Sirius XM Holdings Inc (NASDAQ:SIRI) shares traded 2.24% higher at $23.75 on Wall Street last session.
SIRI stock price is now 0.70% away from the 50-day moving average and -12.48% away from the 200-day moving average. The market capitalization of the company currently stands at $8.05B.
, 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 $2.83 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 $2.81 billion. A total of 8.48% 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 $42.50. 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 net profit margin was -18.25% and return on equity was -37.33% for SIRI. The company reported revenue of $2.19 billion for the quarter, compared to $2.29 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -4.37 percent.
