Liberty Latin America Ltd. (NASDAQ:LILA) Director Acquires $334,000.00 in Stock

Liberty Latin America Ltd. (NASDAQ:LILA) Director Paul A. Gould purchased 50,000 shares of the business’s stock in a transaction on Friday, March 22nd. The stock was purchased at an average price of $6.68 per share, for a total transaction of $334,000.00. Following the acquisition, the director now owns 334,818 shares of the company’s stock, valued at approximately $2,236,584.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Liberty Latin America Price Performance

NASDAQ:LILA traded down $0.10 during trading hours on Friday, hitting $6.64. 591,277 shares of the company’s stock traded hands, compared to its average volume of 389,789. Liberty Latin America Ltd. has a 52 week low of $5.90 and a 52 week high of $9.85. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 3.29. The business’s fifty day simple moving average is $6.67 and its two-hundred day simple moving average is $7.12. The firm has a market cap of $1.36 billion, a P/E ratio of -25.54 and a beta of 1.17.

Liberty Latin America (NASDAQ:LILA) last announced its quarterly earnings results on Thursday, February 22nd. The company reported ($0.49) earnings per share (EPS) for the quarter. Liberty Latin America had a negative net margin of 1.21% and a negative return on equity of 2.26%. The business had revenue of $1.16 billion for the quarter, compared to analysts’ expectations of $1.17 billion. On average, research analysts anticipate that Liberty Latin America Ltd. will post -0.64 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Liberty Latin America

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Swiss National Bank lifted its holdings in shares of Liberty Latin America by 4.0% during the 1st quarter. Swiss National Bank now owns 105,500 shares of the company’s stock valued at $1,023,000 after buying an additional 4,100 shares during the period. JPMorgan Chase & Co. increased its stake in Liberty Latin America by 24.4% in the 1st quarter. JPMorgan Chase & Co. now owns 651,770 shares of the company’s stock worth $6,321,000 after buying an additional 127,768 shares in the last quarter. Raymond James & Associates increased its stake in Liberty Latin America by 2.7% in the 1st quarter. Raymond James & Associates now owns 147,509 shares of the company’s stock worth $1,431,000 after buying an additional 3,891 shares in the last quarter. Bank of Montreal Can purchased a new position in shares of Liberty Latin America during the first quarter valued at about $94,000. Finally, Panagora Asset Management Inc. purchased a new position in shares of Liberty Latin America during the first quarter valued at about $981,000. 15.01% of the stock is owned by institutional investors.

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.