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 $1,001 and $15,000 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 Performance

Shares of LBTYK stock opened at $12.95 on Thursday. The stock has a 50-day moving average of $17.08 and a 200-day moving average of $18.64. Liberty Global Ltd. has a one year low of $11.25 and a one year high of $22.14. The stock has a market cap of $4.63 billion, a PE ratio of -1.28 and a beta of 1.20. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.19.

Insiders Place Their Bets

In other Liberty Global news, CFO Charles H. R. Bracken sold 84,103 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $14.56, for a total value of $1,224,539.68. Following the completion of the sale, the chief financial officer now owns 53,312 shares of the company’s stock, valued at $776,222.72. The trade was a 61.20 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 9.86% of the company’s stock.

Institutional Investors Weigh In On Liberty Global

Hedge funds have recently bought and sold shares of the company. Franklin Resources Inc. lifted its holdings in Liberty Global by 1,092.4% during the 3rd quarter. Franklin Resources Inc. now owns 88,547 shares of the company’s stock valued at $1,874,000 after purchasing an additional 81,121 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Liberty Global during the 3rd quarter worth about $15,636,000. Virtu Financial LLC bought a new stake in shares of Liberty Global during the 3rd quarter worth about $1,551,000. Public Employees Retirement System of Ohio acquired a new position in Liberty Global in the 3rd quarter valued at about $1,257,000. Finally, XTX Topco Ltd bought a new position in Liberty Global in the 3rd quarter valued at about $405,000. 46.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of Liberty Global in a report on Thursday, November 14th. They set a “hold” rating on the stock.

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.