Liberty Global plc – Class A (NASDAQ:LBTYA) Director Richard R. Green sold 43,275 shares of the company’s stock in a transaction dated Thursday, December 21st. The stock was sold at an average price of $33.31, for a total value of $1,441,490.25. Following the completion of the transaction, the director now owns 17,002 shares of the company’s stock, valued at $566,336.62. The transaction was disclosed in a filing with the SEC, which is available at this link.

Shares of Liberty Global plc – Class A (LBTYA) opened at $35.52 on Monday. Liberty Global plc – Class A has a fifty-two week low of $28.17 and a fifty-two week high of $37.69. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.47 and a quick ratio of 0.47. The firm has a market capitalization of $27,995.63, a P/E ratio of 43.32 and a beta of 1.61.

Liberty Global plc – Class A announced that its board has authorized a stock repurchase program on Monday, December 18th that allows the company to repurchase $2.00 billion in shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Standard Life Investments LTD purchased a new stake in Liberty Global plc – Class A in the 2nd quarter worth approximately $105,000. D.A. Davidson & CO. raised its position in shares of Liberty Global plc – Class A by 69.6% in the 2nd quarter. D.A. Davidson & CO. now owns 3,348 shares of the company’s stock worth $107,000 after acquiring an additional 1,374 shares in the last quarter. Americafirst Capital Management LLC bought a new position in shares of Liberty Global plc – Class A in the 3rd quarter worth approximately $108,000. Commonwealth Bank of Australia raised its position in shares of Liberty Global plc – Class A by 96.7% in the 2nd quarter. Commonwealth Bank of Australia now owns 4,712 shares of the company’s stock worth $150,000 after acquiring an additional 2,316 shares in the last quarter. Finally, Jacobi Capital Management LLC raised its position in shares of Liberty Global plc – Class A by 1.1% in the 2nd quarter. Jacobi Capital Management LLC now owns 5,093 shares of the company’s stock worth $162,000 after acquiring an additional 57 shares in the last quarter. Institutional investors and hedge funds own 22.00% of the company’s stock.

LBTYA has been the subject of several analyst reports. BidaskClub upgraded Liberty Global plc – Class A from a “hold” rating to a “buy” rating in a report on Wednesday, December 20th. Pivotal Research restated a “buy” rating and set a $44.00 target price on shares of Liberty Global plc – Class A in a report on Tuesday, December 19th. Citigroup dropped their target price on Liberty Global plc – Class A from $40.00 to $37.00 and set a “buy” rating for the company in a report on Friday, November 24th. Zacks Investment Research upgraded Liberty Global plc – Class A from a “hold” rating to a “buy” rating and set a $35.00 target price for the company in a report on Tuesday, October 31st. Finally, Jefferies Group set a $42.00 target price on Liberty Global plc – Class A and gave the company a “buy” rating in a report on Monday, October 30th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $39.41.

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Liberty Global plc – Class A 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.

Insider Buying and Selling by Quarter for Liberty Global plc - Class A (NASDAQ:LBTYA)

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