The stock of Sirius XM Holdings Inc. (NASDAQ:SIRI) last traded at $23.42, up 1.30% from the previous session.
SIRI stock price is now -16.95% away from the 50-day moving average and -35.28% away from the 200-day moving average. The market capitalization of the company currently stands at $7.94B.
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On September 18, 2024, Guggenheim Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $30, while ‘Citigroup’ rates the stock as ‘Sell’
In other news, Greenstein Scott Andrew, Pres. & Chief Content Officer sold 1,447,238 shares of the company’s stock on Aug 08 ’24. The stock was sold for $4,578,482 at an average price of $3.16. Upon completion of the transaction, the Pres. & Chief Content Officer now directly owns 989,331 shares in the company, valued at $23.17 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 12 ’24, Director Salen Kristina sold 12,518 shares of the business’s stock. A total of $32,547 was realized by selling the stock at an average price of $2.60. This leaves the insider owning 169,309 shares of the company worth $3.97 million. A total of 0.97% 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. According to the stock market information, the enterprise value for the company is $18307551232, which is based on a 6.98 price-to-earnings ratio, a 0.70 price-to-earnings-growth ratio, and a beta of 1.06. The fifty day moving average price for SIRI is $28.2004 and a two-hundred day moving average price translates $36.1901 for the stock.
The latest earnings results from Sirius XM Holdings Inc. (NASDAQ: SIRI) was released for 2024-06-30. The company reported revenue of $2.18 billion for the quarter, compared to $2.25 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.2 percent.
