The Liberty SiriusXM Group (NASDAQ:LSXMA) Major Shareholder Acquires $25,331,414.08 in Stock

The Liberty SiriusXM Group (NASDAQ:LSXMA - Get Free Report) major shareholder Berkshire Hathaway Inc purchased 938,896 shares of the company's stock in a transaction on Monday, April 8th. The shares were purchased at an average cost of $26.98 per share, with a total value of $25,331,414.08. Following the transaction, the insider now directly owns 67,909,913 shares in the company, valued at $1,832,209,452.74. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Large shareholders that own 10% or more of a company's stock are required to disclose their sales and purchases with the SEC.

Berkshire Hathaway Inc also recently made the following trade(s):

• On Thursday, April 4th, Berkshire Hathaway Inc bought 1,250,000 shares of The Liberty SiriusXM Group stock. The stock was bought at an average cost of $27.76 per share, with a total value 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 bought at an average cost of $29.25 per share, with a total value of $5,550,450.75.
• On Monday, March 25th, Berkshire Hathaway Inc acquired 199,664 shares of The Liberty SiriusXM Group stock. The shares were acquired 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 acquired 333,916 shares of The Liberty SiriusXM Group stock. The shares were acquired 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 bought 20,609 shares of The Liberty SiriusXM Group stock. The stock was purchased at an average cost of $29.94 per share, with a total value of $617,033.46.
• On Friday, March 8th, Berkshire Hathaway Inc bought 521,804 shares of The Liberty SiriusXM Group stock. The stock was purchased at an average cost of $29.86 per share, with a total value of $15,581,067.44.
• On Monday, March 4th, Berkshire Hathaway Inc bought 234,194 shares of The Liberty SiriusXM Group stock. The stock was purchased at an average cost of $28.77 per share, with a total value of $6,737,761.38.
• On Wednesday, March 6th, Berkshire Hathaway Inc bought 1,188,000 shares of The Liberty SiriusXM Group stock. The stock was purchased at an average cost of $29.39 per share, with a total value of $34,915,320.00.
• On Thursday, February 1st, Berkshire Hathaway Inc acquired 175,827 shares of The Liberty SiriusXM Group stock. The shares were bought at an average cost of $30.70 per share, with a total value of $5,397,888.90.
• On Tuesday, January 30th, Berkshire Hathaway Inc acquired 495,739 shares of The Liberty SiriusXM Group stock. The shares were bought at an average cost of $30.12 per share, with a total value of $14,931,658.68.

The Liberty SiriusXM Group Stock Down 2.3 %

Shares of LSXMA traded down $0.64 during mid-day trading on Monday, hitting $26.67. 2,823,880 shares of the company traded hands, compared to its average volume of 1,605,673. The stock has a 50-day moving average price of $29.68 and a two-hundred day moving average price of $27.92. The Liberty SiriusXM Group has a 1 year low of $22.01 and a 1 year high of $31.69.

The Liberty SiriusXM Group (NASDAQ:LSXMA - Get Free Report) last announced its earnings results on Wednesday, February 28th. The technology company reported $0.53 earnings per share (EPS) for the quarter. The business had revenue of $2.29 billion for the quarter. Equities research analysts forecast that The Liberty SiriusXM Group will post 1.41 earnings per share for the current year.

Hedge Funds Weigh In On The Liberty SiriusXM Group

Hedge funds have recently modified their holdings of the company. NewEdge Advisors LLC boosted its position in shares of The Liberty SiriusXM Group by 305.7% in the first quarter. NewEdge Advisors LLC now owns 1,213 shares of the technology company's stock worth $34,000 after purchasing an additional 914 shares during the period. TFO Wealth Partners LLC boosted its position in shares of The Liberty SiriusXM Group by 70,150.0% in 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. Ossiam boosted its position in shares of The Liberty SiriusXM Group by 76.8% in the first quarter. Ossiam now owns 1,579 shares of the technology company's stock worth $44,000 after purchasing an additional 686 shares during the period. Atlas Capital Advisors LLC bought a new position in shares of The Liberty SiriusXM Group in the second quarter worth approximately $51,000. Finally, MetLife Investment Management LLC bought a new position in shares of The Liberty SiriusXM Group in the first quarter worth approximately $85,000. 28.72% of the stock is currently owned by 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.

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