Goldentree Asset Management Lp Purchases 44,542 Shares of Old QVC Group (NASDAQ:QVCG) Stock

Old QVC Group, Inc. (NASDAQ:QVCG) major shareholder Goldentree Asset Management Lp bought 44,542 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were bought at an average price of $15.18 per share, with a total value of $676,147.56. Following the completion of the purchase, the insider owned 8,628,324 shares in the company, valued at approximately $130,977,958.32. The trade was a 0.52% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 Tuesday, August 18th, Goldentree Asset Management Lp purchased 400 shares of Old QVC Group stock. The stock was bought at an average price of $15.25 per share, for a total transaction of $6,100.00.

Old QVC Group Stock Performance

NASDAQ:QVCG opened at $15.80 on Friday. Old QVC Group, Inc. has a 52-week low of $14.60 and a 52-week high of $20.00.

About Old QVC Group

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.