Liberty Sirius XM Group Series A (NASDAQ:LSXMA) Stock Position Raised by Maven Securities LTD

Maven Securities LTD raised its stake in shares of Liberty Sirius XM Group Series A (NASDAQ:LSXMA) by 11.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 158,125 shares of the technology company’s stock after purchasing an additional 16,231 shares during the quarter. Liberty Sirius XM Group Series A accounts for about 4.0% of Maven Securities LTD’s holdings, making the stock its 6th biggest holding. Maven Securities LTD’s holdings in Liberty Sirius XM Group Series A were worth $5,944,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently added to or reduced their stakes in LSXMA. Dimensional Fund Advisors LP boosted its stake in Liberty Sirius XM Group Series A by 1.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 627,265 shares of the technology company’s stock worth $23,083,000 after buying an additional 8,196 shares in the last quarter. Geode Capital Management LLC lifted its stake in Liberty Sirius XM Group Series A by 8.5% in the fourth quarter. Geode Capital Management LLC now owns 1,075,050 shares of the technology company’s stock worth $39,545,000 after purchasing an additional 84,271 shares during the last quarter. Bank of Montreal Can boosted its position in Liberty Sirius XM Group Series A by 8.3% during the first quarter. Bank of Montreal Can now owns 4,387 shares of the technology company’s stock valued at $167,000 after buying an additional 335 shares during the period. Robeco Institutional Asset Management B.V. boosted its position in Liberty Sirius XM Group Series A by 32.8% during the first quarter. Robeco Institutional Asset Management B.V. now owns 7,234 shares of the technology company’s stock valued at $275,000 after buying an additional 1,787 shares during the period. Finally, Stevens Capital Management LP bought a new position in shares of Liberty Sirius XM Group Series A during the first quarter valued at about $1,658,000. 27.33% of the stock is owned by institutional investors and hedge funds.

In other news, insider Albert E. Rosenthaler sold 3,398 shares of the company’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $28.22, for a total transaction of $95,891.56. Following the completion of the transaction, the insider now directly owns 9,990 shares of the company’s stock, valued at $281,917.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of NASDAQ LSXMA traded up $0.52 during mid-day trading on Wednesday, hitting $42.15. The stock had a trading volume of 25,603 shares, compared to its average volume of 361,186. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.49 and a current ratio of 0.49. Liberty Sirius XM Group Series A has a 1 year low of $34.92 and a 1 year high of $47.54. The business has a 50 day moving average price of $40.53 and a two-hundred day moving average price of $39.28. The firm has a market cap of $13.17 billion, a P/E ratio of 20.85 and a beta of 1.19.

Several research analysts have recently commented on the company. Pivotal Research reiterated a “buy” rating and issued a $67.00 price objective on shares of Liberty Sirius XM Group Series A in a report on Sunday, August 11th. Zacks Investment Research cut Liberty Sirius XM Group Series A from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 14th. Finally, Deutsche Bank raised their price target on Liberty Sirius XM Group Series A from $62.00 to $67.00 and gave the stock a “buy” rating in a research report on Monday, August 19th. One research analyst has rated the stock with a sell rating and four have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $59.00.

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

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Institutional Ownership by Quarter for Liberty Sirius XM Group Series A (NASDAQ:LSXMA)

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