The Liberty SiriusXM Group (NASDAQ:LSXMA) Major Shareholder Berkshire Hathaway Inc Purchases 513,104 Shares

The Liberty SiriusXM Group (NASDAQ:LSXMA) major shareholder Berkshire Hathaway Inc purchased 513,104 shares of the stock in a transaction dated Wednesday, April 10th. The shares were purchased at an average price of $25.96 per share, with a total value of $13,320,179.84. Following the transaction, the insider now directly owns 68,423,017 shares of the company’s stock, valued at approximately $1,776,261,521.32. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major 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 Friday, April 12th, Berkshire Hathaway Inc acquired 413,227 shares of The Liberty SiriusXM Group stock. The stock was bought at an average cost of $25.58 per share, with a total value of $10,570,346.66.
• On Monday, April 8th, Berkshire Hathaway Inc acquired 938,896 shares of The Liberty SiriusXM Group stock. The stock was bought at an average cost of $26.98 per share, with a total value of $25,331,414.08.
• On Thursday, April 4th, Berkshire Hathaway Inc acquired 1,250,000 shares of The Liberty SiriusXM Group stock. The stock was bought at an average cost of $27.76 per share, with a total value of $34,700,000.00.
• On Wednesday, March 27th, Berkshire Hathaway Inc acquired 189,759 shares of The Liberty SiriusXM Group stock. The stock was bought at an average cost of $29.25 per share, with a total value of $5,550,450.75.
• On Monday, March 25th, Berkshire Hathaway Inc acquired 199,664 shares of The Liberty SiriusXM Group stock. The stock was bought 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 bought 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 acquired 20,609 shares of The Liberty SiriusXM Group stock. The stock was bought at an average cost 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 stock was acquired at an average cost 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 stock was acquired at an average cost 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 stock was acquired at an average cost of $29.39 per share, with a total value of $34,915,320.00.

The Liberty SiriusXM Group Price Performance

Shares of NASDAQ LSXMA opened at $25.50 on Friday. The Liberty SiriusXM Group has a twelve month low of $22.01 and a twelve month high of $31.69. The firm has a 50-day moving average of $29.25 and a two-hundred day moving average of $27.97.

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

Institutional Trading of The Liberty SiriusXM Group

A number of hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in The Liberty SiriusXM Group by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 10,876,251 shares of the technology company’s stock worth $312,583,000 after purchasing an additional 131,699 shares during the period. BlackRock Inc. boosted its position in The Liberty SiriusXM Group by 3.6% during the first 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 period. Baupost Group LLC MA boosted its position in The Liberty SiriusXM Group by 13.0% during the first quarter. Baupost Group LLC MA now owns 5,619,936 shares of the technology company’s stock worth $256,887,000 after purchasing an additional 644,936 shares during the period. Aristeia Capital LLC boosted its position in The Liberty SiriusXM Group by 5.0% during the third quarter. Aristeia Capital LLC now owns 3,314,144 shares of the technology company’s stock worth $84,345,000 after purchasing an additional 157,677 shares during the period. Finally, Sculptor Capital LP boosted its position in The Liberty SiriusXM Group by 36.1% during the first quarter. Sculptor Capital LP now owns 3,230,683 shares of the technology company’s stock worth $90,750,000 after purchasing an additional 857,501 shares during the period. 28.72% of the stock is owned by hedge funds and other 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.