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 company’s stock in a transaction that occurred on Wednesday, March 27th. The shares were acquired at an average price of $29.25 per share, with a total value of $5,550,450.75. Following the acquisition, the insider now owns 32,755,466 shares in the company, valued at $958,097,380.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own at least 10% of a company’s stock 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 bought 199,664 shares of The Liberty SiriusXM Group stock. The stock was purchased at an average price 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 purchased at an average price of $28.92 per share, with a total value of $9,656,850.72.
• On Monday, March 11th, Berkshire Hathaway Inc bought 20,609 shares of The Liberty SiriusXM Group stock. The shares were acquired at an average cost of $29.94 per share, for a total transaction of $617,033.46.
• On Friday, March 8th, Berkshire Hathaway Inc purchased 521,804 shares of The Liberty SiriusXM Group stock. The shares were bought at an average cost of $29.86 per share, for a total transaction of $15,581,067.44.
• On Monday, March 4th, Berkshire Hathaway Inc bought 234,194 shares of The Liberty SiriusXM Group stock. The stock was 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 acquired 1,188,000 shares of The Liberty SiriusXM Group stock. The stock was purchased at an average price of $29.39 per share, for a total transaction of $34,915,320.00.
• On Thursday, February 1st, Berkshire Hathaway Inc bought 175,827 shares of The Liberty SiriusXM Group stock. The shares were acquired 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 purchased 495,739 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average price of $30.12 per share, for a total transaction of $14,931,658.68.
• On Thursday, January 25th, Berkshire Hathaway Inc acquired 139,132 shares of The Liberty SiriusXM Group stock. The shares were acquired 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 bought 650,224 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average cost of $30.96 per share, for a total transaction of $20,130,935.04.

The Liberty SiriusXM Group Stock Up 0.7 %

Shares of NASDAQ:LSXMA traded up $0.20 during midday trading on Thursday, reaching $29.70. The company had a trading volume of 1,369,607 shares, compared to its average volume of 1,570,907. The stock’s fifty day moving average price is $30.01 and its 200-day moving average price is $27.61. The Liberty SiriusXM Group has a one year low of $22.01 and a one year high of $31.69.

The Liberty SiriusXM Group (NASDAQ:LSXMA) last announced its quarterly earnings data on Wednesday, February 28th. The technology company reported $0.53 earnings per share for the quarter. The company had revenue of $2.29 billion for the quarter. On average, equities research analysts anticipate that The Liberty SiriusXM Group will post 1.41 EPS for the current fiscal year.

Institutional Trading of The Liberty SiriusXM Group

Several hedge funds and other institutional investors have recently bought and sold shares of LSXMA. NewEdge Advisors LLC lifted its holdings in The Liberty SiriusXM Group by 305.7% during the 1st quarter. NewEdge Advisors LLC now owns 1,213 shares of the technology company’s stock worth $34,000 after buying an additional 914 shares during the last quarter. TFO Wealth Partners LLC raised its position in shares of 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 acquiring an additional 1,403 shares in the last quarter. Ossiam lifted its stake in The Liberty SiriusXM Group by 76.8% during the first quarter. Ossiam now owns 1,579 shares of the technology company’s stock worth $44,000 after purchasing an additional 686 shares during the last quarter. Atlas Capital Advisors LLC acquired a new position in The Liberty SiriusXM Group in the second quarter worth $51,000. Finally, MetLife Investment Management LLC bought a new stake in The Liberty SiriusXM Group during the first quarter valued at $85,000. 28.72% of the stock is 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.