Sirius XM Holdings Inc (NASDAQ: SIRI) is -10.88% lower on its value in year-to-date trading and has touched a low of $18.69 and a high of $41.60 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 $20.16 in the last trading session, with the day’s gains setting it 0.16%.
Currently trading at $20.32, the stock is -4.37% and -11.86% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.01 million and changing 0.79% at the moment leaves the stock -22.52% off its SMA200. SIRI registered -33.59% loss for a year compared to 6-month loss of -25.02%. The firm has a 50-day simple moving average (SMA 50) of $23.0552 and a 200-day simple moving average (SMA200) of $26.22725.
The stock witnessed a -13.42% gain in the last 1 month and extending the period to 3 months gives it a -8.43%, and is -1.93% 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 2.50% over the week and 4.94% over the month.
Sirius XM Holdings Inc (SIRI) has around 5515 employees, a market worth around $6.88B and $8.70B in sales. Fwd P/E is 6.56. Profit margin for the company is -18.25%. Distance from 52-week low is 8.72% and -51.15% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.42%).
with sales reaching $2.08B over the same period.The EPS is expected to grow by 150.28% this year, but quarterly earnings will post -2.18% year-over-year. Quarterly sales are estimated to shrink -3.71% in year-over-year returns.
Sirius XM Holdings Inc (SIRI) Top Institutional Holders
712.0 institutions hold shares in Sirius XM Holdings Inc (SIRI), with institutional investors hold 72.49% of the company’s shares. The shares outstanding are 338.97M, and float is at 309.99M with Short Float at 8.89%. Institutions hold 40.58% 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 3.4532% 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 0.8055 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 28.07 million shares representing 0.7295% and valued at over $79.45 million, while MILLENNIUM MANAGEMENT LLC holds 0.4624 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).
