Berkshire Hathaway Inc Purchases 513,104 Shares of The Liberty SiriusXM Group (NASDAQ:LSXMA) Stock

The Liberty SiriusXM Group (NASDAQ:LSXMA) major shareholder Berkshire Hathaway Inc acquired 513,104 shares of The Liberty SiriusXM Group stock in a transaction that occurred on Wednesday, April 10th. The stock was acquired at an average price of $25.96 per share, with a total value of $13,320,179.84. Following the completion of the acquisition, the insider now directly owns 68,423,017 shares in the company, valued at approximately $1,776,261,521.32. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Berkshire Hathaway Inc also recently made the following trade(s):

• On Friday, April 12th, Berkshire Hathaway Inc acquired 413,227 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average price of $25.58 per share, with a total value of $10,570,346.66.
• On Monday, April 8th, Berkshire Hathaway Inc acquired 938,896 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average price of $26.98 per share, with a total value of $25,331,414.08.
• On Thursday, April 4th, Berkshire Hathaway Inc acquired 1,250,000 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average price of $27.76 per share, with a total value of $34,700,000.00.
• On Wednesday, March 27th, Berkshire Hathaway Inc acquired 189,759 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average price of $29.25 per share, with a total value of $5,550,450.75.
• On Monday, March 25th, Berkshire Hathaway Inc acquired 199,664 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average price of $28.82 per share, with a total value of $5,754,316.48.
• On Thursday, March 21st, Berkshire Hathaway Inc acquired 333,916 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average price of $28.92 per share, with a total value of $9,656,850.72.
• On Monday, March 11th, Berkshire Hathaway Inc acquired 20,609 shares of The Liberty SiriusXM Group stock. The stock was acquired at an average price of $29.94 per share, with a total value of $617,033.46.
• On Friday, March 8th, Berkshire Hathaway Inc purchased 521,804 shares of The Liberty SiriusXM Group stock. The shares were purchased at an average price of $29.86 per share, with a total value of $15,581,067.44.
• On Monday, March 4th, Berkshire Hathaway Inc purchased 234,194 shares of The Liberty SiriusXM Group stock. The shares were purchased at an average price of $28.77 per share, with a total value of $6,737,761.38.
• On Wednesday, March 6th, Berkshire Hathaway Inc purchased 1,188,000 shares of The Liberty SiriusXM Group stock. The shares were purchased at an average price of $29.39 per share, with a total value of $34,915,320.00.

The Liberty SiriusXM Group Trading Down 2.7 %

Shares of The Liberty SiriusXM Group stock traded down $0.72 during trading hours on Friday, reaching $25.50. 1,827,103 shares of the stock traded hands, compared to its average volume of 1,620,196. The company has a 50 day moving average price of $29.35 and a 200 day moving average price of $27.95. The Liberty SiriusXM Group has a one year low of $22.01 and a one year high of $31.69.

The Liberty SiriusXM Group (NASDAQ:LSXMA) last announced its quarterly earnings data on Wednesday, February 28th. The technology company reported $0.53 earnings per share (EPS) for the quarter. The company had revenue of $2.29 billion for the quarter. Analysts predict that The Liberty SiriusXM Group will post 1.41 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in shares of The Liberty SiriusXM Group by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 10,876,251 shares of the technology company’s stock valued at $312,583,000 after acquiring an additional 131,699 shares during the period. BlackRock Inc. lifted its holdings in The Liberty SiriusXM Group by 3.6% in the 1st quarter. BlackRock Inc. now owns 6,170,942 shares of the technology company’s stock worth $282,074,000 after purchasing an additional 213,037 shares in the last quarter. Baupost Group LLC MA lifted its holdings in The Liberty SiriusXM Group by 13.0% in the 1st quarter. Baupost Group LLC MA now owns 5,619,936 shares of the technology company’s stock worth $256,887,000 after purchasing an additional 644,936 shares in the last quarter. Aristeia Capital LLC lifted its holdings in The Liberty SiriusXM Group by 5.0% in the 3rd quarter. Aristeia Capital LLC now owns 3,314,144 shares of the technology company’s stock worth $84,345,000 after purchasing an additional 157,677 shares in the last quarter. Finally, Sculptor Capital LP lifted its holdings in The Liberty SiriusXM Group by 36.1% in the 1st quarter. Sculptor Capital LP now owns 3,230,683 shares of the technology company’s stock worth $90,750,000 after purchasing an additional 857,501 shares in the last quarter. 28.72% of the stock is currently owned by institutional investors.

About The Liberty SiriusXM Group

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