Trade Report: Today, Wells Fargo & Company MN Buys 55,957 Shares of Liberty Interactive Corp. (LVNTA)

Today, Wells Fargo & Company MN Buys 55,957 Shares of Liberty Interactive Corp. (LVNTA)

Wells Fargo & Company MN raised its stake in Liberty Interactive Corp. (NASDAQ:LVNTA) by 17.0% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 384,799 shares of the company’s stock after buying an additional 55,957 shares during the period. Wells Fargo & Company MN owned about 0.27% of Liberty Interactive Corp. worth $15,343,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in LVNTA. Locust Wood Capital Advisers LLC acquired a new position in shares of Liberty Interactive Corp. during the second quarter valued at about $45,938,000. Polar Capital LLP increased its position in Liberty Interactive Corp. by 160.1% in the second quarter. Polar Capital LLP now owns 1,588,931 shares of the company’s stock valued at $58,902,000 after buying an additional 977,986 shares during the period. Artisan Partners Limited Partnership increased its position in Liberty Interactive Corp. by 16.3% in the second quarter. Artisan Partners Limited Partnership now owns 4,298,465 shares of the company’s stock valued at $159,344,000 after buying an additional 602,464 shares during the period. FMR LLC purchased a new position in Liberty Interactive Corp. during the second quarter valued at $18,993,000. Finally, Oxford Asset Management increased its position in 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. 92.26% of the stock is currently owned by institutional investors.

Shares of Liberty Interactive Corp. (NASDAQ:LVNTA) traded up 1.50% on Friday, reaching $40.01. 320,066 shares of the company were exchanged. The stock has a 50 day moving average price of $39.71 and a 200-day moving average price of $38.80. Liberty Interactive Corp. has a 12 month low of $32.35 and a 12 month high of $45.39. The stock has a market capitalization of $5.70 billion, a P/E ratio of 8.12 and a beta of 1.06.

Several research firms have recently weighed in on LVNTA. Zacks Investment Research raised shares of Liberty Interactive Corp. from a “sell” rating to a “hold” rating in a research report on Friday, November 11th. FBR & Co reissued a “buy” rating and issued a $45.00 target price on shares of Liberty Interactive Corp. in a research report on Wednesday, November 9th. Evercore ISI began coverage on shares of Liberty Interactive Corp. in a research report on Monday, November 7th. They issued a “buy” rating and a $51.00 target price on the stock. Finally, Pivotal Research lifted their target price on shares of Liberty Interactive Corp. from $53.00 to $58.00 and gave the stock a “buy” rating in a research report on Monday, November 7th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Liberty Interactive Corp. presently has an average rating of “Buy” and an average target price of $48.40.

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

Liberty Interactive Corp. Company Profile

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