Sirius XM Holdings Inc (NASDAQ: SIRI) is -57.11% lower on its value in year-to-date trading and has touched a low of $20.47 and a high of $56.80 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 $23.26 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $23.40, the stock is -6.99% and -10.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.32 million and changing 0.60% at the moment leaves the stock -21.01% off its SMA200. SIRI registered -57.11% loss for a year compared to 6-month loss of -13.11%. The firm has a 50-day simple moving average (SMA 50) of $26.0966 and a 200-day simple moving average (SMA200) of $29.71615.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -10.53% gain in the last 1 month and extending the period to 3 months gives it a -2.74%, and is 5.01% 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 5.54% over the week and 4.66% over the month.
Sirius XM Holdings Inc (SIRI) has around 5680 employees, a market worth around $7.99B and $8.80B in sales. Fwd P/E is 7.92. Profit margin for the company is -17.31%. Distance from 52-week low is 14.31% and -58.80% 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 -293.53% this year
691.0 institutions hold shares in Sirius XM Holdings Inc (SIRI), with institutional investors hold 75.07% of the company’s shares. The shares outstanding are 339.00M, and float is at 335.33M with Short Float at 5.76%. Institutions hold 42.37% 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 purchase by BERKSHIRE HATHAWAY INC, the company’s 10% Owner. SEC filings show that BERKSHIRE HATHAWAY INC bought 2,069,377 shares of the company’s common stock on Dec 19 ’24 at a price of $20.86 per share for a total of $43.16 million. Following the purchase, the insider now owns 117.47 million shares.
Sirius XM Holdings Inc disclosed in a document filed with the SEC on Dec 18 ’24 that BERKSHIRE HATHAWAY INC (10% Owner) bought a total of 1,454,467 shares of the company’s common stock. The trade occurred on Dec 18 ’24 and was made at $22.15 per share for $32.21 million. Following the transaction, the insider now directly holds 115.4 million shares of the SIRI stock.
Still, SEC filings show that on Dec 17 ’24, BERKSHIRE HATHAWAY INC (10% Owner) acquired 1,440,000 shares at an average price of $22.13 for $31.86 million. The insider now directly holds 113,944,729 shares of Sirius XM Holdings Inc (SIRI).
