Liberty Interactive Corp. (LVNTA) Director Mark C. Vadon Sells 151,074 Shares
Liberty Interactive Corp. (NASDAQ:LVNTA) Director Mark C. Vadon sold 151,074 shares of Liberty Interactive Corp. stock in a transaction dated Tuesday, November 15th. The shares were sold at an average price of $20.90, for a total transaction of $3,157,446.60. Following the sale, the director now owns 3,251,374 shares in the company, valued at $67,953,716.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Liberty Interactive Corp. (NASDAQ:LVNTA) traded up 1.00% during trading on Thursday, reaching $39.53. The company’s stock had a trading volume of 121,041 shares. Liberty Interactive Corp. has a 52 week low of $29.37 and a 52 week high of $41.74. The firm has a market cap of $5346.20 billion, a P/E ratio of 24.71 and a beta of 1.06. The stock’s 50 day moving average is $39.76 and its 200-day moving average is $38.77.
Several institutional investors have recently modified their holdings of LVNTA. Credit Suisse AG raised its position in shares of Liberty Interactive Corp. by 4.4% in the third quarter. Credit Suisse AG now owns 191,103 shares of the company’s stock valued at $7,621,000 after buying an additional 7,971 shares during the period. Verition Fund Management LLC purchased a new position in shares of Liberty Interactive Corp. during the third quarter valued at about $470,000. BTG Pactual Global Asset Management Ltd raised its position in shares of Liberty Interactive Corp. by 76.2% in the third quarter. BTG Pactual Global Asset Management Ltd now owns 235,843 shares of the company’s stock valued at $9,403,000 after buying an additional 102,026 shares during the period. Jane Street Group LLC purchased a new position in shares of Liberty Interactive Corp. during the third quarter valued at about $2,039,000. Finally, The Manufacturers Life Insurance Company purchased a new position in shares of Liberty Interactive Corp. during the third quarter valued at about $156,000. 91.62% of the stock is currently owned by institutional investors and hedge funds.
Several equities research analysts have commented on LVNTA shares. Citigroup Inc. boosted their price target on shares of Liberty Interactive Corp. from $40.77 to $44.00 and gave the stock a “buy” rating in a research report on Thursday, July 28th. Pivotal Research lifted their price target on Liberty Interactive Corp. from $53.00 to $58.00 and gave the stock a “buy” rating in a research note on Monday, November 7th. FBR & Co reissued a “buy” rating and issued a $45.00 price target on shares of Liberty Interactive Corp. in a research note on Wednesday, November 9th. Zacks Investment Research raised Liberty Interactive Corp. from a “hold” rating to a “buy” rating and set a $44.00 price target on the stock in a research note on Wednesday, October 12th. Finally, Evercore ISI started coverage on Liberty Interactive Corp. in a research note on Monday, November 7th. They issued a “buy” rating and a $51.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $48.40.
Liberty Interactive Corp. Company Profile
Liberty Interactive Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the video and online commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. Its businesses and assets include its consolidated subsidiaries QVC, Inc (QVC), Backcountry.com, Inc (Backcountry), Bodybuilding.com, LLC (Bodybuilding), CommerceHub and Evite, Inc (Evite) and its equity affiliates Expedia, Inc (Expedia), HSN, Inc (HSN), FTD Companies, Inc (FTD), Interval Leisure Group, Inc (Interval Leisure Group) and LendingTree, Inc (LendingTree).
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