GSA Capital Partners LLP Acquires Shares of 1,170,338 Qurate Retail, Inc. (NASDAQ:QRTEA)

GSA Capital Partners LLP bought a new position in Qurate Retail, Inc. (NASDAQ:QRTEA) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,170,338 shares of the company’s stock, valued at approximately $714,000. GSA Capital Partners LLP owned approximately 0.29% of Qurate Retail as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Renaissance Technologies LLC grew its stake in shares of Qurate Retail by 867.1% in the 2nd quarter. Renaissance Technologies LLC now owns 3,564,255 shares of the company’s stock valued at $2,245,000 after buying an additional 3,195,694 shares in the last quarter. Privium Fund Management UK Ltd bought a new stake in Qurate Retail in the second quarter worth approximately $752,000. Acadian Asset Management LLC grew its position in Qurate Retail by 28.7% in the first quarter. Acadian Asset Management LLC now owns 5,950,168 shares of the company’s stock worth $7,316,000 after acquiring an additional 1,327,990 shares in the last quarter. BNP Paribas Financial Markets increased its stake in shares of Qurate Retail by 3,892.6% during the 1st quarter. BNP Paribas Financial Markets now owns 204,543 shares of the company’s stock worth $252,000 after purchasing an additional 199,420 shares during the last quarter. Finally, Gabelli Funds LLC raised its holdings in shares of Qurate Retail by 12.3% during the 1st quarter. Gabelli Funds LLC now owns 530,000 shares of the company’s stock valued at $652,000 after purchasing an additional 58,000 shares in the last quarter. Institutional investors and hedge funds own 64.10% of the company’s stock.

Insider Activity at Qurate Retail

In other news, insider Renee L. Wilm sold 75,789 shares of the company’s stock in a transaction that occurred on 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 document filed with the Securities & Exchange Commission, which is available through the SEC website. 11.80% of the stock is currently owned by company insiders.

Qurate Retail Stock Down 5.4 %

Shares of QRTEA stock opened at $0.43 on Monday. Qurate Retail, Inc. has a twelve month low of $0.42 and a twelve month high of $1.80. The company has a market capitalization of $169.84 million, a price-to-earnings ratio of -0.60 and a beta of 2.68. The company has a debt-to-equity ratio of 8.74, a quick ratio of 0.90 and a current ratio of 1.22. The stock’s 50 day simple moving average is $0.55 and its 200 day simple moving average is $0.64.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of Qurate Retail in a research report on Friday. They set a “hold” rating on the stock.

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.