Kristina Salen Sells 12,518 Shares of Sirius XM Holdings Inc. (NASDAQ:SIRI) Stock

Sirius XM Holdings Inc. (NASDAQ:SIRIGet Free Report) Director Kristina Salen sold 12,518 shares of the stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $2.60, for a total value of $32,546.80. Following the sale, the director now directly owns 169,309 shares in the company, valued at approximately $440,203.40. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Kristina Salen also recently made the following trade(s):

  • On Wednesday, June 5th, Kristina Salen sold 12,518 shares of Sirius XM stock. The shares were sold at an average price of $2.62, for a total value of $32,797.16.

Sirius XM Trading Up 2.8 %

Shares of Sirius XM stock opened at $2.61 on Friday. The firm has a market capitalization of $10.04 billion, a PE ratio of 7.91, a price-to-earnings-growth ratio of 0.83 and a beta of 1.08. Sirius XM Holdings Inc. has a 12 month low of $2.45 and a 12 month high of $7.95. The business’s 50-day moving average price is $2.96 and its 200-day moving average price is $4.15.

Sirius XM (NASDAQ:SIRIGet Free Report) last issued its quarterly earnings results on Tuesday, April 30th. The company reported $0.07 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. The business had revenue of $2.16 billion for the quarter, compared to analysts’ expectations of $2.13 billion. Sirius XM had a net margin of 14.38% and a negative return on equity of 47.17%. The business’s quarterly revenue was up .8% on a year-over-year basis. During the same period last year, the business earned $0.06 earnings per share. As a group, analysts predict that Sirius XM Holdings Inc. will post 0.31 earnings per share for the current fiscal year.

Sirius XM Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 29th. Shareholders of record on Friday, May 10th were given a dividend of $0.0266 per share. The ex-dividend date was Thursday, May 9th. This represents a $0.11 annualized dividend and a yield of 4.08%. Sirius XM’s payout ratio is 33.33%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of SIRI. Truvestments Capital LLC purchased a new stake in Sirius XM during the 3rd quarter valued at about $27,000. BKM Wealth Management LLC purchased a new stake in shares of Sirius XM during the fourth quarter valued at approximately $27,000. First PREMIER Bank bought a new position in shares of Sirius XM in the first quarter worth approximately $31,000. First United Bank & Trust purchased a new position in shares of Sirius XM in the fourth quarter worth $37,000. Finally, TFO Wealth Partners LLC increased its stake in shares of Sirius XM by 140,560.0% in the fourth quarter. TFO Wealth Partners LLC now owns 7,033 shares of the company’s stock worth $38,000 after buying an additional 7,028 shares during the period. 10.69% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on SIRI shares. Pivotal Research raised shares of Sirius XM from a “hold” rating to a “buy” rating and reduced their price objective for the company from $5.05 to $4.90 in a research note on Wednesday, April 24th. Guggenheim started coverage on shares of Sirius XM in a research report on Thursday, March 14th. They set a “neutral” rating and a $4.00 price target for the company. Barrington Research reiterated an “outperform” rating and issued a $4.75 price objective on shares of Sirius XM in a research report on Tuesday, May 28th. Seaport Res Ptn raised Sirius XM from a “neutral” rating to a “buy” rating in a research note on Monday, April 29th. Finally, Wells Fargo & Company decreased their target price on Sirius XM from $3.00 to $2.50 and set an “underweight” rating on the stock in a research note on Wednesday, May 1st. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company. Based on data from, the company currently has a consensus rating of “Hold” and a consensus target price of $4.33.

Check Out Our Latest Stock Report on SIRI

About Sirius XM

(Get Free Report)

Sirius XM Holdings Inc operates as an audio entertainment company in North America. It operates in two segments, Sirius XM, and Pandora and Off-platform. The company's Sirius XM segment provides music, sports, entertainment, comedy, talk, news, traffic and weather channels, and other content, as well as podcast and infotainment services on subscription fee basis; and live, curated, and exclusive and on demand programming services through satellite radio systems and streamed through applications for mobile and home devices, and other consumer electronic equipment.

Featured Articles

Receive News & Ratings for Sirius XM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sirius XM and related companies with's FREE daily email newsletter.