Insider Buying: Old QVC Group (NASDAQ:QVCG) Major Shareholder Acquires 2,690 Shares of Stock

Old QVC Group, Inc. (NASDAQ:QVCGGet Free Report) major shareholder Goldentree Asset Management Lp bought 2,690 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The shares were bought at an average cost of $15.23 per share, for a total transaction of $40,968.70. Following the transaction, the insider directly owned 8,645,894 shares of the company’s stock, valued at $131,676,965.62. This trade represents a 0.03% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Goldentree Asset Management Lp also recently made the following trade(s):

  • On Friday, August 21st, Goldentree Asset Management Lp purchased 200 shares of Old QVC Group stock. The stock was bought at an average cost 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 bought at an average price of $15.25 per share, for a total transaction of $4,575.00.
  • On Wednesday, August 19th, Goldentree Asset Management Lp acquired 13,980 shares of Old QVC Group stock. The shares were bought 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 acquired 400 shares of Old QVC Group stock. The shares were bought at an average cost of $15.25 per share, with a total value of $6,100.00.
  • On Monday, August 17th, Goldentree Asset Management Lp bought 44,542 shares of Old QVC Group stock. The stock was bought at an average price of $15.18 per share, with a total value of $676,147.56.

Old QVC Group Price Performance

QVCG stock traded up $0.56 during trading on Tuesday, reaching $15.80. 131,502 shares of the stock were exchanged, compared to its average volume of 133,446. Old QVC Group, Inc. has a twelve month low of $14.60 and a twelve month high of $20.00.

Old QVC Group Company Profile

(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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