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 $15,001 and $50,000 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

NASDAQ LBTYK opened at $13.14 on Wednesday. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.19. Liberty Global Ltd. has a 1-year low of $11.25 and a 1-year high of $22.14. The business’s 50-day simple moving average is $17.25 and its 200-day simple moving average is $18.68. The firm has a market capitalization of $4.70 billion, a P/E ratio of -1.29 and a beta of 1.20.

Insider Buying and Selling

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 transaction of $1,224,539.68. Following the completion of the transaction, the chief financial officer now directly 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 this hyperlink. 9.86% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on Liberty Global in a research report on Thursday, November 14th. They issued a “hold” rating on the stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP lifted its position in shares of Liberty Global by 151.6% during the second quarter. Dimensional Fund Advisors LP now owns 3,684,221 shares of the company’s stock worth $65,766,000 after purchasing an additional 2,219,823 shares during the last quarter. Rubric Capital Management LP lifted its holdings in Liberty Global by 85.4% during the 2nd quarter. Rubric Capital Management LP now owns 3,511,004 shares of the company’s stock worth $62,671,000 after buying an additional 1,617,711 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Liberty Global in the 3rd quarter worth approximately $15,636,000. Oppenheimer Asset Management Inc. increased its holdings in shares of Liberty Global by 18.0% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 2,930,166 shares of the company’s stock valued at $52,303,000 after acquiring an additional 447,135 shares during the last quarter. Finally, Long Focus Capital Management LLC raised its position in shares of Liberty Global by 39.7% during the 2nd quarter. Long Focus Capital Management LLC now owns 1,442,000 shares of the company’s stock valued at $25,740,000 after acquiring an additional 410,000 shares in the last quarter. Hedge funds and other institutional investors own 46.10% of the company’s 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.

About Liberty Global

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.