Strs Ohio Takes Position in The Liberty SiriusXM Group (NASDAQ:LSXMK)

Strs Ohio bought a new position in shares of The Liberty SiriusXM Group (NASDAQ:LSXMK - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 57,965 shares of the technology company's stock, valued at approximately $1,668,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Almanack Investment Partners LLC. acquired a new stake in The Liberty SiriusXM Group during the third quarter worth $29,000. UniSuper Management Pty Ltd acquired a new stake in The Liberty SiriusXM Group during the second quarter worth $39,000. Ossiam boosted its stake in The Liberty SiriusXM Group by 51.7% during the first quarter. Ossiam now owns 1,978 shares of the technology company's stock worth $55,000 after buying an additional 674 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its stake in The Liberty SiriusXM Group by 312.3% during the third quarter. O Shaughnessy Asset Management LLC now owns 2,280 shares of the technology company's stock worth $58,000 after buying an additional 1,727 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in The Liberty SiriusXM Group by 296.7% during the third quarter. Tower Research Capital LLC TRC now owns 2,404 shares of the technology company's stock worth $61,000 after buying an additional 1,798 shares in the last quarter. Institutional investors own 56.58% of the company's stock.

Insiders Place Their Bets

In other news, major shareholder Berkshire Hathaway Inc acquired 20,609 shares of the company's stock in a transaction on Monday, March 11th. The stock was purchased at an average cost of $29.94 per share, with a total value of $617,033.46. Following the acquisition, the insider now owns 25,773,955 shares of the company's stock, valued at approximately $771,672,212.70. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last three months, insiders bought 7,264,095 shares of company stock valued at $207,506,924. 12.47% of the stock is currently owned by insiders.

The Liberty SiriusXM Group Stock Up 0.5 %

NASDAQ LSXMK traded up $0.13 on Friday, hitting $24.34. 3,425,654 shares of the company were exchanged, compared to its average volume of 2,872,263. The firm has a 50 day moving average of $28.54 and a two-hundred day moving average of $27.99. The Liberty SiriusXM Group has a 1-year low of $22.24 and a 1-year high of $31.67.

The Liberty SiriusXM Group (NASDAQ:LSXMK - Get Free Report) last announced its quarterly earnings data on Wednesday, February 28th. The technology company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.01. The firm had revenue of $2.29 billion for the quarter.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of The Liberty SiriusXM Group from a "sell" rating to a "hold" rating in a research note on Wednesday, March 6th.

The Liberty SiriusXM Group 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.