Liberty Sirius XM Group Series A (NASDAQ:LSXMA)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $46.27 and last traded at $46.18, with a volume of 25978 shares traded. The stock had previously closed at $45.85.

LSXMA has been the subject of several research analyst reports. Zacks Investment Research downgraded shares of Liberty Sirius XM Group Series A from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 14th. Pivotal Research reissued a “buy” rating and issued a $67.00 target price on shares of Liberty Sirius XM Group Series A in a report on Sunday, August 11th. Citigroup increased their target price on shares of Liberty Sirius XM Group Series A from $50.00 to $54.00 and gave the stock a “buy” rating in a report on Monday, September 23rd. Benchmark began coverage on shares of Liberty Sirius XM Group Series A in a report on Wednesday, October 9th. They issued a “buy” rating and a $60.00 target price for the company. Finally, Deutsche Bank increased their target price on shares of Liberty Sirius XM Group Series A from $62.00 to $67.00 and gave the stock a “buy” rating in a report on Monday, August 19th. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $58.20.

The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.49 and a current ratio of 0.49. The firm’s fifty day simple moving average is $42.93 and its 200-day simple moving average is $40.10. The stock has a market cap of $14.62 billion, a P/E ratio of 22.99 and a beta of 1.20.

Liberty Sirius XM Group Series A (NASDAQ:LSXMA) last announced its earnings results on Thursday, August 8th. The technology company reported $0.52 earnings per share (EPS) for the quarter. The business had revenue of $1.98 billion for the quarter. Liberty Sirius XM Group Series A had a return on equity of 2.40% and a net margin of 8.06%.

In related news, SVP Brian J. Wendling sold 14,533 shares of Liberty Sirius XM Group Series A stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $38.47, for a total transaction of $559,084.51. Also, insider Albert E. Rosenthaler sold 3,398 shares of Liberty Sirius XM Group Series A stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $28.22, for a total value of $95,891.56. Following the sale, the insider now directly owns 9,990 shares in the company, valued at approximately $281,917.80. The disclosure for this sale can be found here.

A number of institutional investors and hedge funds have recently modified their holdings of LSXMA. Atwater Malick LLC acquired a new stake in Liberty Sirius XM Group Series A in the third quarter valued at $29,000. CWM LLC raised its position in shares of Liberty Sirius XM Group Series A by 226.3% during the 2nd quarter. CWM LLC now owns 757 shares of the technology company’s stock worth $29,000 after purchasing an additional 525 shares during the last quarter. Captrust Financial Advisors raised its position in shares of Liberty Sirius XM Group Series A by 36.9% during the 2nd quarter. Captrust Financial Advisors now owns 1,348 shares of the technology company’s stock worth $51,000 after purchasing an additional 363 shares during the last quarter. Quadrant Capital Group LLC raised its position in shares of Liberty Sirius XM Group Series A by 1,621.3% during the 3rd quarter. Quadrant Capital Group LLC now owns 1,377 shares of the technology company’s stock worth $55,000 after purchasing an additional 1,297 shares during the last quarter. Finally, Skandinaviska Enskilda Banken AB publ acquired a new position in shares of Liberty Sirius XM Group Series A during the 2nd quarter worth approximately $106,000. 27.33% of the stock is currently owned by institutional investors.

About Liberty Sirius XM Group Series A (NASDAQ:LSXMA)

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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