Insider Selling: Qurate Retail, Inc. (NASDAQ:QRTEA) Insider Sells 75,789 Shares of Stock

Qurate Retail, Inc. (NASDAQ:QRTEA) insider Renee L. Wilm sold 75,789 shares of the stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $0.97, for a total transaction of $73,515.33. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Qurate Retail Stock Up 1.8 %

Shares of QRTEA stock traded up $0.01 on Thursday, hitting $0.51. The stock had a trading volume of 2,127,036 shares, compared to its average volume of 3,802,630. Qurate Retail, Inc. has a 52-week low of $0.40 and a 52-week high of $1.80. The firm has a market capitalization of $199.44 million, a price-to-earnings ratio of -1.19 and a beta of 2.67. The company has a debt-to-equity ratio of 10.65, a quick ratio of 0.90 and a current ratio of 1.34. The stock’s 50 day moving average is $0.65 and its 200-day moving average is $0.84.

Qurate Retail (NASDAQ:QRTEA) last announced its earnings results on Thursday, August 8th. The company reported $0.05 earnings per share for the quarter. Qurate Retail had a positive return on equity of 33.57% and a negative net margin of 2.44%. The company had revenue of $2.41 billion during the quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Qurate Retail from a “sell” rating to a “hold” rating in a report on Tuesday, August 6th.

Institutional Investors Weigh In On Qurate Retail

Several hedge funds and other institutional investors have recently bought and sold shares of QRTEA. Charles Schwab Investment Management Inc. increased its position in shares of Qurate Retail by 37.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 14,986,921 shares of the company’s stock worth $13,121,000 after purchasing an additional 4,119,957 shares during the last quarter. Jump Financial LLC acquired a new position in Qurate Retail in the fourth quarter worth about $33,000. Vanguard Personalized Indexing Management LLC bought a new stake in Qurate Retail in the fourth quarter valued at about $29,000. Investment Management Associates Inc. ADV raised its stake in Qurate Retail by 8.5% during the fourth quarter. Investment Management Associates Inc. ADV now owns 2,069,350 shares of the company’s stock valued at $1,812,000 after buying an additional 161,805 shares in the last quarter. Finally, RPO LLC bought a new position in Qurate Retail during the 4th quarter worth approximately $80,000. 64.10% of the stock is currently owned by hedge funds and other institutional investors.

About Qurate Retail

Qurate Retail, Inc, together with its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. The company markets and sells various consumer products primarily through merchandise-focused televised shopping programs, Internet, and mobile applications. It also operates as an online retailer offering women's, children's, and men's apparel; and other products, such as home, accessories, and beauty products through its app, mobile, and desktop applications.