237,338 Shares in QVC Group Inc. $QVCGA Acquired by Goldman Sachs Group Inc.

Key Points

• Goldman Sachs Group Inc. has acquired 237,338 shares of QVC Group Inc., representing about 2.94% ownership of the company, valued at approximately $48,000.
• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in QVC Group by 14.8%, now owning 235,024 shares valued at $78,000.
• QVC Group reported a negative net margin of 37.71% and a negative return on equity of 1,390.16% in its most recent earnings report.

Goldman Sachs Group Inc. bought a new position in shares of QVC Group Inc. (NASDAQ:QVCGA - Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 237,338 shares of the company's stock, valued at approximately $48,000. Goldman Sachs Group Inc. owned about 2.94% of QVC Group at the end of the most recent quarter.

Separately, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of QVC Group by 14.8% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 235,024 shares of the company's stock valued at $78,000 after purchasing an additional 30,352 shares during the last quarter. Institutional investors and hedge funds own 64.10% of the company's stock.

QVC Group Stock Performance

Shares of QVCGA opened at $13.49 on Wednesday. QVC Group Inc. has a 52 week low of $2.27 and a 52 week high of $34.98. The firm has a market cap of $108.86 million, a P/E ratio of -0.03 and a beta of 2.96. The firm's 50-day simple moving average is $7.64 and its 200 day simple moving average is $7.45.

QVC Group (NASDAQ:QVCGA - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $21.39 EPS for the quarter. QVC Group had a negative net margin of 37.71% and a negative return on equity of 1,390.16%. The business had revenue of $2.24 billion for the quarter.

QVC Group Profile

QVC Group, Inc engages in the business of video and online commerce industries. It operates through the following segments: QxH, QVC International and CBI. The QxH segment markets and sells a wide variety of consumer products in the U.S., primarily by means of its televised shopping programs and via the Internet through their websites and mobile applications.

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