First Trust Advisors LP lessened its position in shares of Liberty Interactive Corporation (NASDAQ:LVNTA) by 15.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 163,561 shares of the company’s stock after selling 30,074 shares during the period. First Trust Advisors LP owned about 0.20% of Liberty Interactive Corporation worth $9,413,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Archon Partners LLC lifted its position in shares of Liberty Interactive Corporation by 1.3% during the 2nd quarter. Archon Partners LLC now owns 23,700 shares of the company’s stock worth $1,239,000 after buying an additional 300 shares during the last quarter. Janus Capital Management LLC raised its position in Liberty Interactive Corporation by 62.2% in the 1st quarter. Janus Capital Management LLC now owns 11,000 shares of the company’s stock valued at $489,000 after purchasing an additional 4,220 shares during the last quarter. Gamco Investors INC. ET AL raised its position in Liberty Interactive Corporation by 1.3% in the 2nd quarter. Gamco Investors INC. ET AL now owns 358,963 shares of the company’s stock valued at $18,770,000 after purchasing an additional 4,640 shares during the last quarter. BlackRock Inc. raised its position in Liberty Interactive Corporation by 14,891.7% in the 1st quarter. BlackRock Inc. now owns 3,550,325 shares of the company’s stock valued at $157,917,000 after purchasing an additional 3,526,643 shares during the last quarter. Finally, State Street Corp purchased a new stake in Liberty Interactive Corporation in the 1st quarter valued at $53,753,000. Institutional investors own 92.39% of the company’s stock.
In other Liberty Interactive Corporation news, Director Mark C. Vadon sold 273,729 shares of the business’s stock in a transaction on Wednesday, October 4th. The shares were sold at an average price of $23.39, for a total value of $6,402,521.31. Following the transaction, the director now directly owns 630,300 shares of the company’s stock, valued at approximately $14,742,717. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Malcolm Ian Grant Gilchrist sold 2,335 shares of the business’s stock in a transaction on Monday, September 25th. The shares were sold at an average price of $24.08, for a total transaction of $56,226.80. Following the completion of the transaction, the director now directly owns 955 shares in the company, valued at $22,996.40. The disclosure for this sale can be found here. Insiders sold a total of 602,488 shares of company stock worth $13,969,298 over the last three months.
Several analysts recently commented on the stock. Pivotal Research reiterated a “buy” rating and issued a $68.00 price target (up previously from $66.00) on shares of Liberty Interactive Corporation in a research report on Tuesday, August 15th. FBR & Co reiterated a “buy” rating and issued a $78.00 price target (up previously from $60.00) on shares of Liberty Interactive Corporation in a research report on Monday, August 14th. ValuEngine downgraded shares of Liberty Interactive Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Finally, B. Riley reiterated a “buy” rating on shares of Liberty Interactive Corporation in a research report on Wednesday, November 1st. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $73.00.
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Liberty Interactive Corporation (NASDAQ LVNTA) opened at $56.57 on Friday. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.21 and a quick ratio of 0.76. The stock has a market cap of $4,601.86, a price-to-earnings ratio of 22.01 and a beta of 1.09. Liberty Interactive Corporation has a 12 month low of $36.58 and a 12 month high of $62.41.
About Liberty Interactive Corporation
Liberty Interactive Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the video and online commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. Its businesses and assets include its consolidated subsidiaries QVC, Inc (QVC), Backcountry.com, Inc (Backcountry), Bodybuilding.com, LLC (Bodybuilding), CommerceHub and Evite, Inc (Evite) and its equity affiliates Expedia, Inc (Expedia), HSN, Inc (HSN), FTD Companies, Inc (FTD), Interval Leisure Group, Inc (Interval Leisure Group) and LendingTree, Inc (LendingTree).
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