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 $2.46 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 $2.38 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 Monday, Sirius XM Holdings Inc [NASDAQ:SIRI] saw its stock jump 0.36% to $20.90. Over the last five days, the stock has lost -6.53%. Sirius XM Holdings Inc shares have fallen nearly -8.33% since the year began. Nevertheless, the stocks have fallen -61.08% over the past one year. While a 52-week high of $55.40 was reached on 01/07/25, a 52-week low of $20.47 was recorded on 01/13/25. SMA at 50 days reached $25.00, while 200 days put it at $28.67.
Levels Of Support And Resistance For SIRI Stock
The 24-hour chart illustrates a support level at 20.57, which if violated will result in even more drops to 20.23. On the upside, there is a resistance level at 21.24. A further resistance level may holdings at 21.58. The Relative Strength Index (RSI) on the 14-day chart is 34.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.10%. Stochastics %K at 17.43% indicates the stock is a buying.
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 2024-12-31, dropping by -1.99 million shares to a total of 18.78 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 20.77 million shares. There was a decline of -10.62%, which implies that there is a negative sentiment for the stock.
