Liberty Interactive Group (QVCA) was Reiterated by FBR Capital to “Outperform” while Lowering the Price Target of the company shares to $ 25 from a previous price target of $30 . FBR Capital advised their investors in a research report released on Aug 12, 2016.
Many Wall Street Analysts have commented on Liberty Interactive Group. Shares were Reiterated by Axiom Capital on Aug 8, 2016 to “Buy” and Lowered the Price Target to $ 29 from a previous price target of $34 .Shares were Reiterated by Wunderlich on Aug 8, 2016 to “Buy” and Lowered the Price Target to $ 33 from a previous price target of $38 .Maxim Group Initiated Liberty Interactive Group on Jun 9, 2016 to “Buy”, Price Target of the shares are set at $37.
Liberty Interactive Group opened for trading at $21 and hit $21.85 on the upside on Monday, eventually ending the session at $21.39, with a gain of 3.78% or 0.78 points. The heightened volatility saw the trading volume jump to 1,43,05,339 shares. Company has a market cap of $13,328 M.
In a different news, on Jul 13, 2016, Michael A George (director) sold 150,000 shares at $26.24 per share price. According to the SEC, on May 19, 2016, David E Rapley (director) sold 3,890 shares at $25.89 per share price. On Apr 27, 2016, Mark C Vadon (director) sold 59,111 shares at $26.60 per share price, according to the Form-4 filing with the securities and exchange commission.
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.