Key Points
- Goldentree Asset Management purchased 13,980 Old QVC Group shares at an average price of $15.21, investing $212,635.80. Its stake rose 0.16% to 8.64 million shares, worth approximately $131.5 million.
- The major shareholder also bought 45,242 additional shares across August 17–20 for roughly $686,823, indicating continued insider accumulation.
- QVCG opened at $15.50, compared with a 52-week range of $14.60 to $20.00. Old QVC Group operates QVC and HSN across television, online, mobile and social-commerce channels.
Old QVC Group, Inc. (NASDAQ:QVCG - Get Free Report) major shareholder Goldentree Asset Management Lp purchased 13,980 shares of Old QVC Group stock in a transaction dated Wednesday, August 19th. The stock was acquired at an average price of $15.21 per share, with a total value of $212,635.80. Following the acquisition, the insider owned 8,642,704 shares in the company, valued at approximately $131,455,527.84. This represents a 0.16% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 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, August 20th, Goldentree Asset Management Lp bought 300 shares of Old QVC Group stock. The shares were purchased at an average cost of $15.25 per share, with a total value of $4,575.00.
- On Tuesday, August 18th, Goldentree Asset Management Lp acquired 400 shares of Old QVC Group stock. The stock was acquired at an average cost of $15.25 per share, with a total value of $6,100.00.
- On Monday, August 17th, Goldentree Asset Management Lp acquired 44,542 shares of Old QVC Group stock. The stock was bought at an average cost of $15.18 per share, with a total value of $676,147.56.
Old QVC Group Price Performance
QVCG stock opened at $15.50 on Friday. Old QVC Group, Inc. has a 52 week low of $14.60 and a 52 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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
