50,000 Shares in Sirius XM Holdings Inc. $SIRI Bought by BlueCrest Capital Management Ltd

Key Points

• BlueCrest Capital Management established a new Sirius XM position of 50,000 shares in the second quarter, valued at approximately $1.48 million. Institutional investors collectively own 10.69% of the company.
• Sirius XM’s latest quarter showed revenue up 1% year over year to $2.16 billion, though earnings of $0.70 per share missed analysts’ $0.78 estimate. The company also maintains a quarterly dividend of $0.27 per share, yielding about 3.8% annually.
• Analyst sentiment remains mixed: the consensus rating is Hold with an average price target of $32, while several firms recently upgraded the stock, citing improving subscriber trends, free cash flow, and growth opportunities in digital audio and advertising.

BlueCrest Capital Management Ltd bought a new position in shares of Sirius XM Holdings Inc. (NASDAQ:SIRI - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 50,000 shares of the company's stock, valued at approximately $1,477,000.

A number of other hedge funds also recently bought and sold shares of SIRI. Brighton Jones LLC acquired a new position in shares of Sirius XM during the 4th quarter worth about $622,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Sirius XM by 11.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 925,313 shares of the company's stock worth $20,861,000 after buying an additional 92,111 shares during the period. Focus Partners Wealth boosted its position in shares of Sirius XM by 5.2% in the first quarter. Focus Partners Wealth now owns 16,273 shares of the company's stock valued at $367,000 after acquiring an additional 800 shares during the period. Geneos Wealth Management Inc. boosted its position in shares of Sirius XM by 36.7% in the first quarter. Geneos Wealth Management Inc. now owns 1,836 shares of the company's stock valued at $41,000 after acquiring an additional 493 shares during the period. Finally, Sivia Capital Partners LLC acquired a new stake in shares of Sirius XM in the second quarter worth $208,000. 10.69% of the stock is currently owned by institutional investors.

Sirius XM News Summary

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

• Positive Sentiment: Deutsche Bank recently upgraded SIRI to Buy from Hold and raised its price target to $45 from $31. The firm cited improving subscriber trends, strong free cash flow, and potential growth in digital audio and advertising. Sirius XM Stock Deutsche Bank Sees Big Upside
• Positive Sentiment: An analysis argued that SiriusXM’s YouTube partnership could challenge the “value trap” view of the company by expanding audience reach and supporting advertising growth. Deutsche Bank estimates the opportunity could contribute $350 million to $400 million of EBITDA by 2029. SiriusXM YouTube Partnership Analysis
• Positive Sentiment: SiriusXM promoted Sean Gibbons to chief product and technology officer and added him to its executive leadership team. He will oversee product strategy, engineering, technology platforms, automotive and streaming distribution partnerships, and advertising technology across SiriusXM and Pandora. The move signals continued emphasis on digital products and monetization. SiriusXM Names Sean Gibbons Chief Product and Technology Officer
• Neutral Sentiment: SIRI appeared among the most actively traded options stocks, while traders purchased 70,933 call options—about 254% above typical daily call volume. The activity suggests increased bullish speculation, but options flows can reflect short-term trading rather than an investment-grade fundamental signal. Most Active Options Report
• Neutral Sentiment: SiriusXM presented at the Bank of America 2026 Media, Communications & Entertainment Conference. The available report identifies the event but provides no specific new guidance or financial forecast that would materially change the investment outlook. Sirius XM Bank of America Conference Transcript
• Negative Sentiment: Reports that a segment was removed from “The Howard Stern Show” add to concerns about programming changes during SiriusXM’s broader shake-up, although the immediate financial impact is unclear. Howard Stern Show Segment Changes

Insider Buying and Selling at Sirius XM

In other news, Director Jonelle Procope sold 16,672 shares of the stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $29.97, for a total value of $499,659.84. Following the completion of the transaction, the director directly owned 18,354 shares of the company's stock, valued at approximately $550,069.38. This represents a 47.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 3.27% of the company's stock.

Analyst Ratings Changes

A number of analysts have weighed in on SIRI shares. Weiss Ratings raised shares of Sirius XM from a "hold (c)" rating to a "hold (c+)" rating in a report on Thursday, July 9th. Morgan Stanley upped their price objective on shares of Sirius XM from $24.00 to $28.00 and gave the company an "underweight" rating in a research report on Tuesday, July 21st. Cantor Fitzgerald started coverage on shares of Sirius XM in a research report on Wednesday, September 2nd. They set an "overweight" rating for the company. William Blair upgraded shares of Sirius XM to a "market perform" rating in a research note on Wednesday, September 2nd. Finally, Wells Fargo & Company raised Sirius XM from an "underweight" rating to an "overweight" rating in a research report on Wednesday, September 2nd. Nine investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Sirius XM has a consensus rating of "Hold" and an average target price of $32.00.

Sirius XM Trading Down 0.9%

Shares of SIRI stock opened at $28.54 on Thursday. The firm has a fifty day moving average of $29.69 and a 200-day moving average of $26.96. The stock has a market cap of $9.62 billion, a price-to-earnings ratio of 11.42, a P/E/G ratio of 0.52 and a beta of 0.95. Sirius XM Holdings Inc. has a 52-week low of $19.76 and a 52-week high of $32.66. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.46 and a current ratio of 0.46.

Sirius XM (NASDAQ:SIRI - Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $0.70 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.08). Sirius XM had a net margin of 10.23% and a return on equity of 9.37%. The business had revenue of $2.16 billion for the quarter, compared to analyst estimates of $2.14 billion. During the same quarter last year, the firm posted $0.57 earnings per share. Sirius XM's revenue was up 1.0% on a year-over-year basis. On average, equities research analysts forecast that Sirius XM Holdings Inc. will post 3 earnings per share for the current fiscal year.

Sirius XM Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 26th. Shareholders of record on Monday, August 10th were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Monday, August 10th. Sirius XM's payout ratio is presently 43.20%.

Sirius XM 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.

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