GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) CEO Buys $1,367,600.00 in Stock

GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) CEO Ronald Duncan acquired 65,000 shares of GCI Liberty, Inc. – Series A GCI Group stock in a transaction on Wednesday, June 3rd. The stock was purchased at an average cost of $21.04 per share, for a total transaction of $1,367,600.00. Following the purchase, the chief executive officer owned 42,516 shares in the company, valued at approximately $894,536.64. The trade was a -289.09% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

GCI Liberty, Inc. – Series A GCI Group Stock Performance

NASDAQ:GLIBA opened at $21.68 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.31 and a quick ratio of 3.31. GCI Liberty, Inc. – Series A GCI Group has a 1 year low of $20.25 and a 1 year high of $41.87. The stock’s 50 day simple moving average is $31.09 and its two-hundred day simple moving average is $34.69. The company has a market cap of $622.22 million and a price-to-earnings ratio of -2.02.

GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.21 by ($0.76). GCI Liberty, Inc. – Series A GCI Group had a positive return on equity of 12.74% and a negative net margin of 31.47%.The firm had revenue of $256.00 million during the quarter. As a group, equities analysts anticipate that GCI Liberty, Inc. – Series A GCI Group will post 3.36 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Zacks Research downgraded GCI Liberty, Inc. – Series A GCI Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, May 14th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Hedge Funds Weigh In On GCI Liberty, Inc. – Series A GCI Group

Several large investors have recently modified their holdings of the stock. Crossingbridge Advisors LLC bought a new position in shares of GCI Liberty, Inc. – Series A GCI Group during the 3rd quarter valued at approximately $14,499,000. Vanguard Group Inc. bought a new position in shares of GCI Liberty, Inc. – Series A GCI Group during the 3rd quarter valued at approximately $11,733,000. Dimensional Fund Advisors LP increased its position in shares of GCI Liberty, Inc. – Series A GCI Group by 29.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 154,189 shares of the company’s stock valued at $5,682,000 after purchasing an additional 35,340 shares during the last quarter. Quantinno Capital Management LP increased its position in shares of GCI Liberty, Inc. – Series A GCI Group by 78.9% during the 1st quarter. Quantinno Capital Management LP now owns 128,543 shares of the company’s stock valued at $4,737,000 after purchasing an additional 56,675 shares during the last quarter. Finally, Luxor Capital Group LP bought a new position in shares of GCI Liberty, Inc. – Series A GCI Group during the 3rd quarter valued at approximately $4,410,000.

About GCI Liberty, Inc. – Series A GCI Group

GCI Liberty, Inc, together with its subsidiaries, provides various communication services in the United States. The company offers data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, and educational and medical institutions primarily in Alaska under the GCI brand. It also operates a digital invitation platform that provides custom display advertising, native advertising content, custom video, and brand partnership services. The company is based in Englewood, Colorado.