The Liberty SiriusXM Group (NASDAQ:LSXMK) Shares Acquired by Principal Financial Group Inc.

Principal Financial Group Inc. increased its position in shares of The Liberty SiriusXM Group (NASDAQ:LSXMKFree Report) by 5.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 12,085 shares of the technology company’s stock after purchasing an additional 628 shares during the quarter. Principal Financial Group Inc.’s holdings in The Liberty SiriusXM Group were worth $308,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of LSXMK. Vanguard Group Inc. increased its stake in shares of The Liberty SiriusXM Group by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 14,457,817 shares of the technology company’s stock worth $661,157,000 after purchasing an additional 140,296 shares in the last quarter. Baupost Group LLC MA raised its holdings in shares of The Liberty SiriusXM Group by 6.2% in the first quarter. Baupost Group LLC MA now owns 11,161,589 shares of the technology company’s stock worth $510,419,000 after acquiring an additional 651,722 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of The Liberty SiriusXM Group by 17.3% in the second quarter. JPMorgan Chase & Co. now owns 10,793,949 shares of the technology company’s stock valued at $353,286,000 after acquiring an additional 1,592,241 shares in the last quarter. BlackRock Inc. boosted its stake in shares of The Liberty SiriusXM Group by 2.0% during the first quarter. BlackRock Inc. now owns 10,575,859 shares of the technology company’s stock valued at $296,018,000 after acquiring an additional 206,267 shares during the last quarter. Finally, State Street Corp raised its stake in The Liberty SiriusXM Group by 0.6% in the 3rd quarter. State Street Corp now owns 3,450,480 shares of the technology company’s stock valued at $130,118,000 after purchasing an additional 20,922 shares during the last quarter. 0.27% of the stock is currently owned by hedge funds and other institutional investors.

The Liberty SiriusXM Group Stock Up 1.5 %

Shares of NASDAQ:LSXMK opened at $30.65 on Tuesday. The business has a fifty day simple moving average of $29.36 and a 200-day simple moving average of $26.63. The Liberty SiriusXM Group has a 52 week low of $22.24 and a 52 week high of $31.67.

Insiders Place Their Bets

In related news, major shareholder Berkshire Hathaway Inc bought 469,563 shares of the stock in a transaction that occurred on Friday, January 12th. The stock was purchased at an average cost of $30.40 per share, for a total transaction of $14,274,715.20. Following the completion of the acquisition, the insider now owns 21,767,997 shares in the company, valued at $661,747,108.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Larry E. Romrell sold 21,478 shares of the firm’s stock in a transaction dated Tuesday, December 19th. The stock was sold at an average price of $27.97, for a total value of $600,739.66. Following the transaction, the director now directly owns 16,355 shares in the company, valued at approximately $457,449.35. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, major shareholder Berkshire Hathaway Inc bought 469,563 shares of the firm’s stock in a transaction dated Friday, January 12th. The shares were purchased at an average price of $30.40 per share, with a total value of $14,274,715.20. Following the acquisition, the insider now directly owns 21,767,997 shares in the company, valued at approximately $661,747,108.80. The disclosure for this purchase can be found here. In the last ninety days, insiders have acquired 2,474,462 shares of company stock valued at $75,600,119.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of The Liberty SiriusXM Group from a “sell” rating to a “hold” rating in a research note on Monday.

View Our Latest Research Report on LSXMK

The Liberty SiriusXM Group Profile

(Free Report)

The Liberty SiriusXM Group, through its subsidiaries, engages in the entertainment business in the United States and Canada. 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 applications for mobile and home devices, and other consumer electronic equipment.

See Also

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Institutional Ownership by Quarter for The Liberty SiriusXM Group (NASDAQ:LSXMK)

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