Old QVC Group, Inc. (NASDAQ:QVCG – Get Free Report) major shareholder Goldentree Asset Management Lp bought 44,542 shares of the stock in a transaction dated Monday, August 17th. The stock was bought at an average price of $15.18 per share, with a total value of $676,147.56. Following the purchase, the insider owned 8,628,324 shares of the company’s stock, valued at approximately $130,977,958.32. This represents a 0.52% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Goldentree Asset Management Lp also recently made the following trade(s):
- On Tuesday, August 18th, Goldentree Asset Management Lp purchased 400 shares of Old QVC Group stock. The shares were acquired at an average price of $15.25 per share, with a total value of $6,100.00.
Old QVC Group Trading Down 2.3%
Shares of QVCG stock traded down $0.35 on Wednesday, reaching $15.05. 103,464 shares of the company’s stock traded hands, compared to its average volume of 132,065. Old QVC Group, Inc. has a 12-month low of $14.60 and a 12-month high of $20.00.
About Old QVC Group
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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