Valiant Capital Management LP Has Decreased Its Liberty Global Plc (LBTYK) Stake by $3.08 Million

August 24, 2017 - By Hazel Jackson

Christopher R. Hansen decreased its stake in Liberty Global Plc (LBTYK) by 5.59% based on its latest 2016Q4 regulatory filing with the SEC. Valiant Capital Management Lp sold 106,300 shares as the company’s stock declined 17.26% while stock markets rallied. The hedge fund run by Christopher R. Hansen held 1.80M shares of the television services company at the end of 2016Q4, valued at $53.32 million, down from 1.90 million at the end of the previous reported quarter. Valiant Capital Management Lp who had been investing in Liberty Global Plc for a number of months, seems to be less bullish one the $19.43 billion market cap company. The stock declined 0.67% or $0.22 reaching $32.4 per share. About 850,324 shares traded. Liberty Global plc – Class C Ordinary Shares (NASDAQ:LBTYK) has declined 6.78% since August 24, 2016 and is downtrending. It has underperformed by 23.48% the S&P500.

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