Independent Director Of Liberty Global Sold 38% Of Their Shares

Some Liberty Global Ltd. (NASDAQ:LBTY.A) shareholders may be a little concerned to see that the Independent Director, Miranda T. Curtis, recently sold a substantial US$744k worth of stock at a price of US$19.57 per share. That's a big disposal, and it decreased their holding size by 38%, which is notable but not too bad.

See our latest analysis for Liberty Global

Liberty Global Insider Transactions Over The Last Year

Notably, that recent sale by Miranda T. Curtis is the biggest insider sale of Liberty Global shares that we've seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of US$19.49. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

Insiders in Liberty Global didn't buy any shares in the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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Insider Ownership Of Liberty Global

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Liberty Global insiders own 11% of the company, worth about US$796m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At Liberty Global Tell Us?

An insider sold Liberty Global shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. It is good to see high insider ownership, but the insider selling leaves us cautious. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. At Simply Wall St, we found 1 warning sign for Liberty Global that deserve your attention before buying any shares.

But note: Liberty Global may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com