Liberty Interactive Corporation (QVCA) : Traders are bullish on Liberty Interactive Corporation (QVCA) as it has outperformed the S&P 500 by a wide margin of 3.01% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.1%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.61% in the last 1 week, and is up 7.52% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 5.89% and the 50-Day Moving Average is 3.76%.
Liberty Interactive Corporation (NASDAQ:QVCA): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $26.85 and $26.64 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $26.85. The buying momentum continued till the end and the stock did not give up its gains. It closed at $26.75, notching a gain of 0.53% for the day. The total traded volume was 1,891,407 . The stock had closed at $26.61 on the previous day.
The company Insiders own 10.78% 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 -51.21% . Institutional Investors own 87.5% of Liberty Interactive Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -55.26%. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Liberty Interactive Corp, George Michael A had sold 150,000 shares worth of $3,936,000 in a transaction dated July 11, 2016. In this transaction, 150,000 shares were sold at $26.24 per share.
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.