Old QVC Group (NASDAQ:QVCG) Stock: Insider Goldentree Asset Management Lp Buys 1,352,000 Shares

Old QVC Group, Inc. (NASDAQ:QVCG – Get Free Report) major shareholder Goldentree Asset Management Lp acquired 1,352,000 shares of the company’s stock in a transaction that occurred on Friday, October 9th. The stock was purchased at an average price of $12.35 per share, for a total transaction of $16,697,200.00. Following the acquisition, the insider directly owned 12,679,754 shares of the company’s stock, valued at $156,594,961.90. The trade was a 11.94% 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 at least 10% 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 Friday, October 2nd, Goldentree Asset Management Lp bought 250,000 shares of Old QVC Group stock. The stock was acquired at an average price of $13.85 per share, with a total value of $3,462,500.00.
  • On Thursday, October 1st, Goldentree Asset Management Lp bought 2,872 shares of Old QVC Group stock. The stock was acquired at an average price of $13.62 per share, with a total value of $39,116.64.
  • On Wednesday, September 30th, Goldentree Asset Management Lp bought 2,907 shares of Old QVC Group stock. The stock was acquired at an average cost of $13.61 per share, with a total value of $39,564.27.
  • On Thursday, September 24th, Goldentree Asset Management Lp bought 80,000 shares of Old QVC Group stock. The stock was acquired at an average cost of $14.35 per share, with a total value of $1,148,000.00.
  • On Tuesday, September 8th, Goldentree Asset Management Lp purchased 1,600,000 shares of Old QVC Group stock. The shares were 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 purchased 720,000 shares of Old QVC Group stock. The shares were acquired at an average price of $16.45 per share, for a total transaction of $11,844,000.00.
  • On Friday, August 28th, Goldentree Asset Management Lp purchased 915 shares of Old QVC Group stock. The shares were acquired at an average price of $15.98 per share, for a total transaction of $14,621.70.
  • On Thursday, August 27th, Goldentree Asset Management Lp purchased 22,694 shares of Old QVC Group stock. The shares were acquired at an average price of $15.79 per share, for a total transaction of $358,338.26.
  • On Wednesday, August 26th, Goldentree Asset Management Lp acquired 412 shares of Old QVC Group stock. The stock was acquired 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 acquired 2,039 shares of Old QVC Group stock. The stock was acquired at an average cost of $15.23 per share, with a total value of $31,053.97.

Old QVC Group Trading Down 6.7%

NASDAQ:QVCG traded down $0.75 during trading hours on Wednesday, reaching $10.43. The company’s stock had a trading volume of 156,413 shares, compared to its average volume of 340,624. Old QVC Group, Inc. has a one year low of $10.20 and a one year high of $20.00. The business has a 50-day moving average of $15.13.

Analyst Ratings Changes

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

View Our Latest Report on Old QVC Group

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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