Liberty Sirius XM Group Series A (NASDAQ:LSXMA) gapped down prior to trading on Tuesday . The stock had previously closed at $39.31, but opened at $42.02. Liberty Sirius XM Group Series A shares last traded at $42.20, with a volume of 60768 shares changing hands.

A number of equities research analysts have weighed in on LSXMA shares. Pivotal Research lowered Liberty Sirius XM Group Series A from a “buy” rating to a “hold” rating in a report on Wednesday, June 20th. Deutsche Bank lifted their price objective on Liberty Sirius XM Group Series A from $60.00 to $65.00 and gave the company a “buy” rating in a report on Tuesday, August 14th. Zacks Investment Research lowered Liberty Sirius XM Group Series A from a “buy” rating to a “hold” rating in a research note on Thursday, May 31st. B. Riley boosted their price target on Liberty Sirius XM Group Series A to $75.00 and gave the stock a “buy” rating in a research note on Tuesday, September 4th. Finally, Barclays lowered Liberty Sirius XM Group Series A from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $50.00 to $43.00 in a research note on Tuesday, June 26th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $57.78.

The company has a market capitalization of $15.23 billion, a P/E ratio of 12.63 and a beta of 1.90.

Liberty Sirius XM Group Series A (NASDAQ:LSXMA) last announced its quarterly earnings results on Wednesday, August 8th. The technology company reported $0.49 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.50 by ($0.01). The firm had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.42 billion. research analysts forecast that Liberty Sirius XM Group Series A will post 2.19 EPS for the current year.

In related news, insider Albert E. Rosenthaler sold 54,781 shares of Liberty Sirius XM Group Series A stock in a transaction that occurred on Tuesday, August 28th. The stock was sold at an average price of $36.71, for a total transaction of $2,011,010.51. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Several institutional investors have recently modified their holdings of the stock. VNBTrust National Association raised its position in shares of Liberty Sirius XM Group Series A by 11.0% during the 2nd quarter. VNBTrust National Association now owns 11,345 shares of the technology company’s stock worth $511,000 after purchasing an additional 1,120 shares during the last quarter. Stevens Capital Management LP raised its holdings in Liberty Sirius XM Group Series A by 9.1% in the 2nd quarter. Stevens Capital Management LP now owns 18,855 shares of the technology company’s stock valued at $849,000 after acquiring an additional 1,575 shares during the last quarter. Natixis Advisors L.P. raised its holdings in Liberty Sirius XM Group Series A by 4.2% in the 1st quarter. Natixis Advisors L.P. now owns 42,907 shares of the technology company’s stock valued at $1,763,000 after acquiring an additional 1,740 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in Liberty Sirius XM Group Series A by 5.3% in the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 37,408 shares of the technology company’s stock valued at $1,685,000 after acquiring an additional 1,884 shares during the last quarter. Finally, Toronto Dominion Bank raised its holdings in Liberty Sirius XM Group Series A by 37.5% in the 2nd quarter. Toronto Dominion Bank now owns 8,702 shares of the technology company’s stock valued at $391,000 after acquiring an additional 2,375 shares during the last quarter. Hedge funds and other institutional investors own 26.50% of the company’s stock.

Liberty Sirius XM Group Series A Company Profile (NASDAQ:LSXMA)

The Liberty SiriusXM Group, through its subsidiary Sirius XM Holdings Inc, transmits music, sports, entertainment, comedy, talk, news, traffic, and weather channels in the United States and Canada. The company also provides infotainment services; and Sirius XM on Demand over its Internet radio service through applications for mobile and home devices, and other consumer electronic equipment.

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