JPMorgan Chase & Co. cut its holdings in Liberty Latin America Ltd. (NASDAQ:LILA – Free Report) by 97.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 306,501 shares of the company’s stock after selling 9,821,348 shares during the period. JPMorgan Chase & Co.’s holdings in Liberty Latin America were worth $2,937,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in the business. American Century Companies Inc. lifted its holdings in shares of Liberty Latin America by 13.6% in the second quarter. American Century Companies Inc. now owns 46,033 shares of the company’s stock valued at $442,000 after purchasing an additional 5,499 shares in the last quarter. XTX Topco Ltd lifted 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 buying an additional 9,045 shares in the last quarter. Mackenzie Financial Corp grew its holdings in Liberty Latin America by 0.9% during the 2nd quarter. Mackenzie Financial Corp now owns 230,571 shares of the company’s stock valued at $2,216,000 after buying an additional 2,007 shares during the last quarter. Truist Financial Corp purchased a new position in Liberty Latin America during the second quarter worth $373,000. Finally, Sanctuary Advisors LLC acquired a new position in shares of Liberty Latin America in the second quarter worth $608,000. 18.48% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Liberty Latin America
In other news, Director Brendan J. Paddick bought 18,011 shares of the stock in a transaction on Monday, December 23rd. The stock was purchased at an average cost of $6.12 per share, with a total value of $110,227.32. Following the purchase, the director now owns 1,437,518 shares of the company’s stock, valued at approximately $8,797,610.16. The trade was a 1.27 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. In the last quarter, insiders bought 156,298 shares of company stock valued at $1,043,886. 11.35% of the stock is owned by insiders.
Liberty Latin America Stock Up 1.2 %
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.
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