The price of Sirius XM Holdings Inc. (NASDAQ:SIRI) shares last traded on Wall Street fell -0.94% to $27.39.
SIRI stock price is now 2.58% away from the 50-day moving average and -19.40% away from the 200-day moving average. The market capitalization of the company currently stands at $9.29B.
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, while ‘Morgan Stanley’ rates the stock as ‘Underweight’
In other news, BERKSHIRE HATHAWAY INC, 10% Owner bought 1,040,000 shares of the company’s stock on Oct 17 ’24. The stock was bought for $28,094,248 at an average price of $27.01. Upon completion of the transaction, the 10% Owner now directly owns 110,101,221 shares in the company, valued at $3.02 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 16 ’24, 10% Owner BERKSHIRE HATHAWAY INC bought 342,133 shares of the business’s stock. A total of $9,233,143 was incurred on buying the stock at an average price of $26.99. This leaves the insider owning 109,061,221 shares of the company worth $2.99 billion. A total of 1.10% 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 $19836145664, which is based on a 8.16 price-to-earnings ratio, a 0.82 price-to-earnings-growth ratio, and a beta of 1.06. The fifty day moving average price for SIRI is $26.7012 and a two-hundred day moving average price translates $33.9838 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.
