Caxton Associates LP purchased a new stake in shares of Liberty Interactive Corp (NASDAQ:QVCA) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 34,238 shares of the company’s stock, valued at approximately $836,000.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Fuller & Thaler Asset Management Inc. bought a new stake in Liberty Interactive in the fourth quarter worth $159,000. Icon Wealth Partners LLC bought a new stake in Liberty Interactive in the fourth quarter worth $191,000. Itau Unibanco Holding S.A. boosted its holdings in Liberty Interactive by 846.5% in the fourth quarter. Itau Unibanco Holding S.A. now owns 8,490 shares of the company’s stock worth $207,000 after acquiring an additional 7,593 shares in the last quarter. Fox Run Management L.L.C. bought a new stake in Liberty Interactive in the fourth quarter worth $247,000. Finally, LS Investment Advisors LLC boosted its holdings in Liberty Interactive by 46.5% in the fourth quarter. LS Investment Advisors LLC now owns 10,879 shares of the company’s stock worth $266,000 after acquiring an additional 3,452 shares in the last quarter. Institutional investors own 86.86% of the company’s stock.
In other news, Director Malcolm Ian Grant Gilchrist sold 3,765 shares of the business’s stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $26.38, for a total value of $99,320.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 10.68% of the stock is owned by insiders.
Several equities research analysts have commented on the company. Zacks Investment Research downgraded Liberty Interactive from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 7th. UBS Group reissued a “buy” rating and issued a $33.00 target price (up from $30.00) on shares of Liberty Interactive in a report on Monday, March 5th. Bank of America dropped their target price on Liberty Interactive from $39.00 to $36.00 and set a “buy” rating on the stock in a report on Friday, March 2nd. FBN Securities downgraded Liberty Interactive from an “outperform” rating to a “sector perform” rating in a report on Friday, March 2nd. Finally, Aegis reissued a “buy” rating and issued a $38.00 target price (up from $35.00) on shares of Liberty Interactive in a report on Tuesday, February 27th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $32.10.
TRADEMARK VIOLATION WARNING: This story was originally reported by Ticker Report and is the property of of Ticker Report. If you are viewing this story on another domain, it was illegally copied and republished in violation of United States and international copyright & trademark law. The legal version of this story can be accessed at https://www.tickerreport.com/banking-finance/3256857/caxton-associates-lp-invests-836000-in-liberty-interactive-corp-qvca.html.
About Liberty Interactive
Liberty Interactive Corporation owns interests in subsidiaries and other companies, which are primarily engaged in the video and online commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. Its principal businesses and assets include its subsidiaries QVC, Inc (QVC), zulily, llc (zulily) and and Evite, Inc (Evite).
Want to see what other hedge funds are holding QVCA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Interactive Corp (NASDAQ:QVCA).
Receive News & Ratings for Liberty Interactive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Interactive and related companies with MarketBeat.com's FREE daily email newsletter.