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

Liberty Latin America Ltd. (NASDAQ:LILAGet Free Report) 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.

Read Our Latest Analysis on Liberty Latin America

About Liberty Latin America

(Get Free Report)

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.

Featured Articles

Insider Buying and Selling by Quarter for Liberty Latin America (NASDAQ:LILA)

Receive News & Ratings for Liberty Latin America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Latin America and related companies with MarketBeat.com's FREE daily email newsletter.