Qurate Retail, Inc. (NASDAQ:QRTEA) Shares Sold by Marathon Trading Investment Management LLC

Marathon Trading Investment Management LLC lowered its position in shares of Qurate Retail, Inc. (NASDAQ:QRTEA) by 81.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 60,300 shares of the company’s stock after selling 257,700 shares during the period. Marathon Trading Investment Management LLC’s holdings in Qurate Retail were worth $38,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Norden Group LLC lifted its position in Qurate Retail by 88.2% in the first quarter. Norden Group LLC now owns 28,306 shares of the company’s stock valued at $35,000 after buying an additional 13,263 shares during the last quarter. Walleye Trading LLC acquired a new position in shares of Qurate Retail in the 1st quarter worth approximately $31,000. Headlands Technologies LLC purchased a new position in shares of Qurate Retail during the 1st quarter worth approximately $33,000. Price T Rowe Associates Inc. MD increased its holdings in Qurate Retail by 35.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 101,240 shares of the company’s stock valued at $125,000 after purchasing an additional 26,700 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. raised its position in Qurate Retail by 8.4% in the first quarter. Oppenheimer Asset Management Inc. now owns 370,801 shares of the company’s stock valued at $456,000 after purchasing an additional 28,646 shares during the period. Hedge funds and other institutional investors own 64.10% of the company’s stock.

Qurate Retail Stock Performance

NASDAQ QRTEA opened at $0.56 on Thursday. The company has a market cap of $220.08 million, a P/E ratio of -1.34 and a beta of 2.67. Qurate Retail, Inc. has a 1-year low of $0.40 and a 1-year high of $1.80. The company has a debt-to-equity ratio of 10.65, a current ratio of 1.34 and a quick ratio of 0.90. The stock has a 50-day moving average of $0.64 and a two-hundred day moving average of $0.81.

Qurate Retail (NASDAQ:QRTEA) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.05 earnings per share for the quarter. The firm had revenue of $2.41 billion during the quarter. Qurate Retail had a negative net margin of 2.44% and a positive return on equity of 33.57%.

Insiders Place Their Bets

In other Qurate Retail news, insider Renee L. Wilm sold 75,789 shares of the company’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 sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 11.80% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on Qurate Retail in a research report on Tuesday. They set a “hold” rating for the company.

Qurate Retail 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.