It's no big secret that Warren Buffett has been a net seller of stocks recently. Thanks to several massive stock sales, and a few smaller ones, Berkshire Hathaway's (BRK.A 0.50%) (BRK.B 0.52%) cash stockpile has ballooned to $325 billion as of the most recent quarter, far more than the conglomerate has ever had on hand before.
Sirius XM Holdings Inc. NASDAQ: SIRI operates the country's only FCC-licensed satellite radio service, SiriusXM. The subscription service offers over 200 channels of music, news, talk, podcasts, sports and entertainment.
Warren Buffett and his team at Berkshire Hathaway are some of if not the best investors ever. That's why it shouldn't surprise investors to learn that Buffett is often a step or two ahead of the broader market.
Warren Buffett is a big fan of Sirius XM Holdings (SIRI 2.58%). Or, at least someone on his investment team is.
Warren Buffett still likes satellite radio.
Sirius XM Holdings (SIRI -0.04%) is facing a transitional year. In 2024, shares declined 58%.
Warren Buffett, the ‘Oracle of Omaha', became one of the most well-respected investors to ever live by consistently beating the markets.
Sirius XM Holdings (SIRI -2.21%) can't seem to catch a break. It posted better-than-expected results late last week, sending the shares 6% higher on Thursday.
Sirius XM Holdings (SIRI 3.89%) has had a difficult year. Over the past 12 months, shares have lost nearly 60% of their value.
Sirius XM Holdings (SIRI 3.89%) has had a rough time of late, falling nearly 60% in value over the past 12 months. Yet, one of the most famous investors in history has been a keen buyer of the satellite and online radio company's shares.
With the S&P 500 just below an all-time high, there are plenty of areas of the stock market that can be considered expensive. But with a valuation of just 8 times free cash flow, Sirius XM (SIRI 3.89%) isn't one of them.
SIRI's fourth-quarter 2024 results reflect weakness in subscriber, advertisement and other revenues.