Why Traders Are Chasing Liberty Global plc (LBTYA), Gogo Inc. (GOGO)

Liberty Global PLC (NASDAQ:LBTYA) was downgraded by equities research analysts at ValuEngine from a "buy" rating to a "hold" rating in a note issued to investors on Tuesday, August 1st. George Kaiser Family Foundation's holdings in Liberty Global PLC were worth $519,000 at the end of the most recent reporting period.

Accern also gave news articles about the company an impact score of 45.7501696019446 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days. Finally, Dodge & Cox bought a new position in Liberty Global PLC during the fourth quarter worth about $493,918,000. Bluemountain Capital Management, LLC now controls 118,118 shares valued at $3,794,000. Commonwealth Bank of Australia increased its stake in Liberty Global PLC by 96.7% in the second quarter.

Swiss National Bank decreased its stake in Liberty Global Plc (LBTYA) by 8.97% based on its latest 2016Q4 regulatory filing with the SEC. Alken Asset Management Ltd. expanded its position by buying 843,592 shares an increase of 283.2% in the quarter. Highbridge Capital Management LLC increased its stake in Liberty Global PLC by 3,373.7% in the fourth quarter. Insiders have purchased 1,610,000 shares of company stock worth $37,412,081 in the last three months. The institutional investor held 174,464 shares of the energy company at the end of 2016Q4, valued at $17.64 million, down from 182,972 at the end of the previous reported quarter.

Sell-side analysts are expecting EPS growth of 5800.00% for Liberty Global plc (NASDAQ:LBTYA) for the year. Liberty Global Plc now has $19.60B valuation. The stock's 50 day moving average is $22.98 and its 200 day moving average is $22.59. 1,721,538 shares of the company's stock traded hands.

Among 13 analysts covering Liberty Global (NASDAQ:LBTYA), 10 have Buy rating, 0 Sell and 3 Hold. On July 11 the company was set at "Buy" by Redburn which was a boost from the previous " rating. The firm has a market cap of $33.03 billion, a P/E ratio of 36.16 and a beta of 1.59. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Societe Generale has "Buy" rating and $48 target. If you are accessing this news story on another site, it was copied illegally and republished in violation of United States & global copyright law. The original version of this story can be viewed at https://www.themarketsdaily.com/2017/08/11/liberty-global-plc-lbtya-director-purchases-2471644-26-in-stock-updated-updated-updated.html. Macquarie reaffirmed a "buy" rating and issued a $40.00 price target on shares of Liberty Global PLC in a research note on Monday, May 8th.

In other news, Director John C. Malone acquired 384,673 shares of Liberty Global PLC stock in a transaction that occurred on Friday, July 7th. The stock declined 1.05% or $0.7 reaching $66.23 per share. The stock was acquired at an average price of $24.83 per share, for a total transaction of $6,028,177.74. The disclosure for this purchase can be found here. Following the completion of the transaction, the director now owns 927,830 shares in the company, valued at approximately $23,038,018.90. The Company's tripleplay services are provided through networks and technology platforms that connect approximately 25 million customers subscribing to over 47 million television, broadband Internet and telephony services.

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