Sirius XM(SIRI)
Search documents
Warren Buffett Is Buying Shares of This Legal Monopoly Hand Over Fist
The Motley Fool· 2024-10-16 08:51
Despite being a net seller of stocks for the last two years, the Oracle of Omaha has unearthed one historically cheap value stock he can't stop buying.When billionaire Warren Buffett speaks, Wall Street tends to pay very close attention. In his nearly six decades as CEO of Berkshire Hathaway (BRK.A 1.26%) (BRK.B 0.59%), he's overseen close to a 5,600,000% cumulative return in his company's Class A shares (BRK.A). Few money managers have been able to consistently outpace the benchmark S&P 500 (^GSPC -0.76%) ...
Here's Why Sirius XM (SIRI) is a Strong Momentum Stock
ZACKS· 2024-10-15 14:50
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 ...
Strength Seen in Sirius XM (SIRI): Can Its 7.9% Jump Turn into More Strength?
ZACKS· 2024-10-15 09:46
Sirius XM (SIRI) shares rallied 7.9% in the last trading session to close at $26.90. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 1.7% gain over the past four weeks.SiriusXM shares rallied Monday after Warren Buffett’s Berkshire Hathaway raised its stake in the satellite radio company. Berkshire Hathaway purchased roughly 3.6 million shares for about $87 million in separate transactions, now owning 32% of ...
Sirius XM Earnings: I Don't See A Turnaround Yet
Seeking Alpha· 2024-10-15 08:52
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 ...
Why Sirius XM Stock Just Jumped 8%
The Motley Fool· 2024-10-14 16:43
Sirius stock looked cheap a month ago, and it still does today.I argued last month that given a price-to-free-cash-flow ratio of 10, "dividend payments at about 4.3% annually," and plans "to buy back $1.2 billion in stock ... the case for buying Sirius XM Holdings (SIRI 8.70%) stock is only getting stronger."Turns out, someone was listening.Shares of Sirius stock gained 8.1% through 10:45 a.m. ET Monday after Warren Buffett investment vehicle Berkshire Hathaway (BRK.A 0.15%) (BRK.B 0.26%) revealed in an SEC ...
Wall Street Analysts Think Sirius XM (SIRI) Could Surge 25.87%: Read This Before Placing a Bet
ZACKS· 2024-10-14 14:56
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 ...
Here's Why Sirius XM (SIRI) is a Strong Value Stock
ZACKS· 2024-10-14 14:40
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 ...
Struggling Sirius XM Stock Gets Berkshire, Buffett Boost
Schaeffers Investment Research· 2024-10-14 14:29
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 ...
SIRI Stock Movement: Impact of Reverse Split and Liberty Media Spinoff
Gurufocus· 2024-10-07 20:26
Sirius XM Holdings (SIRI, Financial) experienced a stock movement today, with its price reaching $23.01 and seeing a percentage change of 1.23%. This movement comes shortly after the company's recent strategic decisions, including a reverse stock split and spinoff from Liberty Media, which have kept investors on edge.Last month, Sirius XM Holdings (SIRI, Financial) completed a 1-for-10 reverse split as part of its restructuring post-spinoff from Liberty Media, aiming to boost its share price and reduce outs ...
Why SiriusXM Radio Stock Lost 28% in September
The Motley Fool· 2024-10-07 20:05
A reverse stock split couldn't save the satellite radio stock.Shares of Sirius XM Holdings (SIRI 1.58%) were heading lower last month as investors seemed to balk at its reverse split after it was spun off from Liberty Media.Some Wall Street analysts also weighed in with mixed commentary on the stock. According to data from S&P Global Market Intelligence, the stock finished September down 28%.As you can see from the chart, the stock fell sharply in the first half of the month as the broad market pulled back ...