Old QVC Group (NASDAQ:QVCG) Major Shareholder Goldentree Asset Management Lp Buys 22,694 Shares

Old QVC Group, Inc. (NASDAQ:QVCG) major shareholder Goldentree Asset Management Lp purchased 22,694 shares of the stock in a transaction on Thursday, August 27th. The stock was bought at an average price of $15.79 per share, for a total transaction of $358,338.26. Following the completion of the transaction, the insider directly owned 8,671,039 shares of the company’s stock, valued at approximately $136,915,705.81. This trade represents a 0.26% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

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

• On Friday, August 28th, Goldentree Asset Management Lp acquired 915 shares of Old QVC Group stock. The shares were bought at an average price of $15.98 per share, with a total value of $14,621.70.
• On Wednesday, August 26th, Goldentree Asset Management Lp acquired 412 shares of Old QVC Group stock. The shares were bought at an average cost of $15.29 per share, with a total value of $6,299.48.
• On Tuesday, August 25th, Goldentree Asset Management Lp bought 2,039 shares of Old QVC Group stock. The stock was purchased at an average price of $15.23 per share, for a total transaction of $31,053.97.
• On Monday, August 24th, Goldentree Asset Management Lp bought 2,690 shares of Old QVC Group stock. The stock was purchased at an average cost of $15.23 per share, for a total transaction of $40,968.70.
• On Friday, August 21st, Goldentree Asset Management Lp bought 200 shares of Old QVC Group stock. The shares were purchased at an average price of $15.24 per share, with a total value of $3,048.00.
• On Thursday, August 20th, Goldentree Asset Management Lp bought 300 shares of Old QVC Group stock. The shares were purchased at an average price of $15.25 per share, with a total value of $4,575.00.
• On Wednesday, August 19th, Goldentree Asset Management Lp purchased 13,980 shares of Old QVC Group stock. The shares were purchased at an average cost of $15.21 per share, with a total value of $212,635.80.
• On Tuesday, August 18th, Goldentree Asset Management Lp purchased 400 shares of Old QVC Group stock. The stock was purchased at an average price 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 shares were purchased at an average cost of $15.18 per share, for a total transaction of $676,147.56.

Old QVC Group Stock Up 4.8%

Shares of NASDAQ QVCG traded up $0.81 during mid-day trading on Monday, hitting $17.59. 235,744 shares of the stock were exchanged, compared to its average volume of 134,990. Old QVC Group, Inc. has a twelve month low of $14.60 and a twelve month 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.