Liberty Latin America (LILA)
Market Price (9/29/2026): $8.53 | Market Cap: $1.7 BilSector: Communication Services | Industry: Integrated Telecommunication Services
Liberty Latin America (LILA)
Market Price (9/29/2026): $8.53Market Cap: $1.7 BilSector: Communication ServicesIndustry: Integrated Telecommunication Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20% Attractive yieldFCF Yield is 24% Megatrend and thematic driversMegatrends include 5G & Advanced Connectivity. Themes include Wireless Services, and Telecom Infrastructure. | Trading close to highsDist 52W High is -4.4% Weak multi-year price returns2Y Excs Rtn is -45%, 3Y Excs Rtn is -74% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 459% Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -1.0% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -9.7% Key risksLILA key risks include [1] a substantial debt burden and persistent execution issues at its Puerto Rico subsidiary, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20% |
| Attractive yieldFCF Yield is 24% |
| Megatrend and thematic driversMegatrends include 5G & Advanced Connectivity. Themes include Wireless Services, and Telecom Infrastructure. |
| Trading close to highsDist 52W High is -4.4% |
| Weak multi-year price returns2Y Excs Rtn is -45%, 3Y Excs Rtn is -74% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 459% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -1.0% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -9.7% |
| Key risksLILA key risks include [1] a substantial debt burden and persistent execution issues at its Puerto Rico subsidiary, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Updated on 9/1/2026
Liberty Latin America (LILA) stock has gained about 5% since 5/31/2026 because of the following key factors:
1. Strong Fiscal Q2 2026 Financial Performance and Positive Outlook.
Liberty Latin America reported robust fiscal Q2 2026 results on August 5, 2026, which positively impacted the stock. The company achieved 45,000 net additions in postpaid mobile and broadband subscribers and saw its Adjusted Operating Income Before Depreciation and Amortization (OIBDA) return to year-over-year growth. Furthermore, Adjusted Free Cash Flow (FCF) significantly improved, increasing by $124 million year-over-year in fiscal Q2 2026 to $83 million. The company also surpassed analyst estimates for adjusted loss per share by 8%.
2. Strategic Initiatives to Enhance Efficiency and Capital Allocation.
The company undertook several strategic actions designed to optimize its operations and financial structure. On August 5, 2026, Liberty Latin America announced a 10-year strategic engagement with Amdocs, a partnership projected to deliver over $250 million in Net Present Value (NPV) by accelerating cost initiatives, expanding Adjusted OIBDA margins, and improving capital efficiency, with cost reductions commencing in fiscal Q4 2026. Additionally, on July 20, 2026, the company agreed to sell its minority stake in WOW Tel S.A.C. in Peru, demonstrating a focus on rationalizing its operating portfolio and optimizing capital. These moves signal a commitment to operational streamlining and financial discipline.
Show more
Liberty Latin America (LILA) stock has gained about 5% since 5/31/2026 because of the following key factors:
1. Strong Fiscal Q2 2026 Financial Performance and Positive Outlook.
Liberty Latin America reported robust fiscal Q2 2026 results on August 5, 2026, which positively impacted the stock. The company achieved 45,000 net additions in postpaid mobile and broadband subscribers and saw its Adjusted Operating Income Before Depreciation and Amortization (OIBDA) return to year-over-year growth. Furthermore, Adjusted Free Cash Flow (FCF) significantly improved, increasing by $124 million year-over-year in fiscal Q2 2026 to $83 million. The company also surpassed analyst estimates for adjusted loss per share by 8%.
2. Strategic Initiatives to Enhance Efficiency and Capital Allocation.
The company undertook several strategic actions designed to optimize its operations and financial structure. On August 5, 2026, Liberty Latin America announced a 10-year strategic engagement with Amdocs, a partnership projected to deliver over $250 million in Net Present Value (NPV) by accelerating cost initiatives, expanding Adjusted OIBDA margins, and improving capital efficiency, with cost reductions commencing in fiscal Q4 2026. Additionally, on July 20, 2026, the company agreed to sell its minority stake in WOW Tel S.A.C. in Peru, demonstrating a focus on rationalizing its operating portfolio and optimizing capital. These moves signal a commitment to operational streamlining and financial discipline.
Show more
Updated on 9/1/2026
Liberty Latin America (LILA) stock has gained about 5% since 5/31/2026 because of the following key factors:
1. Strong Fiscal Q2 2026 Financial Performance and Positive Outlook.
Liberty Latin America reported robust fiscal Q2 2026 results on August 5, 2026, which positively impacted the stock. The company achieved 45,000 net additions in postpaid mobile and broadband subscribers and saw its Adjusted Operating Income Before Depreciation and Amortization (OIBDA) return to year-over-year growth. Furthermore, Adjusted Free Cash Flow (FCF) significantly improved, increasing by $124 million year-over-year in fiscal Q2 2026 to $83 million. The company also surpassed analyst estimates for adjusted loss per share by 8%.
2. Strategic Initiatives to Enhance Efficiency and Capital Allocation.
The company undertook several strategic actions designed to optimize its operations and financial structure. On August 5, 2026, Liberty Latin America announced a 10-year strategic engagement with Amdocs, a partnership projected to deliver over $250 million in Net Present Value (NPV) by accelerating cost initiatives, expanding Adjusted OIBDA margins, and improving capital efficiency, with cost reductions commencing in fiscal Q4 2026. Additionally, on July 20, 2026, the company agreed to sell its minority stake in WOW Tel S.A.C. in Peru, demonstrating a focus on rationalizing its operating portfolio and optimizing capital. These moves signal a commitment to operational streamlining and financial discipline.
3. Enhanced Shareholder Returns and Confidence in Future Cash Flow.
Liberty Latin America demonstrated confidence in its future cash flow generation and commitment to shareholder returns. During fiscal Q2 2026, the company distributed $500 million in 9.0% Series A Cumulative Redeemable Preference Shares to common shareholders, with the first quarterly dividend declared payable on September 15, 2026. While this distribution led to a technical ex-distribution adjustment and a temporary nominal drop in the common stock price on June 17, 2026, it unlocked value for shareholders. The company also accelerated share repurchases into fiscal Q3 2026, having bought back over $60 million in equity year-to-date through August 3, 2026, underscoring management's conviction in the value of LLA equity.
4. Significant Insider Buying.
A notable insider purchase signals strong internal confidence in the company's prospects. On August 31, 2026, Director Alfonso De Angoitia made an open-market purchase of Liberty Latin America stock valued at approximately $9.98 million. This substantial investment by a company director exceeds the $5 million threshold, indicating a robust belief in the company's future performance.
Show less
Liberty Latin America (LILA) stock has gained about 5% since 5/31/2026 because of the following key factors:
1. Strong Fiscal Q2 2026 Financial Performance and Positive Outlook.
Liberty Latin America reported robust fiscal Q2 2026 results on August 5, 2026, which positively impacted the stock. The company achieved 45,000 net additions in postpaid mobile and broadband subscribers and saw its Adjusted Operating Income Before Depreciation and Amortization (OIBDA) return to year-over-year growth. Furthermore, Adjusted Free Cash Flow (FCF) significantly improved, increasing by $124 million year-over-year in fiscal Q2 2026 to $83 million. The company also surpassed analyst estimates for adjusted loss per share by 8%.
2. Strategic Initiatives to Enhance Efficiency and Capital Allocation.
The company undertook several strategic actions designed to optimize its operations and financial structure. On August 5, 2026, Liberty Latin America announced a 10-year strategic engagement with Amdocs, a partnership projected to deliver over $250 million in Net Present Value (NPV) by accelerating cost initiatives, expanding Adjusted OIBDA margins, and improving capital efficiency, with cost reductions commencing in fiscal Q4 2026. Additionally, on July 20, 2026, the company agreed to sell its minority stake in WOW Tel S.A.C. in Peru, demonstrating a focus on rationalizing its operating portfolio and optimizing capital. These moves signal a commitment to operational streamlining and financial discipline.
3. Enhanced Shareholder Returns and Confidence in Future Cash Flow.
Liberty Latin America demonstrated confidence in its future cash flow generation and commitment to shareholder returns. During fiscal Q2 2026, the company distributed $500 million in 9.0% Series A Cumulative Redeemable Preference Shares to common shareholders, with the first quarterly dividend declared payable on September 15, 2026. While this distribution led to a technical ex-distribution adjustment and a temporary nominal drop in the common stock price on June 17, 2026, it unlocked value for shareholders. The company also accelerated share repurchases into fiscal Q3 2026, having bought back over $60 million in equity year-to-date through August 3, 2026, underscoring management's conviction in the value of LLA equity.
4. Significant Insider Buying.
A notable insider purchase signals strong internal confidence in the company's prospects. On August 31, 2026, Director Alfonso De Angoitia made an open-market purchase of Liberty Latin America stock valued at approximately $9.98 million. This substantial investment by a company director exceeds the $5 million threshold, indicating a robust belief in the company's future performance.
Show less
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Stock Movement Drivers
Fundamental Drivers
The 5.2% change in LILA stock from 5/31/2026 to 9/28/2026 was primarily driven by a 5.2% change in the company's P/S Multiple.| (LTM values as of) | 5312026 | 9282026 | Change |
|---|---|---|---|
| Stock Price ($) | 8.07 | 8.49 | 5.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,442 | 4,457 | 0.4% |
| P/S Multiple | 0.4 | 0.4 | 5.2% |
| Shares Outstanding (Mil) | 200 | 201 | -0.4% |
| Cumulative Contribution | 5.2% |
Market Drivers
5/31/2026 to 9/28/2026| Return | Correlation | |
|---|---|---|
| LILA | 5.2% | |
| Market (SPY) | 1.5% | 1.9% |
| Sector (XLC) | -3.6% | 31.7% |
Fundamental Drivers
The 8.3% change in LILA stock from 2/28/2026 to 9/28/2026 was primarily driven by a 8.3% change in the company's P/S Multiple.| (LTM values as of) | 2282026 | 9282026 | Change |
|---|---|---|---|
| Stock Price ($) | 7.84 | 8.49 | 8.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,442 | 4,457 | 0.3% |
| P/S Multiple | 0.4 | 0.4 | 8.3% |
| Shares Outstanding (Mil) | 200 | 201 | -0.3% |
| Cumulative Contribution | 8.3% |
Market Drivers
2/28/2026 to 9/28/2026| Return | Correlation | |
|---|---|---|
| LILA | 8.3% | |
| Market (SPY) | 12.2% | 6.9% |
| Sector (XLC) | -5.3% | 29.3% |
Fundamental Drivers
The 5.3% change in LILA stock from 8/31/2025 to 9/28/2026 was primarily driven by a 4.6% change in the company's P/S Multiple.| (LTM values as of) | 8312025 | 9282026 | Change |
|---|---|---|---|
| Stock Price ($) | 8.06 | 8.49 | 5.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,400 | 4,457 | 1.3% |
| P/S Multiple | 0.4 | 0.4 | 4.6% |
| Shares Outstanding (Mil) | 200 | 201 | -0.6% |
| Cumulative Contribution | 5.3% |
Market Drivers
8/31/2025 to 9/28/2026| Return | Correlation | |
|---|---|---|
| LILA | 5.3% | |
| Market (SPY) | 20.0% | 10.4% |
| Sector (XLC) | 1.1% | 29.1% |
Fundamental Drivers
The -5.0% change in LILA stock from 8/31/2023 to 9/28/2026 was primarily driven by a -7.1% change in the company's P/S Multiple.| (LTM values as of) | 8312023 | 9282026 | Change |
|---|---|---|---|
| Stock Price ($) | 8.94 | 8.49 | -5.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,602 | 4,457 | -3.1% |
| P/S Multiple | 0.4 | 0.4 | -7.1% |
| Shares Outstanding (Mil) | 212 | 201 | 5.6% |
| Cumulative Contribution | -5.0% |
Market Drivers
8/31/2023 to 9/28/2026| Return | Correlation | |
|---|---|---|
| LILA | -5.0% | |
| Market (SPY) | 76.5% | 23.7% |
| Sector (XLC) | 69.8% | 30.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| LILA Return | 5% | -35% | -3% | -13% | 16% | 15% | -24% |
| Peers Return | -17% | -19% | 20% | 42% | 83% | 41% | 192% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 106% |
Monthly Win Rates [3] | |||||||
| LILA Win Rate | 50% | 17% | 42% | 58% | 50% | 56% | |
| Peers Win Rate | 38% | 33% | 62% | 75% | 71% | 67% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 56% | |
Max Drawdowns [4] | |||||||
| LILA Max Drawdown | -25% | -51% | -36% | -41% | -40% | -44% | |
| Peers Max Drawdown | -36% | -42% | -30% | -14% | -15% | -23% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: TIGO, T.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/28/2026 (YTD)
How Low Can It Go
| Event | LILA | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -37.6% | -18.8% |
| % Gain to Breakeven | 60.2% | 23.1% |
| Time to Breakeven | 90 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -21.4% | -9.5% |
| % Gain to Breakeven | 27.2% | 10.5% |
| Time to Breakeven | 179 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -22.7% | -6.7% |
| % Gain to Breakeven | 29.4% | 7.1% |
| Time to Breakeven | 69 days | 31 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -18.0% | -12.2% |
| % Gain to Breakeven | 22.0% | 13.9% |
| Time to Breakeven | 76 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -14.0% | -6.8% |
| % Gain to Breakeven | 16.3% | 7.3% |
| Time to Breakeven | 9 days | 15 days |
In The Past
Liberty Latin America's stock fell -37.6% during the 2025 US Tariff Shock. Such a loss loss requires a 60.2% gain to breakeven.
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Asset Allocation
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| Event | LILA | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -37.6% | -18.8% |
| % Gain to Breakeven | 60.2% | 23.1% |
| Time to Breakeven | 90 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -21.4% | -9.5% |
| % Gain to Breakeven | 27.2% | 10.5% |
| Time to Breakeven | 179 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -22.7% | -6.7% |
| % Gain to Breakeven | 29.4% | 7.1% |
| Time to Breakeven | 69 days | 31 days |
In The Past
Liberty Latin America's stock fell -37.6% during the 2025 US Tariff Shock. Such a loss loss requires a 60.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Liberty Latin America (LILA)
Liberty Latin America (LILA) is a major telecommunications provider serving approximately 20 countries across Latin America, the Caribbean, Chile, and Costa Rica. The company delivers a broad spectrum of services, encompassing fixed-line, mobile, and subsea telecommunications, to both residential consumers and various business clients. It operates under several well-known regional brands, including C&W, VTR, Liberty Puerto Rico, Flow, and Móvil.
LILA's core offerings for residential and business customers include essential communication and entertainment services such as video, broadband internet, fixed-line telephony, and mobile connectivity. For its business clientele, which ranges from small and medium enterprises to large international companies and governmental agencies, LILA provides more specialized solutions like enterprise-grade connectivity, data center services, hosting, managed solutions, and general IT support. These services are underpinned by the company's significant infrastructure, including an extensive sub-sea and terrestrial fiber optic cable network that connects numerous markets throughout its operating regions.
AI Analysis | Feedback
Here are 1-3 brief analogies to describe Liberty Latin America (LILA):
- It's like the **Comcast** or **Verizon** of Latin America and the Caribbean, offering a full suite of internet, mobile, and TV services.
- Imagine a regional **AT&T** or **Vodafone**, providing fixed, mobile, and internet services, and operating extensive subsea cable networks across Latin America and the Caribbean.
AI Analysis | Feedback
- Fixed Telecommunications Services: Provides landline telephony and other fixed-line communication to customers.
- Mobile Telecommunications Services: Offers cellular voice and data services.
- Video Services: Delivers television and entertainment content.
- Broadband Internet Services: Provides high-speed internet connectivity.
- Subsea Telecommunications Services: Offers connectivity and infrastructure via its extensive subsea fiber optic cable network.
- Enterprise-grade Connectivity: Supplies robust network connections specifically designed for business and government clients.
- Data Center Services: Provides facilities for businesses to house their critical IT systems and data.
- Hosting Solutions: Offers services for storing and maintaining websites, applications, and data on servers.
- Managed Solutions: Delivers outsourced management of IT infrastructure and services for businesses.
- Information Technology (IT) Solutions: Provides a range of technology services and support to various enterprises and governmental agencies.
AI Analysis | Feedback
Liberty Latin America (LILA) serves a diverse customer base, primarily consisting of the following categories:
- Residential Customers: Individuals and households subscribing to communications and entertainment services such as video, broadband internet, fixed-line telephony, and mobile services.
- Business Customers (Small and Medium Enterprises - SMEs): Small and medium-sized businesses that utilize enterprise-grade connectivity, data center, hosting, managed solutions, and information technology solutions.
- Business Customers (International Companies and Governmental Agencies): Larger international companies and governmental organizations requiring sophisticated enterprise-grade connectivity, data center, hosting, and managed IT solutions.
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Balan Nair, President and Chief Executive Officer
Balan Nair has over 20 years of experience in the telecommunications industry. He joined the Liberty family of companies in 2007 as Senior Vice President and Chief Technology Officer for Liberty Global. He later served as Executive Vice President and Chief Technology and Innovation Officer, overseeing Liberty Global's worldwide network, technology and innovation operations, corporate strategy, and venture investments. Before joining Liberty Global, Mr. Nair was Chief Technology Officer and Executive Vice President for AOL LLC in 2006, and prior to that, spent over 12 years at Qwest Communications International Inc., where he was Chief Information Officer and Chief Technology Officer. He currently serves on the boards of Charter Communications, Liberty Latin America, and Adtran Corporation. Mr. Nair was appointed President and CEO of Liberty Latin America in December 2017.
Chris Noyes, SVP, Chief Financial Officer
Chris Noyes is responsible for Liberty Latin America's finance and treasury operations, including commercial finance, tax and financial planning, accounting and external reporting, investor relations, and strategic oversight for financial performance. He joined Liberty Global in 2005 as Vice President, Investor Relations and Business Analysis, and held various senior management positions before being appointed Chief Financial Officer for Liberty Global's Latin America operations in 2014, which subsequently became the LiLAC Group of Liberty Global in July 2015. Before his time at Liberty Global, Mr. Noyes worked as an investment banker at Credit Suisse First Boston and Donaldson, Lufkin & Jenrette.
Aamir Hussain, SVP, Chief Technology and Product Officer
Aamir Hussain was appointed Senior Vice President, Chief Technology and Product Officer of Liberty Latin America in April 2022. In this role, he leads the company's Technology & Innovation (T&I) team, focusing on driving technology solutions, product development, network performance, and enhancing the customer experience across various markets. Prior to joining Liberty Latin America, Mr. Hussain held multiple senior leadership roles at Verizon Communications, CenturyLink, and Liberty Global.
John Winter, SVP, Chief Legal Officer & Secretary
John Winter serves as the Senior Vice President, Chief Legal Officer & Secretary of Liberty Latin America. He is responsible for the company's legal affairs and corporate governance.
Rocío Lorenzo, SVP, General Manager, Cable and Wireless Panama
Rocío Lorenzo was appointed Senior Vice President, General Manager for Cable and Wireless Panama in January 2024, reporting directly to the President and CEO. She previously held the position of Senior Vice President, Chief Customer Officer at Liberty Latin America.
AI Analysis | Feedback
The key risks to Liberty Latin America (LILA) include its elevated debt levels, market volatility and economic factors in its operating regions, and intense competition coupled with regulatory hurdles.
- High Leverage and Debt: Liberty Latin America operates with elevated leverage, which analysts consider a "risky strategy" especially given the economic and political volatility of the regions in which it operates. The company's significant debt levels and low interest coverage raise concerns about its balance sheet and overall financial health.
- Market Volatility, Economic Factors, and Political Instability: The company faces considerable risks from economic instability, currency fluctuations, inflation, and political unrest across Latin America and the Caribbean. These factors can adversely impact LILA's operations, financial performance, and consumer spending patterns in its diverse markets.
- Intense Competition and Regulatory Challenges: Liberty Latin America operates within a highly competitive telecommunications sector, necessitating continuous adaptation. Furthermore, the company must navigate a complex and evolving regulatory landscape across multiple jurisdictions, where changes in laws, regulations, and government policies can influence its business model and profitability.
AI Analysis | Feedback
The clear emerging threats for Liberty Latin America (LILA) are:
- The continued and accelerating shift of residential customers away from traditional linear video services and fixed-line telephony towards Over-the-Top (OTT) streaming video platforms (e.g., Netflix, Disney+, YouTube) and internet-based communication applications (e.g., WhatsApp, Zoom). This directly threatens LILA's traditional video and fixed-line voice revenue streams.
- The increasing adoption by businesses and governmental agencies of hyperscale public cloud platforms (e.g., AWS, Microsoft Azure, Google Cloud) for infrastructure, hosting, and managed IT solutions. This poses a threat to LILA's revenue generated from its traditional data center, hosting, and managed solutions services offered to enterprise customers.
AI Analysis | Feedback
Liberty Latin America (LILA) operates in various telecommunications sectors across Latin America and the Caribbean. The addressable markets for its main products and services are substantial and show continued growth.
Telecommunications Services (Overall)
- The overall telecommunications market in Latin America was valued at USD 159.29 billion in 2025 and is projected to grow to USD 276.28 billion by 2034. This includes fixed-line, mobile, broadband, and emerging digital communication services.
- Another estimate indicates the telecom services market in Latin America is expected to reach approximately US$ 99.37 billion by 2030.
- Mobile technologies and services alone contributed an estimated $550 billion to the Latin American economy in 2024, which is forecast to increase to $680 billion by 2030.
Mobile Services
- The mobile market in Latin America and the Caribbean recorded 677.5 million accesses by the end of 2024.
- Mobile data services constituted the largest revenue-generating service type in the Latin America telecommunication market in 2025.
- 5G subscriptions in Latin America are projected to reach 120 million by 2028, with adoption in the region forecast to exceed 50% by 2030.
Fixed Broadband Internet Services
- The fixed data segment in the Latin America telecommunication market is the fastest-growing, with a projected Compound Annual Growth Rate (CAGR) of 7.3% from 2026 to 2034.
- In the Caribbean, the total addressable market for fixed broadband is estimated at over 3.3 million connections, excluding Haiti. Bringing universal Fiber-to-the-Home (FTTH) and 5G access to the Caribbean could require an estimated investment of USD 8.6 billion to USD 12.9 billion.
Subsea and Terrestrial Fiber Optic Cable Networks
- The Latin America submarine communications optical fiber cable market was valued at USD 1.04 billion in 2024 and is projected to grow at a CAGR of 12.4% from 2024 to 2031.
- The broader submarine cables market in Latin America is expected to reach approximately US$ 3.57 billion by 2030.
Business Products and Services (Enterprise Connectivity, Data Center, Hosting, Managed Solutions, IT Solutions)
- The commercial application segment in the Latin America telecommunication market is projected to grow at a CAGR of 8.6% from 2026 to 2034, driven by digital transformation in businesses and increased demand for dedicated internet lines and managed services.
- The Latin America data center market was valued at USD 16.64 billion in 2025 and is projected to reach USD 32.91 billion by 2034.
- The Latin America data center colocation market is projected to grow from USD 5.85 billion in 2025 to USD 12.87 billion by 2030.
- The enterprise IT market in Latin America is projected to increase from $93 billion in 2025 to nearly $118 billion by 2027.
- The Latin America enterprise networking market generated USD 12.67 billion in revenue in 2024 and is expected to reach USD 17.71 billion by 2030.
- The Enterprise Connectivity and Networking Market in Latin America was valued at USD 63.35 billion in 2025 and is expected to reach USD 106.47 billion by 2035.
AI Analysis | Feedback
Here are 3-5 expected drivers of future revenue growth for Liberty Latin America (LILA) over the next 2-3 years:
- Subscriber Growth and Fixed-Mobile Convergence (FMC): Liberty Latin America anticipates continued subscriber growth, particularly in its postpaid mobile and broadband segments across markets like Costa Rica, Jamaica, and Panama. This growth is expected to be driven by a focus on Fixed-Mobile Convergence (FMC), which aims to increase customer loyalty and revenue by offering bundled services.
- Network Infrastructure Investment and Technological Advancement: The company is heavily investing in upgrading its network infrastructure, including aggressive deployment of "Fibra óptica" (fiber optics) with plans to expand its gigabit-capable fiber footprint to over 6 million homes passed by the end of 2026. Additionally, Liberty Latin America is expanding its 5G capabilities in key markets like Puerto Rico and Chile, targeting 65% 5G population coverage by the end of 2025, and leveraging artificial intelligence (AI) for network optimization and operational improvements.
- Growth in Business-to-Business (B2B) and Liberty Networks: Liberty Latin America expects revenue growth from its Business-to-Business (B2B) and Business-to-Government (B2G) segments, with Liberty Networks being a significant contributor. Liberty Networks is undertaking infrastructure projects, including new subsea routes and system expansions, to provide low latency and high-capacity connectivity across Latin America and the Caribbean, which is anticipated to drive incremental cash flow.
- Strategic Price Increases: The company has implemented price increases in its major C&W Caribbean markets and Costa Rica, which are projected to support its revenue growth ambitions and enhance pricing power and long-term revenue stability.
- Recovery and Performance Improvement in Key Markets: Liberty Latin America is focused on achieving a recovery trajectory in Puerto Rico and restoring profitability in Jamaica to pre-hurricane levels by the end of 2026. These efforts, coupled with operational improvements and cost efficiencies, are expected to contribute to overall revenue growth.
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Share Repurchases
- Liberty Latin America has been actively repurchasing a significant number of shares, which analysts suggest could accelerate demand for the stock.
- The company indicated in Q2 2025 its intention to potentially enhance its capital return strategy, including share repurchases, following the planned separation of Liberty Puerto Rico.
Outbound Investments
- An agreement with Millicom to combine their respective operations in Costa Rica is anticipated to conclude in the second half of 2025.
- The company agreed to acquire TGO's business in Costa Rica, with regulatory approval expected in early 2026.
Capital Expenditures
- Capital expenditures, referred to as Property & Equipment (P&E) additions, amounted to $640 million in fiscal year 2025, a decrease from $725 million in fiscal year 2024.
- Capital intensity, measured as P&E additions as a percentage of revenue, decreased to 14% in 2025 from 16% in 2024.
- Key areas of focus for capital expenditures include major infrastructure projects such as the construction of El Salvador's first submarine cable and the Manta joint build, along with investments in 5G and mobile network transformation.
Peer Outperformance in Integrated Telecommunication Services
LILA has trailed 64% of its 22 Integrated Telecommunication Services peers over 5Y. Among the peers that beat it are T and VZ. Integrated Telecommunication Services ranks 3rd of 9 industries in Communication Services by median 5Y return. That makes it one of the strongest corners of the sector.
Share of Integrated Telecommunication Services constituents that LILA has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
67%
of 24 industry peers · 3.2% return
3Y
45%
of 22 industry peers · 4.0% return
5Y
36%
of 22 industry peers · -33.8% return
Integrated Telecommunication Services peers with revenue growth within 4pp of LILA's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| LILA | Liberty Latin America | -1.0% | -17.4x | 3.2% | 4.0% | -33.8% | — |
| T | AT&T | 1.6% | 8.0x | -7.9% | 94.1% | 59.8% | +94pp |
| VZ | Verizon Communications | 1.0% | 12.0x | 14.3% | 76.1% | 17.7% | +52pp |
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Communication Services sector, ranked by 5Y. Integrated Telecommunication Services is LILA's own industry. Use this to see which corners of the sector have carried the returns.
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Wireless Telecommunication Services | 3 | -13.8% | 25.0% | 36.7% | ECHO 248% · TMUS 37% · SHEN -63% |
| Publishing | 5 | 11.6% | 22.6% | 6.9% | NYT 36% · NWSA 28% · SCHL 7% |
| Integrated Telecommunication Services ← | 23 | -8.4% | 4.4% | -23.4% | IQST 1492% · TIGO 287% · GSAT 241% |
| Movies & Entertainment | 25 | 13.8% | 56.6% | -36.9% | IMAX 199% · MSGS 130% · BATRA 120% |
| Alternative Carriers | 4 | 16.6% | 17.7% | -49.4% | IRDM 27% · UNIT -44% · LUMN -54% |
| Advertising | 20 | -17.2% | -9.0% | -65.4% | APP 316% · EVC 34% · OMC 22% |
| Interactive Media & Services | 33 | -37.6% | -33.9% | -68.0% | GOOGL 158% · SPOT 126% · META 113% |
| Broadcasting | 15 | -15.2% | -19.1% | -70.1% | FOXA 67% · NXST 24% · WBD 22% |
| Interactive Home Entertainment | 8 | -51.9% | -57.5% | -84.9% | TTWO 33% · RBLX -45% · PINS -63% |
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 24.88 |
| Mkt Cap | 15.1 |
| Rev LTM | 7,236 |
| Op Inc LTM | 1,660 |
| FCF LTM | 1,217 |
| FCF 3Y Avg | 867 |
| CFO LTM | 2,241 |
| CFO 3Y Avg | 1,794 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 2.6% |
| Rev Chg 3Y Avg | 1.6% |
| Rev Chg Q | 2.3% |
| QoQ Delta Rev Chg LTM | 0.6% |
| Op Inc Chg LTM | 19.1% |
| Op Inc Chg 3Y Avg | 7.3% |
| Op Mgn LTM | 20.6% |
| Op Mgn 3Y Avg | 20.2% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 31.0% |
| CFO/Rev 3Y Avg | 28.7% |
| FCF/Rev LTM | 13.9% |
| FCF/Rev 3Y Avg | 13.7% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Liberty Caribbean | 1,455 | 1,463 | 1,437 | ||
| Liberty Puerto Rico | 1,199 | 1,250 | 1,418 | 1,464 | 1,446 |
| Cable & Wireless (C&W) Panama | 784 | 763 | 743 | 643 | 568 |
| Liberty Costa Rica | 632 | 613 | 548 | 441 | 258 |
| Liberty Networks | 471 | 448 | 453 | 451 | 432 |
| Corporate | 15 | 20 | 24 | 22 | 22 |
| Intersegment eliminations | -114 | -110 | -111 | -99 | -92 |
| Cable & Wireless (C&W) Caribbean | 1,437 | 1,390 | |||
| VTR Finance N.V. and its subsidiaries (VTR) | 451 | 788 | |||
| Total | 4,442 | 4,447 | 4,511 | 4,809 | 4,811 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Liberty Caribbean | 673 | 633 | 597 | ||
| Liberty Puerto Rico | 353 | 280 | 486 | 531 | 577 |
| Cable & Wireless (C&W) Panama | 299 | 270 | 228 | 189 | 200 |
| Liberty Networks | 258 | 243 | 262 | 276 | 264 |
| Liberty Costa Rica | 236 | 230 | 203 | 135 | 80 |
| Share-based compensation and other Employee Incentive Plan-related expense | -75 | -84 | -89 | -94 | -118 |
| Corporate | -113 | -90 | -73 | -72 | -53 |
| Impairment, restructuring and other operating items, net | -618 | -590 | -87 | -619 | -665 |
| Depreciation and amortization | -905 | -968 | -1,008 | -911 | -965 |
| Cable & Wireless (C&W) Caribbean | 535 | 483 | |||
| VTR Finance N.V. and its subsidiaries (VTR) | 116 | 260 | |||
| Total | 108 | -77 | 518 | 86 | 64 |
| $ Mil | 2017 | 2015 |
|---|---|---|
| Cable & Wireless (C&W) Communications Limited | 10,637 | |
| VTR Finance N.V. and its subsidiaries (VTR) | 1,577 | |
| Liberty Puerto Rico | 1,388 | |
| Corporate and intersegment eliminations | 15 | |
| Chile | 1,507 | |
| Corporate and other | 162 | |
| Inter-group eliminations | -11 | |
| Puerto Rico | 1,599 | |
| Total | 13,617 | 3,257 |
Price Behavior
Price Behavior
| Market Price | $8.49 | |
| Market Cap ($ Bil) | 1.7 | |
| First Trading Date | 06/22/2015 | |
| Distance from 52W High | -4.4% | |
| 50 Days | 200 Days | |
| DMA Price | $8.42 | $7.92 |
| DMA Trend | indeterminate | up |
| Distance from DMA | 0.9% | 7.2% |
| 3M | 1YR | |
| Volatility | 35.1% | 54.5% |
| Downside Capture | -4.54 | 45.51 |
| Upside Capture | 45.13 | 40.85 |
| Correlation (SPY) | 9.7% | 10.1% |
LILA Betas & Captures as of 8/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.33 | -0.58 | -0.05 | 0.27 | 0.42 | 0.74 |
| Up Beta | 0.02 | -2.20 | -1.45 | -0.67 | 0.19 | 0.50 |
| Down Beta | 4.99 | -0.01 | 1.64 | 0.74 | 0.74 | 1.05 |
| Up Capture | 37% | 24% | 10% | 54% | 32% | 32% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 10 | 21 | 36 | 71 | 132 | 388 |
| Down Capture | -86% | -55% | -23% | 58% | 53% | 94% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 9 | 18 | 25 | 53 | 113 | 343 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LILA | |
|---|---|---|---|---|
| LILA | 4.8% | 54.4% | 0.30 | - |
| Sector ETF (XLC) | -4.2% | 15.9% | -0.46 | 29.6% |
| Equity (SPY) | 17.4% | 13.0% | 0.96 | 10.1% |
| Gold (GLD) | 9.7% | 29.6% | 0.31 | -1.9% |
| Commodities (DBC) | 42.7% | 20.7% | 1.60 | -5.4% |
| Real Estate (VNQ) | 4.3% | 13.6% | 0.06 | 31.8% |
| Bitcoin (BTCUSD) | -23.0% | 44.8% | -0.46 | 2.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LILA | |
|---|---|---|---|---|
| LILA | -7.3% | 47.3% | 0.00 | - |
| Sector ETF (XLC) | 7.5% | 21.0% | 0.27 | 39.3% |
| Equity (SPY) | 13.5% | 17.2% | 0.60 | 36.1% |
| Gold (GLD) | 18.1% | 18.9% | 0.77 | 6.8% |
| Commodities (DBC) | 11.0% | 19.5% | 0.44 | 9.6% |
| Real Estate (VNQ) | 0.9% | 18.9% | -0.06 | 37.4% |
| Bitcoin (BTCUSD) | 14.4% | 52.4% | 0.45 | 18.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LILA | |
|---|---|---|---|---|
| LILA | -11.0% | 47.2% | -0.07 | - |
| Sector ETF (XLC) | 9.2% | 22.1% | 0.46 | 45.7% |
| Equity (SPY) | 15.4% | 17.9% | 0.73 | 45.2% |
| Gold (GLD) | 11.7% | 16.4% | 0.58 | 7.8% |
| Commodities (DBC) | 8.5% | 18.1% | 0.38 | 17.6% |
| Real Estate (VNQ) | 4.7% | 20.7% | 0.19 | 42.4% |
| Bitcoin (BTCUSD) | 63.8% | 66.2% | 1.03 | 16.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 8/13/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/5/2026 | 3.8% | 3.2% | |
| 5/7/2026 | -4.2% | -7.4% | -7.2% |
| 2/18/2026 | 3.6% | 0.8% | 3.0% |
| 11/5/2025 | 7.7% | 3.6% | 7.9% |
| 8/7/2025 | 9.2% | 5.3% | 11.6% |
| 5/7/2025 | -15.1% | -10.2% | -8.7% |
| 2/19/2025 | -5.3% | -3.7% | -5.8% |
| 11/6/2024 | -20.8% | -36.6% | -34.2% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 13 | 13 | 11 |
| # Negative | 12 | 12 | 13 |
| Median Positive | 4.9% | 3.8% | 9.7% |
| Median Negative | -8.2% | -5.1% | -7.2% |
| Max Positive | 16.5% | 18.5% | 19.7% |
| Max Negative | -20.8% | -36.6% | -34.2% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/5/2026 | 3.8% | 3.2% | |
| 5/7/2026 | -4.2% | -7.4% | -7.2% |
| 2/18/2026 | 3.6% | 0.8% | 3.0% |
| 11/5/2025 | 7.7% | 3.6% | 7.9% |
| 8/7/2025 | 9.2% | 5.3% | 11.6% |
| 5/7/2025 | -15.1% | -10.2% | -8.7% |
| 2/19/2025 | -5.3% | -3.7% | -5.8% |
| 11/6/2024 | -20.8% | -36.6% | -34.2% |
| 8/6/2024 | -8.9% | -5.3% | -5.8% |
| 5/7/2024 | 4.9% | 2.8% | 9.7% |
| 2/22/2024 | -7.6% | -0.6% | 2.6% |
| 11/9/2023 | 12.5% | 9.1% | 10.3% |
| 8/8/2023 | 16.5% | 8.9% | -5.0% |
| 5/8/2023 | -0.6% | -1.2% | 2.0% |
| 2/22/2023 | 4.2% | -0.9% | -12.0% |
| 11/8/2022 | -10.9% | 0.4% | -15.4% |
| 8/3/2022 | -1.2% | 3.8% | -7.2% |
| 5/4/2022 | -8.9% | -15.5% | -5.5% |
| 2/23/2022 | -2.8% | -13.3% | -11.2% |
| 11/2/2021 | 2.1% | 3.5% | -10.7% |
| 8/4/2021 | 10.4% | 6.5% | 9.7% |
| 5/5/2021 | 1.8% | -4.9% | 1.6% |
| 3/1/2021 | 13.4% | 18.5% | 19.7% |
| 11/4/2020 | 2.0% | 13.2% | 17.9% |
| 8/5/2020 | -11.3% | -1.1% | -5.6% |
| SUMMARY STATS | |||
| # Positive | 13 | 13 | 11 |
| # Negative | 12 | 12 | 13 |
| Median Positive | 4.9% | 3.8% | 9.7% |
| Median Negative | -8.2% | -5.1% | -7.2% |
| Max Positive | 16.5% | 18.5% | 19.7% |
| Max Negative | -20.8% | -36.6% | -34.2% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/05/2026 | 10-Q |
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 02/18/2026 | 10-K |
| 09/30/2025 | 11/05/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/07/2025 | 10-Q |
| 12/31/2024 | 02/19/2025 | 10-K |
| 09/30/2024 | 11/06/2024 | 10-Q |
| 06/30/2024 | 08/06/2024 | 10-Q |
| 03/31/2024 | 05/07/2024 | 10-Q |
| 12/31/2023 | 02/22/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/08/2023 | 10-Q |
| 03/31/2023 | 05/08/2023 | 10-Q |
| 12/31/2022 | 02/22/2023 | 10-K |
| 09/30/2022 | 11/08/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/05/2026 | 10-Q |
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 02/18/2026 | 10-K |
| 09/30/2025 | 11/05/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/07/2025 | 10-Q |
| 12/31/2024 | 02/19/2025 | 10-K |
| 09/30/2024 | 11/06/2024 | 10-Q |
| 06/30/2024 | 08/06/2024 | 10-Q |
| 03/31/2024 | 05/07/2024 | 10-Q |
| 12/31/2023 | 02/22/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/08/2023 | 10-Q |
| 03/31/2023 | 05/08/2023 | 10-Q |
| 12/31/2022 | 02/22/2023 | 10-K |
| 09/30/2022 | 11/08/2022 | 10-Q |
| 06/30/2022 | 08/03/2022 | 10-Q |
| 03/31/2022 | 05/04/2022 | 10-Q |
| 12/31/2021 | 02/23/2022 | 10-K |
| 09/30/2021 | 11/02/2021 | 10-Q |
| 06/30/2021 | 08/04/2021 | 10-Q |
| 03/31/2021 | 05/05/2021 | 10-Q |
| 12/31/2020 | 03/01/2021 | 10-K |
| 09/30/2020 | 11/04/2020 | 10-Q |
| 06/30/2020 | 08/05/2020 | 10-Q |
| 03/31/2020 | 05/05/2020 | 10-Q |
| 12/31/2019 | 02/19/2020 | 10-K |
| 09/30/2019 | 11/05/2019 | 10-Q |
Recent Forward Guidance
Updated 9/28/2026Latest: Q2 2026 Earnings Reported 8/5/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 NPV from Amdocs transaction | Reported | 250.00 Mil | ||||||
Insider Activity
Updated 9/28/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Malone, John C | a Trust | Buy | 9282026 | 20.43 | 7,945 | 162,300 | 28,816,617 | Form | |
| 2 | Malone, John C | a Trust | Buy | 9282026 | 20.44 | 13,362 | 273,143 | 28,673,815 | Form | |
| 3 | Malone, John C | a Trust | Buy | 9282026 | 20.45 | 1,135 | 23,211 | 28,412,064 | Form | |
| 4 | Malone, John C | a Trust | Buy | 9182026 | 20.44 | 168 | 3,434 | 28,378,026 | Form | |
| 5 | Malone, John C | a Trust | Buy | 9182026 | 20.43 | 36,914 | 754,323 | 28,364,042 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Malone, John C | a Trust | Buy | 9282026 | 20.43 | 7,945 | 162,300 | 28,816,617 | Form | |
| 2 | Malone, John C | a Trust | Buy | 9282026 | 20.44 | 13,362 | 273,143 | 28,673,815 | Form | |
| 3 | Malone, John C | a Trust | Buy | 9282026 | 20.45 | 1,135 | 23,211 | 28,412,064 | Form | |
| 4 | Malone, John C | a Trust | Buy | 9182026 | 20.44 | 168 | 3,434 | 28,378,026 | Form | |
| 5 | Malone, John C | a Trust | Buy | 9182026 | 20.43 | 36,914 | 754,323 | 28,364,042 | Form | |
| 6 | De, Angoitia Alfonso | Grenadier S.A. | Buy | 9042026 | 20.95 | 313,104 | 6,559,873 | 9,976,704 | Form | |
| 7 | De, Angoitia Alfonso | Grenadier S.A. | Buy | 9042026 | 20.65 | 17,596 | 363,340 | 3,367,563 | Form | |
| 8 | De, Angoitia Alfonso | Grenadier S.A. | Buy | 9042026 | 21.00 | 145,490 | 3,055,275 | 3,055,275 | Form | |
| 9 | Malone, John C | Malone LG 2013 CRT | Buy | 9012026 | 8.50 | 69,454 | 590,310 | 2,605,639 | Form | |
| 10 | Malone, John C | Malone LG 2013 CRT | Buy | 9012026 | 8.48 | 51,832 | 439,395 | 2,010,112 | Form | |
| 11 | Malone, John C | Malone LG 2013 CRT | Buy | 8182026 | 8.50 | 6,761 | 57,468 | 1,574,922 | Form | |
| 12 | Malone, John C | Malone LG 2013 CRT | Buy | 8132026 | 8.50 | 28,219 | 239,859 | 1,517,436 | Form | |
| 13 | Malone, John C | Malone LG 2013 CRT | Buy | 8132026 | 8.50 | 22,477 | 191,054 | 1,277,592 | Form | |
| 14 | Bracken, Charles H R | by Charlouise Ltd. | Sell | 8132026 | 8.57 | 42,975 | Form | |||
| 15 | Bracken, Charles H R | by Charlouise Ltd. | Buy | 8132026 | 20.93 | 17,425 | 364,695 | 862,124 | Form | |
| 16 | Malone, John C | Malone LG 2013 CRT | Buy | 8112026 | 8.47 | 97,955 | 829,620 | 1,082,626 | Form | |
| 17 | Malone, John C | a Trust | Buy | 8112026 | 20.40 | 15,749 | 321,335 | 27,567,699 | Form | |
| 18 | Malone, John C | Malone LG 2013 CRT | Buy | 8112026 | 8.50 | 29,873 | 253,903 | 253,903 | Form | |
| 19 | Malone, John C | a Trust | Buy | 8112026 | 20.42 | 73,455 | 1,499,914 | 27,267,731 | Form | |
| 20 | Fries, Michael T | Executive Chairman | Direct | Buy | 7172026 | 20.39 | 49,382 | 1,006,711 | 3,044,373 | Form |
| 21 | Winter, John M | SVP, CLO AND SECRETARY | Direct | Buy | 6302026 | 19.67 | 5,071 | 99,738 | 1,269,536 | Form |
| 22 | Malone, John C | Direct | Buy | 6292026 | 7.00 | 17,693 | 123,819 | 26,073,985 | Form | |
| 23 | Malone, John C | Direct | Buy | 6292026 | 6.96 | 336,706 | 2,343,979 | 25,814,077 | Form | |
| 24 | Malone, John C | a Trust | Buy | 6292026 | 20.45 | 45,300 | 926,326 | 25,804,664 | Form | |
| 25 | Bracken, Charles H R | by Charlouise Ltd. | Buy | 6252026 | 20.50 | 4,900 | 100,450 | 487,224 | Form | |
| 26 | Bracken, Charles H R | by Charlouise Ltd. | Buy | 6252026 | 20.50 | 4,900 | 100,450 | 386,774 | Form | |
| 27 | Malone, John C | a Trust | Buy | 6242026 | 20.39 | 199,350 | 4,065,584 | 24,812,032 | Form | |
| 28 | Malone, John C | a Trust | Buy | 6242026 | 20.36 | 479,101 | 9,755,988 | 20,714,826 | Form | |
| 29 | Malone, John C | Direct | Buy | 6242026 | 5.92 | 400,000 | 2,368,080 | 19,959,445 | Form | |
| 30 | Malone, John C | a Trust | Buy | 6242026 | 19.89 | 260,299 | 5,177,920 | 10,705,405 | Form | |
| 31 | Malone, John C | Direct | Buy | 6242026 | 4.98 | 1,095,072 | 5,452,144 | 14,794,076 | Form | |
| 32 | Malone, John C | Direct | Buy | 6242026 | 4.96 | 224,109 | 1,112,343 | 106,202,500 | Form | |
| 33 | Nair, Balan | President and CEO | Direct | Buy | 6232026 | 4.95 | 151,759 | 751,632 | 16,229,325 | Form |
| 34 | Nair, Balan | President and CEO | Direct | Buy | 6232026 | 18.95 | 13,155 | 249,340 | 7,485,086 | Form |
| 35 | Paddick, Brendan J | Direct | Buy | 6232026 | 4.88 | 100,000 | 488,200 | 7,613,684 | Form | |
| 36 | Malone, John C | by Liberty Capital Corporation | Sell | 5272026 | 8.63 | 61,059 | Form | |||
| 37 | Malone, John C | Direct | Buy | 5272026 | 8.63 | 61,059 | 526,939 | 16,192,831 | Form | |
| 38 | Malone, John C | by Liberty Capital Corporation | Sell | 5272026 | 8.63 | 12,345,404 | Form | |||
| 39 | Malone, John C | Direct | Buy | 5272026 | 8.63 | 12,345,404 | 106,540,837 | 182,723,145 | Form | |
| 40 | Nair, Balan | President and CEO | Direct | Buy | 5122026 | 8.07 | 20,000 | 161,490 | 25,233,127 | Form |
| 41 | Zook, Brian D | MD, CHIEF ACCOUNTING OFFICER | Direct | Sell | 2242026 | 7.97 | 33,899 | 270,284 | 54,321 | Form |
| 42 | Zook, Brian D | MD, CHIEF ACCOUNTING OFFICER | Direct | Sell | 2242026 | 8.07 | 60,595 | 489,056 | 119,126 | Form |
Investor Activity (13F)
Updated Sep 29, 202613F holdings as of Mar 31, 2026 (Q1 2026)
Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
| Active Manager |
|---|
Industry Resources
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External Quote Links
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| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
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