Liberty Interactive Corporation (NASDAQ:QVCA) has tumbled 1.97% during the past week and has dropped 4.38% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.79%. Liberty Interactive Corporation (NASDAQ:QVCA) has underperformed the index by 5.25% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Liberty Interactive Corporation (NASDAQ:QVCA): The stock opened at $24.98 on Friday but the bulls could not build on the opening and the stock topped out at $25.15 for the day. The stock traded down to $24.77 during the day, due to lack of any buying support eventually closed down at $24.88 with a loss of -0.48% for the day. The stock had closed at $25.00 on the previous day. The total traded volume was 3,374,277 shares.
The company shares have dropped -14.24% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $31.62 and the one year low was seen on Feb 10, 2016. The 50-Day Moving Average price is $26.08 and the 200 Day Moving Average price is recorded at $25.78.
On the companys insider trading activities,The director of Liberty Interactive Corp, George Michael A sold 150,000 shares at $27.02 on June 2, 2016. The Insider selling transaction had a total value worth of $4,053,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Maxim Group initiates coverage on Liberty Interactive Corporation (NASDAQ:QVCA) The current rating of the shares is Buy. Equity Analysts at the Firm announces the price target to $37 per share. The rating by the firm was issued on June 9, 2016. Currently the company Insiders own 9.41% of Liberty Interactive Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -36.5% . Institutional Investors own 86.64% of Liberty Interactive Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -76.52%.
Liberty Interactive Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the video and on-line 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). QVC markets and sells a variety of consumer products through live televised shopping and via its Websites and other media, including QVC.com. Backcountry is an e-retailer for outdoor adventure, cycling, action sports and motorcycle gear and clothing. Bodybuilding is an Internet retailer of sports, fitness, and nutritional supplements.