Old QVC Group (NASDAQ:QVCG) Major Shareholder Goldentree Asset Management Lp Buys 1,600,000 Shares of Stock

Old QVC Group, Inc. (NASDAQ:QVCGGet Free Report) major shareholder Goldentree Asset Management Lp acquired 1,600,000 shares of the business’s stock in a transaction dated Tuesday, September 8th. The shares were bought at an average cost of $16.25 per share, with a total value of $26,000,000.00. Following the transaction, the insider directly owned 10,991,951 shares of the company’s stock, valued at $178,619,203.75. The trade was a 17.04% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Large shareholders that own more than 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 Thursday, September 3rd, Goldentree Asset Management Lp bought 720,000 shares of Old QVC Group stock. The shares were purchased 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 purchased 915 shares of Old QVC Group stock. The shares were purchased 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 purchased 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 purchased 412 shares of Old QVC Group stock. The stock was purchased 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 purchased 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 purchased 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 acquired 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 acquired 300 shares of Old QVC Group stock. The shares were purchased at an average price of $15.25 per share, for a total transaction of $4,575.00.
  • On Wednesday, August 19th, Goldentree Asset Management Lp bought 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 bought 400 shares of Old QVC Group stock. The stock was purchased at an average cost of $15.25 per share, with a total value of $6,100.00.

Old QVC Group Stock Down 0.6%

QVCG opened at $16.76 on Friday. Old QVC Group, Inc. has a fifty-two week low of $14.60 and a fifty-two week high of $20.00.

Old QVC Group Company Profile

(Get Free Report)

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.

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