Group 1: Investment Behavior of Warren Buffett - Warren Buffett has sold more stocks than he bought in the last seven quarters, including a significant sale of approximately $75 billion in Apple stock and over $10 billion in Bank of America shares [1] - Buffett's typical buying behavior has changed, with no share buybacks in June and a potential first quarter without buybacks since mid-2018 [2] - Buffett has not purchased additional shares of Occidental Petroleum despite its stock price dropping to a two-year low, indicating a possible contentment with a 27.3% stake in the company [3][4] Group 2: Sirius XM Investment - Berkshire Hathaway has increased its stake in Sirius XM, acquiring $87 million worth of shares recently, and now owns over 30% of the total outstanding shares [4][5] - Sirius XM operates as the only satellite radio provider in the U.S., generating revenue primarily from subscriptions rather than advertising, with approximately 33 million paid subscribers and 7.4 million free-trial listeners [5][6] - The company benefits from lower music royalty rates compared to on-demand streaming services, leading to steadily rising operating profits despite a stagnating subscriber base [6] Group 3: Market Valuation and Opportunities - Sirius XM shares are currently trading at low valuations, with a price of just over 8 times analysts' estimates for 2025 earnings and an enterprise value of 6.8 times the forecasted 2024 EBITDA [6][7] - Buffett's recent purchase of Sirius XM reflects a broader warning about the current stock market, indicating a lack of attractive larger companies for investment [8] - Despite Buffett's cautious approach, there are numerous opportunities in small- and mid-cap stocks for everyday investors [8]

Group 1: Investment Trends of Warren Buffett - Warren Buffett has shifted to being a net seller of stocks over the last two years, overseeing close to $132 billion in net stock sales between October 1, 2022, and June 30, 2024 [2][3] - A significant portion of the selling activity involved offloading over 500 million shares of Apple and more than $10 billion worth of Bank of America stock [2][3] - Despite this selling trend, Buffett has identified and invested in a historically cheap value stock, Sirius XM Holdings, increasing Berkshire Hathaway's stake to 32.1% [6][10] Group 2: Sirius XM Holdings Overview - Sirius XM is characterized as one of America's few publicly traded legal monopolies, providing it with significant pricing power [7][10] - The company generates 77% of its net sales from subscriptions, contrasting with traditional radio operators that rely heavily on advertising revenue [8] - Sirius XM has a stable cost structure, with predictable transmission and equipment costs, which should lead to margin expansion over time [9] Group 3: Financial Performance and Valuation - Sirius XM's stock was purchased at a valuation of just 7 times forward-year earnings, the lowest since it became public 30 years ago [10] - The company has a robust capital-return program, including a $1.17 billion share repurchase authorization and a dividend yield of 3.9% [9][10] - The current economic environment poses challenges for Sirius XM, particularly with declining satellite-radio subscribers, but its subscription model offers more consistent cash flow compared to traditional radio [7][8]

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style S ...

Group 1: Sirius XM Company Overview - Sirius XM shares increased by 7.9% to close at $26.90, with notable trading volume compared to typical sessions [1] - Berkshire Hathaway raised its stake in Sirius XM by purchasing approximately 3.6 million shares for about $87 million, now owning 32% of the company [1] - The upcoming quarterly earnings report is expected to show earnings of $0.83 per share, a year-over-year decrease of 7.8%, with revenues projected at $2.19 billion, down 3.4% from the previous year [1] Group 2: Earnings Estimates and Market Position - The consensus EPS estimate for Sirius XM has been revised 6.2% higher in the last 30 days, indicating a positive trend that may lead to price appreciation [2] - Sirius XM holds a Zacks Rank of 1 (Strong Buy), suggesting strong market confidence in the stock [2] - The company is part of the Zacks Broadcast Radio and Television industry, which includes Townsquare Media, another stock in the same sector that closed 1.1% higher at $10.56 [2] Group 3: Townsquare Media Overview - Townsquare Media's consensus EPS estimate remains unchanged at $0.35, reflecting a year-over-year change of -23.9% [3] - Townsquare Media currently has a Zacks Rank of 3 (Hold), indicating a neutral outlook [3]

Sirius XM (NASDAQ: SIRI ) is going to report its Q3 earnings at the end of this month, so I thought I'd look at what you can expect and give some comments on what I would like to see going forward. The MSc in Finance. Long-term horizon investor mostly with 5-10 year horizon. I like to keep investing simple. I believe a portfolio should consist of a mix of growth, value, and dividend-paying stocks but usually end up looking for value more than anything. I also sell options from time to time. Analyst's Disclo ...

Core Viewpoint - Sirius XM Holdings stock remains undervalued with a price-to-free-cash-flow ratio of 10 and a dividend yield of approximately 4.3% [1] - Berkshire Hathaway has increased its stake in Sirius, indicating confidence in the company's future [2] Group 1: Stock Performance and Valuation - Sirius shares have appreciated by 8.1% following Berkshire Hathaway's announcement of increased holdings [1] - The stock has gained nearly 20% over the past month, yet it still trades at a low P/E ratio of 7, with projected earnings growth of 12% annually over the next five years [3] - The enterprise value-to-free-cash-flow ratio stands at 15, suggesting that despite high debt levels, the company generates sufficient cash flow [3] Group 2: Berkshire Hathaway's Investment - Berkshire Hathaway purchased 3.6 million additional shares of Sirius from October 9 to October 11, raising its total stake to 108.7 million shares, which is 32% of all outstanding shares [2] - Directly, Berkshire owns about 6.6% of Sirius shares, while a subsidiary holds an additional 25.5% [2]

Shares of Sirius XM (SIRI) have gained 1.7% over the past four weeks to close the last trading session at $24.93, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $31.38 indicates a potential upside of 25.9%.The average comprises 13 short-term price targets ranging from a low of $20 to a high of $49, with a standard deviation of $9.87. While the lowest estimate indicates a declin ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Sc ...

SIRI is sharply lower in 2024 but Warren Buffett keeps upping his stake, per SEC filingsSirius XM Holdings Inc (NASDAQ:SIRI) stock is up 6.4% to trade at $26.47 today, one of the better stocks on the Nasdaq today. In a SEC filing, Warren Buffett's Berkshire Hathaway (BRK) revealed an increased stake in the satellite broadcaster. Last week, Buffett purchased 3.6 million shares of SIRI, bringing Berkshire's total holdings to 108 million. Sirius XM needed it. The stock is down 51% in 2024 and fell to a 12-year ...

Group 1 - Sirius XM Holdings experienced a stock price movement reaching $23.01 with a percentage change of 1.23% following strategic decisions including a reverse stock split and spinoff from Liberty Media [1] - The company completed a 1-for-10 reverse stock split to boost share price and reduce outstanding shares by 12%, initially raising stock value but subsequently declining over four sessions due to mixed analyst outlooks and competition from streaming services like Spotify [1][2] - Sirius XM maintains a financial outlook with expected revenue of $8.75 billion and adjusted EBITDA of $2.7 billion for the year, while adjusting its free cash flow target from $1.2 billion to $1 billion [2] Group 2 - The company has a price-to-earnings (PE) ratio of 6.97, close to its 10-year low, with a GF Value estimated at $54.56 indicating potential undervaluation [2] - Sirius XM's Altman Z-Score of 1.31 suggests financial distress, but it has a high Piotroski F-Score of 8 indicating a robust financial situation [2] - The stock's dividend yield is nearing a 10-year high, providing an attractive income opportunity for dividend-seeking investors [3] Group 3 - Sirius XM has a market cap of $7.8 billion and an enterprise value of $17 billion, indicating significant size and scope within the media-entertainment sector [3] - The company’s strategic moves require careful scrutiny to assess their long-term impact on financial health and market position as it navigates a competitive landscape [3]