Recent insider trends for Liberty Global plc (NASDAQ:LBTYA) have caught the attention of investors. Insider data is useful because it can reveal what a company’s executives and largest shareholders feel about a stock. In this case, the data has some interesting things to say about how LBTYA might perform in the future.
Institutions own 84.70% of Liberty Global plc (LBTYA)’s shares. The total value of these holdings, in millions, is $7,207. Among active positions in the latest quarter, 107 holders increased their positions by a total of 25.37 million shares, 171 holders decreased the positions by a total of 30.34 million shares, and 70 holders held their positions. This works out to a net decrease in ownership of 4.97 million shares, and suggests that institutions are feeling bearish about the stock.
Among new and sold out positions, 37 holders initiated new positions by a total of 13.71 million shares and 52 holders exited their positions by a total of 15.49 million shares. This nets out to a decrease of 1.78 million shares and is another bearish sign for LBTYA.
In the last three months, insiders executed a total of 20 trades. 8 of these were buys and 12 were sells. Insider ownership decreased by a total of 507221 shares, which suggests that LBTYA’s key executives are feeling less optimistic about the outlook for the stock. The data from the past twelve months tells a similar story: insiders executed 27 buys and 55 sells, and ownership decreased by a net of 2.32 million shares.
Short interest, or the number of a stock’s tradable shares currently being shorted, is another metric investors use to get a pulse on sentiment. Liberty Global plc (NASDAQ:LBTYA)’s short interest is 11.71 million shares, or 1.55% of the float. This represents an increase of 8% in the number of shares being shorted compared to the previous reading, and implies that investors felt more pessimistic about the stock during the past two weeks.
Insider data can help an investor form an outlook on a stock, but it’s important to supplement this data with other information such as technical indicators to form a more complete view. A composite of 13 technical indicators that includes measures such as moving averages and momentum oscillators suggests that LBTYA is a Strong buy, which implies that LBTYA is expected to outperform the market based on prior trading patterns.
Institutional ownership trends suggest that the stock is cheap and the insider trading data indicates that insiders are bearish. Technical indicators (also) suggest that Liberty Global plc (NASDAQ:LBTYA) is undervalued.