GSA Capital Partners LLP Takes $714,000 Position in Qurate Retail, Inc. (NASDAQ:QRTEA)

GSA Capital Partners LLP bought a new position in Qurate Retail, Inc. (NASDAQ:QRTEA) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,170,338 shares of the company’s stock, valued at approximately $714,000.

A number of other institutional investors have also recently bought and sold shares of the business. BNP Paribas Financial Markets boosted its holdings in Qurate Retail by 3,892.6% during the first quarter. BNP Paribas Financial Markets now owns 204,543 shares of the company’s stock valued at $252,000 after purchasing an additional 199,420 shares in the last quarter. State Board of Administration of Florida Retirement System acquired a new stake in Qurate Retail in the 1st quarter valued at $184,000. 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 valued at $7,316,000 after acquiring an additional 1,327,990 shares during the period. Gamco Investors INC. ET AL raised its stake in Qurate Retail by 14.4% during the first quarter. Gamco Investors INC. ET AL now owns 687,465 shares of the company’s stock worth $846,000 after acquiring an additional 86,620 shares in the last quarter. Finally, Gabelli Funds LLC lifted its holdings in shares of Qurate Retail by 12.3% during the first quarter. Gabelli Funds LLC now owns 530,000 shares of the company’s stock valued at $652,000 after acquiring an additional 58,000 shares during the period. Institutional investors and hedge funds own 64.10% of the company’s stock.

Qurate Retail Stock Performance

NASDAQ QRTEA opened at $0.43 on Monday. Qurate Retail, Inc. has a 1-year low of $0.42 and a 1-year high of $1.80. The company has a 50 day moving average of $0.55 and a 200-day moving average of $0.64. The company has a current ratio of 1.22, a quick ratio of 0.90 and a debt-to-equity ratio of 8.74. The firm has a market cap of $169.84 million, a price-to-earnings ratio of -0.60 and a beta of 2.68.

Analyst Ratings Changes

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

Insider Activity at Qurate Retail

In other Qurate Retail news, insider Renee L. Wilm sold 75,789 shares of the business’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $0.97, for a total value of $73,515.33. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 11.80% of the company’s 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.