Sirius XM Holdings Inc’s recent filing unveils 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 $2.57 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 $2.49 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 fall -0.32% to $21.89. Over the last five days, the stock has lost -1.71%. Sirius XM Holdings Inc shares have fallen nearly -3.99% since the year began. Nevertheless, the stocks have fallen -59.61% over the past one year. While a 52-week high of $55.05 was reached on 01/07/25, a 52-week low of $20.47 was recorded on 01/13/25. SMA at 50 days reached $24.15, while 200 days put it at $28.02.
Levels Of Support And Resistance For SIRI Stock
The 24-hour chart illustrates a support level at 21.54, which if violated will result in even more drops to 21.18. On the upside, there is a resistance level at 22.16. A further resistance level may holdings at 22.42. The Relative Strength Index (RSI) on the 14-day chart is 42.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.17%. Stochastics %K at 46.20% 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 2024-12-31, 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.
