Sirius XM Holdings Inc (NASDAQ: SIRI) is -0.44% lower on its value in year-to-date trading and has touched a low of $20.47 and a high of $42.20 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 $24.39 in the last trading session, with the day’s loss setting it -1.69%.
Currently trading at $22.70, the stock is -8.41% and -3.96% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.07 million and changing -6.93% at the moment leaves the stock -16.09% off its SMA200. SIRI registered -45.69% loss for a year compared to 6-month loss of -16.85%.
The stock witnessed a -10.77% gain in the last 1 month and extending the period to 3 months gives it a -16.14%, and is -4.02% 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 6.28% over the week and 4.30% over the month.
Sirius XM Holdings Inc (SIRI) has around 5515 employees, a market worth around $7.69B and $8.70B in sales. Fwd P/E is 7.24. Profit margin for the company is -18.25%. Distance from 52-week low is 10.89% and -46.21% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.42%).
with sales reaching $2.09B over the same period.The EPS is expected to grow by 150.44% this year, but quarterly earnings will post -1.99% year-over-year. Quarterly sales are estimated to shrink -3.56% in year-over-year returns.
Sirius XM Holdings Inc (SIRI) Top Institutional Holders
The shares outstanding are 338.97M, and float is at 310.03M with Short Float at 7.33%.
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 3.4532% 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 840,000 shares of the company’s common stock on Jan 31 ’25 at a price of $23.62 per share for a total of $19.84 million. Following the purchase, the insider now owns 119.06 million shares.
Sirius XM Holdings Inc disclosed in a document filed with the SEC on Jan 30 ’25 that BERKSHIRE HATHAWAY INC (10% Owner) bought a total of 751,141 shares of the company’s common stock. The trade occurred on Jan 30 ’25 and was made at $22.79 per share for $17.12 million. Following the transaction, the insider now directly holds 118.22 million shares of the SIRI stock.
Still, SEC filings show that on Feb 03 ’25, BERKSHIRE HATHAWAY INC (10% Owner) acquired 716,978 shares at an average price of $23.71 for $17.0 million. The insider now directly holds 119,776,692 shares of Sirius XM Holdings Inc (SIRI).
