Old QVC Group (NASDAQ:QVCG) Major Shareholder Goldentree Asset Management Lp Buys 250,000 Shares of Company Stock

Old QVC Group, Inc. (NASDAQ:QVCG – Get Free Report) major shareholder Goldentree Asset Management Lp acquired 250,000 shares of the business’s stock in a transaction dated Friday, October 2nd. The stock was acquired at an average price of $13.85 per share, with a total value of $3,462,500.00. Following the completion of the transaction, the insider directly owned 11,327,754 shares of the company’s stock, valued at approximately $156,889,392.90. This represents a 2.26% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own more than 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 Thursday, October 1st, Goldentree Asset Management Lp bought 2,872 shares of Old QVC Group stock. The shares were acquired at an average price of $13.62 per share, for a total transaction of $39,116.64.
  • On Wednesday, September 30th, Goldentree Asset Management Lp purchased 2,907 shares of Old QVC Group stock. The stock was bought at an average cost of $13.61 per share, for a total transaction of $39,564.27.
  • On Thursday, September 24th, Goldentree Asset Management Lp purchased 80,000 shares of Old QVC Group stock. The stock was bought at an average cost of $14.35 per share, with a total value of $1,148,000.00.
  • On Tuesday, September 8th, Goldentree Asset Management Lp acquired 1,600,000 shares of Old QVC Group stock. The shares were bought 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 price of $16.45 per share, with a total value of $11,844,000.00.
  • On Friday, August 28th, Goldentree Asset Management Lp acquired 915 shares of Old QVC Group stock. The shares were bought at an average cost 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, for a total transaction 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, with a total value 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.

Old QVC Group Trading Down 5.4%

QVCG stock traded down $0.76 during trading on Tuesday, hitting $13.31. The stock had a trading volume of 139,540 shares, compared to its average volume of 333,953. Old QVC Group, Inc. has a twelve month low of $13.25 and a twelve month high of $20.00.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Report on Old QVC Group

Old QVC Group Company Profile

(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.

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Insider Buying and Selling by Quarter for Old QVC Group (NASDAQ:QVCG)

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