Qurate Retail Inc Series A (NASDAQ:QRTEA) Director Mark C. Vadon sold 122,574 shares of the firm’s stock in a transaction dated Tuesday, September 18th. The stock was sold at an average price of $22.05, for a total transaction of $2,702,756.70. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

QRTEA stock traded up $0.25 during trading on Friday, hitting $21.12. The company had a trading volume of 3,751,831 shares, compared to its average volume of 2,787,505. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.00 and a quick ratio of 0.57. Qurate Retail Inc Series A has a 12 month low of $20.00 and a 12 month high of $29.11. The stock has a market capitalization of $10.22 billion, a PE ratio of 6.50, a price-to-earnings-growth ratio of 2.11 and a beta of 1.27.

Qurate Retail Inc Series A (NASDAQ:QRTEA) last posted its quarterly earnings data on Wednesday, August 8th. The company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.01). Qurate Retail Inc Series A had a return on equity of 21.05% and a net margin of 10.97%. The company had revenue of $3.23 billion during the quarter, compared to the consensus estimate of $3.23 billion. As a group, equities analysts expect that Qurate Retail Inc Series A will post 2.03 earnings per share for the current fiscal year.

A number of hedge funds have recently bought and sold shares of the stock. BlackRock Inc. acquired a new stake in Qurate Retail Inc Series A during the 2nd quarter worth $464,441,000. FMR LLC acquired a new stake in Qurate Retail Inc Series A during the 2nd quarter worth $265,833,000. Artisan Partners Limited Partnership acquired a new stake in Qurate Retail Inc Series A during the 2nd quarter worth $194,682,000. Dimensional Fund Advisors LP acquired a new stake in Qurate Retail Inc Series A during the 2nd quarter worth $150,218,000. Finally, Makaira Partners LLC acquired a new stake in Qurate Retail Inc Series A during the 2nd quarter worth $137,677,000. Hedge funds and other institutional investors own 85.13% of the company’s stock.

A number of research firms have recently issued reports on QRTEA. Zacks Investment Research cut shares of Qurate Retail Inc Series A from a “hold” rating to a “sell” rating in a research note on Wednesday, August 1st. Aegis reiterated a “buy” rating and issued a $30.00 target price on shares of Qurate Retail Inc Series A in a research note on Tuesday, August 21st. Citigroup cut their target price on shares of Qurate Retail Inc Series A from $25.00 to $18.00 and set a “sell” rating for the company in a research note on Tuesday, June 19th. Finally, ValuEngine cut shares of Qurate Retail Inc Series A from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 23rd. Three analysts have rated the stock with a sell rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $30.60.

Qurate Retail Inc Series A Company Profile

Qurate Retail, Inc, through its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. It markets and sells various consumer products primarily through live televised shopping programs, Websites, and mobile applications to 374 million households worldwide each day.

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