Pivotal Research restated their buy rating on shares of Liberty Sirius XM Group Series A (NASDAQ:LSXMA) in a report released on Sunday, AnalystRatings.com reports. They currently have a $60.00 price target on the technology company’s stock.

Separately, Zacks Investment Research lowered Liberty Sirius XM Group Series A from a buy rating to a hold rating in a research note on Wednesday, April 3rd. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Liberty Sirius XM Group Series A has an average rating of Buy and an average target price of $57.57.

NASDAQ:LSXMA opened at $38.13 on Friday. Liberty Sirius XM Group Series A has a 12 month low of $34.92 and a 12 month high of $48.57. The company has a market cap of $12.55 billion, a price-to-earnings ratio of 19.06 and a beta of 1.19.

Liberty Sirius XM Group Series A (NASDAQ:LSXMA) last posted its quarterly earnings data on Thursday, February 28th. The technology company reported $0.38 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.04). The business had revenue of $1.50 billion during the quarter. As a group, equities analysts anticipate that Liberty Sirius XM Group Series A will post 2.42 earnings per share for the current year.

In related news, insider Richard N. Baer sold 19,988 shares of the stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $41.51, for a total value of $829,701.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

A number of large investors have recently added to or reduced their stakes in the business. Morgan Stanley lifted its stake in Liberty Sirius XM Group Series A by 7.3% during the first quarter. Morgan Stanley now owns 336,470 shares of the technology company’s stock worth $12,846,000 after purchasing an additional 22,826 shares in the last quarter. Jefferies Group LLC lifted its stake in Liberty Sirius XM Group Series A by 8.5% during the first quarter. Jefferies Group LLC now owns 349,482 shares of the technology company’s stock worth $13,343,000 after purchasing an additional 27,402 shares in the last quarter. Oxford Asset Management LLP acquired a new position in Liberty Sirius XM Group Series A during the first quarter worth $1,029,000. Hsbc Holdings PLC lifted its stake in Liberty Sirius XM Group Series A by 11.5% during the first quarter. Hsbc Holdings PLC now owns 19,389 shares of the technology company’s stock worth $740,000 after purchasing an additional 2,003 shares in the last quarter. Finally, Salzman & Co. Inc. lifted its stake in Liberty Sirius XM Group Series A by 8.2% during the first quarter. Salzman & Co. Inc. now owns 604,797 shares of the technology company’s stock worth $23,091,000 after purchasing an additional 45,637 shares in the last quarter. Institutional investors own 27.75% of the company’s stock.

About Liberty Sirius XM Group Series A

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 streaming services through applications for mobile and home devices, and other consumer electronic equipment, as well as online.

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Analyst Recommendations for Liberty Sirius XM Group Series A (NASDAQ:LSXMA)

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