Liberty Sirius XM Group Series A (LSXMA) Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC lowered its stake in Liberty Sirius XM Group Series A (NASDAQ:LSXMA) by 30.4% in the first quarter, Holdings Channel reports. The institutional investor owned 19,230 shares of the technology company’s stock after selling 8,385 shares during the period. Janus Henderson Group PLC’s holdings in Liberty Sirius XM Group Series A were worth $734,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Oppenheimer Asset Management Inc. purchased a new position in shares of Liberty Sirius XM Group Series A during the fourth quarter worth $112,000. Loeb Partners Corp acquired a new stake in Liberty Sirius XM Group Series A during the fourth quarter valued at $131,000. Bank of Montreal Can grew its position in Liberty Sirius XM Group Series A by 14.7% during the fourth quarter. Bank of Montreal Can now owns 4,052 shares of the technology company’s stock valued at $149,000 after buying an additional 520 shares during the period. Daiwa Securities Group Inc. grew its position in Liberty Sirius XM Group Series A by 53.5% during the first quarter. Daiwa Securities Group Inc. now owns 4,528 shares of the technology company’s stock valued at $173,000 after buying an additional 1,578 shares during the period. Finally, Beese Fulmer Investment Management Inc. acquired a new stake in Liberty Sirius XM Group Series A during the first quarter valued at $201,000. 27.16% of the stock is owned by institutional investors and hedge funds.

In other news, insider Richard N. Baer sold 19,988 shares of Liberty Sirius XM Group Series A stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $41.51, for a total value of $829,701.88. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

LSXMA has been the topic of several analyst reports. Zacks Investment Research upgraded shares of Liberty Sirius XM Group Series A from a “hold” rating to a “buy” rating and set a $43.00 price target on the stock in a research report on Wednesday, March 27th. Pivotal Research restated a “buy” rating and set a $60.00 price target on shares of Liberty Sirius XM Group Series A in a research report on Sunday, May 12th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $57.57.

LSXMA stock opened at $37.84 on Thursday. The firm has a market cap of $12.40 billion, a P/E ratio of 23.81 and a beta of 1.19. Liberty Sirius XM Group Series A has a one year low of $34.92 and a one year high of $48.57.

Liberty Sirius XM Group Series A (NASDAQ:LSXMA) last announced its earnings results on Thursday, February 28th. The technology company reported $0.38 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.04). The firm had revenue of $1.50 billion for the quarter. Equities analysts expect that Liberty Sirius XM Group Series A will post 2.42 EPS for the current year.

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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.

Further Reading: Percentage Gainers

Want to see what other hedge funds are holding LSXMA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Sirius XM Group Series A (NASDAQ:LSXMA).

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

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