Liberty Sirius XM Group Series A (NASDAQ:LSXMA) Price Target Raised to $37.00

Liberty Sirius XM Group Series A (NASDAQ:LSXMA) had its target price increased by Credit Suisse Group from $33.00 to $37.00 in a research report sent to investors on Tuesday morning, AnalystRatings.com reports. They currently have a neutral rating on the technology company’s stock.

Separately, Benchmark upped their price target on Liberty Sirius XM Group Series A from $47.00 to $50.00 and gave the stock a buy rating in a research note on Tuesday. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of Hold and an average target price of $48.83.

NASDAQ LSXMA traded down $0.12 on Tuesday, reaching $35.94. The stock had a trading volume of 9,224 shares, compared to its average volume of 1,035,228. The business has a 50 day moving average price of $34.74 and a 200 day moving average price of $36.85. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.67. Liberty Sirius XM Group Series A has a 1 year low of $22.54 and a 1 year high of $51.11. The company has a market capitalization of $11.61 billion, a price-to-earnings ratio of 18.84 and a beta of 1.26.

In related news, insider Albert E. Rosenthaler sold 1,900 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $35.76, for a total transaction of $67,944.00. Also, major shareholder John C. Malone sold 500,000 shares of the stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $36.21, for a total value of $18,105,000.00. In the last quarter, insiders have sold 502,930 shares of company stock valued at $18,209,612.

Large investors have recently made changes to their positions in the stock. Nissay Asset Management Corp Japan ADV raised its holdings in Liberty Sirius XM Group Series A by 3.9% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 8,696 shares of the technology company’s stock valued at $276,000 after acquiring an additional 329 shares in the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its holdings in Liberty Sirius XM Group Series A by 15.1% in the 2nd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 3,045 shares of the technology company’s stock valued at $105,000 after acquiring an additional 400 shares in the last quarter. Bank of Montreal Can raised its holdings in Liberty Sirius XM Group Series A by 10.3% in the 2nd quarter. Bank of Montreal Can now owns 4,404 shares of the technology company’s stock valued at $149,000 after acquiring an additional 411 shares in the last quarter. Pictet Asset Management Ltd. raised its holdings in Liberty Sirius XM Group Series A by 1.9% in the 1st quarter. Pictet Asset Management Ltd. now owns 31,891 shares of the technology company’s stock valued at $1,011,000 after acquiring an additional 600 shares in the last quarter. Finally, Creative Planning raised its holdings in Liberty Sirius XM Group Series A by 7.7% in the 2nd quarter. Creative Planning now owns 9,113 shares of the technology company’s stock valued at $315,000 after acquiring an additional 651 shares in the last quarter. Hedge funds and other institutional investors own 28.82% of the company’s stock.

Liberty Sirius XM Group Series A Company 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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Analyst Recommendations for Liberty Sirius XM Group Series A (NASDAQ:LSXMA)

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