Key Points
- Goldentree Asset Management bought 2,039 Old QVC Group shares at an average $15.23 each, spending $31,053.97 and increasing its stake to 8,647,933 shares valued at approximately $131.7 million.
- The major shareholder made several additional purchases from August 17–26, acquiring more than 62,000 shares in total at prices generally between $15.18 and $15.29.
- Old QVC Group shares opened at $16.23, compared with a 52-week range of $14.60 to $20.00. The company 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 acquired 2,039 shares of the firm's stock in a transaction that occurred on Tuesday, August 25th. The stock was purchased at an average cost of $15.23 per share, with a total value of $31,053.97. Following the acquisition, the insider owned 8,647,933 shares in the company, valued at $131,708,019.59. The trade was a 0.02% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company's shares 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 acquired 412 shares of Old QVC Group stock. The shares were acquired at an average cost of $15.29 per share, for a total transaction of $6,299.48.
- On Monday, August 24th, Goldentree Asset Management Lp bought 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 bought 200 shares of Old QVC Group stock. The stock was acquired at an average price of $15.24 per share, with a total value of $3,048.00.
- On Thursday, August 20th, Goldentree Asset Management Lp purchased 300 shares of Old QVC Group stock. The stock was acquired at an average cost of $15.25 per share, for a total transaction of $4,575.00.
- On Wednesday, August 19th, Goldentree Asset Management Lp purchased 13,980 shares of Old QVC Group stock. The shares were acquired at an average price of $15.21 per share, for a total transaction of $212,635.80.
- On Tuesday, August 18th, Goldentree Asset Management Lp purchased 400 shares of Old QVC Group stock. The shares were acquired at an average price of $15.25 per share, for a total transaction of $6,100.00.
- On Monday, August 17th, Goldentree Asset Management Lp acquired 44,542 shares of Old QVC Group stock. The stock was acquired at an average cost of $15.18 per share, with a total value of $676,147.56.
Old QVC Group Price Performance
Old QVC Group stock opened at $16.23 on Friday. Old QVC Group, Inc. has a 1-year low of $14.60 and a 1-year high of $20.00.
About Old QVC Group
(
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.
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