Liberty Global’s Nicholas Tompras sells shares for $737,676

Nicholas V. Tompras, a ten percent owner of Liberty Global Ltd. (NASDAQ:LBTYA), recently sold 57,000 Class C common shares at an average price of $12.9417 each. The company, which maintains impressive gross profit margins of ~67%, has seen management actively pursuing share buybacks according to InvestingPro analysis. This transaction, which took place on December 27, 2024, amounted to a total of approximately $737,676. Following this sale, Tompras holds no shares directly in this category. However, he retains indirect ownership of other securities through various managed accounts and joint holdings with Jennifer O. Tompras. While the company faces current profitability challenges, InvestingPro analysis indicates the stock may be undervalued, with additional insights available in the comprehensive Pro Research Report covering this and 1,400+ other US equities.

In other recent news, Liberty Global has been the subject of several analyst revisions following recent strategic initiatives. Bernstein analysts downgraded Liberty Global shares to Market Perform from Outperform, adjusting the price target to $12.40 due to concerns over mixed operating trends and capital expenditure risks at VodafoneZiggo. BofA Securities also revised its stance, downgrading the stock from Neutral to Underperform, citing greater execution risk in remaining strategic initiatives following the spinoff of Sunrise.

Deutsche Bank (ETR:DBKGn), however, maintained a Buy rating for Liberty Global, despite lowering its price target to $23.00 post-Sunrise spin-off. The revised valuation now accounts for the separation of ’old’ LBTYA and ’new’ LBTYA. UBS displayed caution, shifting its rating from Buy to Neutral and reducing the price target to $13 in response to recent business changes, particularly the Sunrise spin-off.

These recent developments come as Liberty Global navigates through the complexities of the cable to fiber migration, a transition that is expected to require significant investment. The company is also exploring the creation of a UK NetCo, a move that could speed up the upgrade of its cable network to fiber. Despite the challenges, Liberty Global’s management is actively working on a program of value realization, with further strategic actions anticipated.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.