Sirius XM Holdings Inc (NASDAQ: SIRI) is -43.14% lower on its value in year-to-date trading and has touched a low of $2.45 and a high of $5.78 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 $3.20 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $3.11, the stock is -1.48% and -3.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 17.45 million and changing -2.81% at the moment leaves the stock -21.80% off its SMA200. SIRI registered -22.44% loss for a year compared to 6-month loss of -34.25%.
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The stock witnessed a -16.40% gain in the last 1 month and extending the period to 3 months gives it a 13.09%, and is 2.30% 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 7.98% over the week and 5.82% over the month.
Sirius XM Holdings Inc (SIRI) has around 5680 employees, a market worth around $11.97B and $8.90B in sales. Current P/E ratio is 9.27 and Fwd P/E is 9.57. Profit margin for the company is 14.56%. Distance from 52-week low is 26.94% and -46.19% from its 52-week high. The company has generated returns on investments over the last 12 months (17.93%).
with sales reaching $2.19B over the same period.The EPS is expected to shrink by -5.18% this year, but quarterly earnings will post -2.30% year-over-year.
Sirius XM Holdings Inc (SIRI) Top Institutional Holders
749.0 institutions hold shares in Sirius XM Holdings Inc (SIRI), with institutional investors hold 65.26% of the company’s shares. The shares outstanding are 3.84B, and float is at 630.15M with Short Float at 22.21%. Institutions hold 8.44% of the Float.
The top institutional shareholder in the company is BERKSHIRE HATHAWAY INC with over 132.88 million shares valued at $376.05 million. The investor’s holdings represent 3.4558% of the SIRI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 31.0 million shares valued at $87.72 million to account for 0.8062 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 28.07 million shares representing 0.7301% and valued at over $79.45 million, while MILLENNIUM MANAGEMENT LLC holds 0.4628 of the shares totaling 17.79 million with a market value of $50.36 million.
Sirius XM Holdings Inc (SIRI) Insider Activity
The most recent transaction is an insider sale by Greenstein Scott Andrew, the company’s Pres. & Chief Content Officer. SEC filings show that Greenstein Scott Andrew sold 1,447,238 shares of the company’s common stock on Aug 08 ’24 at a price of $3.16 per share for a total of $4.58 million. Following the sale, the insider now owns 0.99 million shares.
Sirius XM Holdings Inc disclosed in a document filed with the SEC on Jun 12 ’24 that Salen Kristina (Director) sold a total of 12,518 shares of the company’s common stock. The trade occurred on Jun 12 ’24 and was made at $2.60 per share for $32547.0. Following the transaction, the insider now directly holds 0.17 million shares of the SIRI stock.
Still, SEC filings show that on Jun 05 ’24, Salen Kristina (Director) disposed off 12,518 shares at an average price of $2.62 for $32797.0. The insider now directly holds 181,827 shares of Sirius XM Holdings Inc (SIRI).
