Goldentree Asset Management Lp Purchases 1,600,000 Shares of Old QVC Group (NASDAQ:QVCG) Stock

Old QVC Group, Inc. (NASDAQ:QVCGGet Free Report) major shareholder Goldentree Asset Management Lp acquired 1,600,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The stock was acquired at an average price of $16.25 per share, with a total value of $26,000,000.00. Following the completion of the transaction, the insider directly owned 10,991,951 shares in the company, valued at $178,619,203.75. This trade represents a 17.04% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Goldentree Asset Management Lp also recently made the following trade(s):

  • On Thursday, September 3rd, Goldentree Asset Management Lp purchased 720,000 shares of Old QVC Group stock. The stock was bought at an average cost of $16.45 per share, for a total transaction of $11,844,000.00.
  • On Friday, August 28th, Goldentree Asset Management Lp purchased 915 shares of Old QVC Group stock. The stock was bought at an average price of $15.98 per share, with a total value of $14,621.70.
  • On Thursday, August 27th, Goldentree Asset Management Lp acquired 22,694 shares of Old QVC Group stock. The shares were bought at an average cost of $15.79 per share, with a total value of $358,338.26.
  • On Wednesday, August 26th, Goldentree Asset Management Lp acquired 412 shares of Old QVC Group stock. The shares were bought at an average price of $15.29 per share, for a total transaction of $6,299.48.
  • On Tuesday, August 25th, Goldentree Asset Management Lp acquired 2,039 shares of Old QVC Group stock. The stock was bought at an average cost of $15.23 per share, for a total transaction of $31,053.97.
  • On Monday, August 24th, Goldentree Asset Management Lp bought 2,690 shares of Old QVC Group stock. The stock was bought at an average cost of $15.23 per share, with a total value of $40,968.70.
  • On Friday, August 21st, Goldentree Asset Management Lp acquired 200 shares of Old QVC Group stock. The shares were purchased at an average price of $15.24 per share, with a total value of $3,048.00.
  • On Thursday, August 20th, Goldentree Asset Management Lp acquired 300 shares of Old QVC Group stock. The stock was acquired at an average price of $15.25 per share, for a total transaction of $4,575.00.
  • On Wednesday, August 19th, Goldentree Asset Management Lp purchased 13,980 shares of Old QVC Group stock. The stock was acquired at an average price of $15.21 per share, for a total transaction of $212,635.80.
  • On Tuesday, August 18th, Goldentree Asset Management Lp bought 400 shares of Old QVC Group stock. The shares were bought at an average price of $15.25 per share, for a total transaction of $6,100.00.

Old QVC Group Price Performance

Shares of Old QVC Group stock opened at $16.85 on Friday. Old QVC Group, Inc. has a 12-month low of $14.60 and a 12-month high of $20.00.

About Old QVC Group

(Get Free Report)

Old QVC Group (NASDAQ:QVCG) is a video and livestream commerce company whose operations center on QVC and HSN. The company combines television shopping, online retail, mobile applications and social commerce to offer products directly to consumers. Its merchandise generally includes apparel, beauty products, home goods, electronics, jewelry and other consumer products.

QVC Group traces its history to QVC, which was founded in 1986, and HSN, an earlier home-shopping network established in 1977.

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Insider Buying and Selling by Quarter for Old QVC Group (NASDAQ:QVCG)

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