Dimensional Fund Advisors LP raised its stake in Liberty Interactive Corp. (NASDAQ:LVNTA) by 5.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,284,614 shares of the company’s stock after buying an additional 120,220 shares during the period. Dimensional Fund Advisors LP owned about 1.61% of Liberty Interactive Corp. worth $84,688,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Springbok Capital Management LLC increased its stake in Liberty Interactive Corp. by 14.1% in the first quarter. Springbok Capital Management LLC now owns 2,579 shares of the company’s stock valued at $101,000 after buying an additional 319 shares during the last quarter. Mutual of America Capital Management LLC increased its stake in shares of Liberty Interactive Corp. by 930.4% in the second quarter. Mutual of America Capital Management LLC now owns 2,916 shares of the company’s stock worth $108,000 after buying an additional 2,633 shares during the last quarter. BlueMountain Capital Management LLC increased its stake in shares of Liberty Interactive Corp. by 99.9% in the first quarter. BlueMountain Capital Management LLC now owns 6,062 shares of the company’s stock worth $237,000 after buying an additional 3,029 shares during the last quarter. Commerce Bank purchased a new stake in shares of Liberty Interactive Corp. during the second quarter worth about $261,000. Finally, Rafferty Asset Management LLC increased its stake in shares of Liberty Interactive Corp. by 1.0% in the first quarter. Rafferty Asset Management LLC now owns 9,985 shares of the company’s stock worth $391,000 after buying an additional 97 shares during the last quarter. 88.62% of the stock is owned by institutional investors.
Liberty Interactive Corp. (NASDAQ:LVNTA) opened at 39.17 on Friday. Liberty Interactive Corp. has a 52-week low of $32.35 and a 52-week high of $45.39. The stock’s 50 day moving average is $38.99 and its 200-day moving average is $38.40. The company has a market capitalization of $5.58 billion, a P/E ratio of 17.03 and a beta of 1.07.
A number of equities research analysts have issued reports on the stock. Citigroup Inc. raised shares of Liberty Interactive Corp. from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $43.00 to $45.00 in a research report on Thursday, June 9th. Pivotal Research assumed coverage on shares of Liberty Interactive Corp. in a research report on Wednesday, June 8th. They issued a “buy” rating and a $48.00 price objective for the company. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $44.75.
In other news, Director Michael A. George sold 150,000 shares of the firm’s stock in a transaction dated Monday, July 11th. The shares were sold at an average price of $26.24, for a total value of $3,936,000.00. Following the completion of the sale, the director now directly owns 1,081,179 shares of the company’s stock, valued at approximately $28,370,136.96. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Liberty Interactive Corp. Company Profile
Liberty Interactive Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the video and online 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).
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