KD Logo

Selling Buzz: Liberty Global Ltd [LBTYK] Director WARGO J DAVID sells 30,000 shares of the company

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Liberty Global Ltd shares valued at $520,365 were sold by WARGO J DAVID on Apr 15 ’24. At $17.35 per share, WARGO J DAVID sold 30,000 shares. The insider’s holdings dropped to 159,632 shares worth approximately $2.68 million following the completion of this transaction.

Also, Salvato Andrea sold 32,403 shares, netting a total of over 573,452 in proceeds. Following the sale of shares at $17.70 each, the insider now holds 102,286 shares.

Before that, HALL BRYAN H had sold 15,000 shares from its account. In a trade valued at $280,214, the EVP, Gen Counsel & Secretary traded Liberty Global Ltd shares for $18.68 each. Upon closing the transaction, the insider’s holdings decreased to 15,000 shares, worth approximately $2.18 million.

As published in a research note from Pivotal Research Group on December 17, 2019, Liberty Global Ltd [LBTYK] has been retained to a Buy and the price target has been revised to $25.

Analyzing LBTYK Stock Performance

During the last five days, there has been a drop of approximately -4.98%. Over the course of the year, Liberty Global Ltd shares have dropped approximately -9.92%. Shares of the company reached a 52-week high of $21.83 on 01/29/24 and a 52-week low of $16.72 on 04/17/24. A 50-day SMA is recorded $18.31, while a 200-day SMA reached $18.52. Nevertheless, trading volume fell to 1.28 million shares from 2.31 million shares the previous day.

Support And Resistance Levels for Liberty Global Ltd (LBTYK)

According to the 24-hour chart, there is a support level at 16.58, which, if violated, would cause prices to drop to 16.36. In the upper region, resistance lies at 17.15. The next price resistance is at 17.50. RSI (Relative Strength Index) is 35.83 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.41, which suggests the price will decrease in the coming days. Percent R is at 94.66%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.

Most Popular

[the_ad id="945"]