The Liberty SiriusXM Group (NASDAQ:LSXMK) Receives Consensus Rating of "Moderate Buy" from Analysts

The Liberty SiriusXM Group (NASDAQ:LSXMK - Get Free Report) has received an average rating of "Moderate Buy" from the three ratings firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and two have given a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $36.00.

A number of research firms have weighed in on LSXMK. Seaport Res Ptn raised The Liberty SiriusXM Group from a "neutral" rating to a "buy" rating in a research report on Monday. StockNews.com raised The Liberty SiriusXM Group from a "sell" rating to a "hold" rating in a research report on Wednesday, March 6th.

Insider Transactions at The Liberty SiriusXM Group

In other The Liberty SiriusXM Group news, major shareholder Berkshire Hathaway Inc bought 219,303 shares of the business's stock in a transaction dated Friday, April 26th. The stock was acquired at an average cost of $24.46 per share, with a total value of $5,364,151.38. Following the purchase, the insider now 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 SEC, which is accessible through the SEC website. In the last three months, insiders acquired 6,457,501 shares of company stock valued at $179,148,132. Corporate insiders own 12.47% of the company's stock.

Hedge Funds Weigh In On The Liberty SiriusXM Group

Hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in shares of The Liberty SiriusXM Group by 9.6% during the fourth quarter. Vanguard Group Inc. now owns 13,850,967 shares of the technology company's stock worth $398,631,000 after purchasing an additional 1,208,124 shares during the last quarter. Thompson Siegel & Walmsley LLC boosted its holdings in The Liberty SiriusXM Group by 4.4% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 3,205,655 shares of the technology company's stock valued at $92,259,000 after acquiring an additional 135,472 shares during the last quarter. Seizert Capital Partners LLC boosted its holdings in The Liberty SiriusXM Group by 11.8% in the third quarter. Seizert Capital Partners LLC now owns 2,165,962 shares of the technology company's stock valued at $55,145,000 after acquiring an additional 228,229 shares during the last quarter. Norges Bank acquired a new position in The Liberty SiriusXM Group in the fourth quarter valued at $60,012,000. Finally, Adage Capital Partners GP L.L.C. boosted its holdings in The Liberty SiriusXM Group by 14.6% in the third quarter. Adage Capital Partners GP L.L.C. now owns 1,881,543 shares of the technology company's stock valued at $47,904,000 after acquiring an additional 239,744 shares during the last quarter. Hedge funds and other institutional investors own 56.58% of the company's stock.

The Liberty SiriusXM Group Stock Up 0.6 %

Shares of NASDAQ LSXMK traded up $0.14 during trading hours on Thursday, reaching $24.78. The stock had a trading volume of 1,449,706 shares, compared to its average volume of 2,265,301. The Liberty SiriusXM Group has a fifty-two week low of $22.24 and a fifty-two week high of $31.67. The firm has a 50-day moving average of $27.61 and a 200-day moving average of $27.90.

The Liberty SiriusXM Group (NASDAQ:LSXMK - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $2.29 billion for the quarter.

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.