Sirius XM Holdings Inc (NASDAQ: SIRI) is -6.54% lower on its value in year-to-date trading and has touched a low of $20.47 and a high of $55.40 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 $20.90 in the last trading session, with the day’s gains setting it 0.41%.
Currently trading at $21.31, the stock is -4.94% and -14.33% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.54 million and changing 1.96% at the moment leaves the stock -25.43% off its SMA200. SIRI registered -59.33% loss for a year compared to 6-month loss of -45.22%. The firm has a 50-day simple moving average (SMA 50) of $24.996 and a 200-day simple moving average (SMA200) of $28.66635.
The stock witnessed a -16.48% gain in the last 1 month and extending the period to 3 months gives it a -14.52%, and is -7.87% 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 3.67% over the week and 3.97% over the month.
Sirius XM Holdings Inc (SIRI) has around 5680 employees, a market worth around $7.23B and $8.80B in sales. Fwd P/E is 7.21. Profit margin for the company is -17.31%. Distance from 52-week low is 4.10% and -61.53% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.25%).
with sales reaching $2.17B over the same period.The EPS is expected to shrink by -293.55% this year, but quarterly earnings will post -3.02% year-over-year. Quarterly sales are estimated to shrink -5.12% in year-over-year returns.
Sirius XM Holdings Inc (SIRI) Top Institutional Holders
695.0 institutions hold shares in Sirius XM Holdings Inc (SIRI), with institutional investors hold 75.26% of the company’s shares. The shares outstanding are 339.00M, and float is at 335.35M with Short Float at 5.60%. Institutions hold 42.47% 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).
