Liberty Interactive (NASDAQ:QVCA) had its target price raised by analysts at Aegis from $34.00 to $35.00 in a note issued to investors on Friday, November 17th, MarketBeat reports. The brokerage presently has a “buy” rating on the stock. Aegis’ price target would suggest a potential upside of 40.22% from the company’s current price.
Several other research firms also recently issued reports on QVCA. Zacks Investment Research upgraded Liberty Interactive from a “sell” rating to a “hold” rating in a research report on Tuesday, July 25th. ValuEngine downgraded Liberty Interactive from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. B. Riley restated a “buy” rating on shares of Liberty Interactive in a research report on Thursday, November 2nd. UBS raised their price objective on Liberty Interactive from $27.00 to $28.00 and gave the company a “buy” rating in a research note on Friday, November 10th. Finally, DA Davidson began coverage on Liberty Interactive in a research note on Wednesday, September 13th. They set a “buy” rating and a $33.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and ten have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $29.50.
Liberty Interactive (QVCA) traded up $0.24 during mid-day trading on Friday, hitting $24.96. The stock had a trading volume of 3,231,064 shares, compared to its average volume of 3,185,178. Liberty Interactive has a 52 week low of $17.24 and a 52 week high of $26.00. The company has a market capitalization of $15,700.00, a price-to-earnings ratio of 14.13, a PEG ratio of 1.58 and a beta of 1.33. The company has a current ratio of 1.18, a quick ratio of 0.73 and a debt-to-equity ratio of 0.93.
In other news, Director David E. Rapley sold 4,300 shares of Liberty Interactive stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $23.52, for a total transaction of $101,136.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Malcolm Ian Grant Gilchrist sold 2,335 shares of Liberty Interactive stock in a transaction that occurred on Monday, September 25th. The shares were sold at an average price of $24.08, for a total transaction of $56,226.80. Following the transaction, the director now owns 955 shares of the company’s stock, valued at $22,996.40. The disclosure for this sale can be found here. Insiders sold 1,286,785 shares of company stock worth $29,532,584 over the last three months. 10.68% of the stock is owned by insiders.
A number of hedge funds and other institutional investors have recently made changes to their positions in QVCA. Shine Investment Advisory Services Inc. purchased a new position in Liberty Interactive in the 2nd quarter worth approximately $100,000. Meeder Asset Management Inc. grew its position in Liberty Interactive by 115.9% in the 2nd quarter. Meeder Asset Management Inc. now owns 4,205 shares of the company’s stock worth $103,000 after purchasing an additional 2,257 shares during the period. Highstreet Asset Management Inc. bought a new stake in Liberty Interactive in the 3rd quarter worth approximately $120,000. Toronto Dominion Bank grew its position in Liberty Interactive by 18.2% in the 2nd quarter. Toronto Dominion Bank now owns 5,378 shares of the company’s stock worth $132,000 after purchasing an additional 829 shares during the period. Finally, Fiduciary Trust Co. bought a new stake in Liberty Interactive in the 2nd quarter worth approximately $144,000. Institutional investors own 97.07% of the company’s stock.
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Liberty Interactive 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).
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