Qurate Retail, Inc. (NASDAQ:QRTEA) Holdings Cut by Investment Management Associates Inc. ADV

Investment Management Associates Inc. ADV lowered its holdings in Qurate Retail, Inc. (NASDAQ:QRTEA) by 4.3% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,124,152 shares of the company’s stock after selling 96,398 shares during the period. Qurate Retail comprises about 0.5% of Investment Management Associates Inc. ADV’s investment portfolio, making the stock its 21st biggest holding. Investment Management Associates Inc. ADV’s holdings in Qurate Retail were worth $1,296,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Walleye Trading LLC acquired a new stake in shares of Qurate Retail in the first quarter valued at approximately $31,000. Headlands Technologies LLC bought a new stake in Qurate Retail during the first quarter worth approximately $33,000. Norden Group LLC raised its holdings in Qurate Retail by 88.2% during the first quarter. Norden Group LLC now owns 28,306 shares of the company’s stock worth $35,000 after purchasing an additional 13,263 shares in the last quarter. Citizens Financial Group Inc. RI bought a new stake in Qurate Retail during the first quarter worth approximately $43,000. Finally, DoubleLine ETF Adviser LP raised its holdings in Qurate Retail by 97.3% during the second quarter. DoubleLine ETF Adviser LP now owns 39,056 shares of the company’s stock worth $25,000 after purchasing an additional 19,265 shares in the last quarter. Institutional investors own 64.10% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on Qurate Retail in a report on Tuesday, September 17th. They set a “hold” rating on the stock.

Insider Buying and Selling

In other Qurate Retail news, insider Renee L. Wilm sold 75,789 shares of the company’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $0.97, for a total value of $73,515.33. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 11.80% of the stock is owned by corporate insiders.

Qurate Retail Price Performance

Shares of NASDAQ:QRTEA opened at $0.45 on Tuesday. Qurate Retail, Inc. has a 12 month low of $0.43 and a 12 month high of $1.80. The stock has a market cap of $180.48 million, a price-to-earnings ratio of -0.64 and a beta of 2.68. The stock’s 50 day moving average price is $0.56 and its 200 day moving average price is $0.65. The company has a debt-to-equity ratio of 10.65, a current ratio of 1.34 and a quick ratio of 0.90.

Qurate Retail Company Profile

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.