Old QVC Group, Inc. (NASDAQ:QVCG – Get Free Report) major shareholder Goldentree Asset Management Lp purchased 44,542 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was purchased at an average price of $15.18 per share, with a total value of $676,147.56. Following the completion of the purchase, the insider directly owned 8,628,324 shares of the company’s stock, valued at approximately $130,977,958.32. This represents a 0.52% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Goldentree Asset Management Lp also recently made the following trade(s):
- On Thursday, August 20th, Goldentree Asset Management Lp acquired 300 shares of Old QVC Group stock. The shares were bought at an average price of $15.25 per share, for a total transaction of $4,575.00.
- On Wednesday, August 19th, Goldentree Asset Management Lp bought 13,980 shares of Old QVC Group stock. The shares were purchased at an average cost of $15.21 per share, for a total transaction of $212,635.80.
- On Tuesday, August 18th, Goldentree Asset Management Lp purchased 400 shares of Old QVC Group stock. The stock was bought at an average cost of $15.25 per share, for a total transaction of $6,100.00.
Old QVC Group Stock Down 1.9%
QVCG opened at $15.50 on Friday. Old QVC Group, Inc. has a 12-month low of $14.60 and a 12-month high of $20.00.
Old QVC Group Company Profile
Old QVC Group (NASDAQ:QVCG) is a video and livestream commerce company whose operations center on QVC and HSN. The company combines television shopping, online retail, mobile applications and social commerce to offer products directly to consumers. Its merchandise generally includes apparel, beauty products, home goods, electronics, jewelry and other consumer products.
QVC Group traces its history to QVC, which was founded in 1986, and HSN, an earlier home-shopping network established in 1977.
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