5 Stocks to Invest In According to Bart Baum’s Ionic Capital

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1. Liberty Global plc (NASDAQ:LBTYA)

Ionic Capital Stake Value: $26,452,000
Percentage of Ionic Capital’s 13F Portfolio: 3.36%
Number of Hedge Fund Holders: 27

Liberty Global plc (NASDAQ:LBTYA) is an international television and broadband firm specializing in providing high-speed internet access. Even after selling 12,500 shares of Liberty Global plc (NASDAQ:LBTYA) in the fourth quarter of 2021, Bart Baum’s Ionic Capital still holds 941,702 shares of the company, worth about $26.45 million.

For the fourth quarter of 2021, Liberty Global plc (NASDAQ:LBTYA) issued its financial report on February 17, which revealed quarterly revenue of $1.92 billion, down 42.2% YoY, missing estimates by $20 million. In addition, Liberty Global plc (NASDAQ:LBTYA)’s EPS came in at $1.32, surpassing the market predictions by $1.94.

By the end of the fourth quarter of 2021, 27 hedge funds out of the 924 tracked by Insider Monkey held stakes in Liberty Global plc (NASDAQ:LBTYA) worth roughly $609.70 million. This is compared to 34 hedge funds in the previous quarter with a total stake value of approximately $791.29 million.

You can also take a peek at 10 Biotech Stocks to Buy According to Matthew Strobeck’s Birchview Capital and Top 10 Stock Picks of Christopher Lyle’s SCGE Management.

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