Sirius XM Holdings Inc’s recently made public that its 10% Owner BERKSHIRE HATHAWAY INC acquired Company’s shares for reported $19.84 million on Jan 31 ’25. In the deal valued at $23.62 per share,840,000 shares were bought. As a result of this transaction, BERKSHIRE HATHAWAY INC now holds 119,059,714 shares worth roughly $2.7 billion.
Then, BERKSHIRE HATHAWAY INC bought 751,141 shares, generating $17,118,729 in total proceeds. Upon buying the shares at $22.79, the 10% Owner now owns 118,219,714 shares.
Before that, BERKSHIRE HATHAWAY INC bought 716,978 shares. Sirius XM Holdings Inc shares valued at $17,000,167 were divested by the 10% Owner at a price of $23.71 per share. As a result of the transaction, BERKSHIRE HATHAWAY INC now holds 119,776,692 shares, worth roughly $2.72 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 3.85% to $22.67. Over the last five days, the stock has lost -10.15%. Sirius XM Holdings Inc shares have fallen nearly -0.57% since the year began. Nevertheless, the stocks have fallen -44.84% over the past one year. While a 52-week high of $41.60 was reached on 02/18/25, a 52-week low of $20.47 was recorded on 01/13/25. SMA at 50 days reached $23.59, while 200 days put it at $26.98.
Levels Of Support And Resistance For SIRI Stock
The 24-hour chart illustrates a support level at 22.27, which if violated will result in even more drops to 21.88. On the upside, there is a resistance level at 22.88. A further resistance level may holdings at 23.09. The Relative Strength Index (RSI) on the 14-day chart is 42.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.67%. Stochastics %K at 15.67% 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 2025-02-28, growing by 5.89 million shares to a total of 25.19 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 19.3 million shares. There was a rise of 23.39%, which implies that there is a positive sentiment for the stock.
