Sirius XM (NASDAQ:SIRI) Research Coverage Started at Moffett Nathanson

Moffett Nathanson started coverage on shares of Sirius XM (NASDAQ:SIRI) in a research note issued to investors on Tuesday morning, Marketbeat.com reports. The brokerage issued a hold rating and a $21.00 target price on the stock.

Several other equities research analysts have also weighed in on the company. Weiss Ratings restated a “hold (c-)” rating on shares of Sirius XM in a research report on Monday, December 29th. Barrington Research reissued an “outperform” rating and set a $28.00 price objective on shares of Sirius XM in a research report on Monday, November 3rd. Rosenblatt Securities restated a “neutral” rating and set a $23.00 target price on shares of Sirius XM in a report on Monday, December 1st. Benchmark reiterated a “buy” rating and issued a $30.00 price target (up from $28.00) on shares of Sirius XM in a research note on Friday, October 31st. Finally, JPMorgan Chase & Co. lifted their price target on shares of Sirius XM from $19.00 to $20.00 and gave the company an “underweight” rating in a research report on Friday, October 31st. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $23.88.

Sirius XM Price Performance

Shares of NASDAQ SIRI opened at $20.06 on Tuesday. Sirius XM has a 1 year low of $18.69 and a 1 year high of $27.41. The stock has a market capitalization of $6.75 billion, a P/E ratio of 7.09, a P/E/G ratio of 0.27 and a beta of 0.93. The company’s 50-day moving average is $20.95 and its 200 day moving average is $21.97. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.31 and a quick ratio of 0.31.

Sirius XM (NASDAQ:SIRI) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.79 by $0.05. Sirius XM had a net margin of 11.61% and a return on equity of 8.79%. The business had revenue of $2.16 billion during the quarter, compared to analyst estimates of $2.14 billion. During the same period last year, the business posted ($8.74) earnings per share. Sirius XM’s quarterly revenue was down .6% compared to the same quarter last year. On average, sell-side analysts expect that Sirius XM will post 3.2 earnings per share for the current year.

Insider Transactions at Sirius XM

In related news, Director Kristina Salen sold 1,845 shares of the stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $21.64, for a total transaction of $39,925.80. Following the sale, the director directly owned 19,969 shares of the company’s stock, valued at approximately $432,129.16. This represents a 8.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 3.32% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in SIRI. Berkshire Hathaway Inc raised its holdings in Sirius XM by 4.2% in the 3rd quarter. Berkshire Hathaway Inc now owns 124,807,117 shares of the company’s stock worth $2,904,886,000 after acquiring an additional 5,030,425 shares during the last quarter. AQR Capital Management LLC boosted its stake in Sirius XM by 165.2% during the 2nd quarter. AQR Capital Management LLC now owns 5,191,440 shares of the company’s stock valued at $117,327,000 after purchasing an additional 3,233,922 shares during the last quarter. Norges Bank bought a new stake in shares of Sirius XM in the 2nd quarter worth $43,152,000. Two Sigma Investments LP raised its stake in shares of Sirius XM by 270.0% in the third quarter. Two Sigma Investments LP now owns 1,933,521 shares of the company’s stock worth $45,003,000 after purchasing an additional 1,410,963 shares during the last quarter. Finally, Check Capital Management Inc. CA lifted its holdings in shares of Sirius XM by 76.7% during the third quarter. Check Capital Management Inc. CA now owns 2,061,843 shares of the company’s stock valued at $47,989,000 after purchasing an additional 895,247 shares in the last quarter. Institutional investors own 10.69% of the company’s stock.

Key Stories Impacting Sirius XM

Here are the key news stories impacting Sirius XM this week:

• Positive Sentiment: Board declared a quarterly cash dividend of $0.27 per share, payable Feb. 27 (record Feb. 11). The payout supports income investors and signals confidence in free cash flow/return-of-capital policy. SiriusXM Declares Quarterly Cash Dividend
• Positive Sentiment: Featured in an Investing article as a “historically cheap, safe” stock that could attract value-oriented buyers in a high-valuation market — a potential positive for demand/sentiment. 3 Historically Cheap, Safe Stocks You Can Confidently Buy in an Expensive Stock Market
• Neutral Sentiment: Appointed Eve Konstan as Executive VP, Chief Legal Officer and Secretary effective Feb. 9 — governance continuity at the legal/secretarial level; limited immediate financial impact but reduces leadership uncertainty. SiriusXM Appoints Eve Konstan as Executive Vice President, Chief Legal Officer and Secretary
• Neutral Sentiment: New analyst coverage from MoffettNathanson with a “hold” rating and $21 price target — a modest signal for near-term expectations but not a strong catalyst. Sirius XM initiated with neutral view at MoffettNathanson
• Neutral Sentiment: Coverage noting corporate/industry moves tied to Berkshire-related shakeups (Greg Abel mention) — may influence longer-term strategic expectations but no immediate financial impact identified. Greg Abel Signals New Berkshire Era With Kraft Heinz And Sirius XM Shakeup
• Negative Sentiment: Reached a $28 million settlement in a telemarketing lawsuit — a direct cash cost and reminder of legal/operating risks; could pressure near-term free cash flow and raise questions about past telemarketing practices. $28 Million settlement reached in SiriusXM telemarketing lawsuit
• Negative Sentiment: Public warning that prison cellphone jammers may block emergency alerts — negative PR that could draw regulatory or public-safety scrutiny, though the direct financial impact is unclear. SiriusXM says prison cellphone jammers may prevent emergency alerts

Sirius XM Company Profile

Sirius XM Holdings Inc is a leading audio entertainment company specializing in subscription-based satellite and streaming radio services. Formed in 2008 through the merger of Sirius Satellite Radio and XM Satellite Radio, the company delivers a broad range of programming across music, sports, news, talk and comedy channels. Sirius XM’s offerings include exclusive live sports play-by-play, artist-curated music channels, news coverage from major networks and original talk and entertainment series.

Headquartered in New York City, Sirius XM serves listeners throughout the United States and Canada, reaching tens of millions of subscribers.