Liberty Latin America Ltd. (NASDAQ:LILA) Director Buys $110,227.32 in Stock

Liberty Latin America Ltd. (NASDAQ:LILA) Director Brendan J. Paddick bought 18,011 shares of the firm’s stock in a transaction on Monday, December 23rd. The stock was acquired at an average cost of $6.12 per share, with a total value of $110,227.32. Following the completion of the transaction, the director now directly owns 1,437,518 shares of the company’s stock, valued at approximately $8,797,610.16. This represents a 1.27 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Liberty Latin America Price Performance

Shares of NASDAQ:LILA opened at $6.39 on Thursday. The firm has a market capitalization of $1.26 billion, a PE ratio of -2.18 and a beta of 1.04. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 4.31. Liberty Latin America Ltd. has a 1-year low of $5.90 and a 1-year high of $10.81. The business’s 50 day moving average is $7.85 and its 200-day moving average is $8.90.

Institutional Investors Weigh In On Liberty Latin America

A number of institutional investors have recently bought and sold shares of the business. Intech Investment Management LLC acquired a new position in shares of Liberty Latin America in the 3rd quarter valued at $104,000. SG Americas Securities LLC bought a new stake in Liberty Latin America in the third quarter valued at about $120,000. Ground Swell Capital LLC acquired a new position in Liberty Latin America in the second quarter worth about $122,000. Wilmington Savings Fund Society FSB bought a new position in Liberty Latin America during the third quarter worth about $163,000. Finally, XTX Topco Ltd boosted its holdings in Liberty Latin America by 78.2% during the second quarter. XTX Topco Ltd now owns 20,614 shares of the company’s stock valued at $198,000 after purchasing an additional 9,045 shares in the last quarter. Institutional investors and hedge funds own 18.48% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group lowered shares of 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.