The Liberty SiriusXM Group (NASDAQ:LSXMK - Get Free Report) major shareholder Berkshire Hathaway Inc bought 413,227 shares of the business's stock in a transaction that occurred on Friday, April 12th. The shares were purchased at an average price of $25.58 per share, for a total transaction of $10,570,346.66. Following the completion of the purchase, the insider now directly owns 69,044,244 shares of the company's stock, valued at approximately $1,766,151,761.52. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases with the SEC.
Berkshire Hathaway Inc also recently made the following trade(s):
- On Wednesday, April 10th, Berkshire Hathaway Inc bought 513,104 shares of The Liberty SiriusXM Group stock. The shares were purchased 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 bought 938,896 shares of The Liberty SiriusXM Group stock. The shares were purchased 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 purchased 1,250,000 shares of The Liberty SiriusXM Group stock. The stock was bought at an average price of $27.76 per share, for a total transaction 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 bought at an average price of $29.25 per share, for a total transaction of $5,550,450.75.
- On Monday, March 25th, Berkshire Hathaway Inc bought 199,664 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average cost of $28.82 per share, with a total value of $5,754,316.48.
- On Thursday, March 21st, Berkshire Hathaway Inc bought 333,916 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average cost of $28.92 per share, with a total value of $9,656,850.72.
- On Monday, March 11th, Berkshire Hathaway Inc bought 20,609 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average cost of $29.94 per share, with a total value of $617,033.46.
- On Friday, March 8th, Berkshire Hathaway Inc bought 521,804 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average cost of $29.86 per share, with a total value of $15,581,067.44.
- On Wednesday, March 6th, Berkshire Hathaway Inc bought 1,188,000 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average cost of $29.39 per share, with a total value of $34,915,320.00.
- On Monday, March 4th, Berkshire Hathaway Inc purchased 234,194 shares of The Liberty SiriusXM Group stock. The stock was purchased at an average price of $28.77 per share, with a total value of $6,737,761.38.
The Liberty SiriusXM Group Trading Down 2.7 %
Elon’s New A.I. Device is About to Shock the World
From InvestorPlace | Ad
Using this device you see above…
Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in…
“The next step in human evolution.”
Click here to see the details because there’s a lot of money at stake.
The Liberty SiriusXM Group stock opened at $25.42 on Friday. The stock has a 50-day moving average price of $29.25 and a 200 day moving average price of $27.94. The Liberty SiriusXM Group has a 52 week low of $22.24 and a 52 week high of $31.67.
The Liberty SiriusXM Group (NASDAQ:LSXMK - Get Free Report) last posted its quarterly earnings data on Wednesday, February 28th. The technology company reported $0.53 EPS for the quarter, topping analysts' consensus estimates of $0.52 by $0.01. The company had revenue of $2.29 billion for the quarter.
Institutional Trading of The Liberty SiriusXM Group
A number of hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in The Liberty SiriusXM Group by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 14,457,817 shares of the technology company's stock worth $661,157,000 after buying an additional 140,296 shares during the last quarter. Baupost Group LLC MA boosted its stake in The Liberty SiriusXM Group by 6.2% in the 1st quarter. Baupost Group LLC MA now owns 11,161,589 shares of the technology company's stock worth $510,419,000 after buying an additional 651,722 shares during the last quarter. BlackRock Inc. boosted its stake in The Liberty SiriusXM Group by 2.0% in the 1st quarter. BlackRock Inc. now owns 10,575,859 shares of the technology company's stock worth $296,018,000 after buying an additional 206,267 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in The Liberty SiriusXM Group by 7.4% in the 1st quarter. JPMorgan Chase & Co. now owns 9,201,708 shares of the technology company's stock worth $257,556,000 after buying an additional 630,056 shares during the last quarter. Finally, State Street Corp boosted its stake in The Liberty SiriusXM Group by 0.6% in the 3rd quarter. State Street Corp now owns 3,450,480 shares of the technology company's stock worth $130,118,000 after buying an additional 20,922 shares during the last quarter. 56.58% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, StockNews.com upgraded The Liberty SiriusXM Group from a "sell" rating to a "hold" rating in a research report on Wednesday, March 6th.
Read Our Latest Research Report on The Liberty SiriusXM Group
About The Liberty SiriusXM Group
(
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].
