In a filing, The Liberty SiriusXM Group revealed its CAO/PFO Wendling Brian J unloaded Company’s shares for reported $47950.0 on Jan 11. In the deal valued at $35.00 per share,1,370 shares were sold. As a result of this transaction, Wendling Brian J now holds 14,871 shares worth roughly $ 0.48 million.
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Then, Wendling Brian J sold 1,371 shares, generating $46,614 in total proceeds. Upon selling the shares at $34.00, the CAO/PFO now owns 14,871 shares.
Before that, GAMCO INVESTORS, INC. ET AL bought 200 shares. The Liberty SiriusXM Group shares valued at $6,560 were divested by the 10% Owner at a price of $32.80 per share. As a result of the transaction, GAMCO INVESTORS, INC. ET AL now holds 2,000 shares, worth roughly $64440.0.
Rosenblatt initiated its The Liberty SiriusXM Group [LSXMK] rating to a Buy in a research note published on Tuesday, April 19, 2022; the price target was $87. PT values the company’s stock at a premium of 62.97 to its Tuesday closing price. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in early December from “an Overweight” to “an Equal-weight”. Pivotal Research Group maintained its rating on November 12, 2018. It rated LSXMK as “a Buy”.
Price Performance Review of LSXMK
On Tuesday, The Liberty SiriusXM Group [NASDAQ:LSXMK] saw its stock fall -1.47% to $32.22. On the same session, the stock had its day’s lowest price of $32.15, but rose to a high of $32.58. Over the last five days, the stock has lost -3.13%. The Liberty SiriusXM Group shares have fallen nearly -17.66% since the year began. Nevertheless, the stocks have fallen -36.52% over the past one year. While a 52-week high of $50.50 was reached on 01/17/23, a 52-week low of $31.97 was recorded on 02/24/23. SMA at 50 days reached $37.96, while 200 days put it at $39.76.
Levels Of Support And Resistance For LSXMK Stock
The 24-hour chart illustrates a support level at 32.05, which if violated will result in even more drops to 31.89. On the upside, there is a resistance level at 32.48. A further resistance level may holdings at 32.75. The Relative Strength Index (RSI) on the 14-day chart is 22.82, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.15%. Stochastics %K at 7.93% indicates the stock is a buying.
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 Jan 30, 2023, dropping by 60000.0 shares to a total of 3.67 million shares. Yahoo Finance data shows the prior-month short interest on Dec 29, 2022 was 3.73 million shares. There was a decline of -1.63%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 2.41% of the overall stock float, the days-to-cover ratio (short ratio) fell to 6.17.
The Liberty SiriusXM Group [LSXMK] – Who Are The Largest Shareholders?
In filings from Berkshire Hathaway, Inc., it is revealed that the company now owns 43,208,291 shares, or roughly 19.75% of the outstanding LSXMK shares. Additionally, The Vanguard Group, Inc. increased 1.08% of its stake after which the total value it holdings stand at $569,378,187, while The Baupost Group LLC reduced -0.92% of its stake to hold $550.14 million in the firm. Over the last quarter, JPMorgan Investment Management, I purchased 103,335 shares of The Liberty SiriusXM Group, while FPR Partners LLC bought 0 shares. At present, D. E. Shaw & Co. LP is holding 6,433,573 shares valued at $259.27 million. BlackRock Fund Advisors owned 5,566,724 shares of the company at the time of its most recent 13F filing, worth $224.34 million.
According to FactSet, The Liberty SiriusXM Group’s share price will average $48.33 in the next year, based on opinions of analysts polled by the firm. This is up nearly 40.67 percent from its previous closing price of $32.70. Analysts expect The Liberty SiriusXM Group stock to reach the higher price of $58.00, while the lowest price estimate is $41.00. However, 3 analysts have rated LSXMK stock as an Overweight in their predictions for 2023.