Berkshire Hathaway Lifts Stake in Sirius XM
Berkshire Buys Another Chunk of Sirius XM Stock. Its Stake Hits 32%.
Warren Buffett’s company apparently is taking advantage of the weakness in the stock, which is down 50% this year.
Berkshire Hathaway Lifts Stake in Sirius XM After Malone Deal
Warren Buffett is amplifying his bet on Sirius XM Holdings Inc., as Berkshire Hathaway Inc. keeps adding more shares of the radio broadcasting firm to its portfolio.
Berkshire Hathaway’s Bold Bet: A Game-Changer for Sirius XM (SIRI)?
This strategic investment by Berkshire Hathaway, particularly under the management of investment guru Ted Weschler, is noteworthy given that the company has been perceived as a money-losing stake. Berkshire’s commitment to Sirius XM indicates a potential long-term outlook, despite the company’s current struggles.
Struggling Sirius XM Stock Gets Berkshire, Buffett Boost
Sirius XM needed it. The stock is down 51% in 2024 and fell to a 12-year low of $22.18 on Oct. 7. The shares looked ready to rally in July, but found resistance at their 200-day moving average. Options traders are all in on calls.
Warren Buffett’s Berkshire Hathaway lifts Sirius XM stake above 32%
Billionaire investor Warren Buffett’s Berkshire Hathaway (NYSE:BRK.A) has continued to buy shares in the broadcasting and radio company SiriusXM (NASDAQ:SIRI), adding more than 1.5M shares to push its stake above 32% this week.
Berkshire Hathaway increases stake in SiriusXM
Warren Buffett’s investment firm, Berkshire Hathaway, has increased its stake in Sirius XM Holdings to 32%. The company purchased roughly 3.6 million shares for about $87 million in separate transactions.
What Is Warren Buffett's Favorite Stock to Buy Right Now (Other Than Berkshire Hathaway)?
Berkshire Hathaway is arguably always Buffett's favorite stock. But another stock commands a strong second place.
What's Going On With SiriusXM Holdings Stock This Week?
Shares of Sirius XM are trading higher by 10% since Monday's open. The stock gained on news that Warren Buffett's Berkshire ...
The Hollywood Reporter6d
Warren Buffett’s Berkshire Hathaway Raises Stake in SiriusXM
Berkshire Hathaway continuing to build its SiriusXM stake follows Sirius XM Holdings completing a combination with the Liberty Sirius XM tracking stock group of John Malone’s Liberty ...
ETF Daily News7d
Berkshire Hathaway Inc Acquires 1,259,259 Shares of Sirius XM Holdings Inc. (NASDAQ:SIRI) Stock
Berkshire Hathaway Inc lifted its stake in shares ... rating of “Hold” and a consensus target price of $31.25. Sirius XM Holdings Inc operates as an audio entertainment company in North ...
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Three Stocks: SoFi Technologies, Citi, and Sirius XM Holdings
Headlines ahead of the market open on Monday detailed a new $2 billion loan platform deal agreement with Fortress Investment ...
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Berkshire Hathaway buys $86.73 million of Sirius XM stock
In a recent move by Berkshire Hathaway Inc . (NYSE:BRKa), the conglomerate has increased its stake in Sirius XM Holdings Inc. (NASDAQ:SIRI), purchasing shares worth a total of $86.73 million ...