Insider Selling: The Liberty SiriusXM Group (NASDAQ:LSXMK) CAO Sells $10,179.00 in Stock

The Liberty SiriusXM Group (NASDAQ:LSXMKGet Free Report) CAO Brian J. Wendling sold 145 shares of the stock in a transaction dated Tuesday, June 4th. The stock was sold at an average price of $70.20, for a total transaction of $10,179.00. Following the completion of the sale, the chief accounting officer now directly owns 6,898 shares in the company, valued at $484,239.60. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

The Liberty SiriusXM Group Price Performance

Shares of LSXMK stock opened at $20.91 on Friday. The company has a market capitalization of $6.83 billion and a P/E ratio of 8.60. The company’s 50-day simple moving average is $24.47 and its two-hundred day simple moving average is $27.56. The Liberty SiriusXM Group has a one year low of $20.62 and a one year high of $31.67.

The Liberty SiriusXM Group (NASDAQ:LSXMKGet Free Report) last released its quarterly earnings data on Wednesday, May 8th. The technology company reported $0.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.05). The firm had revenue of $2.16 billion for the quarter, compared to analysts’ expectations of $2.14 billion. On average, research analysts expect that The Liberty SiriusXM Group will post 3.52 EPS for the current fiscal year.

Hedge Funds Weigh In On The Liberty SiriusXM Group

A number of hedge funds and other institutional investors have recently modified their holdings of LSXMK. Motco boosted its stake in shares of The Liberty SiriusXM Group by 172,300.0% during the first quarter. Motco now owns 1,724 shares of the technology company’s stock valued at $51,000 after purchasing an additional 1,723 shares in the last quarter. Principal Securities Inc. bought a new position in shares of The Liberty SiriusXM Group during the fourth quarter valued at approximately $66,000. UniSuper Management Pty Ltd boosted its stake in shares of The Liberty SiriusXM Group by 91.7% during the first quarter. UniSuper Management Pty Ltd now owns 2,300 shares of the technology company’s stock valued at $68,000 after purchasing an additional 1,100 shares in the last quarter. TFO Wealth Partners LLC boosted its stake in shares of The Liberty SiriusXM Group by 43,283.3% during the fourth quarter. TFO Wealth Partners LLC now owns 2,603 shares of the technology company’s stock valued at $75,000 after purchasing an additional 2,597 shares in the last quarter. Finally, Headlands Technologies LLC boosted its stake in shares of The Liberty SiriusXM Group by 615.9% during the fourth quarter. Headlands Technologies LLC now owns 3,379 shares of the technology company’s stock valued at $97,000 after purchasing an additional 2,907 shares in the last quarter. 56.58% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

LSXMK has been the topic of a number of recent analyst reports. Seaport Res Ptn raised shares of The Liberty SiriusXM Group from a “neutral” rating to a “buy” rating in a research report on Monday, April 29th. StockNews.com raised shares of The Liberty SiriusXM Group from a “sell” rating to a “hold” rating in a research report on Wednesday, March 6th. Two analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $36.00.

Check Out Our Latest Stock Analysis on The Liberty SiriusXM Group

About The Liberty SiriusXM Group

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for The Liberty SiriusXM Group (NASDAQ:LSXMK)

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