The price of Sirius XM Holdings Inc (NASDAQ:SIRI) shares last traded on Wall Street rose 3.63% to $3.14.
SIRI stock price is now -11.60% away from the 50-day moving average and -29.74% away from the 200-day moving average. The market capitalization of the company currently stands at $12.08B.
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With the price target reduced from $3.50 to $3.25, Goldman Upgraded its rating from Sell to Neutral for Sirius XM Holdings Inc (NASDAQ: SIRI). On April 29, 2024, Seaport Research Partners Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $4.30, while ‘Pivotal Research Group’ rates the stock as ‘Buy’
In other news, Inzerillo Joseph A, Chief Product & Tech. Officer sold 107,611 shares of the company’s stock on Feb 13 ’24. The stock was sold for $527,294 at an average price of $4.90. Upon completion of the transaction, the Chief Product & Tech. Officer now directly owns 746,816 shares in the company, valued at $2.35 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 09 ’24, Director MEYER JAMES E sold 800,000 shares of the business’s stock. A total of $3,935,920 was realized by selling the stock at an average price of $4.92. This leaves the insider owning 1,091,472 shares of the company worth $3.43 million. A total of 83.74% of the company’s stock is owned by insiders.
During the past 12 months, Sirius XM Holdings Inc has had a low of $2.92 and a high of $7.95.
According to the Entertainment Company, earnings per share came in at 0.08, beating analysts’ expectations of 0.07 by 0.01. This compares to $0.06 EPS in the same period last year. The company reported revenue of $2.16 billion for the quarter, compared to $2.14 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.84 percent. For the current quarter, analysts expect SIRI to generate $2.2B in revenue.
