Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Sirius XM Holdings Inc shares valued at $19,838,448 were purchased by BERKSHIRE HATHAWAY INC on Jan 31 ’25. At $23.62 per share, BERKSHIRE HATHAWAY INC acquired 840,000 shares. The insider’s holdings grew to 119,059,714 shares worth approximately $3.08 billion following the completion of this transaction.
Also, BERKSHIRE HATHAWAY INC purchased 751,141 shares, netting a total of over 17,118,729 in proceeds. Following the buying of shares at $22.79 each, the insider now holds 118,219,714 shares.
Before that, BERKSHIRE HATHAWAY INC had added 716,978 shares to its account. In a trade valued at $17,000,167, the 10% Owner bought Sirius XM Holdings Inc shares for $23.71 each. Upon closing the transaction, the insider’s holdings increased to 716,978 shares, worth approximately $3.1 billion.
As published in a research note from Seaport Research Partners on December 11, 2024, Sirius XM Holdings Inc [SIRI] has been rated down from a Buy to a Neutral.
Analyzing SIRI Stock Performance
During the last five days, there has been a surge of approximately 12.12%. Over the course of the year, Sirius XM Holdings Inc shares have jumped approximately 13.64%. Shares of the company reached a 52-week high of $26.33 on 02/06/25 and a 52-week low of $20.58 on 01/13/25. A 50-day SMA is recorded $23.82, while a 200-day SMA reached $27.70. Nevertheless, trading volume fell to 8.02 million shares from 8.69 million shares the previous day.
Support And Resistance Levels for Sirius XM Holdings Inc (SIRI)
According to the 24-hour chart, there is a support level at 25.48, which, if violated, would cause prices to drop to 25.06. In the upper region, resistance lies at 26.33. The next price resistance is at 26.75. RSI (Relative Strength Index) is 70.94 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.31, which suggests the price will increase in the coming days. Percent R is at 8.54%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
