Insider Selling in Qurate Retail (QRTEA) Shares Continues
10:19 PM EST, 02/04/2021 (MT Newswires) -- There was a notable insider sale of Qurate Retail shares today, as revealed in a filing with the SEC as -- Michael A George, Director and Officer -- disposed of 100,000 shares in the company having a market value of approximately $1,246,260. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. These trades have resulted in the purchase of 2,000 company shares and the disposition of 100,000 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 198,000 shares and have averaged 67,333 shares per transaction over this time period.
The level of buy-sell trading at Qurate Retail is near the 8 member peer company average. The Internet & Mail Order Department Stores peer group saw 20 buy/sell trades during this period for an average of 2.5 transactions per company. However, the number of shares per buy/sell trade transacted by Qurate Retail insiders is higher. Within the peer group there were 6,000 shares purchased and 382,584 shares sold with company insiders having sold 18,829 shares on average.
To bring into focus significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated in data sourced to compose and write this story.
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