Insider Buying: Liberty Latin America Ltd. (NASDAQ:LILA) Director Buys 31,514 Shares of Stock

Liberty Latin America Ltd. (NASDAQ:LILA) Director Brendan J. Paddick purchased 31,514 shares of the company’s stock in a transaction dated Wednesday, December 4th. The shares were bought at an average price of $6.71 per share, for a total transaction of $211,458.94. Following the completion of the transaction, the director now directly owns 1,940,094 shares in the company, valued at approximately $13,018,030.74. This trade represents a 1.65 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Liberty Latin America Stock Up 0.1 %

LILA opened at $6.85 on Friday. Liberty Latin America Ltd. has a 12 month low of $5.90 and a 12 month 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 stock has a market cap of $1.35 billion, a P/E ratio of -2.34 and a beta of 1.04. The stock’s 50 day moving average price is $8.63 and its 200 day moving average price is $9.10.

Institutional Trading of Liberty Latin America

Several large investors have recently added to or reduced their stakes in the business. Intech Investment Management LLC bought a new stake in shares of Liberty Latin America in the 3rd quarter worth $104,000. SG Americas Securities LLC bought a new stake in shares of Liberty Latin America in the 3rd quarter worth $120,000. Ground Swell Capital LLC bought a new stake in shares of Liberty Latin America in the 2nd quarter worth $122,000. DekaBank Deutsche Girozentrale raised its stake in shares of Liberty Latin America by 304.6% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 21,539 shares of the company’s stock worth $149,000 after buying an additional 16,215 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Liberty Latin America in the 3rd quarter worth $163,000. 18.48% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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.

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.