Liberty Interactive Corporation (NASDAQ:LVNTA) has earned a consensus recommendation of “Buy” from the six research firms that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $72.00.
Several research analysts have weighed in on the company. ValuEngine lowered Liberty Interactive Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Pivotal Research reiterated a “buy” rating and set a $68.00 target price (up from $66.00) on shares of Liberty Interactive Corporation in a report on Tuesday, August 15th. B. Riley reduced their target price on Liberty Interactive Corporation from $78.00 to $70.00 and set a “buy” rating on the stock in a report on Tuesday, November 14th. Finally, FBR & Co reiterated a “buy” rating and set a $78.00 target price (up from $60.00) on shares of Liberty Interactive Corporation in a report on Monday, August 14th.
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In related news, Director Mark C. Vadon sold 125,000 shares of Liberty Interactive Corporation stock in a transaction dated Tuesday, October 10th. The stock was sold at an average price of $22.12, for a total value of $2,765,000.00. Following the sale, the director now owns 597 shares of the company’s stock, valued at $13,205.64. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director David E. Rapley sold 4,300 shares of Liberty Interactive Corporation stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $23.52, for a total value of $101,136.00. Following the completion of the sale, the director now directly owns 5,857 shares in the company, valued at approximately $137,756.64. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 606,788 shares of company stock worth $14,070,434.
Several large investors have recently added to or reduced their stakes in the stock. Teachers Advisors LLC increased its position in Liberty Interactive Corporation by 3.3% during the first quarter. Teachers Advisors LLC now owns 83,735 shares of the company’s stock worth $3,725,000 after buying an additional 2,695 shares during the last quarter. Legal & General Group Plc increased its position in Liberty Interactive Corporation by 35.0% during the first quarter. Legal & General Group Plc now owns 25,405 shares of the company’s stock worth $1,130,000 after buying an additional 6,584 shares during the last quarter. BlackRock Inc. increased its position in Liberty Interactive Corporation by 14,891.7% during the first quarter. BlackRock Inc. now owns 3,550,325 shares of the company’s stock worth $157,917,000 after buying an additional 3,526,643 shares during the last quarter. Schwab Charles Investment Management Inc. increased its position in Liberty Interactive Corporation by 7.1% during the first quarter. Schwab Charles Investment Management Inc. now owns 226,894 shares of the company’s stock worth $10,093,000 after buying an additional 15,134 shares during the last quarter. Finally, State Street Corp acquired a new position in Liberty Interactive Corporation during the first quarter worth approximately $53,753,000. 91.01% of the stock is currently owned by institutional investors and hedge funds.
Liberty Interactive Corporation (NASDAQ:LVNTA) opened at $57.70 on Monday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.73 and a current ratio of 1.18. The firm has a market capitalization of $4,938.89, a PE ratio of 22.45 and a beta of 1.09. Liberty Interactive Corporation has a twelve month low of $36.58 and a twelve month high of $62.41.
About Liberty Interactive Corporation
Liberty Interactive Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the video and online commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. Its businesses and assets include its consolidated subsidiaries QVC, Inc (QVC), Backcountry.com, Inc (Backcountry), Bodybuilding.com, LLC (Bodybuilding), CommerceHub and Evite, Inc (Evite) and its equity affiliates Expedia, Inc (Expedia), HSN, Inc (HSN), FTD Companies, Inc (FTD), Interval Leisure Group, Inc (Interval Leisure Group) and LendingTree, Inc (LendingTree).
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