LSXMK Stock Recent News

Buffett trimmed Berkshire's position in Apple and completely cut its stake in Paramount Global. He made a few small stock purchases last quarter, but sold far more than he purchased.

The Liberty SiriusXM Group (NASDAQ:LSXMK ) Q1 2024 Earnings Conference Call May 8, 2024 10:00 AM ET Company Participants Clare Adams - Senior Manager of Investor Relations Gregory Maffei - President and Chief Executive Officer Brian Wendling - Chief Accounting Officer and Principal Financial Officer Stefano Domenicali - President and Chief Executive Officer of Formula One Derek Schiller - President and Chief Executive Officer of Atlanta Braves Renee Wilm - Chief Legal Officer and Chief Administrative Officer Conference Call Participants Vijay Jayant - Evercore ISI Jeffrey Wlodarczak - Pivotal Research Group David Karnovsky - JPMorgan Chase & Co. Benjamin Swinburne - Morgan Stanley Stephen Laszczyk - Goldman Sachs Barton Crockett - Rosenblatt Securities Bryan Kraft - Deutsche Bank David Joyce - Seaport Research Partners Matthew Harrigan - Benchmark Company Operator Welcome to the Liberty Media Corporation's 2024 First Quarter Earnings Call. During the presentation, all participants will

Formula One (F1) owner Liberty Media (FWONK) is expanding its reach into motorsports by purchasing Dorna Sports, the owner of the rights to the MotoGP World Championship.

Yet again, the Oracle of Omaha has bolstered his stake in a media giant's tracking stocks.

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 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 (LSXMK) 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.