large investors have recently bought and sold shares of the company. MAI Capital Management boosted its stake in Liberty Global PLC by 0.7% in the first quarter. MAI Capital Management now owns 9,255 shares of the company’s stock valued at $332,000 after buying an additional 60 shares during the period. Searle & CO. acquired a new stake in Liberty Global PLC during the first quarter valued at about $620,000. Daiwa Securities Group Inc. boosted its stake in Liberty Global PLC by 11.3% in the first quarter. Daiwa Securities Group Inc. now owns 6,903 shares of the company’s stock valued at $248,000 after buying an additional 700 shares during the period. Janus Capital Management LLC boosted its stake in Liberty Global PLC by 0.7% in the fourth quarter. Janus Capital Management LLC now owns 125,378 shares of the company’s stock valued at $3,835,000 after buying an additional 856 shares during the period. Finally, US Bancorp DE boosted its stake in Liberty Global PLC by 9.4% in the first quarter. US Bancorp DE now owns 10,262 shares of the company’s stock valued at $368,000 after buying an additional 882 shares during the period. 23.58% of the stock is owned by institutional investors.
Liberty Global PLC Company Profile
Liberty Global PLC, formerly Liberty Global, Inc, is an international cable company with operations in 14 countries. The Company’s tripleplay services are provided through networks and technology platforms that connect approximately 25 million customers subscribing to over 47 million television, broadband Internet and telephony services.
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