ABC Arbitrage SA Acquires New Shares in Liberty Global Ltd. (NASDAQ:LBTYK)

ABC Arbitrage SA acquired a new stake in Liberty Global Ltd. (NASDAQ:LBTYK) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 137,192 shares of the company’s stock, valued at approximately $1,803,000.

Other large investors have also bought and sold shares of the company. R Squared Ltd acquired a new position in shares of Liberty Global in the fourth quarter worth approximately $28,000. US Bancorp DE lifted its stake in shares of Liberty Global by 124.9% in the third quarter. US Bancorp DE now owns 2,161 shares of the company’s stock worth $47,000 after acquiring an additional 1,200 shares during the period. Deseret Mutual Benefit Administrators lifted its stake 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 period. MassMutual Private Wealth & Trust FSB acquired a new position in shares of Liberty Global in the fourth quarter worth approximately $66,000. Finally, CWM LLC lifted its stake in shares of Liberty Global by 1,159.4% in the third quarter. CWM LLC now owns 6,272 shares of the company’s stock worth $136,000 after acquiring an additional 5,774 shares during the period. 46.10% of the stock is owned by institutional investors and hedge funds.

Liberty Global Trading Up 0.3 %

NASDAQ LBTYK opened at $11.31 on Friday. Liberty Global Ltd. has a 52 week low of $11.21 and a 52 week high of $22.14. The business has a 50 day moving average price of $12.54 and a 200-day moving average price of $16.91. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19.

Insider Activity

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

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on Liberty Global in a report on Friday, January 17th. They issued a “hold” rating for the company.

Liberty Global 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.