Liberty SiriusXM Group (NASDAQ:LSXMA), a subsidiary holding company engaged in providing a subscription-based satellite radio service, is currently under the financial microscope. With an outstanding share count of 326.58 million, institutional ownership stands at 25.55 million shares, making up 7.83% of the total shares. Meanwhile, insiders hold 17.32 million shares, accounting for 5.3% of the total share count. This article delves into the stock’s recent performance, institutional and insider ownership, and future prospects.
Over the past week, Liberty SiriusXM Group has experienced a decline of about 4.12% in its stock value. However, as of Oct 13, 2023, the stock rose by 0.77%, contrasting with its three-month return of 3.69%. The company’s market cap has seen a rise to $7.87 billion in the most recent quarter from…
