Todays Report: Today: Bislett Management LLC Continues to Hold Position in Liberty Interactive Corp. (LVNTA)

Today: Bislett Management LLC Continues to Hold Position in Liberty Interactive Corp. (LVNTA)

Bislett Management LLC continued to hold its stake in shares of Liberty Interactive Corp. (NASDAQ:LVNTA) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,000 shares of the company’s stock at the end of the third quarter. Liberty Interactive Corp. accounts for about 1.8% of Bislett Management LLC’s holdings, making the stock its 18th largest position. Bislett Management LLC’s holdings in Liberty Interactive Corp. were worth $2,791,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Alps Advisors Inc. increased its stake in shares of Liberty Interactive Corp. by 33.2% in the second quarter. Alps Advisors Inc. now owns 278,749 shares of the company’s stock valued at $10,333,000 after buying an additional 69,405 shares during the period. Oxford Asset Management increased its stake in shares of Liberty Interactive Corp. by 473.1% in the second quarter. Oxford Asset Management now owns 608,881 shares of the company’s stock valued at $22,571,000 after buying an additional 502,645 shares during the period. Brown Advisory Inc. increased its stake in shares of Liberty Interactive Corp. by 1.5% in the second quarter. Brown Advisory Inc. now owns 7,315 shares of the company’s stock valued at $271,000 after buying an additional 105 shares during the period. ING Groep NV bought a new stake in shares of Liberty Interactive Corp. during the second quarter valued at about $661,000. Finally, Freshford Capital Management LLC increased its stake in shares of Liberty Interactive Corp. by 29.0% in the second quarter. Freshford Capital Management LLC now owns 405,571 shares of the company’s stock valued at $15,034,000 after buying an additional 91,171 shares during the period. Hedge funds and other institutional investors own 90.18% of the company’s stock.

Shares of Liberty Interactive Corp. (NASDAQ:LVNTA) traded down 0.80% on Monday, reaching $39.69. 15,831 shares of the company were exchanged. The stock has a market capitalization of $5.65 billion, a PE ratio of 8.06 and a beta of 1.06. Liberty Interactive Corp. has a 12-month low of $29.37 and a 12-month high of $41.74. The firm has a 50 day moving average price of $39.71 and a 200-day moving average price of $38.80.

LVNTA has been the subject of several research reports. FBR & Co raised their price objective on shares of Liberty Interactive Corp. from $42.00 to $45.00 and gave the stock an “outperform” rating in a research report on Friday, October 21st. Zacks Investment Research raised shares of Liberty Interactive Corp. from a “sell” rating to a “hold” rating in a report on Friday, November 11th. Evercore ISI began coverage on shares of Liberty Interactive Corp. in a report on Monday, November 7th. They set a “buy” rating and a $51.00 target price on the stock. Finally, Pivotal Research raised their target price on shares of Liberty Interactive Corp. from $53.00 to $58.00 and gave the stock a “buy” rating in a report on Monday, November 7th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Liberty Interactive Corp. presently has a consensus rating of “Buy” and an average price target of $48.40.

In other Liberty Interactive Corp. news, Director Mark C. Vadon sold 80,000 shares of the business’s stock in a transaction dated Monday, November 14th. The shares were sold at an average price of $20.59, for a total value of $1,647,200.00. Following the transaction, the director now directly owns 3,251,374 shares in the company, valued at $66,945,790.66. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Mark C. Vadon sold 151,074 shares of the business’s stock in a transaction dated Tuesday, November 15th. The shares were sold at an average price of $20.90, for a total transaction of $3,157,446.60. Following the completion of the transaction, the director now owns 3,251,374 shares in the company, valued at $67,953,716.60. The disclosure for this sale can be found here.

About Liberty Interactive Corp.

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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