Virtu Financial LLC Buys Shares of 71,793 Liberty Global Ltd. (NASDAQ:LBTYK)

Virtu Financial LLC purchased a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYK) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 71,793 shares of the company’s stock, valued at approximately $1,551,000.

Several other institutional investors also recently modified their holdings of LBTYK. Deseret Mutual Benefit Administrators raised its holdings in Liberty Global by 41.4% in the 2nd quarter. Deseret Mutual Benefit Administrators now owns 2,574 shares of the company’s stock valued at $46,000 after buying an additional 754 shares during the last quarter. US Bancorp DE raised its stake in shares of Liberty Global by 124.9% during the third quarter. US Bancorp DE now owns 2,161 shares of the company’s stock valued at $47,000 after acquiring an additional 1,200 shares during the last quarter. Rothschild Investment LLC acquired a new position in shares of Liberty Global during the second quarter worth $71,000. Point72 Asset Management L.P. bought a new stake in shares of Liberty Global in the second quarter worth $109,000. Finally, CWM LLC increased its holdings in Liberty Global by 1,159.4% in the third quarter. CWM LLC now owns 6,272 shares of the company’s stock valued at $136,000 after purchasing an additional 5,774 shares during the period. 46.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on Liberty Global in a report on Thursday, November 14th. They issued a “hold” rating on the stock.

Liberty Global Stock Up 1.3 %

Shares of NASDAQ LBTYK opened at $13.89 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.19. The company’s fifty day simple moving average is $17.89 and its 200 day simple moving average is $18.75. Liberty Global Ltd. has a 12-month low of $11.25 and a 12-month high of $22.14.

Insider Activity

In related news, CFO Charles H. R. Bracken sold 84,103 shares of the company’s stock in a transaction dated 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 sale, the chief financial officer now owns 53,312 shares in the company, valued at $776,222.72. This represents a 61.20 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 9.86% of the company’s stock.

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.