Stock Traders Buy Large Volume of Put Options on Liberty Interactive (QVCA)

Liberty Interactive Corporation (NASDAQ:QVCA) was the recipient of some unusual options trading activity on Monday. Stock traders purchased 905 put options on the company. This represents an increase of approximately 738% compared to the typical daily volume of 108 put options.

QVCA has been the topic of several analyst reports. ValuEngine downgraded shares of Liberty Interactive from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. BidaskClub cut shares of Liberty Interactive from a “hold” rating to a “sell” rating in a research note on Thursday, December 14th. Zacks Investment Research upgraded shares of Liberty Interactive from a “sell” rating to a “buy” rating and set a $25.00 target price for the company in a research note on Tuesday, October 10th. DA Davidson initiated coverage on shares of Liberty Interactive in a research note on Wednesday, September 13th. They issued a “buy” rating and a $33.00 target price for the company. Finally, B. Riley reiterated a “buy” rating on shares of Liberty Interactive in a research note on Thursday, November 2nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $29.50.

In other news, Director Mark C. Vadon sold 125,000 shares of Liberty Interactive stock in a transaction dated Tuesday, October 10th. The shares were sold at an average price of $22.12, for a total transaction of $2,765,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Mark C. Vadon sold 679,997 shares of Liberty Interactive stock in a transaction dated Monday, October 9th. The shares were sold at an average price of $22.74, for a total transaction of $15,463,131.78. The disclosure for this sale can be found here. Insiders sold 1,288,215 shares of company stock worth $29,575,678 in the last 90 days. Corporate insiders own 10.68% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in QVCA. Rafferty Asset Management LLC raised its holdings in shares of Liberty Interactive by 1.2% in the 2nd quarter. Rafferty Asset Management LLC now owns 29,090 shares of the company’s stock worth $714,000 after acquiring an additional 345 shares during the last quarter. MUFG Americas Holdings Corp boosted its holdings in shares of Liberty Interactive by 2.7% in the 2nd quarter. MUFG Americas Holdings Corp now owns 13,670 shares of the company’s stock valued at $335,000 after buying an additional 359 shares in the last quarter. Global Endowment Management LP boosted its holdings in shares of Liberty Interactive by 0.5% in the 2nd quarter. Global Endowment Management LP now owns 79,430 shares of the company’s stock valued at $1,949,000 after buying an additional 400 shares in the last quarter. Scotia Capital Inc. boosted its holdings in shares of Liberty Interactive by 1.5% in the 2nd quarter. Scotia Capital Inc. now owns 29,835 shares of the company’s stock valued at $732,000 after buying an additional 432 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its holdings in shares of Liberty Interactive by 0.7% in the 2nd quarter. D.A. Davidson & CO. now owns 67,646 shares of the company’s stock valued at $1,660,000 after buying an additional 489 shares in the last quarter. Institutional investors and hedge funds own 97.02% of the company’s stock.

Shares of Liberty Interactive (QVCA) opened at $25.34 on Thursday. Liberty Interactive has a twelve month low of $17.24 and a twelve month high of $26.79. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.18 and a quick ratio of 0.73. The firm has a market capitalization of $15,960.00, a P/E ratio of 22.83, a PEG ratio of 1.66 and a beta of 1.33.

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About Liberty Interactive

Liberty Interactive Corporation owns interests in subsidiaries and other companies, which are primarily engaged in the video and online commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. Its principal businesses and assets include its subsidiaries QVC, Inc (QVC), zulily, llc (zulily) and and Evite, Inc (Evite).

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