Cohen Klingenstein LLC purchased a new stake in Liberty Sirius XM Group Series A (NASDAQ:LSXMA) during the third quarter, HoldingsChannel.com reports. The fund purchased 5,151 shares of the technology company’s stock, valued at approximately $214,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in LSXMA. Atwater Malick LLC acquired a new stake in shares of Liberty Sirius XM Group Series A in the third quarter valued at approximately $29,000. CWM LLC raised its holdings in shares of Liberty Sirius XM Group Series A by 226.3% in the second quarter. CWM LLC now owns 757 shares of the technology company’s stock valued at $29,000 after purchasing an additional 525 shares during the last quarter. Captrust Financial Advisors raised its holdings in shares of Liberty Sirius XM Group Series A by 36.9% in the second quarter. Captrust Financial Advisors now owns 1,348 shares of the technology company’s stock valued at $51,000 after purchasing an additional 363 shares during the last quarter. Skandinaviska Enskilda Banken AB publ acquired a new stake in shares of Liberty Sirius XM Group Series A in the second quarter valued at approximately $106,000. Finally, Ladenburg Thalmann Financial Services Inc. raised its holdings in shares of Liberty Sirius XM Group Series A by 18.2% in the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,871 shares of the technology company’s stock valued at $109,000 after purchasing an additional 442 shares during the last quarter. 27.33% of the stock is currently owned by hedge funds and other institutional investors.

In related news, insider Albert E. Rosenthaler sold 3,398 shares of the business’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $28.22, for a total transaction of $95,891.56. Following the transaction, the insider now directly owns 9,990 shares in the company, valued at $281,917.80. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Brian J. Wendling sold 14,533 shares of the business’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $38.47, for a total transaction of $559,084.51.

A number of analysts have recently issued reports on the stock. Citigroup lifted their price objective on shares of Liberty Sirius XM Group Series A from $50.00 to $54.00 and gave the company a “buy” rating in a report on Monday, September 23rd. Pivotal Research reiterated a “buy” rating and issued a $67.00 price objective on shares of Liberty Sirius XM Group Series A in a report on Sunday, August 11th. Deutsche Bank lifted their price objective on shares of Liberty Sirius XM Group Series A from $62.00 to $67.00 and gave the company a “buy” rating in a report on Monday, August 19th. Benchmark initiated coverage on shares of Liberty Sirius XM Group Series A in a report on Wednesday, October 9th. They set a “buy” rating and a $60.00 target price on the stock. Finally, Zacks Investment Research downgraded shares of Liberty Sirius XM Group Series A from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 14th. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $58.20.

Shares of LSXMA opened at $43.32 on Friday. The company has a market cap of $13.76 billion, a price-to-earnings ratio of 21.55 and a beta of 1.19. Liberty Sirius XM Group Series A has a 1-year low of $34.92 and a 1-year high of $43.54. The company’s fifty day simple moving average is $41.57 and its 200 day simple moving average is $39.61. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 0.64.

Liberty Sirius XM Group Series A (NASDAQ:LSXMA) last issued its earnings results on Thursday, August 8th. The technology company reported $0.52 earnings per share for the quarter. The business had revenue of $1.98 billion for the quarter. Liberty Sirius XM Group Series A had a net margin of 8.06% and a return on equity of 2.40%.

Liberty Sirius XM Group Series A Profile

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.

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

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