The Liberty SiriusXM Group (NASDAQ:LSXMA) Major Shareholder Berkshire Hathaway Inc Buys 413,227 Shares

The Liberty SiriusXM Group (NASDAQ:LSXMA) major shareholder Berkshire Hathaway Inc bought 413,227 shares of the company’s stock in a transaction that occurred on Friday, April 12th. The stock was acquired at an average price of $25.58 per share, with a total value of $10,570,346.66. Following the completion of the purchase, the insider now directly owns 69,044,244 shares of the company’s stock, valued at approximately $1,766,151,761.52. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Major shareholders that own more than 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 Wednesday, April 10th, Berkshire Hathaway Inc bought 513,104 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average price of $25.96 per share, with a total value of $13,320,179.84.
• On Monday, April 8th, Berkshire Hathaway Inc purchased 938,896 shares of The Liberty SiriusXM Group stock. The shares were purchased at an average price of $26.98 per share, with a total value of $25,331,414.08.
• On Thursday, April 4th, Berkshire Hathaway Inc purchased 1,250,000 shares of The Liberty SiriusXM Group stock. The shares were purchased at an average price of $27.76 per share, with a total value of $34,700,000.00.
• On Wednesday, March 27th, Berkshire Hathaway Inc purchased 189,759 shares of The Liberty SiriusXM Group stock. The shares were purchased at an average price of $29.25 per share, with a total value of $5,550,450.75.
• On Monday, March 25th, Berkshire Hathaway Inc bought 199,664 shares of The Liberty SiriusXM Group stock. The stock was bought 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 bought 333,916 shares of The Liberty SiriusXM Group stock. The stock was bought 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 acquired 20,609 shares of The Liberty SiriusXM Group stock. The shares were acquired at an average price of $29.94 per share, with a total value of $617,033.46.
• On Friday, March 8th, Berkshire Hathaway Inc acquired 521,804 shares of The Liberty SiriusXM Group stock. The shares were acquired 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 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 bought 1,188,000 shares of The Liberty SiriusXM Group stock. The stock was purchased at an average price of $29.39 per share, with a total value of $34,915,320.00.

The Liberty SiriusXM Group Trading Down 2.7 %

Shares of LSXMA opened at $25.50 on Friday. The stock has a 50 day moving average of $29.25 and a 200-day moving average of $27.97. The Liberty SiriusXM Group has a 52 week low of $22.01 and a 52 week high of $31.69.

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

Institutional Trading of The Liberty SiriusXM Group

Several hedge funds have recently made changes to their positions in LSXMA. Bank of New York Mellon Corp lifted its holdings in shares of The Liberty SiriusXM Group by 71.5% in the 1st quarter. Bank of New York Mellon Corp now owns 434,172 shares of the technology company’s stock worth $19,846,000 after purchasing an additional 181,038 shares during the last quarter. Citigroup Inc. lifted its holdings in shares of The Liberty SiriusXM Group by 11.2% in the 1st quarter. Citigroup Inc. now owns 50,221 shares of the technology company’s stock worth $2,295,000 after purchasing an additional 5,068 shares during the last quarter. MetLife Investment Management LLC bought a new stake in shares of The Liberty SiriusXM Group in the 1st quarter worth approximately $85,000. BlackRock Inc. lifted its holdings in shares of The Liberty SiriusXM Group by 3.6% in the 1st quarter. BlackRock Inc. now owns 6,170,942 shares of the technology company’s stock worth $282,074,000 after purchasing an additional 213,037 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of The Liberty SiriusXM Group by 0.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 815,602 shares of the technology company’s stock worth $37,285,000 after purchasing an additional 2,176 shares during the last quarter. Institutional investors own 28.72% of the company’s stock.

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.