378,342 Shares in Liberty Sirius XM Group Series A (NASDAQ:LSXMA) Acquired by Alpine Group USVI LLC

Alpine Group USVI LLC purchased a new position in Liberty Sirius XM Group Series A (NASDAQ:LSXMA) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 378,342 shares of the technology company’s stock, valued at approximately $15,728,000. Liberty Sirius XM Group Series A makes up about 4.0% of Alpine Group USVI LLC’s investment portfolio, making the stock its 6th largest holding. Alpine Group USVI LLC owned 0.12% of Liberty Sirius XM Group Series A as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Rockshelter Capital Management LLC bought a new stake in Liberty Sirius XM Group Series A in the 2nd quarter worth approximately $4,343,000. Maven Securities LTD increased its stake in Liberty Sirius XM Group Series A by 11.4% in the 2nd quarter. Maven Securities LTD now owns 158,125 shares of the technology company’s stock worth $5,944,000 after acquiring an additional 16,231 shares during the last quarter. Man Group plc increased its stake in Liberty Sirius XM Group Series A by 40.4% in the 2nd quarter. Man Group plc now owns 652,659 shares of the technology company’s stock worth $24,677,000 after acquiring an additional 187,766 shares during the last quarter. Neuburgh Advisers LLC increased its stake in Liberty Sirius XM Group Series A by 148.4% in the 1st quarter. Neuburgh Advisers LLC now owns 95,920 shares of the technology company’s stock worth $3,662,000 after acquiring an additional 57,310 shares during the last quarter. Finally, Gamco Investors INC. ET AL increased its stake in Liberty Sirius XM Group Series A by 1.1% in the 2nd quarter. Gamco Investors INC. ET AL now owns 728,396 shares of the technology company’s stock worth $27,541,000 after acquiring an additional 7,752 shares during the last quarter. 27.34% of the stock is currently owned by institutional investors.

A number of analysts have issued reports on LSXMA shares. Citigroup lifted their price objective on Liberty Sirius XM Group Series A from $50.00 to $54.00 and gave the stock a “buy” rating in a research note on Monday, September 23rd. Pivotal Research reaffirmed a “buy” rating and issued a $67.00 price objective on shares of Liberty Sirius XM Group Series A in a research note on Sunday, August 11th. Deutsche Bank lifted their price objective on Liberty Sirius XM Group Series A from $62.00 to $67.00 and gave the stock a “buy” rating in a research note on Monday, August 19th. Zacks Investment Research downgraded Liberty Sirius XM Group Series A from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 14th. Finally, Benchmark initiated coverage on Liberty Sirius XM Group Series A in a research report on Wednesday. They set a “buy” rating and a $60.00 target price on the stock. One research analyst has rated the stock with a sell rating and five have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $58.20.

Shares of NASDAQ LSXMA traded up $0.16 during trading hours on Friday, hitting $42.28. 15,062 shares of the company traded hands, compared to its average volume of 432,459. The stock has a market capitalization of $13.26 billion, a price-to-earnings ratio of 21.15 and a beta of 1.19. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 0.64. The company’s 50 day moving average price is $41.08 and its 200 day moving average price is $39.43. Liberty Sirius XM Group Series A has a 12 month low of $34.92 and a 12 month high of $43.57.

Liberty Sirius XM Group Series A (NASDAQ:LSXMA) last released its earnings results on Thursday, August 8th. The technology company reported $0.52 earnings per share for the quarter. The firm 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 other Liberty Sirius XM Group Series A news, insider Albert E. Rosenthaler sold 3,398 shares of the company’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $28.22, for a total value of $95,891.56. Following the transaction, the insider now owns 9,990 shares of the company’s stock, valued at approximately $281,917.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Brian J. Wendling sold 14,533 shares of the company’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $38.47, for a total value of $559,084.51.

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

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