Qurate Retail, Inc. (NASDAQ:QRTEA) Shares Purchased by Victory Capital Management Inc.

Victory Capital Management Inc. boosted its stake in Qurate Retail, Inc. (NASDAQ:QRTEA) by 246.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 161,293 shares of the company’s stock after purchasing an additional 114,736 shares during the period. Victory Capital Management Inc.’s holdings in Qurate Retail were worth $98,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. DoubleLine ETF Adviser LP boosted its stake in shares of Qurate Retail by 97.3% in the second quarter. DoubleLine ETF Adviser LP now owns 39,056 shares of the company’s stock valued at $25,000 after purchasing an additional 19,265 shares during the period. Walleye Trading LLC acquired a new position in shares of Qurate Retail in the first quarter worth $31,000. Price T Rowe Associates Inc. MD grew its stake in shares of Qurate Retail by 35.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 101,240 shares of the company’s stock worth $125,000 after acquiring an additional 26,700 shares in the last quarter. Summit Trail Advisors LLC increased its position in shares of Qurate Retail by 18.2% during the second quarter. Summit Trail Advisors LLC now owns 260,000 shares of the company’s stock worth $164,000 after acquiring an additional 40,000 shares during the period. Finally, Mackenzie Financial Corp raised its stake in shares of Qurate Retail by 100.9% in the second quarter. Mackenzie Financial Corp now owns 104,936 shares of the company’s stock valued at $66,000 after acquiring an additional 52,706 shares in the last quarter. Hedge funds and other institutional investors own 64.10% of the company’s stock.

Insider Activity

In related news, insider Renee L. Wilm sold 75,789 shares of the firm’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $0.97, for a total transaction of $73,515.33. The transaction was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 11.80% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Qurate Retail in a research note on Sunday. They set a “hold” rating on the stock.

Qurate Retail Trading Up 11.9 %

NASDAQ QRTEA opened at $0.47 on Monday. The firm’s fifty day moving average price is $0.53 and its 200 day moving average price is $0.61. Qurate Retail, Inc. has a 12 month low of $0.35 and a 12 month high of $1.80. The company has a debt-to-equity ratio of 8.74, a current ratio of 1.22 and a quick ratio of 0.73. The company has a market capitalization of $185.53 million, a price-to-earnings ratio of -0.66 and a beta of 2.68.

About Qurate Retail

Qurate Retail, Inc, together with its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. The company markets and sells various consumer products primarily through merchandise-focused televised shopping programs, Internet, and mobile applications. It also operates as an online retailer offering women's, children's, and men's apparel; and other products, such as home, accessories, and beauty products through its app, mobile, and desktop applications.