Investors Buy Shares of Liberty Interactive Corporation (QVCA) on Weakness on Insider Selling

Investors bought shares of Liberty Interactive Corporation (NASDAQ:QVCA) on weakness during trading hours on Monday following insider selling activity. $38.93 million flowed into the stock on the tick-up and $13.11 million flowed out of the stock on the tick-down, for a money net flow of $25.82 million into the stock. Of all stocks tracked, Liberty Interactive Corporation had the 32nd highest net in-flow for the day. Liberty Interactive Corporation traded down ($0.73) for the day and closed at $22.35Specifically, Director Mark C. Vadon sold 296,131 shares of the business’s stock in a transaction on Monday, August 21st. The shares were sold at an average price of $21.12, for a total transaction of $6,254,286.72. Following the transaction, the director now directly owns 2,030,300 shares in the company, valued at $42,879,936. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Mark C. Vadon sold 762,121 shares of the business’s stock in a transaction on Friday, August 18th. The stock was sold at an average price of $21.24, for a total transaction of $16,187,450.04. Following the transaction, the director now owns 2,030,300 shares in the company, valued at $43,123,572. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 3,500,007 shares of company stock worth $77,892,719. 10.68% of the stock is owned by corporate insiders.

QVCA has been the topic of a number of recent analyst reports. Craig Hallum set a $28.00 target price on shares of Liberty Interactive Corporation and gave the stock a “buy” rating in a report on Monday, July 10th. BidaskClub downgraded shares of Liberty Interactive Corporation from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 11th. Aegis boosted their target price on shares of Liberty Interactive Corporation from $31.00 to $33.00 and gave the stock a “buy” rating in a report on Friday, July 7th. Maxim Group lowered their target price on shares of 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, Citigroup Inc. lowered their target price on shares of Liberty Interactive Corporation from $28.00 to $27.00 and set a “buy” rating on the stock in a report on Monday, August 14th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $28.89.

The company has a market capitalization of $10.04 billion, a PE ratio of 23.10 and a beta of 1.25. The company has a 50-day moving average price of $22.85 and a 200-day moving average price of $22.85.

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Liberty Interactive Corporation by 3.8% during the 1st quarter. Vanguard Group Inc. now owns 33,386,058 shares of the company’s stock valued at $668,390,000 after purchasing an additional 1,209,952 shares during the last quarter. Dodge & Cox increased its position in shares of Liberty Interactive Corporation by 19.0% during the 2nd quarter. Dodge & Cox now owns 28,349,750 shares of the company’s stock valued at $695,703,000 after purchasing an additional 4,527,707 shares during the last quarter. Harris Associates L P increased its position in shares of Liberty Interactive Corporation by 2.6% during the 2nd quarter. Harris Associates L P now owns 24,183,983 shares of the company’s stock valued at $593,475,000 after purchasing an additional 618,514 shares during the last quarter. Clearbridge Investments LLC increased its position in shares of Liberty Interactive Corporation by 8.5% during the 1st quarter. Clearbridge Investments LLC now owns 18,010,441 shares of the company’s stock valued at $360,569,000 after purchasing an additional 1,413,144 shares during the last quarter. Finally, Makaira Partners LLC increased its position in shares of Liberty Interactive Corporation by 5.5% during the 2nd quarter. Makaira Partners LLC now owns 7,517,833 shares of the company’s stock valued at $184,488,000 after purchasing an additional 390,716 shares during the last quarter. 90.08% of the stock is owned by hedge funds and other institutional investors.

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QVCA has been the topic of a number of recent analyst reports. Craig Hallum set a $28.00 target price on shares of Liberty Interactive Corporation and gave the stock a “buy” rating in a report on Monday, July 10th. BidaskClub downgraded shares of Liberty Interactive Corporation from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 11th. Aegis boosted their target price on shares of Liberty Interactive Corporation from $31.00 to $33.00 and gave the stock a “buy” rating in a report on Friday, July 7th. Maxim Group lowered their target price on shares of 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, Citigroup Inc. lowered their target price on shares of Liberty Interactive Corporation from $28.00 to $27.00 and set a “buy” rating on the stock in a report on Monday, August 14th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $28.89.

The company has a market capitalization of $10.04 billion, a PE ratio of 23.10 and a beta of 1.25. The company has a 50-day moving average price of $22.85 and a 200-day moving average price of $22.85.

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Liberty Interactive Corporation by 3.8% during the 1st quarter. Vanguard Group Inc. now owns 33,386,058 shares of the company’s stock valued at $668,390,000 after purchasing an additional 1,209,952 shares during the last quarter. Dodge & Cox increased its position in shares of Liberty Interactive Corporation by 19.0% during the 2nd quarter. Dodge & Cox now owns 28,349,750 shares of the company’s stock valued at $695,703,000 after purchasing an additional 4,527,707 shares during the last quarter. Harris Associates L P increased its position in shares of Liberty Interactive Corporation by 2.6% during the 2nd quarter. Harris Associates L P now owns 24,183,983 shares of the company’s stock valued at $593,475,000 after purchasing an additional 618,514 shares during the last quarter. Clearbridge Investments LLC increased its position in shares of Liberty Interactive Corporation by 8.5% during the 1st quarter. Clearbridge Investments LLC now owns 18,010,441 shares of the company’s stock valued at $360,569,000 after purchasing an additional 1,413,144 shares during the last quarter. Finally, Makaira Partners LLC increased its position in shares of Liberty Interactive Corporation by 5.5% during the 2nd quarter. Makaira Partners LLC now owns 7,517,833 shares of the company’s stock valued at $184,488,000 after purchasing an additional 390,716 shares during the last quarter. 90.08% of the stock is owned by hedge funds and other institutional investors.

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Liberty Interactive Corporation Company Profile

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).

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