# GCI Liberty, Inc. - Series A GCI Group (GLIBA.US)

Canonical: https://gigainvestors.com/s/GLIBA

Analysis as of: 2026-10-16T07:28:47.768Z. 

Listing currency: USD. Reporting currency: USD.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: $20.37 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

- [Bill Ruane](https://gigainvestors.com/RC): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Mason Hawkins](https://gigainvestors.com/SE): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Down 49% since Feb 2026

Story as of 2026-10-16T10:01:29.432Z; price observation 2026-10-15.

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in telecom services; annual sales are USD 1 billion.

- Source: https://www.sec.gov/Archives/edgar/data/2057463/000110465926013442/tmb-20251231x10k.htm (filed 2026-02-11); FY2025: revenue 1046000000; grossProfit 311000000; margin = grossProfit / revenue.

### Why customers stay

Margins ranged from 29.7% to 70.3% during 2023–25.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-11); FY2023: grossProfit / revenue = 69.9%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-11); FY2024: grossProfit / revenue = 70.3%.

- Source: https://www.sec.gov/Archives/edgar/data/2057463/000110465926013442/tmb-20251231x10k.htm (filed 2026-02-11); FY2025: grossProfit / revenue = 29.7%.

### Where the cash goes

Paid dividends in 2 of 3 years.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-11); FY2023: growth capex 0; upkeep 222000000; owner earnings 49000000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-11); FY2024: growth capex 40000000; upkeep 207000000; owner earnings 70000000. Growth capex / owner earnings = 0.5714285714285714.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-11); Dividend observations: [[2023,65000000],[2024,150000000],[2025,0]]. Zero only counted when supported by a complete cash-flow statement.

### Are managers owners

Insiders own 9.5% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-15); GLIBA.US SharesStats.PercentInsiders = 9.517000000000001 percentage points; cache date 2026-10-15.

### What the price says

The price is 0.6 times annual sales; cash earnings are negative.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-11); Closing price 20.37 USD; reporting-to-trading FX 1; FY2025 annual sales per share 33.74193548387097; price multiple 0.6036998087954111. FY2025 cash earnings/share -9.516129032258064. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2025-07: $33.04 per share

- 2025-08: $37.33 per share

- 2025-09: $37.56 per share

- 2025-10: $36.57 per share

- 2025-11: $33.34 per share

- 2025-12: $36.87 per share

- 2026-01: $37.47 per share

- 2026-02: $39.74 per share

- 2026-03: $36.85 per share

- 2026-04: $34.86 per share

- 2026-05: $22.31 per share

- 2026-06: $21.90 per share

- 2026-07: $23.64 per share

- 2026-08: $26.70 per share

- 2026-09: $23.12 per share

- 2026-10: $20.37 per share

## Annual estimated value (USD per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/2057463/000110465926013442/tmb-20251231x10k.htm); period 2025-12-31, filed 2026-02-11.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.

## Reported holder observations

- [Bill Ruane](https://gigainvestors.com/RC): 114,119 GLIBK shares; USD 2,460,000 reported position value; 0.04% of portfolio; reduce; quarter 2026 Q2.
- [Mason Hawkins](https://gigainvestors.com/SE): 1,935,424 GLIBK shares; USD 41,728,000 reported position value; 2.18% of portfolio; add; quarter 2026 Q2.

# GLIBA — GCI Liberty Inc.

Held by 2 investors · USD 7,809,845 total · 2025 Q4 · reported price USD 36.87 (split-adjusted).
Page: https://gigainvestors.com/s/GLIBA

## Holders (2025 Q4)

| Investor | Value | % of their portfolio | This quarter |
|---|---:|---:|---|
| Bill Ruane (https://gigainvestors.com/RC) | USD 4,836,164 | 0.1% | reduce -1.53% |
| Mason Hawkins (https://gigainvestors.com/SE) | USD 2,973,681 | 0.1% | hold |

## Total held by quarter

- 2020 Q1: USD 597,030 · 1 holder · USD 56.86
- 2020 Q2: USD 781,990 · 1 holder · USD 71.09
- 2020 Q3: USD 902,000 · 1 holder · USD 82.00
- 2020 Q4: USD 0 · 0 holders
- 2021 Q1: USD 0 · 0 holders
- 2021 Q2: USD 0 · 0 holders
- 2021 Q3: USD 0 · 0 holders
- 2021 Q4: USD 0 · 0 holders
- 2022 Q1: USD 0 · 0 holders
- 2022 Q2: USD 0 · 0 holders
- 2022 Q3: USD 0 · 0 holders
- 2022 Q4: USD 0 · 0 holders
- 2023 Q1: USD 0 · 0 holders
- 2023 Q2: USD 0 · 0 holders
- 2023 Q3: USD 0 · 0 holders
- 2023 Q4: USD 0 · 0 holders
- 2024 Q1: USD 0 · 0 holders
- 2024 Q2: USD 0 · 0 holders
- 2024 Q3: USD 0 · 0 holders
- 2024 Q4: USD 0 · 0 holders
- 2025 Q1: USD 0 · 0 holders
- 2025 Q2: USD 0 · 0 holders
- 2025 Q3: USD 8,031,813 · 2 holders · USD 37.56
- 2025 Q4: USD 7,809,845 · 2 holders · USD 36.87
- 2026 Q1: USD 0 · 0 holders