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Will Sirius XM Holdings Inc (SIRI) benefit from Wall Street bulls Calls?

Sirius XM Holdings Inc (NASDAQ: SIRI) is -32.18% lower on its value in year-to-date trading and has touched a low of $2.45 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 $3.53 in the last trading session, with the day’s gains setting it 0.18%.

Currently trading at $3.71, the stock is 34.99% and 28.71% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 120.4 million and changing 5.10% at the moment leaves the stock -10.83% off its SMA200. SIRI registered -18.64% loss for a year compared to 6-month loss of -31.80%.

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The stock witnessed a 43.24% gain in the last 1 month and extending the period to 3 months gives it a 4.51%, and is 35.90% up 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 9.63% over the week and 5.60% over the month.

Sirius XM Holdings Inc (SIRI) has around 5680 employees, a market worth around $14.27B and $8.97B in sales. Current P/E ratio is 11.12 and Fwd P/E is 11.63. Profit margin for the company is 14.38%. Distance from 52-week low is 51.43% and -53.33% from its 52-week high. The company has generated returns on investments over the last 12 months (19.38%).

The EPS is expected to shrink by -6.09% this year.

Sirius XM Holdings Inc (SIRI) Top Institutional Holders

The shares outstanding are 3.84B, and float is at 628.08M with Short Float at 24.42%.

Sirius XM Holdings Inc (SIRI) Insider Activity

The most recent transaction is an insider sale by Salen Kristina,the company’sDirector. SEC filings show that Salen Kristina sold 12,518 shares of the company’s common stock on Jun 12 ’24 at a price of $2.60 per share for a total of $32547.0. Following the sale, the insider now owns 0.17 million shares.

Sirius XM Holdings Inc disclosed in a document filed with the SEC on Jun 05 ’24 that Salen Kristina (Director) sold a total of 12,518 shares of the company’s common stock. The trade occurred on Jun 05 ’24 and was made at $2.62 per share for $32797.0. Following the transaction, the insider now directly holds 0.18 million shares of the SIRI stock.

Still, SEC filings show that on Feb 13 ’24, Inzerillo Joseph A (Chief Product & Tech. Officer) disposed off 107,611 shares at an average price of $4.90 for $0.53 million. The insider now directly holds 746,816 shares of Sirius XM Holdings Inc (SIRI).

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