Sirius XM Holdings Inc (NASDAQ:SIRI) shares traded 2.22% higher at $25.77 on Wall Street last session.
SIRI stock price is now 1.16% away from the 50-day moving average and -19.15% away from the 200-day moving average. The market capitalization of the company currently stands at $8.74B.
, while ‘Morgan Stanley’ rates the stock as ‘Underweight’
In other news, BERKSHIRE HATHAWAY INC, 10% Owner bought 925,205 shares of the company’s stock on Oct 30 ’24. The stock was bought for $25,391,326 at an average price of $27.44. Upon completion of the transaction, the 10% Owner now directly owns 111,825,522 shares in the company, valued at $2.88 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 31 ’24, 10% Owner BERKSHIRE HATHAWAY INC bought 679,207 shares of the business’s stock. A total of $18,060,997 was incurred on buying the stock at an average price of $26.59. This leaves the insider owning 112,504,729 shares of the company worth $2.9 billion. A total of 1.10% of the company’s stock is owned by insiders.
During the past 12 months, Sirius XM Holdings Inc has had a low of $22.18 and a high of $57.80. As of last week, the company has a debt-to-equity ratio of 0.99, a current ratio of 0.37, and a quick ratio of 0.37. The fifty day moving average price for SIRI is $25.4706 and a two-hundred day moving average price translates $31.9981 for the stock.
The latest earnings results from Sirius XM Holdings Inc (NASDAQ: SIRI) was released for 2024-09-30. The net profit margin was -17.31% and return on equity was -38.24% for SIRI. The company reported revenue of $2.17 billion for the quarter, compared to $2.27 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -4.4 percent.
