Liberty Interactive Corp. (NASDAQ:LVNTA) shares shot up 3.7% during trading on Thursday . The stock traded as high as $40.25 and last traded at $40.25, with a volume of 713,363 shares traded. The stock had previously closed at $38.81.

Several research firms have commented on LVNTA. Zacks Investment Research raised shares of Liberty Interactive Corp. from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a research note on Wednesday, May 11th. TheStreet raised shares of Liberty Interactive Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, May 10th. FBR & Co reissued an “outperform” rating and set a $43.00 target price on shares of Liberty Interactive Corp. in a research note on Tuesday, April 5th. Pivotal Research assumed coverage on shares of Liberty Interactive Corp. in a research note on Wednesday, June 8th. They set a “buy” rating and a $48.00 target price for the company. Finally, Citigroup Inc. raised shares of Liberty Interactive Corp. from a “neutral” rating to a “buy” rating and boosted their target price for the company from $43.00 to $45.00 in a research note on Thursday, June 9th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Liberty Interactive Corp. presently has a consensus rating of “Buy” and an average price target of $45.00.

The stock has a market capitalization of $5.78 billion and a PE ratio of 27.65. The firm’s 50 day moving average is $37.47 and its 200-day moving average is $38.16.

In related news, Director Michael A. George sold 150,000 shares of the stock in a transaction on Monday, July 11th. The stock was sold at an average price of $26.24, for a total value of $3,936,000.00. Following the completion of the transaction, the director now directly owns 1,081,179 shares of the company’s stock, valued at approximately $28,370,136.96. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Mark C. Vadon sold 40,475 shares of the stock in a transaction on Tuesday, April 26th. The shares were sold at an average price of $26.68, for a total value of $1,079,873.00. Following the completion of the transaction, the director now directly owns 3,331,374 shares of the company’s stock, valued at $88,881,058.32. The disclosure for this sale can be found here.

Several hedge funds recently modified their holdings of the company. Dimensional Fund Advisors LP increased its stake in shares of Liberty Interactive Corp. by 0.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,879,444 shares of the company’s stock worth $84,773,000 after buying an additional 7,444 shares during the period. Marshall Wace LLP bought a new stake in shares of Liberty Interactive Corp. during the fourth quarter worth about $20,143,000. Napier Park Global Capital US LP bought a new stake in shares of Liberty Interactive Corp. during the fourth quarter worth about $2,851,000. Principal Financial Group Inc. increased its stake in shares of Liberty Interactive Corp. by 1.9% in the fourth quarter. Principal Financial Group Inc. now owns 4,765,927 shares of the company’s stock worth $214,990,000 after buying an additional 90,294 shares during the period. Finally, Madison Investment Holdings Inc. increased its stake in shares of Liberty Interactive Corp. by 39.0% in the fourth quarter. Madison Investment Holdings Inc. now owns 942,160 shares of the company’s stock worth $42,501,000 after buying an additional 264,162 shares during the period.

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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