The Liberty SiriusXM Group (NASDAQ:LSXMK) Major Shareholder Purchases $3,111,845.36 in Stock

The Liberty SiriusXM Group (NASDAQ:LSXMK) major shareholder Berkshire Hathaway Inc acquired 123,388 shares of the company’s stock in a transaction on Wednesday, April 24th. The stock was acquired at an average price of $25.22 per share, for a total transaction of $3,111,845.36. Following the purchase, the insider now directly owns 34,805,607 shares of the company’s stock, valued at $877,797,408.54. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major 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 Friday, April 26th, Berkshire Hathaway Inc acquired 219,303 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average price of $24.46 per share, for a total transaction of $5,364,151.38.
• On Friday, April 12th, Berkshire Hathaway Inc bought 413,227 shares of The Liberty SiriusXM Group stock. The shares were purchased at an average price 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 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 bought 1,250,000 shares of The Liberty SiriusXM Group stock. The shares were purchased 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 bought 189,759 shares of The Liberty SiriusXM Group stock. The shares were purchased 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 purchased 199,664 shares of The Liberty SiriusXM Group stock. The shares were bought 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 purchased 333,916 shares of The Liberty SiriusXM Group stock. The shares were bought 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 purchased 20,609 shares of The Liberty SiriusXM Group stock. The shares were bought at an average cost of $29.94 per share, for a total transaction of $617,033.46.
• On Friday, March 8th, Berkshire Hathaway Inc purchased 521,804 shares of The Liberty SiriusXM Group stock. The shares were bought at an average cost of $29.86 per share, for a total transaction of $15,581,067.44.

The Liberty SiriusXM Group Trading Down 0.5 %

Shares of LSXMK stock traded down $0.13 during trading hours on Friday, reaching $24.27. The company’s stock had a trading volume of 1,835,033 shares, compared to its average volume of 2,275,968. The firm’s 50 day simple moving average is $28.01 and its 200-day simple moving average is $27.94. The Liberty SiriusXM Group has a fifty-two week low of $22.24 and a fifty-two week high of $31.67.

The Liberty SiriusXM Group (NASDAQ:LSXMK) last issued its earnings results on Wednesday, February 28th. The technology company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.01. The business had revenue of $2.29 billion during the quarter.

Institutional Investors Weigh In On The Liberty SiriusXM Group

A number of large investors have recently modified their holdings of LSXMK. 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 acquiring an additional 245,400 shares in the last quarter. Equitec Proprietary Markets LLC acquired a new stake in shares of The Liberty SiriusXM Group during the 1st quarter valued at $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 acquiring an additional 8,800 shares in 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 acquiring an additional 59,687 shares in 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 acquiring an additional 2,333 shares in the last quarter. Institutional investors and hedge funds own 56.58% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com raised The Liberty SiriusXM Group from a “sell” rating to a “hold” rating in a research report on Wednesday, March 6th.

About The Liberty SiriusXM Group

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.