Liberty SiriusXM Series CLSXMK
Market Cap: $7.37B
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 Q2 SEC filings by fund managers ($100M+ AUM)
0.15% more ownership
Funds ownership: 84.45% [Q1] → 84.6% (+0.15%) [Q2]
12% less funds holding
Funds holding: 382 [Q1] → 337 (-45) [Q2]
13% less funds holding in top 10
Funds holding in top 10: 16 [Q1] → 14 (-2) [Q2]
17% less call options, than puts
Call options by funds: $46.5M | Put options by funds: $56.1M
25% less capital invested
Capital invested by funds: $5.48B [Q1] → $4.1B (-$1.38B) [Q2]
35% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 127
46% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 97
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Rosenblatt Barton Crockett 56% 1-year accuracy 31 / 55 met price target | 24%upside $28 | Buy Maintained | 14 Aug 2024 |