4 Reasons I Think Warren Buffett Just Increased His Position in This Forgotten Stock-Split Stock by 262%
Warren Buffett's Berkshire Hathaway bought 96 million shares of Sirius XM stock during the second quarter. Sirius XM has struggled to add new customers in recent years, but the company's overall financial health remains strong.
Sirius XM: Buy, Sell, or Hold?
Sirius XM is trading more than 40% lower in 2024. Sluggish growth turned negative last year, and Sirius XM has shed more than 600,000 net subscribers this year.
This Warren Buffett stock just announced a merger
One of Warren Buffett's favorite stocks, Liberty Media Corporation (NASDAQ: LSXMA, LLVYK), recently announced a merger with Sirius XM Holdings (NASDAQ: SIRI) on August 23.
Here's Why Sirius XM Is a Great Stock to Keep an Eye on Right Now
Warren Buffett just made a big investment in the satellite radio leader.
SiriusXM Stock Surges as It Signs Spotify Podcaster Alex Cooper
SiriusXM (SIRI) shares rose further Wednesday, a day after announcing it had signed a multi-year agreement with Alex Cooper starting in 2025. The satellite radio company is getting the popular podcaster's "Call Her Daddy" show, as well as ad sales rights to her Unwell Network.
Warren Buffett bets on Sirius XM amid upcoming reverse stock split: Here's why
Warren Buffett, known for his selective and strategic investment approach, has recently made headlines by significantly increasing his stake in Sirius XM Holdings Inc (NASDAQ: SIRI) by an impressive 262%. This move stands out, particularly as Sirius XM is preparing for a reverse stock split in the third quarter of 2024.
Meet the Unique Stock-Split Stock Warren Buffett Has More Than Tripled His Stake In
Over the last six months, 13 high-profile companies have announced or completed a stock split. Warren Buffett and his investment team have been particularly picky for nearly two years, with seven consecutive quarters of net-equity security sales.
Why Is Warren Buffett Buying More Sirius XM Stock?
Berkshire Hathaway more than tripled its stake in Sirius XM during the second quarter. Sirius XM can be bought at a discount through its tracking shares, but it's interesting to see Berkshire load up on the common stock.
Investors Tune In to Sirius XM Stock on Buffett Investment
Shares of Sirius XM Holdings (SIRI) advanced Thursday after Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) made a big addition of the stock to its portfolio in the second quarter.
Sirius XM: Weak Results And M&A Concerns Leave Shares Unattractive
Sirius XM shares have underperformed, down 38% in the past year, with concerns around subscriber trends and the Liberty merger. Q2 earnings show declining revenue and subscriber numbers, raising concerns about the company's future growth, with it potentially being a "melting ice cube." The Liberty merger will move debt above target in an unattractive fashion, likely requiring 18-24 months of debt reduction.
Sirius XM (SIRI) Q2 Earnings Meet Estimates, Revenues Fall Y/Y
Sirius XM's (SIRI) second-quarter 2024 results reflect weakness in subscribers, advertisement and other revenues.
Compared to Estimates, Sirius XM (SIRI) Q2 Earnings: A Look at Key Metrics
Although the revenue and EPS for Sirius XM (SIRI) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
