LSXMA Stock Recent News

Warren Buffett has been busy during a relatively quiet week, as he has been bulking up his stake on Liberty SiriusXM tracking stocks.

Warren Buffett, the well-known investor and Chairman of Berkshire Hathaway (NYSE: BRKA, BRKB), has expanded the company's already extensive portfolio by purchasing shares in the Liberty SiriusXM Group (NASDAQ: LSXMA).

Warren Buffett is known as being a patient investor. But is he too patient with five stocks, including some in the S&P 500?

Sirius XM stock is moving lower for the fifth year in a row, but that trend could reverse. Revenue growth may have stalled, but the catalysts are there for it to return to growth in 2024.

Overall, the number of notable insider purchases may have dwindled with the earnings-reporting season in full swing, but there were still some huge, headline-making buys in the past week or so.

The number of notable insider purchases in mid-January may have been somewhat small, but a couple from the Oracle of Omaha made headlines.

Liberty Media CEO Greg Maffei joins 'Squawk on the Street' to discuss the company's investor day, the company's ownership stake in Formula 1, Atlanta Braves, media acquisitions, TV rights, and more.

Liberty Media stock was up as much as 11% in Tuesday's early deals as the conglomerate launched a proposal to clean-up the ownership with SiriusXM. Liberty SiriusXM, a vehicle holding Liberty's 38% stake in SiriusXM, would be combined with the remainder of the SiriusXM equity into a new unit.

Liberty Media Corporation (LSXMA) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.99 per share. This compares to earnings of $1.24 per share a year ago.

Liberty Media (NASDAQ:LINTA) Corporation is scheduled to report earnings Friday morning before the bell, the company's last full quarter before spinning off Atlanta Braves Holdings in July.  This includes Liberty's Formula One and Sirius XM groups.