Which insiders are selling Qurate Retail Group, Inc. (QRTEA)?

Qurate Retail Group, Inc. (NASDAQ:QRTEA) marched up 13.98% compared to a 52-week low price of $20.74. The shares were last seen trading -6.26% lower, taking the closing price at $23.64 on 04/24/2018. At recent session, the prices were hovering between $23.46 and $25.21. This company shares are 37.48% off its target price of $32.5 and the current market capitalization stands at $11.3B. The recent change has given its price a -10.87% deficit over SMA 50 and -18.79% deficit over its 52-week high. The stock witnessed -5.82% declines, -14.47% declines and 1.11% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found QRTEA’s volatility during a week at 3.54% and during a month it has been found around 3.07%.

Qurate Retail Group, Inc. (QRTEA) Top Holders

Institutional investors currently hold around $11.19 billion or 90.4% in QRTEA stock. Look at its top three institutional owners. Vanguard Group Inc owns $945.3 million in Qurate Retail Group, Inc., which represents roughly 8.37% of the company’s market cap and approximately 8.44% of the institutional ownership. Similar statistics are true for the second largest owner, Dodge & Cox, which owns 34,583,908 shares of the stock are valued at $872.21 million. The third largest holder is Harris Associates L P, which currently holds $718.35 million worth of this stock and that ownership represents nearly 6.36% of its market capitalization.

Qurate Retail Group, Inc. 13F Filings

At the end of December reporting period, 235 institutional holders increased their position in Qurate Retail Group, Inc. (NASDAQ:QRTEA) by some 41,751,365 shares, 226 decreased positions by 41,279,345 and 97 held positions by 360,811,893. That puts total institutional holdings at 443,842,603 shares, according to SEC filings. The stock grabbed 90 new institutional investments totaling 8,418,779 shares while 60 institutional investors sold out their entire positions totaling 5,989,042 shares.

Qurate Retail Group, Inc. (NASDAQ:QRTEA) Insider Trades

Multiple company employees have indulged in significant insider trading. Qurate Retail Group, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Gilchrist Malcolm Ian Grant has sold 3,765 shares of Qurate Retail Group, Inc. (QRTEA) in trading session dated Dec. 19, 2017. These shares are worth $99,321 and were traded at $26.38 each. The SEC filing shows that Rapley David E performed a sale of 4,300 shares. The Director disposed these shares by way of transaction on Nov. 13, 2017. The company’s shares were given away at $23.52 per share worth to an income of some $101,136 on account of Rapley David E.

Director, Vadon Mark C, sold 125,000 common shares of Qurate Retail Group, Inc. (QRTEA) in the open market. In a transaction dated Oct. 10, 2017, the shares were put up for sale at an average price of $22.12, raking in a sum of $2,765,000. After this sale, 597 common shares of QRTEA are directly owned by the insider, with total stake valued at $14,113.

In the transaction dated Oct. 09, 2017, the great number of shares disposed came courtesy the Director; Vadon Mark C disposed a total of 679,997 shares at an average price of $22.74, amounting to approximately $15,463,132. The insider now directly owns 125,597 shares worth $2,969,113.

Qurate Retail Group, Inc. (QRTEA) Analyst Guide

Several analysts have released their opinion on Qurate Retail Group, Inc. (NASDAQ:QRTEA), with 7 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 1 strong sell ratings, collectively assigning a 1.67 average brokerage recommendation.

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