SiriusXMSIRI
Market Cap: $10.5B
About: Sirius XM Holdings is composed of two businesses: SiriusXM and Pandora. SiriusXM transmits music, talk shows, sports, and news via its two satellite radio networks, primarily to consumers in vehicles who pay a subscription fee. The firm's radios come preinstalled on a wide range of light vehicles in the US and Canada. The firm acquired Pandora Media in February 2019 via an all-stock transaction. Pandora is a streaming music platform that offers an ad-supported radio option and a paid on-demand service; it has a robust and growing podcast library. Liberty Media owns 84% of Sirius XM, traded through its Liberty Sirius XM Group tracking stock.
Employees: 5,680
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
1.74% more ownership
Funds ownership: 9.72% [Q1] → 11.45% (+1.74%) [Q2]
10% more call options, than puts
Call options by funds: $135M | Put options by funds: $124M
10% less funds holding
Funds holding: 616 [Q1] → 554 (-62) [Q2]
12% less repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 173
14% less capital invested
Capital invested by funds: $1.45B [Q1] → $1.25B (-$203M) [Q2]
38% less first-time investments, than exits
New positions opened: 101 | Existing positions closed: 163
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Deutsche Bank Bryan Kraft 82% 1-year accuracy 14 / 17 met price target | 10%upside $3 | Hold Maintained | 6 Aug 2024 |
Citigroup Jason Bazinet 76% 1-year accuracy 16 / 21 met price target | 3%upside $2.80 | Sell Downgraded | 25 Jul 2024 |
Barrington Research James Goss 58% 1-year accuracy 40 / 69 met price target | 74%upside $4.75 | Outperform Maintained | 15 Jul 2024 |
Guggenheim Curry Baker 54% 1-year accuracy 7 / 13 met price target | 6%upside $2.90 | Neutral Maintained | 27 Jun 2024 |
Evercore ISI Group Vijay Jayant 58% 1-year accuracy 7 / 12 met price target | 19%upside $3.25 | In-Line Upgraded | 24 Jun 2024 |
Financial journalist opinion
Based on 22 articles about SIRI published over the past 30 days