Sirius XM Holdings Inc (SIRI) – key numbers that make it a Strong Buy For Now

Sirius XM Holdings Inc (NASDAQ: SIRI) is -8.04% lower on its value in year-to-date trading and has touched a low of $3.32 and a high of $7.95 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SIRI stock was last observed hovering at around $4.90 in the last trading session, with the day’s gains setting it 0.13%.

Currently trading at $5.03, the stock is -3.73% and -3.51% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.64 million and changing 2.65% at the moment leaves the stock 9.98% off its SMA200. SIRI registered 5.23% gain for a year compared to 6-month gain of 5.89%. The firm has a 50-day simple moving average (SMA 50) of $3.20 and a 200-day simple moving average (SMA200) of $11.28.

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The stock witnessed a -4.01% loss in the last 1 month and extending the period to 3 months gives it a 7.25%, and is -2.14% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.66% over the week and 3.15% over the month.

Sirius XM Holdings Inc (SIRI) has around Feb 08 2024 employees, a market worth around $19.33B and $8.95B in sales. Current P/E ratio is 15.50 and Fwd P/E is 15.92. Profit margin for the company is 14.05%. Distance from 52-week low is 51.51% and -36.73% from its 52-week high. The company has generated returns on investments over the last 12 months (19.60%).

Sirius XM Holdings Inc quarterly earnings per share for the current quarter are estimated at $0.07 with sales reaching $2.13B over the same period.The EPS is expected to shrink by -7.05% this year, but quarterly earnings will post -1.70% year-over-year. Quarterly sales are estimated to shrink -0.80% in year-over-year returns.

Sirius XM Holdings Inc (SIRI) Top Institutional Holders

824 institutions hold shares in Sirius XM Holdings Inc (SIRI), with institutional investors hold 75.54% of the company’s shares. The shares outstanding are 3.84B, and float is at 619.99M with Short Float at 26.82%. Institutions hold 12.01% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 61.3 million shares valued at $277.68 million. The investor’s holdings represent 1.60% of the SIRI Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 49.27 million shares valued at $223.18 million to account for 1.28% of the shares outstanding. The other top investors are State Street Corporation which holds 28.76 million shares representing 0.75% and valued at over $130.3 million, while Pacer Advisors, Inc. holds 0.63% of the shares totaling 24.34 million with a market value of $110.24 million.

Sirius XM Holdings Inc (SIRI) Insider Activity

A total of 20 insider transactions have happened at Sirius XM Holdings Inc (SIRI) in the last six months, with sales accounting for 1 and purchases happening 19 times. The most recent transaction is an insider sale by MEYER JAMES E,the company’sDirector. SEC filings show that MEYER JAMES E sold 800,000 shares of the company’s common stock on Feb 09 at a price of $4.92 per share for a total of $3.94 million. Following the sale, the insider now owns 1.09 million shares.

Sirius XM Holdings Inc disclosed in a document filed with the SEC on Aug 28 that Witz Jennifer C (CEO) bought a total of 250,000 shares of the company’s common stock. The trade occurred on Aug 28 and was made at $4.11 per share for $1.03 million. Following the transaction, the insider now directly holds 2.81 million shares of the SIRI stock.

Still, SEC filings show that on Jun 09, Hickenlooper Robin S (Director) disposed off 11,000 shares at an average price of $3.81 for $41910.0. The insider now directly holds 94,765 shares of Sirius XM Holdings Inc (SIRI).

Sirius XM Holdings Inc (SIRI): Who are the competitors?

The company’s main competitors (and peers) include Alphabet Inc. Cl C (GOOG) that is trading 56.56% up over the past 12 months. Alphabet Inc. Cl A (GOOGL) that is 55.93% higher over the same period.