Insider Buying: Old QVC Group (NASDAQ:QVCG) Major Shareholder Buys 915 Shares of Stock

Old QVC Group, Inc. (NASDAQ:QVCG) major shareholder Goldentree Asset Management Lp purchased 915 shares of the business’s stock in a transaction on Friday, August 28th. The shares were bought at an average price of $15.98 per share, for a total transaction of $14,621.70. Following the acquisition, the insider owned 8,671,954 shares in the company, valued at $138,577,824.92. This trade represents a 0.01% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Major 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, August 27th, Goldentree Asset Management Lp purchased 22,694 shares of Old QVC Group stock. The stock was bought 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 acquired 412 shares of Old QVC Group stock. The stock was bought at an average price 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 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 shares were bought at an average cost of $15.23 per share, with a total value 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, for a total transaction of $3,048.00.
• On Thursday, August 20th, Goldentree Asset Management Lp bought 300 shares of Old QVC Group stock. The stock was purchased at an average cost of $15.25 per share, for a total transaction of $4,575.00.
• On Wednesday, August 19th, Goldentree Asset Management Lp purchased 13,980 shares of Old QVC Group stock. The stock was purchased at an average price 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 shares were purchased at an average price of $15.25 per share, with a total value 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, for a total transaction of $676,147.56.

Old QVC Group Price Performance

NASDAQ:QVCG traded up $0.81 during trading hours on Monday, hitting $17.59. The company’s stock had a trading volume of 235,744 shares, compared to its average volume of 134,990. Old QVC Group, Inc. has a 52-week low of $14.60 and a 52-week high of $20.00.

Old QVC Group Company Profile

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.