Sirius XM Holdings Inc’s recent filing unveils that its Former Director HOLDEN JAMES P acquired Company’s shares for reported $1.08 million on Nov 26 ’24. In the deal valued at $26.20 per share,41,368 shares were bought.
Then, BERKSHIRE HATHAWAY INC bought 925,205 shares, generating $25,391,326 in total proceeds. Upon buying the shares at $27.44, the 10% Owner now owns 111,825,522 shares.
Before that, BERKSHIRE HATHAWAY INC bought 679,207 shares. Sirius XM Holdings Inc shares valued at $18,060,997 were divested by the 10% Owner at a price of $26.59 per share. As a result of the transaction, BERKSHIRE HATHAWAY INC now holds 112,504,729 shares, worth roughly $3.1 billion.
Guggenheim revised its rating on September 18, 2024. It rated SIRI as “a Buy” which previously was an “a Neutral”.
Price Performance Review of SIRI
On Monday, Sirius XM Holdings Inc [NASDAQ:SIRI] saw its stock jump 2.08% to $27.51. Over the last five days, the stock has gained 4.92%. Sirius XM Holdings Inc shares have fallen nearly -49.71% since the year began. Nevertheless, the stocks have fallen -41.22% over the past one year. While a 52-week high of $57.80 was reached on 01/02/24, a 52-week low of $22.18 was recorded on 10/07/24. SMA at 50 days reached $25.81, while 200 days put it at $31.21.
Levels Of Support And Resistance For SIRI Stock
The 24-hour chart illustrates a support level at 26.77, which if violated will result in even more drops to 26.02. On the upside, there is a resistance level at 27.96. A further resistance level may holdings at 28.41. The Relative Strength Index (RSI) on the 14-day chart is 58.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 5.25%. Stochastics %K at 77.03% indicates the stock is a holding.
How much short interest is there in Sirius XM Holdings Inc?
A steep rise in short interest was recorded in Sirius XM Holdings Inc stocks on 2024-11-15, growing by 3.33 million shares to a total of 19.63 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 16.29 million shares. There was a rise of 16.98%, which implies that there is a positive sentiment for the stock.
