Liberty Latin America Ltd. (NASDAQ:LILA - Get Free Report) Director Brendan J. Paddick acquired 31,989 shares of the stock in a transaction on Thursday, December 19th. The stock was acquired at an average cost of $6.20 per share, for a total transaction of $198,331.80. Following the acquisition, the director now directly owns 1,419,507 shares in the company, valued at $8,800,943.40. This represents a 2.31 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Liberty Latin America stock traded down $0.10 during mid-day trading on Monday, reaching $6.16. The company had a trading volume of 602,903 shares, compared to its average volume of 370,077. The stock's 50-day simple moving average is $7.98 and its 200-day simple moving average is $8.94. Liberty Latin America Ltd. has a 1 year low of $5.90 and a 1 year high of $10.81. The company has a debt-to-equity ratio of 4.31, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market capitalization of $1.21 billion, a P/E ratio of -2.10 and a beta of 1.04.
A number of institutional investors and hedge funds have recently modified their holdings of the company. Intech Investment Management LLC purchased a new stake in Liberty Latin America during the third quarter worth $104,000. SG Americas Securities LLC acquired 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 shares of Liberty Latin America in the 2nd quarter worth about $122,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Liberty Latin America in the 3rd quarter worth about $163,000. Finally, XTX Topco Ltd grew its stake in Liberty Latin America by 78.2% in the 2nd quarter. XTX Topco Ltd now owns 20,614 shares of the company's stock valued at $198,000 after acquiring an additional 9,045 shares during the last quarter. Institutional investors and hedge funds own 18.48% of the company's stock.
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.
Get Our Latest Stock Analysis on 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.
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