Shares of Liberty Interactive Corporation (NASDAQ:QVCA) have been given an average rating of “Buy” by the twelve research firms that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $29.63.

A number of brokerages have recently weighed in on QVCA. Citigroup Inc. cut their price objective on Liberty Interactive Corporation from $28.00 to $27.00 and set a “buy” rating on the stock in a report on Monday, August 14th. ValuEngine raised Liberty Interactive Corporation from a “hold” rating to a “buy” rating in a report on Monday, August 7th. Zacks Investment Research raised Liberty Interactive Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, July 25th. Craig Hallum set a $28.00 price objective on Liberty Interactive Corporation and gave the company a “buy” rating in a report on Monday, July 10th. Finally, BidaskClub lowered Liberty Interactive Corporation from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 11th.

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Shares of Liberty Interactive Corporation (NASDAQ QVCA) traded up 0.64% during trading on Tuesday, hitting $21.86. 3,228,307 shares of the company were exchanged. The stock has a market capitalization of $9.86 billion, a PE ratio of 22.70 and a beta of 1.21. The company has a 50 day moving average of $23.10 and a 200-day moving average of $22.00. Liberty Interactive Corporation has a 1-year low of $17.24 and a 1-year high of $26.00.

In related news, Director Mark C. Vadon sold 296,131 shares of the firm’s stock in a transaction dated Monday, August 21st. The stock was sold at an average price of $21.12, for a total transaction of $6,254,286.72. Following the sale, the director now directly owns 2,030,300 shares of the company’s stock, valued at $42,879,936. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Mark C. Vadon sold 762,121 shares of the firm’s stock in a transaction dated Friday, August 18th. The stock was sold at an average price of $21.24, for a total value of $16,187,450.04. Following the sale, the director now directly owns 2,030,300 shares in the company, valued at $43,123,572. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 2,342,522 shares of company stock worth $51,226,271. 10.68% of the stock is owned by corporate insiders.

A number of hedge funds have recently bought and sold shares of the company. Capstone Asset Management Co. raised its stake in Liberty Interactive Corporation by 7.8% in the first quarter. Capstone Asset Management Co. now owns 11,288 shares of the company’s stock valued at $226,000 after buying an additional 820 shares during the period. DnB Asset Management AS raised its stake in Liberty Interactive Corporation by 17.7% in the first quarter. DnB Asset Management AS now owns 45,287 shares of the company’s stock valued at $907,000 after buying an additional 6,800 shares during the period. State of Alaska Department of Revenue bought a new stake in Liberty Interactive Corporation during the first quarter valued at approximately $251,000. Candriam Luxembourg S.C.A. raised its stake in Liberty Interactive Corporation by 17.3% in the first quarter. Candriam Luxembourg S.C.A. now owns 42,074 shares of the company’s stock valued at $842,000 after buying an additional 6,201 shares during the period. Finally, Waldron LP raised its stake in Liberty Interactive Corporation by 1.2% in the first quarter. Waldron LP now owns 24,920 shares of the company’s stock valued at $498,000 after buying an additional 295 shares during the period. 90.68% of the stock is currently owned by hedge funds and other institutional investors.

About Liberty Interactive Corporation

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).

Analyst Recommendations for Liberty Interactive Corporation (NASDAQ:QVCA)

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