Liberty Latin America Ltd. (NASDAQ:LILA - Get Free Report) Director Brendan J. Paddick acquired 5,053 shares of the firm's stock in a transaction dated Friday, November 29th. The stock was bought at an average cost of $6.93 per share, for a total transaction of $35,017.29. Following the purchase, the director now directly owns 1,343,021 shares of the company's stock, valued at approximately $9,307,135.53. This trade represents a 0.38 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Liberty Latin America Price Performance
Shares of Liberty Latin America stock opened at $6.96 on Friday. The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of -2.38 and a beta of 1.12. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 4.31. The stock's 50-day simple moving average is $8.84 and its 200-day simple moving average is $9.14. Liberty Latin America Ltd. has a 52 week low of $5.90 and a 52 week high of $10.81.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group cut shares of Liberty Latin America from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, September 4th.
Could This Tiny Device Help You Make an Extra $30k a Year?
From Brownstone Research | Ad
I believe it’s going to power Elon Musk’s next AI revolution…
A revolution he believes will be worth more than $9 trillion.
That’s nearly 10 times more money than the market caps of Tesla… SpaceX… PayPal… Neuralink… and X… COMBINED.
Click here to see the details because I believe a lot of people will get rich.
View Our Latest Report on Liberty Latin America
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the business. Sanctuary Advisors LLC bought a new stake in shares of Liberty Latin America during the second quarter valued at approximately $608,000. State of New Jersey Common Pension Fund D bought a new stake in Liberty Latin America in the 2nd quarter valued at $2,073,000. Banco Santander S.A. purchased a new stake in Liberty Latin America in the 2nd quarter worth $5,203,000. DekaBank Deutsche Girozentrale lifted its stake in Liberty Latin America by 304.6% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 21,539 shares of the company's stock worth $149,000 after purchasing an additional 16,215 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in shares of Liberty Latin America by 7.4% during the 2nd quarter. Principal Financial Group Inc. now owns 22,129 shares of the company's stock valued at $213,000 after purchasing an additional 1,523 shares during the last quarter. 18.48% of the stock is owned by hedge funds and other institutional investors.
Liberty Latin America Company Profile
(
Get Free Report)
Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. The company operates through C&W Caribbean, C&W Panama, Liberty Networks, Liberty Puerto Rico, and Liberty Costa Rico segments. It offers communications and entertainment services, including video, broadband internet, fixed-line, telephony, and mobiles 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.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
