Several other analysts have also recently weighed in on QVCA. DA Davidson reissued a buy rating and issued a $37.00 price objective on shares of Liberty Interactive in a research note on Wednesday, January 3rd. Zacks Investment Research cut shares of Liberty Interactive from a buy rating to a hold rating in a research note on Tuesday, January 2nd. BidaskClub raised shares of Liberty Interactive from a sell rating to a hold rating in a research note on Thursday, December 21st. Aegis boosted their price objective on shares of Liberty Interactive from $34.00 to $35.00 and gave the stock a buy rating in a research note on Friday, November 17th. Finally, UBS Group boosted their price objective on shares of Liberty Interactive from $27.00 to $28.00 and gave the stock a buy rating in a research note on Friday, November 10th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus price target of $30.00.
Shares of Liberty Interactive (NASDAQ:QVCA) traded up $0.50 during trading hours on Wednesday, hitting $26.65. 2,572,800 shares of the stock traded hands, compared to its average volume of 4,146,612. The firm has a market capitalization of $16,410.00, a P/E ratio of 24.01, a PEG ratio of 1.76 and a beta of 1.33. The company has a quick ratio of 0.73, a current ratio of 1.18 and a debt-to-equity ratio of 0.93. Liberty Interactive has a 52 week low of $17.24 and a 52 week high of $26.93.
In other news, Director Malcolm Ian Grant Gilchrist sold 3,765 shares of the stock in a transaction dated Tuesday, December 19th. The shares were sold at an average price of $26.38, for a total transaction of $99,320.70. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director David E. Rapley sold 4,300 shares of the 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 disclosure for this sale can be found here. Corporate insiders own 10.68% of the company’s stock.
Hedge funds have recently added to or reduced their stakes in the company. Highstreet Asset Management Inc. acquired a new stake in shares of Liberty Interactive in the 3rd quarter worth about $120,000. Toronto Dominion Bank raised 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 worth $132,000 after acquiring an additional 829 shares during the last quarter. Fiduciary Trust Co. acquired a new stake in shares of Liberty Interactive in the 2nd quarter worth about $144,000. South Street Advisors LLC acquired a new stake in shares of Liberty Interactive in the 2nd quarter worth about $231,000. Finally, Crossmark Global Holdings Inc. acquired a new stake in shares of Liberty Interactive in the 3rd quarter worth about $268,000. 86.64% of the stock is currently owned by institutional investors.
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Liberty Interactive 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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