Following The Money: Institution’s Growing Stake In Sirius XM Holdings Inc (NASDAQ: SIRI)

Sirius XM Holdings Inc (SIRI) concluded trading on Wednesday at a closing price of $25.20, with 6.14 million shares of worth about $154.76 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -15.86% during that period and on February 19, 2025 the price saw a loss of about -4.98%. Currently the company’s common shares owned by public are about 338.97M shares, out of which, 310.01M shares are available for trading.

Stock saw a price change of -2.85% in past 5 days and over the past one month there was a price change of 13.16%. Year-to-date (YTD), SIRI shares are showing a performance of 10.53% which decreased to -47.50% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $20.47 but also hit the highest price of $48.55 during that period. The average intraday trading volume for Sirius XM Holdings Inc shares is 5.80 million. The stock is currently trading 3.33% above its 20-day simple moving average (SMA20), while that difference is up 6.44% for SMA50 and it goes to -8.39% lower than SMA200.

Sirius XM Holdings Inc (NASDAQ: SIRI) currently have 338.97M outstanding shares and institutions hold larger chunk of about 75.87% of that.

The stock has a current market capitalization of $8.54B and its 3Y-monthly beta is at 1.06. It has posted earnings per share of -$4.94 in the same period. It has Quick Ratio of 0.42 while making debt-to-equity ratio of 0.94. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SIRI, volatility over the week remained 3.59% while standing at 3.68% over the month.

Stock’s fiscal year EPS is expected to rise by 150.44% while it is estimated to increase by 1.25% in next year.

Coverage by BofA Securities stated Sirius XM Holdings Inc (SIRI) stock as an Underperform in their note to investors on October 24, 2024, suggesting a price target of $23 for the stock. On October 09, 2024, JP Morgan Resumed their recommendations, while on September 24, 2024, Morgan Stanley Resumed their ratings for the stock with a price target of $23. Stock get a Buy rating from Guggenheim on September 18, 2024.

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