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Shares of Sirius XM Holdings (NASDAQ:SIRI) saw some unusual options trading on Friday. Investors acquired 2,578 put options on the company, Analyst Ratings News reports. This represents an increase of 556% compared to the typical volume of 393 put options.

A number of analysts have recently weighed in on SIRI shares. Analysts at Evercore Partners raised their price target on shares of Sirius XM Holdings from $4.25 to $4.30 in a research note on Thursday, July 31st. Separately, analysts at Wunderlich reiterated a “hold” rating on shares of Sirius XM Holdings in a research note on Wednesday, July 30th. They now have a $3.50 price target on the stock. Finally, analysts at Pivotal Research raised their price target on shares of Sirius XM Holdings from $3.75 to $4.25 in a research note on Tuesday, July 15th. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $4.25.

Sirius XM Holdings (NASDAQ:SIRI) traded up 0.83% during mid-day trading on Friday, hitting $3.63. The stock had a trading volume of 33,778,552 shares. Sirius XM Holdings has a 1-year low of $2.98 and a 1-year high of $4.18. The stock’s 50-day moving average is $3.45 and its 200-day moving average is $3.36. The company has a market cap of $20.589 billion and a price-to-earnings ratio of 63.16.

Sirius XM Holdings (NASDAQ:SIRI) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $0.02 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.02. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter in the previous year, the company posted $0.02 earnings per share. The company’s revenue for the quarter was up 10.1% on a year-over-year basis. Analysts expect that Sirius XM Holdings will post $0.08 EPS for the current fiscal year.

Sirius XM Radio Inc broadcasts its music, sports, entertainment, comedy, talk, news, traffic and weather channels in the United States on a subscription fee basis through its two satellite radio systems.

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