We Are One Seven LLC Invests $298,000 in Liberty Sirius XM Group Series A (LSXMA)

We Are One Seven LLC bought a new position in shares of Liberty Sirius XM Group Series A (NASDAQ:LSXMA) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,866 shares of the technology company’s stock, valued at approximately $298,000.

Several other hedge funds also recently added to or reduced their stakes in LSXMA. Great West Life Assurance Co. Can boosted its position in Liberty Sirius XM Group Series A by 16.1% during the first quarter. Great West Life Assurance Co. Can now owns 60,107 shares of the technology company’s stock worth $2,471,000 after acquiring an additional 8,334 shares during the last quarter. Asset Management One Co. Ltd. boosted its position in Liberty Sirius XM Group Series A by 4.0% during the first quarter. Asset Management One Co. Ltd. now owns 136,393 shares of the technology company’s stock worth $5,605,000 after acquiring an additional 5,289 shares during the last quarter. Achmea Investment Management B.V. boosted its position in Liberty Sirius XM Group Series A by 502.2% during the first quarter. Achmea Investment Management B.V. now owns 36,250 shares of the technology company’s stock worth $1,489,000 after acquiring an additional 30,230 shares during the last quarter. A.R.T. Advisors LLC acquired a new position in Liberty Sirius XM Group Series A during the first quarter worth about $295,000. Finally, Blair William & Co. IL acquired a new position in Liberty Sirius XM Group Series A during the first quarter worth about $136,000. 26.50% of the stock is owned by institutional investors and hedge funds.

In other Liberty Sirius XM Group Series A news, insider Albert E. Rosenthaler sold 54,781 shares of the stock in a transaction that occurred on Tuesday, August 28th. The shares were sold at an average price of $36.71, for a total value of $2,011,010.51. The sale was disclosed in a filing with the SEC, which is available through this link.

Shares of LSXMA stock opened at $41.20 on Friday. Liberty Sirius XM Group Series A has a one year low of $38.61 and a one year high of $48.57. The company has a market capitalization of $14.36 billion, a PE ratio of 12.42 and a beta of 1.94.

Liberty Sirius XM Group Series A (NASDAQ:LSXMA) last announced its earnings results on Wednesday, August 8th. The technology company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.01). The company had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.42 billion. Research analysts anticipate that Liberty Sirius XM Group Series A will post 2.19 earnings per share for the current year.

A number of research firms recently weighed in on LSXMA. Barclays lowered shares of Liberty Sirius XM Group Series A from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $50.00 to $43.00 in a research report on Tuesday, June 26th. Zacks Investment Research upgraded shares of Liberty Sirius XM Group Series A from a “hold” rating to a “buy” rating and set a $52.00 target price on the stock in a report on Friday, August 24th. B. Riley boosted their target price on shares of Liberty Sirius XM Group Series A to $75.00 and gave the company a “buy” rating in a report on Tuesday, September 4th. Deutsche Bank boosted their target price on shares of 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. Finally, Macquarie decreased their target price on shares of Liberty Sirius XM Group Series A from $61.00 to $58.00 and set an “outperform” rating on the stock in a report on Tuesday, August 28th. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $59.13.

About Liberty Sirius XM Group Series A

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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Institutional Ownership by Quarter for Liberty Sirius XM Group Series A (NASDAQ:LSXMA)

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