Liberty Sirius XM Group Series A (NASDAQ:LSXMA) insider Albert E. Rosenthaler sold 54,781 shares of the business’s stock in a transaction that occurred on Tuesday, August 28th. The shares were sold at an average price of $36.71, for a total value of $2,011,010.51. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of NASDAQ:LSXMA traded up $0.35 during trading on Friday, reaching $47.06. The company had a trading volume of 7,627 shares, compared to its average volume of 387,703. The firm has a market cap of $15.20 billion, a P/E ratio of 14.13 and a beta of 1.99. Liberty Sirius XM Group Series A has a fifty-two week low of $38.61 and a fifty-two week high of $48.57.

Liberty Sirius XM Group Series A (NASDAQ:LSXMA) last released its earnings results on Wednesday, August 8th. The technology company reported $0.49 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.50 by ($0.01). The firm had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.42 billion. analysts expect that Liberty Sirius XM Group Series A will post 2.17 earnings per share for the current fiscal year.

LSXMA has been the subject of a number of research reports. Deutsche Bank boosted their price objective on Liberty Sirius XM Group Series A from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, August 14th. Zacks Investment Research raised Liberty Sirius XM Group Series A from a “hold” rating to a “buy” rating and set a $52.00 target price on the stock in a report on Friday, August 24th. Pivotal Research reissued a “buy” rating and issued a $60.00 target price on shares of Liberty Sirius XM Group Series A in a report on Wednesday, May 23rd. Buckingham Research boosted their target price on Liberty Sirius XM Group Series A to $59.00 and gave the company a “buy” rating in a report on Monday, May 7th. Finally, Barclays lowered Liberty Sirius XM Group Series A from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $50.00 to $43.00 in a report on Tuesday, June 26th. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $56.33.

A number of hedge funds have recently made changes to their positions in LSXMA. VNBTrust National Association boosted its position in Liberty Sirius XM Group Series A by 11.0% during the second quarter. VNBTrust National Association now owns 11,345 shares of the technology company’s stock worth $511,000 after purchasing an additional 1,120 shares in the last quarter. Stevens Capital Management LP boosted its position in Liberty Sirius XM Group Series A by 9.1% during the second quarter. Stevens Capital Management LP now owns 18,855 shares of the technology company’s stock worth $849,000 after purchasing an additional 1,575 shares in the last quarter. Natixis Advisors L.P. boosted its position in Liberty Sirius XM Group Series A by 4.2% during the first quarter. Natixis Advisors L.P. now owns 42,907 shares of the technology company’s stock worth $1,763,000 after purchasing an additional 1,740 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in Liberty Sirius XM Group Series A by 5.3% during the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 37,408 shares of the technology company’s stock worth $1,685,000 after purchasing an additional 1,884 shares in the last quarter. Finally, Wayne Hummer Investments L.L.C. boosted its position in Liberty Sirius XM Group Series A by 19.5% during the first quarter. Wayne Hummer Investments L.L.C. now owns 12,393 shares of the technology company’s stock worth $509,000 after purchasing an additional 2,025 shares in the last quarter. 26.93% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Sirius XM Group Series A Company Profile

The Liberty SiriusXM Group, through its subsidiary Sirius XM Holdings Inc, transmits music, sports, entertainment, comedy, talk, news, traffic, and weather channels in the United States and Canada. The company also provides infotainment services; and Sirius XM on Demand over its Internet radio service through applications for mobile and home devices, and other consumer electronic equipment.

See Also: Technical Analysis

Insider Buying and Selling by Quarter for Liberty Sirius XM Group Series A (NASDAQ:LSXMA)

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