S& P 500 hits all time highs U.S.-Japan trade deal optimism
In a recent transaction involving Liberty Global (NASDAQ:LBTYA) Ltd. (NASDAQ:LBTYK), ACR Alpine Capital Research, LLC, along with several related entities, acquired a significant amount of Class C common shares. The transaction, which took place on January 15, 2025, involved the purchase of 16,562 shares at an average price of $12.0399 per share, amounting to a total value of $199,404. According to InvestingPro data, the stock is currently trading near its 52-week low of $11.21, while maintaining impressive gross profit margins of 67%.
This acquisition was carried out by Nicholas V. Tompras, the Chief Executive Officer of ACR Opportunity (SO:FTCE11B), L.P., who holds these securities in various capacities, including jointly with Jennifer O. Tompras. The purchase increased the total number of shares owned by Tompras and associated entities to 27,239 shares. While the company generated $723.5 million in free cash flow over the last twelve months, InvestingPro analysis indicates it hasn't been profitable during this period.
The entities involved in this transaction include ACR Alpine Capital GP, LLC, ACR Alpine Capital Research, LP, ACR Equity International Fund, ACR Opportunity Fund, and Alpine Holdings Corp. Each of these entities is linked through various roles such as general partners and investment managers, highlighting a complex ownership structure.
The transaction underscores ACR Alpine Capital's continued interest in Liberty Global, a company involved in cable and other pay television services.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.