In Thursday’s Wall Street session, Sirius XM Holdings Inc (NASDAQ:SIRI) shares traded at $19.50, down -8.96% from the previous session.
SIRI stock price is now -12.82% away from the 50-day moving average and -24.16% away from the 200-day moving average. The market capitalization of the company currently stands at $6.60B.
With the price target maintained at $27, Seaport Research Partners recently Upgraded its rating from Neutral to Buy for Sirius XM Holdings Inc (NASDAQ: SIRI). , while ‘BofA Securities’ rates the stock as ‘Underperform’
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 $2.32 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 $2.31 billion. A total of 8.50% of the company’s stock is owned by insiders.
During the past 12 months, Sirius XM Holdings Inc has had a low of $18.69 and a high of $41.60. 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 $22.3672 and a two-hundred day moving average price translates $25.71415 for the stock.
The latest earnings results from Sirius XM Holdings Inc (NASDAQ: SIRI) was released for 2024-12-31. 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. For the current quarter, analysts expect SIRI to generate $2.12B in revenue.
