Old QVC Group (NASDAQ:QVCG) Major Shareholder Goldentree Asset Management Lp Purchases 80,000 Shares of Company Stock

Old QVC Group, Inc. (NASDAQ:QVCG – Get Free Report) major shareholder Goldentree Asset Management Lp bought 80,000 shares of Old QVC Group stock in a transaction on Thursday, September 24th. The shares were acquired at an average price of $14.35 per share, for a total transaction of $1,148,000.00. Following the completion of the acquisition, the insider owned 11,071,975 shares in the company, valued at $158,882,841.25. This represents a 0.73% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

  • On Tuesday, September 8th, Goldentree Asset Management Lp purchased 1,600,000 shares of Old QVC Group stock. The stock was acquired at an average price of $16.25 per share, with a total value of $26,000,000.00.
  • On Thursday, September 3rd, Goldentree Asset Management Lp acquired 720,000 shares of Old QVC Group stock. The shares were bought at an average cost of $16.45 per share, for a total transaction of $11,844,000.00.
  • On Friday, August 28th, Goldentree Asset Management Lp acquired 915 shares of Old QVC Group stock. The stock was bought 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 bought 22,694 shares of Old QVC Group stock. The stock was bought at an average price of $15.79 per share, with a total value of $358,338.26.
  • On Wednesday, August 26th, Goldentree Asset Management Lp bought 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 purchased 2,039 shares of Old QVC Group stock. The shares were bought 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 purchased 2,690 shares of Old QVC Group stock. The stock was bought 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 purchased 200 shares of Old QVC Group stock. The stock was bought at an average cost of $15.24 per share, for a total transaction of $3,048.00.
  • On Thursday, August 20th, Goldentree Asset Management Lp acquired 300 shares of Old QVC Group stock. The stock was bought 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 acquired 13,980 shares of Old QVC Group stock. The shares were bought at an average cost of $15.21 per share, with a total value of $212,635.80.

Old QVC Group Stock Performance

Shares of QVCG stock traded down $0.07 during trading hours on Monday, reaching $14.14. 177,673 shares of the stock were exchanged, compared to its average volume of 355,646. Old QVC Group, Inc. has a 12-month low of $13.68 and a 12-month high of $20.00.

Analyst Ratings Changes

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

Get Our Latest Report on QVCG

About Old QVC Group

(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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