Insider Selling: Malcolm Ian Grant Gilchrist Unloads 1,066 Shares of Liberty Interactive (Interactive group) Stock (LINTA)
Liberty Interactive (Interactive group) (NASDAQ:LINTA) Director Malcolm Ian Grant Gilchrist unloaded 1,066 shares of the stock on the open market in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $28.30, for a total transaction of $30,167.80. Following the sale, the director now directly owns 2,534 shares of the company’s stock, valued at approximately $71,712. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
A number of research firms have recently commented on LINTA. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Liberty Interactive (Interactive group) in a research note on Monday. They now have a $34.00 price target on the stock, up previously from $32.50. Analysts at Wunderlich raised their price target on shares of Liberty Interactive (Interactive group) from $36.00 to $40.00 in a research note on Thursday, June 12th. They now have a “buy” rating on the stock. Nine equities research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and a consensus price target of $34.33.
Liberty Interactive (NASDAQ:LINTA) traded up 1.62% on Monday, hitting $28.84. 1,760,617 shares of the company’s stock traded hands. Liberty Interactive has a 1-year low of $21.95 and a 1-year high of $30.68. The stock’s 50-day moving average is $28.5 and its 200-day moving average is $28.78. The company has a market cap of $13.888 billion and a P/E ratio of 28.18.
Liberty Interactive (Interactive group) (NASDAQ:LINTA) last released its earnings data on Tuesday, August 5th. The company reported $0.21 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.27 by $0.06. The company had revenue of $2.50 billion for the quarter, compared to the consensus estimate of $2.50 billion. Analysts expect that Liberty Interactive will post $1.11 EPS for the current fiscal year.
Liberty Interactive Corporation owns interests in subsidiaries and other companies which are primarily engaged in the video and on-line commerce industries.
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