Liberty Interactive Corporation (QVCA) Shares Sold by Marathon Partners Equity Management LLC

Marathon Partners Equity Management LLC decreased its position in shares of Liberty Interactive Corporation (NASDAQ:QVCA) by 18.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 280,000 shares of the company’s stock after selling 65,000 shares during the period. Liberty Interactive makes up approximately 2.9% of Marathon Partners Equity Management LLC’s investment portfolio, making the stock its 16th biggest position. Marathon Partners Equity Management LLC owned 0.07% of Liberty Interactive worth $6,600,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of QVCA. Shine Investment Advisory Services Inc. purchased a new position in shares of Liberty Interactive during the second quarter valued at about $100,000. Highstreet Asset Management Inc. bought a new position in shares of Liberty Interactive in the 3rd quarter valued at about $120,000. Toronto Dominion Bank lifted its holdings in shares of Liberty Interactive by 18.2% in the 2nd quarter. Toronto Dominion Bank now owns 5,378 shares of the company’s stock valued at $132,000 after acquiring an additional 829 shares during the last quarter. Fiduciary Trust Co. bought a new position in shares of Liberty Interactive in the 2nd quarter valued at about $144,000. Finally, Global X Management Co. LLC lifted its holdings in shares of Liberty Interactive by 1.1% in the 2nd quarter. Global X Management Co. LLC now owns 6,036 shares of the company’s stock valued at $148,000 after acquiring an additional 67 shares during the last quarter. Hedge funds and other institutional investors own 97.07% of the company’s stock.

QVCA has been the subject of a number of analyst reports. Aegis increased their price target on shares of Liberty Interactive from $34.00 to $35.00 and gave the company a “buy” rating in a report on Friday, November 17th. ValuEngine raised shares of Liberty Interactive from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Zacks Investment Research downgraded shares of Liberty Interactive from a “hold” rating to a “sell” rating in a research note on Tuesday, September 19th. UBS raised their target price on shares of Liberty Interactive from $27.00 to $28.00 and gave the stock a “buy” rating in a research report on Friday, November 10th. Finally, Citigroup lowered shares of Liberty Interactive from a “neutral” rating to a “sell” rating and reduced their target price for the stock from $27.00 to $22.00 in a research report on Thursday, September 28th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and ten have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $29.50.

Liberty Interactive Corporation (NASDAQ:QVCA) opened at $24.75 on Thursday. The stock has a market cap of $9,947.22, a P/E ratio of 14.17, a P/E/G ratio of 1.59 and a beta of 1.32. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.73 and a current ratio of 1.18. Liberty Interactive Corporation has a 1-year low of $17.24 and a 1-year high of $26.00.

In related news, Director Malcolm Ian Grant Gilchrist sold 2,335 shares of Liberty Interactive stock in a transaction that occurred on Monday, September 25th. The shares were sold at an average price of $24.08, for a total transaction of $56,226.80. Following the transaction, the director now directly owns 955 shares of the company’s stock, valued at $22,996.40. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Mark C. Vadon sold 475,153 shares of Liberty Interactive stock in a transaction that occurred on Thursday, October 5th. The shares were sold at an average price of $23.46, for a total transaction of $11,147,089.38. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,286,785 shares of company stock worth $29,532,584. 10.68% of the stock is currently owned by corporate insiders.

COPYRIGHT VIOLATION NOTICE: “Liberty Interactive Corporation (QVCA) Shares Sold by Marathon Partners Equity Management LLC” was first reported by Community Financial News and is the sole property of of Community Financial News. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States and international trademark & copyright laws. The legal version of this article can be read at https://www.com-unik.info/2017/12/07/liberty-interactive-corporation-qvca-shares-sold-by-marathon-partners-equity-management-llc.html.

About Liberty Interactive

Liberty Interactive Corporation owns interests in subsidiaries and other companies, which are primarily engaged in the video and online commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. Its principal businesses and assets include its subsidiaries QVC, Inc (QVC), zulily, llc (zulily) and and Evite, Inc (Evite).

Want to see what other hedge funds are holding QVCA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Interactive Corporation (NASDAQ:QVCA).

Institutional Ownership by Quarter for Liberty Interactive (NASDAQ:QVCA)

What are top analysts saying about Liberty Interactive Corporation? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Liberty Interactive Corporation and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit