Sirius XM Holdings Inc’s filing revealed that its 10% Owner BERKSHIRE HATHAWAY INC acquired Company’s shares for reported $43.16 million on Dec 19 ’24. In the deal valued at $20.86 per share,2,069,377 shares were bought. As a result of this transaction, BERKSHIRE HATHAWAY INC now holds 117,468,573 shares worth roughly $2.63 billion.
Then, BERKSHIRE HATHAWAY INC bought 1,454,467 shares, generating $32,212,175 in total proceeds. Upon buying the shares at $22.15, the 10% Owner now owns 115,399,196 shares.
Before that, BERKSHIRE HATHAWAY INC bought 1,440,000 shares. Sirius XM Holdings Inc shares valued at $31,862,448 were divested by the 10% Owner at a price of $22.13 per share. As a result of the transaction, BERKSHIRE HATHAWAY INC now holds 113,944,729 shares, worth roughly $2.55 billion.
Seaport Research Partners downgraded its Sirius XM Holdings Inc [SIRI] rating to a Neutral from a a Buy in a research note published recently.
Price Performance Review of SIRI
On Friday, Sirius XM Holdings Inc [NASDAQ:SIRI] saw its stock jump 1.18% to $22.36. Over the last five days, the stock has lost -4.61%. Sirius XM Holdings Inc shares have fallen nearly -1.93% since the year began. Nevertheless, the stocks have fallen -58.90% over the past one year. While a 52-week high of $55.50 was reached on 01/02/25, a 52-week low of $20.47 was recorded on 01/03/25. SMA at 50 days reached $25.49, while 200 days put it at $29.09.
Levels Of Support And Resistance For SIRI Stock
The 24-hour chart illustrates a support level at 22.10, which if violated will result in even more drops to 21.85. On the upside, there is a resistance level at 22.56. A further resistance level may holdings at 22.77. The Relative Strength Index (RSI) on the 14-day chart is 39.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.09%. Stochastics %K at 38.66% 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 2024-12-13, dropping by -0.31 million shares to a total of 19.32 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 19.63 million shares. There was a decline of -1.61%, which implies that there is a negative sentiment for the stock.
