Rep. Thomas H. Kean, Jr. Shares of Liberty Global Ltd. (NASDAQ:LBTYK)

Representative Thomas H. Kean, Jr. (R-New Jersey) recently bought shares of Liberty Global Ltd. (NASDAQ:LBTYK). In a filing disclosed on December 16th, the Representative disclosed that they had bought between $15,001 and $50,000 in Liberty Global stock on November 13th. The trade occurred in the Representative’s “STATE STREET BANK & TRUST CO.” account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Pernod Ricard (OTCMKTS:PDRDF) on 11/4/2024.
• Purchased $1,001 – $15,000 in shares of Fortive (NYSE:FTV) on 11/4/2024.

Liberty Global Stock Down 1.4 %

Shares of NASDAQ:LBTYK opened at $12.95 on Thursday. Liberty Global Ltd. has a 1 year low of $11.25 and a 1 year high of $22.14. 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 stock’s 50-day moving average is $17.08 and its 200 day moving average is $18.64. The company has a market cap of $4.63 billion, a PE ratio of -1.28 and a beta of 1.20.

Institutional Investors Weigh In On Liberty Global

Large investors have recently modified their holdings of the stock. Franklin Resources Inc. lifted its holdings in Liberty Global by 1,092.4% in the third quarter. Franklin Resources Inc. now owns 88,547 shares of the company’s stock worth $1,874,000 after buying an additional 81,121 shares during the period. Wilmington Savings Fund Society FSB bought a new position in shares of Liberty Global in the 3rd quarter worth approximately $15,636,000. Virtu Financial LLC purchased a new position in shares of Liberty Global in the 3rd quarter valued at approximately $1,551,000. Public Employees Retirement System of Ohio bought a new stake in shares of Liberty Global during the third quarter valued at approximately $1,257,000. Finally, XTX Topco Ltd bought a new position in Liberty Global in the third quarter worth $405,000. Institutional investors own 46.10% of the company’s stock.

Insider Buying and Selling at Liberty Global

In other Liberty Global news, CFO Charles H. R. Bracken sold 84,103 shares of Liberty Global stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the completion of the transaction, the chief financial officer now owns 53,312 shares in the company, valued at approximately $776,222.72. The trade was a 61.20 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 9.86% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on Liberty Global in a report on Thursday, November 14th. They set a “hold” rating for the company.

About Representative Kean, Jr.

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey’s 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2025. Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey’s 7th Congressional District. He declared candidacy for the 2024 election. Kean has served as state Senate minority leader. He was a member of the New Jersey General Assembly from 2001 to 2003. Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

Liberty Global Company 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.