The Liberty SiriusXM Group (NASDAQ:LSXMA - Get Free Report) major shareholder Berkshire Hathaway Inc purchased 413,227 shares of the firm's stock in a transaction that occurred on Friday, April 12th. The shares were acquired at an average price of $25.58 per share, for a total transaction of $10,570,346.66. Following the completion of the transaction, the insider now owns 69,044,244 shares in the company, valued at $1,766,151,761.52. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own 10% or more of a company's stock are required to disclose their transactions with the SEC.
Berkshire Hathaway Inc also recently made the following trade(s):
- On Wednesday, April 10th, Berkshire Hathaway Inc purchased 513,104 shares of The Liberty SiriusXM Group stock. The shares were acquired at an average price of $25.96 per share, for a total transaction of $13,320,179.84.
- On Monday, April 8th, Berkshire Hathaway Inc purchased 938,896 shares of The Liberty SiriusXM Group stock. The shares were acquired at an average price of $26.98 per share, for a total transaction of $25,331,414.08.
- On Thursday, April 4th, Berkshire Hathaway Inc acquired 1,250,000 shares of The Liberty SiriusXM Group stock. The shares were purchased at an average cost of $27.76 per share, for a total transaction of $34,700,000.00.
- On Wednesday, March 27th, Berkshire Hathaway Inc acquired 189,759 shares of The Liberty SiriusXM Group stock. The shares were purchased at an average cost of $29.25 per share, for a total transaction of $5,550,450.75.
- On Monday, March 25th, Berkshire Hathaway Inc acquired 199,664 shares of The Liberty SiriusXM Group stock. The shares were purchased at an average cost of $28.82 per share, for a total transaction of $5,754,316.48.
- On Thursday, March 21st, Berkshire Hathaway Inc acquired 333,916 shares of The Liberty SiriusXM Group stock. The shares were purchased at an average cost of $28.92 per share, for a total transaction of $9,656,850.72.
- On Monday, March 11th, Berkshire Hathaway Inc acquired 20,609 shares of The Liberty SiriusXM Group stock. The shares were purchased at an average cost of $29.94 per share, for a total transaction of $617,033.46.
- On Friday, March 8th, Berkshire Hathaway Inc acquired 521,804 shares of The Liberty SiriusXM Group stock. The shares were purchased at an average cost of $29.86 per share, for a total transaction of $15,581,067.44.
- On Monday, March 4th, Berkshire Hathaway Inc acquired 234,194 shares of The Liberty SiriusXM Group stock. The shares were purchased at an average cost of $28.77 per share, for a total transaction of $6,737,761.38.
- On Wednesday, March 6th, Berkshire Hathaway Inc purchased 1,188,000 shares of The Liberty SiriusXM Group stock. The stock was bought at an average cost of $29.39 per share, for a total transaction of $34,915,320.00.
The Liberty SiriusXM Group Price Performance
4 Cryptos BETTER than Bitcoin
From True Market Insiders | Ad
Former Wall Street Insider and Professional Money Manager Reveals 4 Cryptos BETTER Than Bitcoin
Click For My #1 FREE Crypto for 2024
LSXMA stock opened at $25.50 on Friday. The business's fifty day moving average is $29.25 and its 200-day moving average is $27.97. The Liberty SiriusXM Group has a twelve month low of $22.01 and a twelve month high of $31.69.
The Liberty SiriusXM Group (NASDAQ:LSXMA - Get Free Report) last posted its quarterly earnings results on Wednesday, February 28th. The technology company reported $0.53 earnings per share for the quarter. The company had revenue of $2.29 billion during the quarter. On average, equities research analysts forecast that The Liberty SiriusXM Group will post 1.41 EPS for the current year.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the stock. NewEdge Advisors LLC increased its position in shares of The Liberty SiriusXM Group by 305.7% in the 1st quarter. NewEdge Advisors LLC now owns 1,213 shares of the technology company's stock valued at $34,000 after buying an additional 914 shares in the last quarter. TFO Wealth Partners LLC increased its position in shares of The Liberty SiriusXM Group by 70,150.0% in the 4th quarter. TFO Wealth Partners LLC now owns 1,405 shares of the technology company's stock valued at $40,000 after buying an additional 1,403 shares in the last quarter. Ossiam increased its position in shares of The Liberty SiriusXM Group by 76.8% in the 1st quarter. Ossiam now owns 1,579 shares of the technology company's stock valued at $44,000 after buying an additional 686 shares in the last quarter. Atlas Capital Advisors LLC bought a new stake in shares of The Liberty SiriusXM Group in the 2nd quarter valued at $51,000. Finally, MetLife Investment Management LLC bought a new stake in shares of The Liberty SiriusXM Group in the 1st quarter valued at $85,000. Institutional investors and hedge funds own 28.72% of the company's stock.
The Liberty SiriusXM Group Company Profile
(
Get Free Report)
The Liberty SiriusXM Group, through its subsidiaries, engages in the entertainment business in the United States, the United Kingdom, and internationally. It features music, sports, entertainment, comedy, talk, news, traffic, weather channels, podcast, and infotainment services through proprietary satellite radio systems, as well as streamed through SXM App for mobile and home devices, and other consumer electronic equipment.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
