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Seaport Research Partners analysts downgrades a Neutral rating for Sirius XM Holdings Inc (SIRI)

Sirius XM Holdings Inc’s recent filing unveils 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 $2.32 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 $2.34 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 fall -7.67% to $19.51. Over the last five days, the stock has lost -14.24%. Sirius XM Holdings Inc shares have fallen nearly -14.43% since the year began. Nevertheless, the stocks have fallen -45.35% 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 04/04/25. SMA at 50 days reached $23.81, while 200 days put it at $26.70.

Levels Of Support And Resistance For SIRI Stock

The 24-hour chart illustrates a support level at 18.80, which if violated will result in even more drops to 18.09. On the upside, there is a resistance level at 20.43. A further resistance level may holdings at 21.35. The Relative Strength Index (RSI) on the 14-day chart is 28.32, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.75, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.72%. Stochastics %K at 12.46% 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 2025-03-14, growing by 4.26 million shares to a total of 26.98 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 22.72 million shares. There was a rise of 15.81%, which implies that there is a positive sentiment for the stock.

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