Analysts at DA Davidson initiated coverage on shares of Liberty Interactive Corporation (NASDAQ:QVCA) in a research note issued to investors on Wednesday. The firm set a “buy” rating and a $33.00 price target on the stock. DA Davidson’s price objective would suggest a potential upside of 42.67% from the company’s previous close.

QVCA has been the topic of a number of other reports. Craig Hallum set a $28.00 price target on shares of Liberty Interactive Corporation and gave the stock a “buy” rating in a research report on Monday, July 10th. BidaskClub cut shares of Liberty Interactive Corporation from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 11th. Aegis lifted their price target on shares of Liberty Interactive Corporation from $31.00 to $33.00 and gave the stock a “buy” rating in a research report on Friday, July 7th. Maxim Group reduced their price target on shares of Liberty Interactive Corporation from $39.00 to $37.00 and set a “buy” rating on the stock in a research report on Friday, July 7th. Finally, ValuEngine raised shares of Liberty Interactive Corporation from a “hold” rating to a “buy” rating in a research report on Monday, August 7th. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Liberty Interactive Corporation presently has an average rating of “Buy” and an average target price of $29.11.

Shares of Liberty Interactive Corporation (QVCA) opened at 23.13 on Wednesday. The firm has a market capitalization of $10.44 billion, a P/E ratio of 24.02 and a beta of 1.23. Liberty Interactive Corporation has a 52 week low of $17.24 and a 52 week high of $26.00. The firm’s 50-day moving average is $22.64 and its 200 day moving average is $22.30.

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In related news, Director David E. Rapley sold 6,019 shares of the firm’s stock in a transaction on Thursday, August 17th. The shares were sold at an average price of $21.47, for a total transaction of $129,227.93. Following the sale, the director now directly owns 10,157 shares in the company, valued at $218,070.79. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Mark C. Vadon sold 296,131 shares of the firm’s stock in a transaction on Monday, August 21st. The stock was sold at an average price of $21.12, for a total transaction of $6,254,286.72. Following the sale, the director now owns 2,030,300 shares in the company, valued at $42,879,936. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 2,342,522 shares of company stock worth $51,226,271. 10.68% of the stock is currently owned by company insiders.

Several large investors have recently modified their holdings of QVCA. Dodge & Cox raised its holdings in shares of Liberty Interactive Corporation by 19.0% during the second quarter. Dodge & Cox now owns 28,349,750 shares of the company’s stock worth $695,703,000 after acquiring an additional 4,527,707 shares during the period. Jana Partners LLC acquired a new stake in shares of Liberty Interactive Corporation during the first quarter worth $59,184,000. Numeric Investors LLC acquired a new stake in shares of Liberty Interactive Corporation during the second quarter worth $67,939,000. Public Employees Retirement Association of Colorado raised its holdings in shares of Liberty Interactive Corporation by 2,044.6% during the second quarter. Public Employees Retirement Association of Colorado now owns 1,606,411 shares of the company’s stock worth $39,421,000 after acquiring an additional 1,531,506 shares during the period. Finally, P Schoenfeld Asset Management LP acquired a new stake in shares of Liberty Interactive Corporation during the second quarter worth $37,404,000. Institutional investors and hedge funds own 88.91% of the company’s stock.

About Liberty Interactive Corporation

Liberty Interactive Corporation owns interests in subsidiaries and other companies, which are primarily engaged in the video and online commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. Its principal businesses and assets include its subsidiaries QVC, Inc (QVC), zulily, llc (zulily) and and Evite, Inc (Evite).

Analyst Recommendations for Liberty Interactive Corporation (NASDAQ:QVCA)

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