The Liberty SiriusXM Group (NASDAQ:LSXMA) Major Shareholder Berkshire Hathaway Inc Purchases 189,759 Shares

The Liberty SiriusXM Group (NASDAQ:LSXMA) major shareholder Berkshire Hathaway Inc acquired 189,759 shares of the business’s stock in a transaction dated Wednesday, March 27th. The stock was acquired at an average cost of $29.25 per share, with a total value of $5,550,450.75. Following the purchase, the insider now directly owns 32,755,466 shares in the company, valued at approximately $958,097,380.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Monday, March 25th, Berkshire Hathaway Inc acquired 199,664 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average cost of $28.82 per share, with a total value of $5,754,316.48.
• On Thursday, March 21st, Berkshire Hathaway Inc acquired 333,916 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average cost of $28.92 per share, with a total value of $9,656,850.72.
• On Monday, March 11th, Berkshire Hathaway Inc purchased 20,609 shares of The Liberty SiriusXM Group stock. The shares were purchased at an average price of $29.94 per share, with a total value of $617,033.46.
• On Friday, March 8th, Berkshire Hathaway Inc purchased 521,804 shares of The Liberty SiriusXM Group stock. The shares were purchased at an average price of $29.86 per share, with a total value of $15,581,067.44.
• On Monday, March 4th, Berkshire Hathaway Inc purchased 234,194 shares of The Liberty SiriusXM Group stock. The shares were purchased at an average price of $28.77 per share, with a total value of $6,737,761.38.
• On Wednesday, March 6th, Berkshire Hathaway Inc purchased 1,188,000 shares of The Liberty SiriusXM Group stock. The shares were purchased at an average price of $29.39 per share, with a total value of $34,915,320.00.
• On Thursday, February 1st, Berkshire Hathaway Inc purchased 175,827 shares of The Liberty SiriusXM Group stock. The shares were purchased at an average price 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 stock was bought at an average price of $30.12 per share, with a total value of $14,931,658.68.
• On Thursday, January 25th, Berkshire Hathaway Inc acquired 139,132 shares of The Liberty SiriusXM Group stock. The stock was bought at an average price of $30.99 per share, with a total value of $4,311,700.68.
• On Tuesday, January 23rd, Berkshire Hathaway Inc acquired 650,224 shares of The Liberty SiriusXM Group stock. The stock was bought at an average price of $30.96 per share, with a total value of $20,130,935.04.

The Liberty SiriusXM Group Stock Performance

Shares of NASDAQ LSXMA opened at $29.70 on Friday. The Liberty SiriusXM Group has a 12 month low of $22.01 and a 12 month high of $31.69. The firm has a fifty day simple moving average of $30.01 and a two-hundred day simple moving average of $27.61.

The Liberty SiriusXM Group (NASDAQ:LSXMA) last issued its quarterly earnings data on Wednesday, February 28th. The technology company reported $0.53 EPS for the quarter. The company had revenue of $2.29 billion during the quarter. As a group, analysts predict that The Liberty SiriusXM Group will post 1.41 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. NewEdge Advisors LLC increased its stake in shares of The Liberty SiriusXM Group by 305.7% in the 1st quarter. NewEdge Advisors LLC now owns 1,213 shares of the technology company’s stock worth $34,000 after acquiring an additional 914 shares in the last quarter. TFO Wealth Partners LLC grew its position in The Liberty SiriusXM Group by 70,150.0% during the 4th quarter. TFO Wealth Partners LLC now owns 1,405 shares of the technology company’s stock valued at $40,000 after purchasing an additional 1,403 shares during the last quarter. Ossiam grew its position in The Liberty SiriusXM Group by 76.8% during the 1st quarter. Ossiam now owns 1,579 shares of the technology company’s stock valued at $44,000 after purchasing an additional 686 shares during the last quarter. Atlas Capital Advisors LLC purchased a new stake in The Liberty SiriusXM Group during the 2nd quarter valued at about $51,000. Finally, MetLife Investment Management LLC purchased a new stake in The Liberty SiriusXM Group during the 1st quarter valued at about $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.