Liberty SiriusXM Group Director Larry Romrell Sells 21,478 Shares

Article's Main Image

On December 19, 2023, Larry Romrell, a director at Liberty SiriusXM Group, executed a sale of 21,478 shares of the company's stock, as reported in a recent SEC Filing. The insider has been active in the market over the past year, with a total of 21,478 shares sold and no shares purchased.

Liberty SiriusXM Group, traded under the ticker LSXMA, is a part of the conglomerate Liberty Media Corporation. The group primarily operates in the media, communications, and entertainment industries, with its most notable asset being its ownership stake in SiriusXM, a satellite radio service provider.

The insider transaction history for Liberty SiriusXM Group indicates a trend of more insider sales than purchases over the past year. Specifically, there have been 17 insider sales and only 2 insider buys during this period.

1738530264151289856.png

On the valuation front, Liberty SiriusXM Group's shares were priced at $27.97 on the day of the insider's transaction. The company's market cap stood at $9.399 billion. The price-earnings ratio of the stock is 11.36, which is below both the industry median of 17.765 and the company's historical median price-earnings ratio.

According to the GF Value, with a share price of $27.97 and a GuruFocus Value of $25.22, Liberty SiriusXM Group's price-to-GF-Value ratio is 1.11, indicating that the stock is considered to be Modestly Overvalued.

1738530285391245312.png

The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.