Home Stock Earnings Investing in The Liberty SiriusXM Group (LSXMA): What You Must Know

Investing in The Liberty SiriusXM Group (LSXMA): What You Must Know

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Investing in The Liberty SiriusXM Group (LSXMA): What You Must Know

The Liberty SiriusXM Group’s recent filing unveils that its 10% Owner GAMCO INVESTORS, INC. ET AL acquired Company’s shares for reported $29313.0 on Oct 13. In the deal valued at $29.31 per share,1,000 shares were bought. As a result of this transaction, GAMCO INVESTORS, INC. ET AL now holds 30,000 shares worth roughly $ 1.28 million.


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Then, GAMCO INVESTORS, INC. ET AL bought 1,818 shares, generating $50,904 in total proceeds. Upon buying the shares at $28.00, the 10% Owner now owns 42,000 shares.

Before that, GAMCO INVESTORS, INC. ET AL bought 182 shares. The Liberty SiriusXM Group shares valued at $5,100 were divested by the 10% Owner at a price of $28.02 per share. As a result of the transaction, GAMCO INVESTORS, INC. ET AL now holds 40,182 shares, worth roughly $1.72 million.

Morgan Stanley downgraded its The Liberty SiriusXM Group [LSXMA] rating to an Equal-weight from a an Overweight in a research note published on Monday, December 09, 2021; the price target was decreased to $56 from $57. PT values the company’s stock at a premium of 23.68 to its Monday closing price. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in mid January from “an Equal weight” to “an Overweight”. Credit Suisse also remained covering LSXMA and has increased its forecast on October 07, 2020 with a “an Outperform” recommendation from previously “Neutral” rating. Pivotal Research Group maintained its rating on March 31, 2020. It rated LSXMA as “a Buy”.

Price Performance Review of LSXMA

On Monday, The Liberty SiriusXM Group [NASDAQ:LSXMA] saw its stock jump 2.27% to $42.74. On the same session, the stock had its day’s lowest price of $42.00, but rose to a high of $43.54. Over the last five days, the stock has gained 0.71%. The Liberty SiriusXM Group shares have fallen nearly -15.95% since the year began. Nevertheless, the stocks have fallen -22.29% over the past one year. While a 52-week high of $56.26 was reached on 02/16/22, a 52-week low of $34.40 was recorded on 06/23/22. SMA at 50 days reached $40.71, while 200 days put it at $42.27. A total of 0.96 million shares were traded, compared to the trading of 0.74 million shares in the previous session.

Levels Of Support And Resistance For LSXMA Stock

The 24-hour chart illustrates a support level at 41.98, which if violated will result in even more drops to 41.22. On the upside, there is a resistance level at 43.52. A further resistance level may holdings at 44.30. The Relative Strength Index (RSI) on the 14-day chart is 61.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.00%. Stochastics %K at 63.57% indicates the stock is a holding.

How much short interest is there in The Liberty SiriusXM Group?

A steep rise in short interest was recorded in The Liberty SiriusXM Group stocks on Jul 14, 2022, growing by 0.3 million shares to a total of 6.04 million shares. Yahoo Finance data shows the prior-month short interest on Jun 14, 2022 was 5.74 million shares. There was a rise of 4.97%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 8.06% of the overall stock float, the days-to-cover ratio (short ratio) rose to 8.61.

The Liberty SiriusXM Group [LSXMA] – Who Are The Largest Shareholders?

In filings from Berkshire Hathaway, Inc., it is revealed that the company now owns 20,207,680 shares, or roughly 20.60% of the outstanding LSXMA shares. Additionally, The Baupost Group LLC increased 30.34% of its stake after which the total value it holdings stand at $278,857,192, while The Vanguard Group, Inc. added 3.05% of its stake to hold $274.4 million in the firm. Over the last quarter, D. E. Shaw & Co. LP sold -87,283 shares of The Liberty SiriusXM Group, while BlackRock Fund Advisors sold -196,301 shares. At present, Epoch Investment Partners, Inc. is holding 2,616,431 shares valued at $99.61 million. FPR Partners LLC owned 2,108,976 shares of the company at the time of its most recent 13F filing, worth $80.29 million.

According to FactSet, The Liberty SiriusXM Group’s share price will average $60.00 in the next year, based on opinions of analysts polled by the firm. This is up nearly 36.4 percent from its previous closing price of $41.79. Analysts expect The Liberty SiriusXM Group stock to reach the higher price of $84.00, while the lowest price estimate is $41.00. However, 10 analysts have rated LSXMA stock as a Buy in their predictions for 2022.

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