Capital Management Corp VA Buys Shares of 64,050 The Liberty SiriusXM Group (NASDAQ:LSXMA)

Capital Management Corp VA acquired a new position in shares of The Liberty SiriusXM Group (NASDAQ:LSXMA - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 64,050 shares of the technology company's stock, valued at approximately $1,841,000.

Several other institutional investors and hedge funds also recently bought and sold shares of LSXMA. Vanguard Group Inc. boosted its stake in The Liberty SiriusXM Group by 46.6% during the third quarter. Vanguard Group Inc. now owns 10,744,552 shares of the technology company's stock worth $273,449,000 after buying an additional 3,416,321 shares during the period. Cadian Capital Management LP purchased a new stake in shares of The Liberty SiriusXM Group during the third quarter valued at $27,750,000. Sculptor Capital LP boosted its stake in shares of The Liberty SiriusXM Group by 36.1% during the first quarter. Sculptor Capital LP now owns 3,230,683 shares of the technology company's stock valued at $90,750,000 after purchasing an additional 857,501 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in shares of The Liberty SiriusXM Group by 178.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,223,493 shares of the technology company's stock valued at $34,368,000 after purchasing an additional 784,793 shares during the period. Finally, Segantii Capital Management Ltd purchased a new stake in shares of The Liberty SiriusXM Group during the third quarter valued at $19,088,000. 28.72% of the stock is owned by hedge funds and other institutional investors.

The Liberty SiriusXM Group Stock Up 0.7 %

Shares of LSXMA traded up $0.18 during trading hours on Friday, reaching $24.51. 1,908,588 shares of the company traded hands, compared to its average volume of 1,863,900. The Liberty SiriusXM Group has a 12-month low of $22.01 and a 12-month high of $31.69. The stock's fifty day moving average price is $28.64 and its 200 day moving average price is $27.99.

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

Insider Activity at The Liberty SiriusXM Group

In other news, major shareholder Berkshire Hathaway Inc acquired 1,250,000 shares of the firm's stock in a transaction that occurred on Thursday, April 4th. The stock was purchased at an average cost of $27.76 per share, for a total transaction of $34,700,000.00. Following the completion of the acquisition, the insider now directly owns 66,736,288 shares of the company's stock, valued at approximately $1,852,599,354.88. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders bought 7,264,095 shares of company stock worth $207,506,924 over the last three months. 12.47% of the stock is owned by corporate insiders.

The Liberty SiriusXM Group Company Profile

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.