Liberty Latin America Ltd (NASDAQ:LILA)’s stock price rose 5.3% on Wednesday . The company traded as high as $18.56 and last traded at $18.51, approximately 253,200 shares changed hands during trading. A decline of 13% from the average daily volume of 290,671 shares. The stock had previously closed at $17.58.

Several equities analysts have issued reports on the stock. Zacks Investment Research raised shares of Liberty Latin America from a “sell” rating to a “hold” rating in a report on Wednesday, August 7th. ValuEngine cut shares of Liberty Latin America from a “buy” rating to a “hold” rating in a research note on Wednesday, September 4th. TheStreet cut shares of Liberty Latin America from a “c” rating to a “d+” rating in a research note on Tuesday, August 6th. BidaskClub upgraded shares of Liberty Latin America from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 8th. Finally, Benchmark began coverage on shares of Liberty Latin America in a research note on Thursday, July 25th. They issued a “buy” rating and a $26.00 price target on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. Liberty Latin America currently has a consensus rating of “Hold” and an average target price of $25.00.

The firm has a market cap of $3.16 billion, a PE ratio of -9.30 and a beta of 1.80. The firm has a 50-day moving average price of $16.29 and a two-hundred day moving average price of $18.25.

In other Liberty Latin America news, insider Balan Nair bought 14,500 shares of Liberty Latin America stock in a transaction dated Thursday, June 27th. The stock was acquired at an average cost of $17.22 per share, for a total transaction of $249,690.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Eric Louis Zinterhofer bought 81,407 shares of Liberty Latin America stock in a transaction dated Thursday, August 29th. The stock was acquired at an average price of $16.02 per share, with a total value of $1,304,140.14. The disclosure for this purchase can be found here. Insiders bought 1,325,597 shares of company stock worth $22,964,005 over the last ninety days. Corporate insiders own 13.82% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Meeder Asset Management Inc. lifted its stake in Liberty Latin America by 480.7% in the 2nd quarter. Meeder Asset Management Inc. now owns 3,287 shares of the company’s stock worth $57,000 after purchasing an additional 2,721 shares in the last quarter. Bank of Montreal Can grew its position in shares of Liberty Latin America by 298.5% in the second quarter. Bank of Montreal Can now owns 5,145 shares of the company’s stock valued at $88,000 after purchasing an additional 3,854 shares in the last quarter. BNP Paribas Arbitrage SA grew its position in shares of Liberty Latin America by 247.4% in the first quarter. BNP Paribas Arbitrage SA now owns 10,349 shares of the company’s stock valued at $200,000 after purchasing an additional 7,370 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. purchased a new stake in shares of Liberty Latin America in the first quarter valued at approximately $217,000. Finally, Atria Investments LLC acquired a new stake in shares of Liberty Latin America in the second quarter valued at approximately $217,000. 18.89% of the stock is owned by institutional investors.

About Liberty Latin America (NASDAQ:LILA)

Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. It offers communications and entertainment services, including video, broadband Internet, fixed-line telephony, and mobile services to residential and business customers; and business products and services that include enterprise-grade connectivity, data center, hosting, and managed solutions, as well as information technology solutions for small and medium enterprises, international companies, and governmental agencies.

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