The Liberty SiriusXM Group (LSXMA) Set to Announce Earnings on Friday

The Liberty SiriusXM Group (NASDAQ:LSXMA – Get Rating) is set to announce its earnings results before the market opens on Friday, May 6th. Investors interested in listening to the company’s conference call can do so using this link.

The Liberty SiriusXM Group (NASDAQ:LSXMA – Get Rating) last issued its quarterly earnings results on Friday, February 25th. The technology company reported ($0.20) earnings per share (EPS) for the quarter. The company had revenue of $2.28 billion during the quarter. The Liberty SiriusXM Group had a net margin of 6.89% and a return on equity of 3.19%.

Shares of LSXMA stock opened at $42.75 on Friday. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.86. The stock has a market cap of $14.21 billion, a P/E ratio of 23.88 and a beta of 1.15. The stock has a 50 day simple moving average of $45.89 and a 200 day simple moving average of $48.48. The Liberty SiriusXM Group has a 1 year low of $40.00 and a 1 year high of $56.26.

In other The Liberty SiriusXM Group news, major shareholder Gamco Investors, Inc. Et Al acquired 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 12th. The stock was acquired at an average cost of $27.12 per share, for a total transaction of $135,600.00. Following the transaction, the insider now directly owns 40,000 shares in the company, valued at $1,084,800. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last quarter, insiders bought 11,000 shares of company stock worth $302,800.

A number of institutional investors have recently added to or reduced their stakes in LSXMA. NEXT Financial Group Inc grew its position in The Liberty SiriusXM Group by 173.8% in the fourth quarter. NEXT Financial Group Inc now owns 586 shares of the technology company’s stock valued at $30,000 after acquiring an additional 372 shares during the last quarter. Metropolitan Life Insurance Co NY bought a new position in The Liberty SiriusXM Group in the fourth quarter valued at about $94,000. Amalgamated Bank grew its position in The Liberty SiriusXM Group by 14.0% in the fourth quarter. Amalgamated Bank now owns 9,645 shares of the technology company’s stock valued at $490,000 after acquiring an additional 1,181 shares during the last quarter. LPL Financial LLC grew its position in The Liberty SiriusXM Group by 32.8% in the third quarter. LPL Financial LLC now owns 17,915 shares of the technology company’s stock valued at $845,000 after acquiring an additional 4,427 shares during the last quarter. Finally, Weiss Multi Strategy Advisers LLC bought a new position in The Liberty SiriusXM Group in the fourth quarter valued at about $1,337,000. Hedge funds and other institutional investors own 28.44% of the company’s stock.

The Liberty SiriusXM Group Company Profile (Get Rating)

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.

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