Liberty Interactive Sees Unusually Large Options Volume (QVCA)

Liberty Interactive Corporation (NASDAQ:QVCA) was the target of some unusual options trading on Wednesday. Investors purchased 2,120 call options on the company. This represents an increase of 998% compared to the average volume of 193 call options.

In other news, Director David E. Rapley sold 4,300 shares of the company’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $23.52, for a total transaction of $101,136.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Malcolm Ian Grant Gilchrist sold 2,335 shares of the company’s stock in a transaction dated Monday, September 25th. The shares were sold at an average price of $24.08, for a total value of $56,226.80. Following the sale, the director now owns 955 shares in the company, valued at $22,996.40. The disclosure for this sale can be found here. Insiders sold a total of 1,290,550 shares of company stock worth $29,631,905 over the last 90 days. 10.68% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Atlantic Trust Group LLC boosted its stake in Liberty Interactive by 4.2% in the third quarter. Atlantic Trust Group LLC now owns 188,473 shares of the company’s stock worth $4,443,000 after buying an additional 7,531 shares in the last quarter. Parametric Portfolio Associates LLC boosted its stake in shares of Liberty Interactive by 3.8% during the third quarter. Parametric Portfolio Associates LLC now owns 2,073,250 shares of the company’s stock valued at $48,867,000 after purchasing an additional 74,954 shares during the period. Gofen & Glossberg LLC IL boosted its stake in shares of Liberty Interactive by 30.6% during the third quarter. Gofen & Glossberg LLC IL now owns 37,301 shares of the company’s stock valued at $879,000 after purchasing an additional 8,742 shares during the period. California Public Employees Retirement System boosted its stake in shares of Liberty Interactive by 1.8% during the third quarter. California Public Employees Retirement System now owns 1,197,510 shares of the company’s stock valued at $28,225,000 after purchasing an additional 21,148 shares during the period. Finally, Virtu Financial LLC purchased a new stake in shares of Liberty Interactive during the third quarter valued at approximately $1,059,000. 97.02% of the stock is owned by institutional investors.

Several brokerages have recently weighed in on QVCA. BidaskClub upgraded Liberty Interactive from a “sell” rating to a “hold” rating in a research report on Thursday. ValuEngine raised Liberty Interactive from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. DA Davidson reissued a “buy” rating and set a $33.00 price objective on shares of Liberty Interactive in a report on Thursday, November 30th. Citigroup lowered Liberty Interactive from a “neutral” rating to a “sell” rating and cut their price objective for the stock from $27.00 to $22.00 in a report on Thursday, September 28th. Finally, Aegis boosted their price objective on Liberty Interactive from $34.00 to $35.00 and gave the stock a “buy” rating in a report on Friday, November 17th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and nine have issued a buy rating to the company’s stock. Liberty Interactive currently has an average rating of “Buy” and a consensus price target of $29.50.

Liberty Interactive (NASDAQ QVCA) opened at $26.18 on Friday. Liberty Interactive has a twelve month low of $17.24 and a twelve month high of $26.79. The company has a current ratio of 1.18, a quick ratio of 0.73 and a debt-to-equity ratio of 0.93. The company has a market capitalization of $10,613.04, a PE ratio of 23.80, a PEG ratio of 1.68 and a beta of 1.32.

WARNING: This piece of content was originally published by Community Financial News and is the property of of Community Financial News. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of US & international trademark & copyright legislation. The original version of this piece of content can be viewed at https://www.com-unik.info/2017/12/23/liberty-interactive-sees-unusually-large-options-volume-qvca.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).

Receive News & Ratings for Liberty Interactive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Interactive and related companies with MarketBeat.com's FREE daily email newsletter.

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