Old QVC Group (NASDAQ:QVCG) Major Shareholder Purchases $676,147.56 in Stock

Old QVC Group, Inc. (NASDAQ:QVCG) major shareholder Goldentree Asset Management Lp bought 44,542 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were bought at an average cost of $15.18 per share, for a total transaction of $676,147.56. Following the purchase, the insider owned 8,628,324 shares of the company’s stock, valued at approximately $130,977,958.32. The trade was a 0.52% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

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

• On Tuesday, August 18th, Goldentree Asset Management Lp bought 400 shares of Old QVC Group stock. The shares were acquired at an average price of $15.25 per share, for a total transaction of $6,100.00.

Old QVC Group Price Performance

NASDAQ:QVCG traded down $0.35 during trading hours on Wednesday, hitting $15.05. 103,464 shares of the company’s stock traded hands, compared to its average volume of 132,065. Old QVC Group, Inc. has a 52 week low of $14.60 and a 52 week high of $20.00.

Old QVC Group Company Profile

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.