Insider Buying: Liberty Latin America Ltd. (NASDAQ:LILA) Director Buys 35,475 Shares of Stock

Liberty Latin America Ltd. (NASDAQ:LILA) Director Brendan J. Paddick bought 35,475 shares of Liberty Latin America stock in a transaction dated Tuesday, November 26th. The stock was acquired at an average cost of $7.04 per share, with a total value of $249,744.00. Following the completion of the acquisition, the director now owns 1,273,443 shares of the company’s stock, valued at $8,965,038.72. This represents a 2.87 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Liberty Latin America Stock Performance

NASDAQ LILA opened at $6.96 on Monday. The company has a market capitalization of $1.37 billion, a PE ratio of -2.38 and a beta of 1.12. The company has a debt-to-equity ratio of 4.31, a quick ratio of 1.06 and a current ratio of 1.06. Liberty Latin America Ltd. has a 52-week low of $5.90 and a 52-week high of $10.81. The company has a 50-day simple moving average of $8.84 and a 200 day simple moving average of $9.15.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group cut Liberty Latin America from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 4th.

Institutional Investors Weigh In On Liberty Latin America

Several large investors have recently modified their holdings of the stock. Intech Investment Management LLC bought a new position in Liberty Latin America during the third quarter valued at $104,000. SG Americas Securities LLC bought a new position in shares of Liberty Latin America during the 3rd quarter worth $120,000. Ground Swell Capital LLC purchased a new stake in Liberty Latin America in the 2nd quarter worth about $122,000. Wilmington Savings Fund Society FSB bought a new stake in Liberty Latin America in the 3rd quarter valued at about $163,000. Finally, XTX Topco Ltd boosted its position in Liberty Latin America by 78.2% during the second quarter. XTX Topco Ltd now owns 20,614 shares of the company’s stock worth $198,000 after purchasing an additional 9,045 shares during the period. Hedge funds and other institutional investors own 18.48% of the company’s stock.

About Liberty Latin America

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.