Malone buys 2.66M shares (LILA) for $27.9M across 7 transactions; stock down -8.6% in 30d.
John C Malone executed 7 separate purchases totaling 2,657,931 shares for $27,932,059.08 between 2026-06-22 and 2026-06-24 at a blended average price of $10.51, substantially above the current price of $6.60. His post-transaction holdings stand at 1,216,622 shares after converting a short position (-1,441,309 shares). The timing is notable given that the stock has declined -8.6% over the past 30 days and -12.7% over 90 days, trading 19.7% below its 52-week high. This accumulation occurs while the company reports negative net income of -$22.7M and flat annual revenue growth of -0.3%, raising questions about the purchase rationale in a depressed market context. A cluster pattern is evident, with 2 other insiders also buying within the past 14 days, though Malone's prior trades at this ticker (4 transactions in May 2026) show concentrated outcomes of -44.4% 30-day returns on all recent same-ticker activity.