The Liberty SiriusXM Group (NASDAQ:LSXMK) Stock Holdings Lowered by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lowered its position in shares of The Liberty SiriusXM Group (NASDAQ:LSXMK) by 3.8% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 11,340 shares of the technology company’s stock after selling 447 shares during the period. Oppenheimer & Co. Inc.’s holdings in The Liberty SiriusXM Group were worth $317,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Almanack Investment Partners LLC. bought a new position in shares of The Liberty SiriusXM Group during the third quarter worth about $29,000. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in The Liberty SiriusXM Group in the fourth quarter worth about $32,000. Quantbot Technologies LP acquired a new stake in The Liberty SiriusXM Group in the second quarter worth about $90,000. State of Wyoming lifted its holdings in The Liberty SiriusXM Group by 238.9% in the fourth quarter. State of Wyoming now owns 2,325 shares of the technology company’s stock worth $91,000 after purchasing an additional 1,639 shares during the period. Finally, O Shaughnessy Asset Management LLC lifted its holdings in The Liberty SiriusXM Group by 13.7% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 2,824 shares of the technology company’s stock worth $111,000 after purchasing an additional 341 shares during the period. Institutional investors own 0.27% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. StockNews.com assumed coverage on shares of The Liberty SiriusXM Group in a report on Thursday, August 17th. They issued a “hold” rating for the company. TheStreet downgraded shares of The Liberty SiriusXM Group from a “c” rating to a “d+” rating in a report on Thursday, July 20th. Morgan Stanley cut their price target on shares of The Liberty SiriusXM Group from $36.00 to $24.00 and set an “equal weight” rating for the company in a report on Tuesday, August 15th. Finally, Pivotal Research cut their price target on shares of The Liberty SiriusXM Group from $36.00 to $34.00 in a report on Monday, August 7th.

Insider Buying and Selling at The Liberty SiriusXM Group

In other news, Chairman John C. Malone acquired 140,000 shares of The Liberty SiriusXM Group stock in a transaction on Monday, August 7th. The stock was bought at an average cost of $35.70 per share, with a total value of $4,998,000.00. Following the completion of the purchase, the chairman now owns 3,658,473 shares of the company’s stock, valued at $130,607,486.10. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, insider Albert E. Rosenthaler sold 5,882 shares of the company’s stock in a transaction dated Tuesday, June 6th. The stock was sold at an average price of $73.79, for a total value of $434,032.78. Following the transaction, the insider now owns 72,644 shares in the company, valued at approximately $5,360,400.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman John C. Malone bought 140,000 shares of the company’s stock in a transaction dated Monday, August 7th. The stock was acquired at an average price of $35.70 per share, for a total transaction of $4,998,000.00. Following the acquisition, the chairman now directly owns 3,658,473 shares in the company, valued at $130,607,486.10. The disclosure for this purchase can be found here. Over the last ninety days, insiders sold 293,749 shares of company stock valued at $20,536,669.

The Liberty SiriusXM Group Stock Up 3.1 %

LSXMK stock opened at $24.58 on Thursday. The Liberty SiriusXM Group has a one year low of $22.24 and a one year high of $26.85. The firm has a 50-day moving average of $29.16 and a two-hundred day moving average of $29.10.

About The Liberty SiriusXM Group

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.