Liberty SiriusXM Series A (LSXMA)

Market Cap: 7.39B

About: Liberty SiriusXM Group through its subsidiary holding is engaged in providing a subscription-based satellite radio service. It transmits music, sports, entertainment, comedy, talk, news, traffic, and weather channels, as well as infotainment services. The firm's segments include Sirius XM Holdings, Formula 1, and Braves Group. The company distributes its satellite radios through automakers and rental car companies, as well as through its retail locations and Website; and satellite radio services to various automaker customers. Geographically it offers services in the region of the US and UK.

Employees: 6,400

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

0% less capital invested

Capital invested by funds: $2.7B [Q4 2023] → $2.68B (-$12.3M) [Q1 2024]

3.49% less ownership

Funds ownership: 95.63% [Q4 2023] → 92.14% (-3.49%) [Q1 2024]

7% less funds holding

Funds holding: 283 [Q4 2023] → 264 (-19) [Q1 2024]

11% less call options, than puts

Call options by funds: $11M | Put options by funds: $12.4M

33% less funds holding in top 10

Funds holding in top 10: 12 [Q4 2023] → 8 (-4) [Q1 2024]

33% less repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 93

38% less first-time investments, than exits

New positions opened: 31 | Existing positions closed: 50

Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

• Low target: $27 19% upside
• Avg. target: $31 35% upside
• High target: $36 59% upside

4 analyst ratings

• positive: 2 50%
• neutral: 2 50%
• negative: 0 0%

Evercore ISI Group Vijay Jayant	19% upside $27	In-Line Downgraded	24 Jun 2024
Deutsche Bank Bryan Kraft	39% upside $31.5	Buy Maintained	17 Jun 2024
Seaport Global David Joyce	59% upside $36	Buy Upgraded	29 Apr 2024
Citigroup Jason Bazinet	24% upside $28	Neutral Downgraded	24 Apr 2024