Alaska Permanent Fund Corp. has acquired shares of Lumen Technologies, Inc. (NYSE:LUMN).

The recent Form 13F filing by Alaska Permanent Fund Corp. A filing with the SEC revealed that the fund increased its stake in Lumen Technologies, Inc. (NYSE: LUMN) by 12.6% in the third quarter. The institutional investor increased its ownership of the technology company’s shares during the quarter by purchasing an additional 27,330 shares, bringing the total number of shares owned by the company to 244,630. According to the latest report, the Alaska Permanent Fund Corp. filed with the SEC, its interest in Lumen Technologies was valued at $1,781,000 at the time of filing.

Recent transactions with significant new investors have resulted in these investors buying and selling LUMN stock. These transactions took place relatively recently. Vanguard Group Inc.’s ownership interest in Lumen Technologies increased by 2.4% in the first three months of 2018. Vanguard Group Inc. now owns a total of 116,137,605 shares of its technology business during the most recent fiscal quarter after purchasing an additional 2,726,090 shares. These shares have a combined market value of $1,308,871,000. The Lumen Technologies stake owned by Invesco Ltd. increased by 24.1% in the first three months of the year. invesco ltd now owns 15,016,053 shares of the technology company, valued at an estimated $169,230,000, after purchasing an additional 2,919,199 shares last quarter. This brings the total number of shares held by Invesco Ltd. During the third quarter, ACR Alpine Capital Research LLC brought the total number of Lumen Technologies shares it owned to a level that was 3.2% higher than before. ACR Alpine Capital Research LLC now holds 14,710,805 shares of the technology company, valued at $107,094,000. This results from the acquisition of a further 454,955 shares in the previous quarter. Northern Trust Corporation increased its ownership of Lumen Technologies by 18.1% in the second quarter. After additional purchases in the last quarter, Northern Trust Corp. now has a total of 13,972,016 technology company shares currently valued at $152,435,000. These shares were purchased after the company made purchases totaling $2,144,757 in the prior quarter. Finally, during the first quarter, Charles Schwab Investment Management Inc. increased its stake in Lumen Technologies by 6.4%. Charles Schwab Investment Management Inc. now owns a total of 9,131,690 shares of the technology company after purchasing an additional 547,257 shares last quarter. These shares are worth a total of $102,914,000. 76.03% of the company’s shares are owned by institutional investors and hedge funds, which make up most of these shareholders.

On Friday, the opening price of a share on the NYSE LUMN was $6.04 per share. Over the past year, Lumen Technologies, Inc.’s stock has ranged in price from $4.99 to $12.93, with an average price per share traded of $12.93 during the period. The debt to equity ratio was calculated at 1.73, the current ratio was calculated at 1.08, and the quick ratio was also calculated at 1.08. Both the company’s price-to-earnings ratio of 3.02 and its beta value of 0.99 are very high. The company’s total value, represented by its market capitalization, is $6.25 billion. The stock’s 50-day simple moving average currently stands at $5.62 and the 200-day simple moving average currently stands at $8.09.

The most recent quarterly report for Lumen Technologies (NYSE: LUMN) was released to the public on November 2nd. The tech company’s earnings per share for the quarter came in at $0.14, well below analysts’ forecasts of $0.36. The difference was $0.22. Lumen Technologies had a return on equity of 13.58% and a net margin of 10.95%. The company is based in the United States. The company’s actual quarterly revenue was $4.39 billion, down from the consensus forecast of $4.41 billion, which was the company’s highest to date. According to forecasts by industry experts engaged in stock research, Lumen Technologies, Inc. is expected to post earnings per share of around $1.18 this year.

In related news, Martha Helena Bejar, director of Lumen Technologies, bought 12,500 shares of the company’s stock on Tuesday, November 8th. This information is relevant to the topic under discussion. The total cost of acquiring the shares was $79,500.00, which equates to a price of $6.36 per share spread across all shares. Following the closing of the transaction, the Director now directly owns 101,430 shares of the Company’s shares, collectively valued at $645,094.80. Following this link will take you to a document filed with the Securities and Exchange Commission (SEC). The document contains a detailed explanation of the reported transaction to the SEC. Steven T. Clontz, director of Lumen Technologies, invested in the company on November 29 by purchasing 5,000 shares. This is just one of the many points relevant to this topic. It was purchased for a total of $26,700.00 worth of company stock, averaging $5.34 per share. That was the price it was sold for.

The Director now directly owns 340,029 shares of the Company, which as a direct result of the transaction are valued at approximately $1,815,754.86. Following this link will take you to a document filed with the Securities and Exchange Commission (SEC). The document contains a detailed explanation of the reported transaction to the SEC. Martha Helena Bejar, also a director, invested in Lumen Technologies on November 8 by buying shares in the company. Bejar eventually bought 12,500 shares of the company. The shares, which were purchased for a total of $79,500.00 per share, despite having an average price per share of $6.36, will now be owned directly by the director upon the closing of the transaction. Based on the current share price, these shares are valued at approximately $645,094.80. You should look here if you are looking for disclosures related to this transaction. Insiders have bought 37,500 shares of the company’s shares over the past three months, spending a total of $224,600. At this point, company insiders are responsible for 0.76 percent of the company’s total stock.

In recent press releases, several equity analysts were polled for their opinion on LUM stock and provided their responses. Citigroup called the company “neutral” and announced a price cut in a research note published Thursday, October 13