Victory Capital Management Inc. Has $706,000 Stock Holdings in The Liberty SiriusXM Group (NASDAQ:LSXMK)

Victory Capital Management Inc. lowered its stake in The Liberty SiriusXM Group (NASDAQ:LSXMK) by 2.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,563 shares of the technology company’s stock after selling 503 shares during the period. Victory Capital Management Inc.’s holdings in The Liberty SiriusXM Group were worth $706,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its holdings in shares of The Liberty SiriusXM Group by 0.6% during the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 54,298 shares of the technology company’s stock worth $1,520,000 after purchasing an additional 345 shares during the period. Great West Life Assurance Co. Can lifted its holdings in shares of The Liberty SiriusXM Group by 0.3% during the first quarter. Great West Life Assurance Co. Can now owns 131,039 shares of the technology company’s stock worth $6,355,000 after purchasing an additional 378 shares during the period. Captrust Financial Advisors lifted its holdings in shares of The Liberty SiriusXM Group by 1.8% during the third quarter. Captrust Financial Advisors now owns 25,553 shares of the technology company’s stock worth $964,000 after purchasing an additional 449 shares during the period. Price T Rowe Associates Inc. MD raised its stake in The Liberty SiriusXM Group by 1.0% during the second quarter. Price T Rowe Associates Inc. MD now owns 51,920 shares of the technology company’s stock worth $1,872,000 after buying an additional 497 shares during the last quarter. Finally, Daiwa Securities Group Inc. raised its stake in The Liberty SiriusXM Group by 6.7% during the first quarter. Daiwa Securities Group Inc. now owns 8,009 shares of the technology company’s stock worth $224,000 after buying an additional 500 shares during the last quarter. Institutional investors and hedge funds own 0.27% of the company’s stock.

Insider Buying and Selling

In related news, CEO Gregory B. Maffei sold 5,182 shares of the business’s stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $32.82, for a total transaction of $170,073.24. Following the transaction, the chief executive officer now directly owns 4,203,799 shares in the company, valued at $137,968,683.18. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other The Liberty SiriusXM Group news, CEO Gregory B. Maffei sold 5,182 shares of the business’s stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $32.82, for a total value of $170,073.24. Following the transaction, the chief executive officer now directly owns 4,203,799 shares in the company, valued at $137,968,683.18. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Chairman John C. Malone sold 120,900 shares of the business’s stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $70.89, for a total transaction of $8,570,601.00. Following the completion of the transaction, the chairman now owns 3,010,381 shares in the company, valued at $213,405,909.09. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 287,867 shares of company stock worth $20,102,637.

The Liberty SiriusXM Group Trading Up 2.3 %

Shares of NASDAQ LSXMK opened at $25.12 on Thursday. The company has a 50-day moving average price of $24.28 and a 200-day moving average price of $27.48. The Liberty SiriusXM Group has a 1 year low of $22.24 and a 1 year high of $26.85.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Pivotal Research lifted their target price on shares of The Liberty SiriusXM Group from $34.00 to $41.00 in a research note on Tuesday, September 26th. TheStreet raised shares of The Liberty SiriusXM Group from a “d+” rating to a “c-” rating in a research note on Wednesday, September 27th. Rosenblatt Securities decreased their price target on shares of The Liberty SiriusXM Group from $53.00 to $43.00 and set a “buy” rating for the company in a research note on Wednesday, September 6th. StockNews.com assumed coverage on shares of The Liberty SiriusXM Group in a research note on Thursday, October 5th. They issued a “hold” rating for the company. Finally, Morgan Stanley decreased 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 research note on Tuesday, August 15th.

The Liberty SiriusXM Group Profile

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.