Insider Buying: Old QVC Group (NASDAQ:QVCG) Major Shareholder Acquires $31,053.97 in Stock

Old QVC Group, Inc. (NASDAQ:QVCG) major shareholder Goldentree Asset Management Lp acquired 2,039 shares of the company’s stock in a transaction on Tuesday, August 25th. The shares were purchased at an average cost of $15.23 per share, with a total value of $31,053.97. Following the completion of the purchase, the insider directly owned 8,647,933 shares of the company’s stock, valued at $131,708,019.59. This trade represents a 0.02% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Goldentree Asset Management Lp also recently made the following trade(s):

• On Wednesday, August 26th, Goldentree Asset Management Lp bought 412 shares of Old QVC Group stock. The stock was purchased at an average cost of $15.29 per share, for a total transaction of $6,299.48.
• On Monday, August 24th, Goldentree Asset Management Lp bought 2,690 shares of Old QVC Group stock. The stock was purchased at an average price of $15.23 per share, with a total value of $40,968.70.
• On Friday, August 21st, Goldentree Asset Management Lp purchased 200 shares of Old QVC Group stock. The shares were purchased at an average cost of $15.24 per share, with a total value of $3,048.00.
• On Thursday, August 20th, Goldentree Asset Management Lp purchased 300 shares of Old QVC Group stock. The shares were purchased 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 acquired 13,980 shares of Old QVC Group stock. The stock was 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 acquired 400 shares of Old QVC Group stock. The stock was purchased at an average cost of $15.25 per share, for a total transaction of $6,100.00.
• On Monday, August 17th, Goldentree Asset Management Lp acquired 44,542 shares of Old QVC Group stock. The stock was purchased at an average cost of $15.18 per share, with a total value of $676,147.56.

Old QVC Group Trading Up 3.4%

Shares of NASDAQ:QVCG opened at $16.78 on Friday. Old QVC Group, Inc. has a 1 year low of $14.60 and a 1 year high of $20.00.

About Old QVC Group

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.