5,800 Shares in Liberty Latin America Ltd. (NASDAQ:LILAK) Bought by nVerses Capital LLC

nVerses Capital LLC purchased a new stake in shares of Liberty Latin America Ltd. (NASDAQ:LILAK) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 5,800 shares of the company’s stock, valued at approximately $55,000.

Other large investors have also added to or reduced their stakes in the company. Headlands Technologies LLC bought a new position in shares of Liberty Latin America during the first quarter valued at approximately $41,000. Allspring Global Investments Holdings LLC purchased a new position in shares of Liberty Latin America during the first quarter valued at about $44,000. Hartline Investment Corp purchased a new stake in Liberty Latin America in the first quarter worth about $74,000. Paloma Partners Management Co bought a new stake in Liberty Latin America during the 1st quarter valued at approximately $75,000. Finally, Algert Global LLC purchased a new position in shares of Liberty Latin America during the 2nd quarter worth approximately $126,000. Institutional investors own 52.98% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on LILAK. StockNews.com lowered Liberty Latin America from a “buy” rating to a “hold” rating in a research report on Thursday, August 15th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $10.50 price target (up from $9.30) on shares of Liberty Latin America in a research note on Wednesday, September 4th. Finally, Pivotal Research dropped their price objective on shares of Liberty Latin America from $18.00 to $15.00 and set a “buy” rating on the stock in a research note on Monday, August 12th.

Insider Activity

In other Liberty Latin America news, CAO Brian D. Zook sold 26,197 shares of Liberty Latin America stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $9.58, for a total value of $250,967.26. Following the sale, the chief accounting officer now owns 28,788 shares of the company’s stock, valued at $275,789.04. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 9.66% of the company’s stock.

Liberty Latin America Stock Performance

NASDAQ LILAK opened at $9.61 on Tuesday. The business’s fifty day moving average is $9.52 and its 200 day moving average is $9.05. Liberty Latin America Ltd. has a fifty-two week low of $5.95 and a fifty-two week high of $10.93. The company has a market capitalization of $1.90 billion, a PE ratio of -320.33 and a beta of 1.13.

Liberty Latin America (NASDAQ:LILAK) last issued its quarterly earnings results on Tuesday, August 6th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.14). The business had revenue of $1.12 billion during the quarter.

Liberty Latin America Profile

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.