Traders Purchase Large Volume of Put Options on Liberty Interactive (QVCA)

Liberty Interactive Corporation (NASDAQ:QVCA) was the target of unusually large options trading activity on Monday. Stock traders bought 905 put options on the company. This is an increase of approximately 738% compared to the typical volume of 108 put options.

Several brokerages have commented on QVCA. Zacks Investment Research lowered shares of Liberty Interactive from a “buy” rating to a “hold” rating in a report on Tuesday, January 2nd. BidaskClub lowered shares of Liberty Interactive from a “hold” rating to a “sell” rating in a research note on Thursday, December 14th. FBN Securities upgraded shares of Liberty Interactive from a “sector perform” rating to a “buy” rating in a research note on Wednesday, January 3rd. B. Riley reiterated a “buy” rating on shares of Liberty Interactive in a research note on Thursday, November 2nd. Finally, DA Davidson reissued a “buy” rating and set a $33.00 price objective on shares of Liberty Interactive in a research report on Thursday, November 30th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $30.00.

In related news, Director David E. Rapley sold 4,300 shares of the company’s stock in a transaction 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 is available through this link. Also, Director Malcolm Ian Grant Gilchrist sold 3,765 shares of the company’s stock in a transaction on Tuesday, December 19th. The shares were sold at an average price of $26.38, for a total transaction of $99,320.70. The disclosure for this sale can be found here. 10.68% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Rafferty Asset Management LLC boosted its holdings in shares of Liberty Interactive by 1.2% in the second quarter. Rafferty Asset Management LLC now owns 29,090 shares of the company’s stock worth $714,000 after buying an additional 345 shares during the last quarter. MUFG Americas Holdings Corp boosted its holdings in shares of Liberty Interactive by 2.7% in the second quarter. MUFG Americas Holdings Corp now owns 13,670 shares of the company’s stock worth $335,000 after buying an additional 359 shares during the last quarter. Global Endowment Management LP boosted its holdings in shares of Liberty Interactive by 0.5% in the second quarter. Global Endowment Management LP now owns 79,430 shares of the company’s stock worth $1,949,000 after buying an additional 400 shares during the last quarter. Scotia Capital Inc. boosted its holdings in shares of Liberty Interactive by 1.5% in the second quarter. Scotia Capital Inc. now owns 29,835 shares of the company’s stock worth $732,000 after buying an additional 432 shares during the last quarter. Finally, D.A. Davidson & CO. boosted its holdings in shares of Liberty Interactive by 0.7% in the second quarter. D.A. Davidson & CO. now owns 67,646 shares of the company’s stock worth $1,660,000 after buying an additional 489 shares during the last quarter. 86.64% of the stock is currently owned by institutional investors.

Liberty Interactive (NASDAQ QVCA) opened at $26.85 on Friday. The company has a quick ratio of 0.73, a current ratio of 1.18 and a debt-to-equity ratio of 0.93. The stock has a market cap of $11,969.31, a P/E ratio of 24.41, a P/E/G ratio of 1.33 and a beta of 1.32. Liberty Interactive has a 1-year low of $17.24 and a 1-year high of $26.93.

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About Liberty Interactive

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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