Cove Street Capital LLC Trims Stake in The Liberty SiriusXM Group (NASDAQ:LSXMA)

Cove Street Capital LLC reduced its position in The Liberty SiriusXM Group (NASDAQ:LSXMAFree Report) by 13.1% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 103,399 shares of the technology company’s stock after selling 15,600 shares during the period. Cove Street Capital LLC’s holdings in The Liberty SiriusXM Group were worth $2,626,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Rhumbline Advisers increased its holdings in shares of The Liberty SiriusXM Group by 8.6% during the 2nd quarter. Rhumbline Advisers now owns 113,793 shares of the technology company’s stock valued at $3,734,000 after purchasing an additional 8,991 shares in the last quarter. Barclays PLC increased its holdings in The Liberty SiriusXM Group by 52.2% in the 2nd quarter. Barclays PLC now owns 198,602 shares of the technology company’s stock worth $6,516,000 after acquiring an additional 68,129 shares in the last quarter. Segantii Capital Management Ltd purchased a new stake in The Liberty SiriusXM Group in the 3rd quarter worth $19,088,000. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new stake in The Liberty SiriusXM Group in the 3rd quarter worth $4,925,000. Finally, US Bancorp DE grew its holdings in shares of The Liberty SiriusXM Group by 99.9% during the second quarter. US Bancorp DE now owns 7,261 shares of the technology company’s stock worth $238,000 after buying an additional 3,629 shares in the last quarter. 0.40% of the stock is currently owned by institutional investors.

Insider Buying and Selling at The Liberty SiriusXM Group

In related news, major shareholder Berkshire Hathaway Inc acquired 175,827 shares of the company’s stock in a transaction dated Thursday, February 1st. The stock was bought at an average price of $30.70 per share, with a total value of $5,397,888.90. Following the purchase, the insider now directly owns 48,499,472 shares in the company, valued at approximately $1,488,933,790.40. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, major shareholder Berkshire Hathaway Inc bought 175,827 shares of the company’s stock in a transaction on Thursday, February 1st. The shares were purchased at an average cost of $30.70 per share, with a total value of $5,397,888.90. Following the completion of the transaction, the insider now directly owns 48,499,472 shares of the company’s stock, valued at $1,488,933,790.40. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Malcolm Ian Grant Gilchrist sold 3,258 shares of the stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $65.07, for a total value of $211,998.06. The disclosure for this sale can be found here. Over the last quarter, insiders acquired 2,474,462 shares of company stock valued at $75,600,119.

The Liberty SiriusXM Group Trading Up 1.5 %

Shares of LSXMA stock traded up $0.46 on Monday, hitting $30.78. 738,890 shares of the stock traded hands, compared to its average volume of 1,402,498. The firm’s 50-day moving average price is $29.37 and its two-hundred day moving average price is $26.55. The Liberty SiriusXM Group has a twelve month low of $22.01 and a twelve month high of $31.69.

About The Liberty SiriusXM Group

(Free Report)

The Liberty SiriusXM Group, through its subsidiaries, engages in the entertainment business in the United States and Canada. 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 applications for mobile and home devices, and other consumer electronic equipment.

Featured Articles

Institutional Ownership by Quarter for The Liberty SiriusXM Group (NASDAQ:LSXMA)

Receive News & Ratings for The Liberty SiriusXM Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Liberty SiriusXM Group and related companies with MarketBeat.com's FREE daily email newsletter.