Old QVC Group (NASDAQ:QVCG) Major Shareholder Acquires 250,000 Shares of Company Stock

Old QVC Group, Inc. (NASDAQ:QVCG – Get Free Report) major shareholder Goldentree Asset Management Lp bought 250,000 shares of the firm’s stock in a transaction that occurred on Friday, October 2nd. The shares were purchased at an average cost of $13.85 per share, with a total value of $3,462,500.00. Following the acquisition, the insider directly owned 11,327,754 shares of the company’s stock, valued at approximately $156,889,392.90. This trade represents a 2.26% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

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

  • On Thursday, October 1st, Goldentree Asset Management Lp purchased 2,872 shares of Old QVC Group stock. The stock was acquired at an average price of $13.62 per share, for a total transaction of $39,116.64.
  • On Wednesday, September 30th, Goldentree Asset Management Lp acquired 2,907 shares of Old QVC Group stock. The shares were acquired at an average price of $13.61 per share, with a total value of $39,564.27.
  • On Thursday, September 24th, Goldentree Asset Management Lp acquired 80,000 shares of Old QVC Group stock. The stock was acquired at an average cost of $14.35 per share, for a total transaction of $1,148,000.00.
  • On Tuesday, September 8th, Goldentree Asset Management Lp acquired 1,600,000 shares of Old QVC Group stock. The stock was acquired at an average price of $16.25 per share, for a total transaction of $26,000,000.00.
  • On Thursday, September 3rd, Goldentree Asset Management Lp bought 720,000 shares of Old QVC Group stock. The shares were acquired at an average cost of $16.45 per share, with a total value of $11,844,000.00.
  • On Friday, August 28th, Goldentree Asset Management Lp bought 915 shares of Old QVC Group stock. The shares were acquired at an average price of $15.98 per share, with a total value of $14,621.70.
  • On Thursday, August 27th, Goldentree Asset Management Lp purchased 22,694 shares of Old QVC Group stock. The stock was acquired at an average cost of $15.79 per share, for a total transaction of $358,338.26.
  • On Wednesday, August 26th, Goldentree Asset Management Lp purchased 412 shares of Old QVC Group stock. The shares were bought at an average cost of $15.29 per share, for a total transaction of $6,299.48.
  • On Tuesday, August 25th, Goldentree Asset Management Lp acquired 2,039 shares of Old QVC Group stock. The shares were bought at an average price of $15.23 per share, with a total value of $31,053.97.
  • On Monday, August 24th, Goldentree Asset Management Lp acquired 2,690 shares of Old QVC Group stock. The stock was bought at an average cost of $15.23 per share, with a total value of $40,968.70.

Old QVC Group Stock Performance

Shares of QVCG traded down $0.76 during mid-day trading on Tuesday, reaching $13.31. The company had a trading volume of 139,540 shares, compared to its average volume of 333,953. Old QVC Group, Inc. has a 52-week low of $13.25 and a 52-week high of $20.00.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Old QVC Group to a “hold” rating in a report on Saturday, September 19th.

View Our Latest Stock Report on QVCG

Old QVC Group Company Profile

(Get Free Report)

Old QVC Group is a multimedia retail company focused on selling consumer products through television shopping networks, e-commerce platforms and other digital channels. Its principal brands include QVC and HSN, which offer merchandise such as apparel, beauty products, home goods, electronics, jewelry and lifestyle products.

The company uses televised programming, websites, mobile applications, streaming video and social media to present products, provide demonstrations and engage customers.

See Also

Insider Buying and Selling by Quarter for Old QVC Group (NASDAQ:QVCG)

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