In yesterday’s Wall Street session, Sirius XM Holdings Inc (NASDAQ:SIRI) shares traded at $25.81, down -0.50% from the previous session.
SIRI stock price is now 8.62% away from the 50-day moving average and -6.45% away from the 200-day moving average. The market capitalization of the company currently stands at $8.74B.
, while ‘JP Morgan’ rates the stock as ‘Underweight’
In other news, BERKSHIRE HATHAWAY INC, 10% Owner bought 840,000 shares of the company’s stock on Jan 31 ’25. The stock was bought for $19,838,448 at an average price of $23.62. Upon completion of the transaction, the 10% Owner now directly owns 119,059,714 shares in the company, valued at $3.07 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 30 ’25, 10% Owner BERKSHIRE HATHAWAY INC bought 751,141 shares of the business’s stock. A total of $17,118,729 was incurred on buying the stock at an average price of $22.79. This leaves the insider owning 118,219,714 shares of the company worth $3.05 billion. A total of 8.46% of the company’s stock is owned by insiders.
During the past 12 months, Sirius XM Holdings Inc has had a low of $20.47 and a high of $50.50. As of last week, the company has a debt-to-equity ratio of 0.94, a current ratio of 0.42, and a quick ratio of 0.42. The fifty day moving average price for SIRI is $23.7772 and a two-hundred day moving average price translates $27.61295 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 -18.25% and return on equity was -37.33% 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.
