48,460 Shares in Liberty Interactive Corporation (NASDAQ:QVCA) Acquired by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC acquired a new stake in shares of Liberty Interactive Corporation (NASDAQ:QVCA) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 48,460 shares of the company’s stock, valued at approximately $1,189,000.

A number of other institutional investors have also made changes to their positions in the stock. Regentatlantic Capital LLC acquired a new position in shares of Liberty Interactive Corporation during the first quarter valued at $1,244,000. Capstone Asset Management Co. raised its position in shares of Liberty Interactive Corporation by 7.8% in the first quarter. Capstone Asset Management Co. now owns 11,288 shares of the company’s stock valued at $226,000 after buying an additional 820 shares in the last quarter. Private Bank & Trust Co. raised its position in shares of Liberty Interactive Corporation by 0.6% in the first quarter. Private Bank & Trust Co. now owns 27,726 shares of the company’s stock valued at $556,000 after buying an additional 178 shares in the last quarter. Reliance Trust Co. of Delaware raised its position in shares of Liberty Interactive Corporation by 24.4% in the first quarter. Reliance Trust Co. of Delaware now owns 38,000 shares of the company’s stock valued at $760,000 after buying an additional 7,454 shares in the last quarter. Finally, Telemus Capital LLC raised its position in shares of Liberty Interactive Corporation by 74.3% in the first quarter. Telemus Capital LLC now owns 35,436 shares of the company’s stock valued at $709,000 after buying an additional 15,105 shares in the last quarter. Institutional investors and hedge funds own 90.68% of the company’s stock.

Shares of Liberty Interactive Corporation (NASDAQ QVCA) traded up 0.071% during midday trading on Friday, hitting $21.165. 4,908,634 shares of the stock traded hands. The stock has a market capitalization of $9.55 billion, a P/E ratio of 21.978 and a beta of 1.21. The firm has a 50-day moving average price of $23.49 and a 200-day moving average price of $21.91. Liberty Interactive Corporation has a 52 week low of $17.24 and a 52 week high of $26.00.

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Several equities research analysts have commented on QVCA shares. FBR & Co reaffirmed an “outperform” rating and issued a $24.00 target price (up previously from $22.00) on shares of Liberty Interactive Corporation in a research note on Friday, April 21st. Maxim Group upped their target price on shares of Liberty Interactive Corporation from $36.00 to $39.00 and gave the company a “buy” rating in a research note on Wednesday, May 10th. Citigroup Inc. reaffirmed a “buy” rating and issued a $28.00 target price (up previously from $26.00) on shares of Liberty Interactive Corporation in a research note on Sunday, May 14th. Aegis reaffirmed a “buy” rating and issued a $31.00 target price (up previously from $27.00) on shares of Liberty Interactive Corporation in a research note on Tuesday, May 30th. Finally, ValuEngine downgraded shares of Liberty Interactive Corporation from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Two research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Liberty Interactive Corporation presently has a consensus rating of “Buy” and an average target price of $28.78.

In other Liberty Interactive Corporation news, Director Mark C. Vadon sold 481,558 shares of the business’s stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $22.00, for a total transaction of $10,594,276.00. Following the completion of the sale, the director now owns 2,030,300 shares in the company, valued at approximately $44,666,600. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mark C. Vadon sold 796,693 shares of the business’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of $22.67, for a total transaction of $18,061,030.31. The disclosure for this sale can be found here. 10.68% of the stock is owned by insiders.

Liberty Interactive Corporation 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).

Institutional Ownership by Quarter for Liberty Interactive Corporation (NASDAQ:QVCA)

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