DA Davidson assumed coverage on shares of Liberty Interactive Corporation (NASDAQ:QVCA) in a research note issued to investors on Wednesday, Marketbeat Ratings reports. The firm issued a buy rating and a $33.00 target price on the stock.

A number of other equities analysts have also recently commented on QVCA. FBR & Co reissued an outperform rating and set a $26.00 target price (up previously from $24.00) on shares of Liberty Interactive Corporation in a report on Wednesday, May 17th. Aegis restated a buy rating and issued a $31.00 price target (up from $27.00) on shares of Liberty Interactive Corporation in a research report on Tuesday, May 30th. ValuEngine lowered Liberty Interactive Corporation from a buy rating to a hold rating in a research report on Friday, June 2nd. BidaskClub upgraded Liberty Interactive Corporation from a buy rating to a strong-buy rating in a research report on Wednesday, June 28th. Finally, FBN Securities lowered Liberty Interactive Corporation from an outperform rating to a sector perform rating in a research report on Thursday, July 6th. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Liberty Interactive Corporation currently has an average rating of Buy and a consensus target price of $29.11.

Shares of Liberty Interactive Corporation (QVCA) opened at 23.12 on Wednesday. Liberty Interactive Corporation has a 52-week low of $17.24 and a 52-week high of $26.00. The company’s 50 day moving average price is $22.60 and its 200 day moving average price is $22.32. The stock has a market cap of $10.43 billion, a PE ratio of 24.01 and a beta of 1.23.

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In other news, Director Mark C. Vadon sold 762,121 shares of the company’s stock in a transaction that occurred on 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 completion of the sale, the director now directly owns 2,030,300 shares in the company, valued at $43,123,572. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mark C. Vadon sold 796,693 shares of the company’s stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $22.67, for a total value of $18,061,030.31. The disclosure for this sale can be found here. Insiders sold 2,342,522 shares of company stock valued at $51,226,271 over the last 90 days. Company insiders own 10.68% of the company’s stock.

Institutional investors have recently modified their holdings of the stock. Shine Investment Advisory Services Inc. purchased a new position in Liberty Interactive Corporation in the second quarter worth approximately $100,000. Meeder Asset Management Inc. grew its position in Liberty Interactive Corporation by 115.9% in the second quarter. Meeder Asset Management Inc. now owns 4,205 shares of the company’s stock worth $103,000 after acquiring an additional 2,257 shares during the period. Toronto Dominion Bank grew its position in Liberty Interactive Corporation by 18.2% in the second quarter. Toronto Dominion Bank now owns 5,378 shares of the company’s stock worth $132,000 after acquiring an additional 829 shares during the period. Fiduciary Trust Co. purchased a new position in Liberty Interactive Corporation in the second quarter worth approximately $144,000. Finally, Global X Management Co. LLC grew its position in Liberty Interactive Corporation by 32.2% in the first quarter. Global X Management Co. LLC now owns 5,969 shares of the company’s stock worth $119,000 after acquiring an additional 1,454 shares during the period. Institutional investors own 88.91% of the company’s stock.

Liberty Interactive Corporation Company Profile

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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