The Liberty SiriusXM Group (NASDAQ:LSXMK - Get Free Report) major shareholder Berkshire Hathaway Inc acquired 123,388 shares of the stock in a transaction that occurred on Wednesday, April 24th. The stock was acquired at an average cost of $25.22 per share, for a total transaction of $3,111,845.36. Following the completion of the transaction, the insider now directly owns 34,805,607 shares in the company, valued at approximately $877,797,408.54. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company's shares 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 acquired 219,303 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average cost of $24.46 per share, for a total transaction of $5,364,151.38.
- On Friday, April 12th, Berkshire Hathaway Inc acquired 413,227 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average cost of $25.58 per share, for a total transaction of $10,570,346.66.
- On Wednesday, April 10th, Berkshire Hathaway Inc bought 513,104 shares of The Liberty SiriusXM Group stock. The shares were bought at an average price of $25.96 per share, with a total value 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 bought at an average price of $26.98 per share, with a total value of $25,331,414.08.
- On Thursday, April 4th, Berkshire Hathaway Inc bought 1,250,000 shares of The Liberty SiriusXM Group stock. The shares were bought at an average price of $27.76 per share, with a total value of $34,700,000.00.
- On Wednesday, March 27th, Berkshire Hathaway Inc bought 189,759 shares of The Liberty SiriusXM Group stock. The shares were bought at an average price of $29.25 per share, with a total value of $5,550,450.75.
- On Monday, March 25th, Berkshire Hathaway Inc bought 199,664 shares of The Liberty SiriusXM Group stock. The shares were bought at an average price 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 shares were bought at an average price of $28.92 per share, with a total value 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 bought at an average price of $29.94 per share, with a total value of $617,033.46.
- On Friday, March 8th, Berkshire Hathaway Inc acquired 521,804 shares of The Liberty SiriusXM Group stock. The stock was bought at an average price of $29.86 per share, with a total value of $15,581,067.44.
The Liberty SiriusXM Group Trading Down 0.5 %
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Shares of LSXMK stock opened at $24.27 on Friday. The Liberty SiriusXM Group has a 52-week low of $22.24 and a 52-week high of $31.67. The stock has a fifty day simple moving average of $28.01 and a two-hundred day simple moving average of $27.94.
The Liberty SiriusXM Group (NASDAQ:LSXMK - Get Free Report) last issued its quarterly earnings results on Wednesday, February 28th. The technology company reported $0.53 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.52 by $0.01. The business had revenue of $2.29 billion during the quarter.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Rocky Mountain Advisers LLC boosted its holdings in shares of The Liberty SiriusXM Group by 197,903.2% during the 1st quarter. Rocky Mountain Advisers LLC now owns 245,524 shares of the technology company's stock valued at $7,295,000 after purchasing an additional 245,400 shares during the last quarter. Equitec Proprietary Markets LLC bought a new position in shares of The Liberty SiriusXM Group during the 1st quarter valued at about $123,000. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in shares of The Liberty SiriusXM Group by 6.9% during the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 136,724 shares of the technology company's stock valued at $4,062,000 after purchasing an additional 8,800 shares during the last quarter. Penn Davis Mcfarland Inc. boosted its holdings in shares of The Liberty SiriusXM Group by 8.0% during the 1st quarter. Penn Davis Mcfarland Inc. now owns 807,860 shares of the technology company's stock valued at $24,002,000 after purchasing an additional 59,687 shares during the last quarter. Finally, Krilogy Financial LLC boosted its holdings in shares of The Liberty SiriusXM Group by 23.1% during the 1st quarter. Krilogy Financial LLC now owns 12,433 shares of the technology company's stock valued at $369,000 after purchasing an additional 2,333 shares during the last quarter. Institutional investors own 56.58% of the company's stock.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded The Liberty SiriusXM Group from a "sell" rating to a "hold" rating in a research note on Wednesday, March 6th.
View Our Latest Stock 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.
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