Berkshire Hathaway Inc Acquires 219,303 Shares of The Liberty SiriusXM Group (NASDAQ:LSXMK) Stock

The Liberty SiriusXM Group (NASDAQ:LSXMK) major shareholder Berkshire Hathaway Inc purchased 219,303 shares of the business’s stock in a transaction on Friday, April 26th. The shares were bought at an average price of $24.46 per share, with a total value of $5,364,151.38. Following the purchase, the insider now directly owns 35,182,219 shares in the company, valued at approximately $860,557,076.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own more than 10% 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 24th, Berkshire Hathaway Inc purchased 123,388 shares of The Liberty SiriusXM Group stock. The shares were bought at an average price of $25.22 per share, with a total value of $3,111,845.36.
• On Friday, April 12th, Berkshire Hathaway Inc purchased 413,227 shares of The Liberty SiriusXM Group stock. The shares were bought at an average price of $25.58 per share, with a total value of $10,570,346.66.
• On Wednesday, April 10th, Berkshire Hathaway Inc purchased 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 purchased 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 stock was acquired 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 stock was acquired 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 price of $28.82 per share, for a total transaction 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 price of $28.92 per share, for a total transaction 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 price of $29.94 per share, for a total transaction 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 price of $29.86 per share, for a total transaction of $15,581,067.44.

The Liberty SiriusXM Group Trading Down 0.5 %

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

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, topping analysts’ consensus estimates of $0.52 by $0.01. The business had revenue of $2.29 billion for the quarter.

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.

Institutional Trading of The Liberty SiriusXM Group

Institutional investors have recently modified their holdings of the business. Principal Securities Inc. purchased a new stake in shares of The Liberty SiriusXM Group during the 4th quarter valued at approximately $66,000. TFO Wealth Partners LLC lifted its stake in shares of The Liberty SiriusXM Group by 43,283.3% during the 4th quarter. TFO Wealth Partners LLC now owns 2,603 shares of the technology company’s stock valued at $75,000 after buying an additional 2,597 shares in the last quarter. Signaturefd LLC lifted its stake in shares of The Liberty SiriusXM Group by 52.9% during the 3rd quarter. Signaturefd LLC now owns 3,326 shares of the technology company’s stock valued at $85,000 after buying an additional 1,151 shares in the last quarter. Headlands Technologies LLC lifted its stake in shares of The Liberty SiriusXM Group by 615.9% during the 4th quarter. Headlands Technologies LLC now owns 3,379 shares of the technology company’s stock valued at $97,000 after buying an additional 2,907 shares in the last quarter. Finally, Equitec Proprietary Markets LLC purchased a new stake in shares of The Liberty SiriusXM Group during the 1st quarter valued at approximately $123,000. 56.58% of the stock is currently owned by hedge funds and other institutional investors.

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.