Sirius XM Holdings Inc (NASDAQ: SIRI) is -50.00% lower on its value in year-to-date trading and has touched a low of $22.18 and a high of $57.80 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 $27.51 in the last trading session, with the day’s loss setting it -0.16%.
Currently trading at $27.35, the stock is 3.67% and 5.83% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.38 million and changing -0.58% at the moment leaves the stock -12.07% off its SMA200. SIRI registered -43.95% loss for a year compared to 6-month gain of 5.60%. The firm has a 50-day simple moving average (SMA 50) of $25.8088 and a 200-day simple moving average (SMA200) of $31.21005.
The stock witnessed a -1.08% loss in the last 1 month and extending the period to 3 months gives it a -6.66%, and is 2.43% 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 3.17% over the week and 3.91% over the month.
Sirius XM Holdings Inc (SIRI) has around 5680 employees, a market worth around $9.28B and $8.80B in sales. Fwd P/E is 8.60. Profit margin for the company is -17.31%. Distance from 52-week low is 23.31% and -52.68% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.25%).
The EPS is expected to shrink by -295.18% this year.
Sirius XM Holdings Inc (SIRI) Top Institutional Holders
693.0 institutions hold shares in Sirius XM Holdings Inc (SIRI), with institutional investors hold 73.28% of the company’s shares. The shares outstanding are 339.00M, and float is at 335.33M with Short Float at 5.85%. Institutions hold 42.44% 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
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Sirius XM Holdings Inc disclosed in a document filed with the SEC on Oct 30 ’24 that BERKSHIRE HATHAWAY INC (10% Owner) bought a total of 925,205 shares of the company’s common stock. The trade occurred on Oct 30 ’24 and was made at $27.44 per share for $25.39 million. Following the transaction, the insider now directly holds 111.83 million shares of the SIRI stock.
Still, SEC filings show that on Oct 31 ’24, BERKSHIRE HATHAWAY INC (10% Owner) acquired 679,207 shares at an average price of $26.59 for $18.06 million. The insider now directly holds 112,504,729 shares of Sirius XM Holdings Inc (SIRI).
