Seeyond decreased its stake in shares of The Liberty SiriusXM Group (NASDAQ:LSXMA – Get Rating) by 98.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 702 shares of the technology company’s stock after selling 42,747 shares during the quarter. Seeyond’s holdings in The Liberty SiriusXM Group were worth $28,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Royal London Asset Management Ltd. raised its position in The Liberty SiriusXM Group by 0.7% during the third quarter. Royal London Asset Management Ltd. now owns 38,217 shares of the technology company’s stock worth $1,455,000 after acquiring an additional 277 shares during the period. Public Employees Retirement System of Ohio raised its position in shares of The Liberty SiriusXM Group by 0.8% in the third quarter. Public Employees Retirement System of Ohio now owns 37,665 shares of the technology company’s stock valued at $1,434,000 after buying an additional 297 shares during the last quarter. Commonwealth Equity Services LLC raised its position in shares of The Liberty SiriusXM Group by 1.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 29,579 shares of the technology company’s stock valued at $1,162,000 after buying an additional 340 shares during the last quarter. abrdn plc grew its holdings in shares of The Liberty SiriusXM Group by 6.0% in the fourth quarter. abrdn plc now owns 7,134 shares of the technology company’s stock valued at $280,000 after purchasing an additional 401 shares during the period. Finally, Treasurer of the State of North Carolina grew its holdings in shares of The Liberty SiriusXM Group by 1.3% in the third quarter. Treasurer of the State of North Carolina now owns 32,159 shares of the technology company’s stock valued at $1,224,000 after purchasing an additional 410 shares during the period. Institutional investors own 29.67% of the company’s stock.
Insider Activity at The Liberty SiriusXM Group
In related news, CEO Gregory B. Maffei bought 50,000 shares of the company’s stock in a transaction on Thursday, March 16th. The shares were purchased at an average cost of $26.71 per share, with a total value of $1,335,500.00. Following the completion of the transaction, the chief executive officer now directly owns 4,203,799 shares of the company’s stock, valued at $112,283,471.29. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, CEO Gregory B. Maffei bought 50,000 shares of the company’s stock in a transaction on Thursday, March 16th. The shares were purchased at an average cost of $26.71 per share, with a total value of $1,335,500.00. Following the completion of the transaction, the chief executive officer now directly owns 4,203,799 shares of the company’s stock, valued at $112,283,471.29. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Albert E. Rosenthaler sold 5,882 shares of the stock in a transaction on Tuesday, June 6th. The stock was sold at an average price of $73.79, for a total value of $434,032.78. Following the completion of the sale, the insider now directly owns 72,644 shares in the company, valued at $5,360,400.76. The disclosure for this sale can be found here. In the last ninety days, insiders have bought 51,200 shares of company stock valued at $1,376,825 and have sold 33,283 shares valued at $2,380,266. Corporate insiders own 4.02% of the company’s stock.
Analyst Ratings Changes
The Liberty SiriusXM Group Stock Down 0.6 %
Shares of NASDAQ:LSXMA opened at $29.65 on Friday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.79 and a current ratio of 0.79. The Liberty SiriusXM Group has a 1 year low of $25.05 and a 1 year high of $45.26. The stock has a market capitalization of $9.68 billion, a P/E ratio of 9.24 and a beta of 1.09. The stock has a 50-day simple moving average of $28.44 and a 200-day simple moving average of $33.65.
The Liberty SiriusXM Group (NASDAQ:LSXMA – Get Rating) last issued its earnings results on Friday, May 5th. The technology company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.27). The firm had revenue of $2.14 billion for the quarter, compared to analysts’ expectations of $2.14 billion. The Liberty SiriusXM Group had a return on equity of 6.33% and a net margin of 13.25%. Equities analysts forecast that The Liberty SiriusXM Group will post 3.32 earnings per share for the current year.
The Liberty SiriusXM Group Profile
Liberty Media Corp. engages in the operation of media, communications, and entertainment businesses. It operates through the following segments: Sirius XM Holdings, Formula 1. The Sirius XM Holdings segment refers to the complementary audio entertainment businesses, Sirius XM and Pandora. Sirius XM features music, sports, entertainment, comedy, talk, news, traffic, weather channels, and infotainment services.
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