A Director at Liberty Global A (NASDAQ: LBTYA) is Buying Shares

By Carrie Williams

Today, a Director at Liberty Global A (NASDAQ: LBTYA), David Wargo, bought shares of LBTYA for $530.1K.

This recent transaction increases David Wargo’s holding in the company by 657425% to a total of $1.55 million. In addition to David Wargo, 2 other LBTYA executives reported Buy trades in the last month.

Based on Liberty Global A’s latest earnings report from December 31, the company posted quarterly revenue of $4.6B and GAAP net loss of $283.6M. In comparison, last year the company earned revenue of $4.6B and had a net profit of $133.3M. The company has a one year high of $41.15 and a one year low of $26.16. Currently, Liberty Global A has an average volume of 3.53M.

14 different firms, including Barclays and Credit Suisse, currently also have a Buy rating on the stock. Starting in January 2016, LBTYA received 12 Buy ratings in a row. Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $40.67, reflecting a -18.5% downside.

The insider sentiment on Liberty Global A has been negative according to 56 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Liberty Global Plc is an international cable company that provides cable television and internet services. It connects people to the digital world and enables them to discover and experience its endless possibilities. The company’s television, broadband internet, and telephony services are provided through next-generation networks and innovative technology platforms that connect customers who subscribe to services. Its consumer brands include Virgin Media, Ziggo, UPC, Unitymedia, Telenet, and VTR. The company was founded on June 7, 2013 and is headquartered in London, the United Kingdom.