Sirius XM Holdings Inc. (NASDAQ:SIRI) EVP Patrick L. Donnelly sold 1,374,479 shares of the business’s stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $5.70, for a total transaction of $7,834,530.30. Following the transaction, the executive vice president now owns 227,430 shares in the company, valued at approximately $1,296,351. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Shares of Sirius XM Holdings Inc. (SIRI) traded down $0.14 during mid-day trading on Thursday, hitting $5.60. The stock had a trading volume of 21,147,200 shares, compared to its average volume of 21,567,287. The stock has a market cap of $26,380.00, a P/E ratio of 31.89, a price-to-earnings-growth ratio of 1.84 and a beta of 1.12. The company has a current ratio of 0.19, a quick ratio of 0.18 and a debt-to-equity ratio of -6.41. Sirius XM Holdings Inc. has a fifty-two week low of $4.38 and a fifty-two week high of $5.89.

Sirius XM (NASDAQ:SIRI) last issued its earnings results on Wednesday, October 25th. The company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.02. Sirius XM had a negative return on equity of 93.51% and a net margin of 16.71%. The business had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.37 billion. During the same period last year, the company posted $0.04 EPS. The business’s quarterly revenue was up 8.0% on a year-over-year basis. analysts expect that Sirius XM Holdings Inc. will post 0.19 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Thursday, November 9th were paid a $0.011 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.79%. This is an increase from Sirius XM’s previous quarterly dividend of $0.01. The ex-dividend date was Wednesday, November 8th. Sirius XM’s dividend payout ratio (DPR) is 22.22%.

Hedge funds have recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in Sirius XM by 1.2% during the second quarter. Vanguard Group Inc. now owns 78,433,991 shares of the company’s stock worth $429,035,000 after purchasing an additional 957,278 shares in the last quarter. FMR LLC grew its position in Sirius XM by 3.8% during the 2nd quarter. FMR LLC now owns 43,576,316 shares of the company’s stock worth $238,362,000 after purchasing an additional 1,614,259 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in Sirius XM by 119.2% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 34,373,843 shares of the company’s stock worth $188,025,000 after purchasing an additional 18,694,885 shares in the last quarter. Eagle Asset Management Inc. grew its position in Sirius XM by 4.0% during the 3rd quarter. Eagle Asset Management Inc. now owns 13,785,317 shares of the company’s stock worth $75,819,000 after purchasing an additional 526,766 shares in the last quarter. Finally, APG Asset Management N.V. grew its holdings in shares of Sirius XM by 23.8% during the 3rd quarter. APG Asset Management N.V. now owns 11,186,062 shares of the company’s stock valued at $61,747,000 after acquiring an additional 2,147,800 shares in the last quarter. Institutional investors own 19.65% of the company’s stock.

Several analysts have recently issued reports on the stock. B. Riley reiterated a “buy” rating on shares of Sirius XM in a research note on Wednesday, November 1st. BidaskClub upgraded shares of Sirius XM from a “sell” rating to a “hold” rating in a research report on Wednesday. KeyCorp reiterated a “hold” rating on shares of Sirius XM in a report on Friday, August 25th. Zacks Investment Research lowered Sirius XM from a “hold” rating to a “sell” rating in a research report on Tuesday, September 19th. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and issued a $6.00 price target on shares of Sirius XM in a research report on Wednesday, October 18th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $6.01.

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Sirius XM Company Profile

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. Subscribers can also receive certain of its music and other channels over the Internet, including through applications for mobile devices.

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