Alfonso de Angoitia, Director at Liberty Latin America Ltd. (LILA), bought 476,190 shares at $20.95 ($10.0M) on 2026-09-02, disclosed to the SEC on 2026-09-04.
Director Alfonso de Angoitia purchased $6.56 million of Liberty Latin America (LILA) stock at $20.95, marking the largest insider purchase in the company's history and signaling strong conviction in the telecom operator's turnaround. This follows a recent surge in insider buying, including a $34.9 million purchase by billionaire John Malone, which suggests a growing consensus among major shareholders that the stock is undervalued.
The stock has rallied 15.72% over the last 90 days to reach $8.76, trading just 3.1% below its 52-week high of $9.04. This momentum comes after a 39% five-year decline, with the current price representing an 83.26% premium to the 52-week low of $4.78.
1) Q2 2026 Earnings on August 6, 2026: The company reported 3% rebased OIBDA growth and added 45,000 mobile postpaid subscribers. 2) AI Partnership and IT Transformation: A $250 million deal with Amdocs announced on August 9, 2026, aims to drive operational efficiency. 3) Insider Buying Momentum: Following de Angoitia's purchase, billionaire John Malone purchased an additional 121,000 shares on September 3, 2026, boosting his total equity position to $34.9 million.
The stock trades at a high forward P/E of 42.44, which may limit upside if growth slows. Additionally, the company faces sector-specific risks related to competitive pressure in the telecom market.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $21.00 | 145,490 | $3.1M | 30.6% |
| 2 | $20.65 | 17,596 | $363K | 3.6% |
| 3 | $20.95 | 313,104 | $6.6M | 65.7% |
| Total | $20.95 avg | 476,190 | $10.0M | 100% |