Investors Buy Large Volume of Liberty Global Call Options (LBTYA)

Liberty Global PLC (NASDAQ:LBTYA) saw some unusual options trading activity on Tuesday. Stock investors bought 12,619 call options on the stock. This represents an increase of approximately 1,554% compared to the typical volume of 763 call options.

A number of research firms have issued reports on LBTYA. BidaskClub upgraded Liberty Global from a “sell” rating to a “hold” rating in a report on Tuesday, November 27th. Zacks Investment Research cut Liberty Global from a “hold” rating to a “sell” rating in a report on Tuesday, November 27th. Barclays reiterated a “buy” rating on shares of Liberty Global in a report on Thursday, December 20th. ValuEngine cut Liberty Global from a “hold” rating to a “sell” rating in a report on Wednesday, January 2nd. Finally, HSBC set a $32.00 target price on Liberty Global and gave the stock a “buy” rating in a report on Tuesday, January 29th. Three research analysts have rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $34.44.

Liberty Global stock opened at $26.17 on Wednesday. Liberty Global has a one year low of $19.88 and a one year high of $33.50. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 6.31.

In related news, EVP Bryan H. Hall sold 3,744 shares of the company’s stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of $26.11, for a total value of $97,755.84. Following the completion of the sale, the executive vice president now owns 72,005 shares in the company, valued at approximately $1,880,050.55. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 5.93% of the company’s stock.

Institutional investors have recently bought and sold shares of the company. Princeton Global Asset Management LLC acquired a new position in shares of Liberty Global during the 4th quarter worth about $26,000. Kinneret Advisory LLC acquired a new position in shares of Liberty Global during the 4th quarter worth about $84,000. QS Investors LLC boosted its stake in shares of Liberty Global by 21.1% during the 4th quarter. QS Investors LLC now owns 4,015 shares of the company’s stock worth $86,000 after buying an additional 700 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Liberty Global by 75.2% during the 3rd quarter. Tower Research Capital LLC TRC now owns 7,763 shares of the company’s stock worth $225,000 after buying an additional 3,331 shares during the last quarter. Finally, Nordea Investment Management AB acquired a new position in shares of Liberty Global during the 3rd quarter worth about $270,000. Institutional investors own 22.29% of the company’s stock.

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Liberty Global Company Profile

Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses in Europe. It offers video services, including digital video programming and audio services starting with a basic video service, video-on-demand, electronic programming guide, various premium channel packages, digital video recorders, various mobile applications, and set-top boxes.

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