Liberty Interactive Corporation (QVCA) Shares Sold by Neuberger Berman Group LLC

Neuberger Berman Group LLC cut its position in shares of Liberty Interactive Corporation (NASDAQ:QVCA) by 90.2% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 68,819 shares of the company’s stock after selling 634,793 shares during the period. Neuberger Berman Group LLC’s holdings in Liberty Interactive Corporation were worth $1,689,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Pacer Advisors Inc. raised its position in Liberty Interactive Corporation by 23.8% during the 2nd quarter. Pacer Advisors Inc. now owns 29,146 shares of the company’s stock valued at $716,000 after purchasing an additional 5,596 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp increased its holdings in shares of Liberty Interactive Corporation by 6.0% in the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 903,920 shares of the company’s stock valued at $22,182,000 after acquiring an additional 51,196 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in shares of Liberty Interactive Corporation by 21.6% in the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 131,510 shares of the company’s stock valued at $3,227,000 after acquiring an additional 23,342 shares during the period. Andra AP fonden increased its holdings in shares of Liberty Interactive Corporation by 87.5% in the 2nd quarter. Andra AP fonden now owns 59,800 shares of the company’s stock valued at $1,467,000 after acquiring an additional 27,900 shares during the period. Finally, Robeco Institutional Asset Management B.V. increased its holdings in shares of Liberty Interactive Corporation by 655.3% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 42,495 shares of the company’s stock valued at $1,043,000 after acquiring an additional 36,869 shares during the period. 88.91% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have recently issued reports on QVCA shares. Zacks Investment Research downgraded Liberty Interactive Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, July 18th. Aegis lifted their price target on Liberty Interactive Corporation from $31.00 to $33.00 and gave the company a “buy” rating in a report on Friday, July 7th. BidaskClub upgraded Liberty Interactive Corporation from a “buy” rating to a “strong-buy” rating in a report on Wednesday, June 28th. Maxim Group cut their price target on Liberty Interactive Corporation from $39.00 to $37.00 and set a “buy” rating on the stock in a report on Friday, July 7th. Finally, FBN Securities downgraded Liberty Interactive Corporation from an “outperform” rating to a “sector perform” rating in a report on Thursday, July 6th. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Liberty Interactive Corporation has a consensus rating of “Buy” and a consensus price target of $29.11.

In other Liberty Interactive Corporation news, Director David E. Rapley sold 6,019 shares of the firm’s stock in a transaction on Thursday, August 17th. The stock was sold at an average price of $21.47, for a total value of $129,227.93. Following the sale, the director now directly owns 10,157 shares in the company, valued at $218,070.79. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Mark C. Vadon sold 481,558 shares of the firm’s stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $22.00, for a total value of $10,594,276.00. Following the completion of the sale, the director now owns 2,030,300 shares in the company, valued at $44,666,600. The disclosure for this sale can be found here. Over the last quarter, insiders sold 2,342,522 shares of company stock worth $51,226,271. Insiders own 10.68% of the company’s stock.

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Liberty Interactive Corporation (NASDAQ:QVCA) opened at 23.12 on Friday. Liberty Interactive Corporation has a 52 week low of $17.24 and a 52 week high of $26.00. The stock has a market capitalization of $10.43 billion, a P/E ratio of 24.01 and a beta of 1.23. The company’s 50-day moving average price is $22.60 and its 200 day moving average price is $22.32.

About Liberty Interactive Corporation

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).

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

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