The Liberty SiriusXM Group (NASDAQ:LSXMA - Get Free Report) major shareholder Berkshire Hathaway Inc purchased 311,637 shares of the firm's stock in a transaction on Monday, April 29th. The stock was acquired at an average cost of $25.47 per share, with a total value of $7,937,394.39. Following the transaction, the insider now directly owns 70,002,897 shares in the company, valued at $1,782,973,786.59. The purchase was disclosed in a filing with the SEC, which is available at this link. Large shareholders that own more than 10% 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 Friday, April 26th, Berkshire Hathaway Inc purchased 219,303 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average cost of $24.46 per share, with a total value of $5,364,151.38.
- On Wednesday, April 24th, Berkshire Hathaway Inc purchased 123,388 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average cost of $25.22 per share, with a total value of $3,111,845.36.
- On Friday, April 12th, Berkshire Hathaway Inc purchased 413,227 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average cost of $25.58 per share, with a total value of $10,570,346.66.
- On Wednesday, April 10th, Berkshire Hathaway Inc purchased 513,104 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average cost of $25.96 per share, with a total value of $13,320,179.84.
- On Monday, April 8th, Berkshire Hathaway Inc purchased 938,896 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average cost of $26.98 per share, with a total value of $25,331,414.08.
- On Thursday, April 4th, Berkshire Hathaway Inc purchased 1,250,000 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average cost of $27.76 per share, with a total value of $34,700,000.00.
- On Wednesday, March 27th, Berkshire Hathaway Inc purchased 189,759 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average cost of $29.25 per share, with a total value of $5,550,450.75.
- On Monday, March 25th, Berkshire Hathaway Inc acquired 199,664 shares of The Liberty SiriusXM Group stock. The stock was purchased at an average price 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 stock was purchased at an average price 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 stock was purchased at an average price of $29.94 per share, for a total transaction of $617,033.46.
The Liberty SiriusXM Group Trading Up 2.4 %
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Shares of NASDAQ:LSXMA opened at $24.63 on Thursday. The company's fifty day moving average price is $27.79 and its 200 day moving average price is $27.96. The Liberty SiriusXM Group has a 12 month low of $22.01 and a 12 month high of $31.69.
The Liberty SiriusXM Group (NASDAQ:LSXMA - Get Free Report) last announced its quarterly earnings results on Wednesday, February 28th. The technology company reported $0.53 EPS for the quarter. The company had revenue of $2.29 billion for the quarter. On average, analysts anticipate that The Liberty SiriusXM Group will post 1.41 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Separately, Citigroup lowered shares of The Liberty SiriusXM Group from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $35.00 to $28.00 in a report on Wednesday, April 24th.
View Our Latest Research Report on The Liberty SiriusXM Group
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of LSXMA. TFO Wealth Partners LLC increased its stake in The Liberty SiriusXM Group by 70,150.0% in the fourth quarter. TFO Wealth Partners LLC now owns 1,405 shares of the technology company's stock valued at $40,000 after purchasing an additional 1,403 shares during the period. LWM Advisory Services LLC acquired a new position in The Liberty SiriusXM Group in the third quarter valued at $134,000. Seizert Capital Partners LLC acquired a new position in The Liberty SiriusXM Group in the fourth quarter valued at $224,000. Robeco Institutional Asset Management B.V. acquired a new position in The Liberty SiriusXM Group in the fourth quarter valued at $234,000. Finally, Jump Financial LLC purchased a new stake in shares of The Liberty SiriusXM Group in the third quarter valued at about $244,000. 28.72% of the stock is currently owned by institutional investors and hedge funds.
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.
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