Liberty Interactive Group (NASDAQ:QVCA) was upgraded by equities research analysts at Bank of America Corp. from a “neutral” rating to a “buy” rating in a note issued to investors on Thursday. The brokerage currently has a $25.00 price target on the stock. Bank of America Corp.’s target price indicates a potential upside of 18.65% from the stock’s previous close.

A number of other analysts have also commented on the stock. Zacks Investment Research lowered shares of Liberty Interactive Group from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 6th. FBN Securities upgraded shares of Liberty Interactive Group from a “sector perform” rating to an “outperform” rating in a research note on Wednesday, August 10th. FBR & Co cut their target price on shares of Liberty Interactive Group from $30.00 to $25.00 and set an “outperform” rating for the company in a research report on Friday, August 12th. Wunderlich cut their target price on shares of Liberty Interactive Group from $38.00 to $33.00 and set a “buy” rating for the company in a research report on Monday, August 8th. Finally, Axiom Securities cut their target price on shares of Liberty Interactive Group from $34.00 to $29.00 and set a “buy” rating for the company in a research report on Monday, August 8th. One analyst has rated the stock with a sell rating and ten have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $30.33.

Analyst Recommendations for Liberty Interactive Group (NASDAQ:QVCA)

Liberty Interactive Group (NASDAQ:QVCA) opened at 21.07 on Thursday. The company has a market cap of $9.84 billion, a price-to-earnings ratio of 20.26 and a beta of 1.32. Liberty Interactive Group has a one year low of $17.88 and a one year high of $27.58. The stock has a 50 day moving average of $19.34 and a 200-day moving average of $22.78.

In other news, CFO Christopher W. Shean sold 4,800 shares of the business’s stock in a transaction on Thursday, September 22nd. The shares were sold at an average price of $38.78, for a total value of $186,144.00. Following the transaction, the chief financial officer now owns 91,003 shares of the company’s stock, valued at $3,529,096.34. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director David E. Rapley sold 6,019 shares of the business’s stock in a transaction on Monday, August 29th. The stock was sold at an average price of $21.09, for a total transaction of $126,940.71. Following the completion of the transaction, the director now directly owns 16,046 shares in the company, valued at approximately $338,410.14. The disclosure for this sale can be found here. Company insiders own 10.78% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in QVCA. M&R Capital Management Inc. bought a new position in Liberty Interactive Group during the second quarter valued at approximately $105,000. Ropes Wealth Advisors LLC increased its position in Liberty Interactive Group by 17.9% in the third quarter. Ropes Wealth Advisors LLC now owns 5,260 shares of the company’s stock valued at $105,000 after buying an additional 798 shares during the period. Fuller & Thaler Asset Management Inc. bought a new position in Liberty Interactive Group during the third quarter valued at approximately $126,000. Mizuho Asset Management Co. Ltd. increased its position in Liberty Interactive Group by 118.5% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 5,707 shares of the company’s stock valued at $145,000 after buying an additional 3,095 shares during the period. Finally, Tower Research Capital LLC TRC increased its position in Liberty Interactive Group by 4,511.4% in the second quarter. Tower Research Capital LLC TRC now owns 7,286 shares of the company’s stock valued at $185,000 after buying an additional 7,128 shares during the period. 88.77% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Interactive Group 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).

5 Day Chart for NASDAQ:QVCA

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