Insider Buying: Old QVC Group (NASDAQ:QVCG) Major Shareholder Purchases $31,053.97 in Stock

Old QVC Group, Inc. (NASDAQ:QVCG) major shareholder Goldentree Asset Management Lp bought 2,039 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The shares were acquired at an average price of $15.23 per share, for a total transaction of $31,053.97. Following the completion of the transaction, the insider owned 8,647,933 shares in the company, valued at $131,708,019.59. This represents a 0.02% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

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

• On Wednesday, August 26th, Goldentree Asset Management Lp purchased 412 shares of Old QVC Group stock. The stock was acquired at an average cost of $15.29 per share, with a total value of $6,299.48.
• On Monday, August 24th, Goldentree Asset Management Lp purchased 2,690 shares of Old QVC Group stock. The shares were acquired at an average price of $15.23 per share, with a total value of $40,968.70.
• On Friday, August 21st, Goldentree Asset Management Lp acquired 200 shares of Old QVC Group stock. The shares were 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, 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 bought at an average cost 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 shares were bought at an average price of $15.25 per share, with a total value of $6,100.00.
• On Monday, August 17th, Goldentree Asset Management Lp purchased 44,542 shares of Old QVC Group stock. The stock was bought at an average cost of $15.18 per share, for a total transaction of $676,147.56.

Old QVC Group Trading Up 5.7%

NASDAQ:QVCG traded up $0.88 during trading hours on Thursday, reaching $16.23. The company had a trading volume of 162,744 shares, compared to its average volume of 132,273. Old QVC Group, Inc. has a one year low of $14.60 and a one year high of $20.00.

Old QVC Group Company Profile

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.