Headlands Technologies LLC Has $97,000 Holdings in The Liberty SiriusXM Group (NASDAQ:LSXMK)

Headlands Technologies LLC grew its stake in shares of The Liberty SiriusXM Group (NASDAQ:LSXMK) by 615.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 3,379 shares of the technology company’s stock after acquiring an additional 2,907 shares during the quarter. Headlands Technologies LLC’s holdings in The Liberty SiriusXM Group were worth $97,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Principal Financial Group Inc. boosted its stake in The Liberty SiriusXM Group by 5.5% in the 3rd quarter. Principal Financial Group Inc. now owns 12,085 shares of the technology company’s stock worth $308,000 after purchasing an additional 628 shares during the period. Daiwa Securities Group Inc. raised its position in The Liberty SiriusXM Group by 8.7% in the 3rd quarter. Daiwa Securities Group Inc. now owns 8,709 shares of the technology company’s stock valued at $222,000 after buying an additional 700 shares during the last quarter. Signaturefd LLC boosted its position in The Liberty SiriusXM Group by 52.9% during the 3rd quarter. Signaturefd LLC now owns 3,326 shares of the technology company’s stock worth $85,000 after acquiring an additional 1,151 shares during the last quarter. Clear Harbor Asset Management LLC raised its holdings in shares of The Liberty SiriusXM Group by 4.4% in the fourth quarter. Clear Harbor Asset Management LLC now owns 34,108 shares of the technology company’s stock valued at $982,000 after purchasing an additional 1,450 shares during the last quarter. Finally, J.P. Morgan Private Wealth Advisors LLC lifted its position in shares of The Liberty SiriusXM Group by 8.9% in the third quarter. J.P. Morgan Private Wealth Advisors LLC now owns 18,064 shares of the technology company’s stock worth $460,000 after purchasing an additional 1,478 shares in the last quarter. 56.58% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of The Liberty SiriusXM Group from a “sell” rating to a “hold” rating in a research note on Wednesday, March 6th.

The Liberty SiriusXM Group Stock Performance

Shares of LSXMK stock opened at $25.55 on Tuesday. The firm has a 50 day moving average price of $27.92 and a two-hundred day moving average price of $27.96. The Liberty SiriusXM Group has a 12-month low of $22.24 and a 12-month high of $31.67.

The Liberty SiriusXM Group (NASDAQ:LSXMK) last released its earnings results on Wednesday, February 28th. The technology company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.01. The company had revenue of $2.29 billion for the quarter.

Insider Activity

In other news, major shareholder Berkshire Hathaway Inc acquired 234,194 shares of the firm’s stock in a transaction dated Monday, March 4th. The stock was bought at an average cost of $28.77 per share, for a total transaction of $6,737,761.38. Following the completion of the transaction, the insider now directly owns 48,733,666 shares in the company, valued at approximately $1,402,067,570.82. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders bought 6,321,691 shares of company stock valued at $176,608,626 over the last quarter.

The Liberty SiriusXM Group Profile

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.