The Liberty SiriusXM Group (NASDAQ:LSXMA) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of The Liberty SiriusXM Group (NASDAQ:LSXMAGet Free Report) have been assigned an average recommendation of “Moderate Buy” from the four research firms that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $37.67.

LSXMA has been the topic of a number of recent analyst reports. Seaport Res Ptn raised shares of The Liberty SiriusXM Group from a “neutral” rating to a “buy” rating in a research note on Monday, April 29th. Citigroup lowered shares of The Liberty SiriusXM Group from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $35.00 to $28.00 in a research report on Wednesday, April 24th.

Get Our Latest Stock Analysis on LSXMA

The Liberty SiriusXM Group Stock Up 1.4 %

Shares of NASDAQ:LSXMA opened at $22.48 on Friday. The Liberty SiriusXM Group has a 52 week low of $22.01 and a 52 week high of $31.69. The company has a 50-day moving average price of $25.98 and a 200 day moving average price of $27.88. The company has a market cap of $7.34 billion and a P/E ratio of 9.25.

The Liberty SiriusXM Group (NASDAQ:LSXMAGet Free Report) last posted its quarterly earnings results on Wednesday, February 28th. The technology company reported $0.53 EPS for the quarter. The business had revenue of $2.29 billion during the quarter. Analysts expect that The Liberty SiriusXM Group will post 3.02 EPS for the current year.

Insider Transactions at The Liberty SiriusXM Group

In other The Liberty SiriusXM Group news, Chairman John C. Malone sold 139,065 shares of the company’s stock in a transaction dated Monday, May 13th. The shares were sold at an average price of $68.98, for a total value of $9,592,703.70. Following the sale, the chairman now owns 2,401,365 shares of the company’s stock, valued at $165,646,157.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Chairman John C. Malone sold 139,065 shares of the company’s stock in a transaction on Monday, May 13th. The stock was sold at an average price of $68.98, for a total value of $9,592,703.70. Following the sale, the chairman now directly owns 2,401,365 shares in the company, valued at $165,646,157.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Berkshire Hathaway Inc acquired 234,194 shares of the firm’s stock in a transaction that occurred on Monday, March 4th. The shares were bought at an average cost of $28.77 per share, for a total transaction of $6,737,761.38. Following the purchase, the insider now owns 48,733,666 shares of the company’s stock, valued at $1,402,067,570.82. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 6,457,501 shares of company stock valued at $179,148,132 and sold 229,103 shares valued at $15,940,449. Corporate insiders own 12.47% of the company’s stock.

Institutional Investors Weigh In On The Liberty SiriusXM Group

Several hedge funds have recently made changes to their positions in the business. Central Pacific Bank Trust Division acquired a new stake in shares of The Liberty SiriusXM Group in the first quarter worth approximately $29,000. TFO Wealth Partners LLC raised its stake in The Liberty SiriusXM Group by 70,150.0% during the fourth quarter. TFO Wealth Partners LLC now owns 1,405 shares of the technology company’s stock worth $40,000 after purchasing an additional 1,403 shares during the period. Fidelis Capital Partners LLC acquired a new position in shares of The Liberty SiriusXM Group in the 1st quarter valued at $94,000. Headlands Technologies LLC grew its stake in shares of The Liberty SiriusXM Group by 548.7% during the 1st quarter. Headlands Technologies LLC now owns 5,138 shares of the technology company’s stock valued at $153,000 after buying an additional 4,346 shares during the period. Finally, Meixler Investment Management Ltd. acquired a new stake in shares of The Liberty SiriusXM Group during the 1st quarter worth $223,000. Institutional investors and hedge funds own 28.72% of the company’s stock.

The Liberty SiriusXM Group Company Profile

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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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