Rep. August Pfluger Sells Sirius XM Holdings Inc. (NASDAQ:SIRI) Shares

Key Points

• Representative August Pfluger sold shares of Sirius XM Holdings Inc. (NASDAQ:SIRI) for an amount between $1,001 and $15,000 on July 1st, as disclosed in a filing on July 23rd.
• Following its latest earnings report, Sirius XM missed analysts' EPS estimates by $0.11, with reported earnings of $0.59 per share and revenue of $2.07 billion.
• Sirius XM has declared a quarterly dividend of $0.27 per share, which will be paid on August 27th, representing an annualized yield of 4.56%.
• Berkshire Hathaway Inc. increased its stake in Sirius XM by 11.7%, and various institutional investors have significantly raised or acquired stakes in the company recently.

Representative August Pfluger (R-Texas) recently sold shares of Sirius XM Holdings Inc. NASDAQ: SIRI. In a filing disclosed on July 23rd, the Representative disclosed that they had sold between $1,001 and $15,000 in Sirius XM stock on July 1st. The trade occurred in the Representative's "ROTH IRA" account.

Representative August Pfluger also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Liberty Media Corporation - Liberty Live Series C NASDAQ: LLYVK on 7/1/2025.
• Sold $1,001 - $15,000 in shares of Walt Disney NYSE: DIS on 7/1/2025.

Sirius XM Price Performance

SIRI traded down $0.29 on Tuesday, hitting $23.17. 1,538,572 shares of the company were exchanged, compared to its average volume of 4,340,995. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.42 and a current ratio of 0.42. The business's fifty day moving average is $22.78 and its 200 day moving average is $22.70. Sirius XM Holdings Inc. has a fifty-two week low of $18.69 and a fifty-two week high of $36.40. The firm has a market capitalization of $7.83 billion, a P/E ratio of -3.55, a price-to-earnings-growth ratio of 0.34 and a beta of 0.92.

Sirius XM (NASDAQ:SIRI - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The company reported $0.59 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.11). The business had revenue of $2.07 billion during the quarter, compared to analyst estimates of $2.09 billion. Sirius XM had a negative net margin of 25.00% and a positive return on equity of 6.77%. The firm's revenue for the quarter was down 4.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.07 earnings per share. As a group, sell-side analysts anticipate that Sirius XM Holdings Inc. will post 3.2 EPS for the current year.

Sirius XM Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 27th. Shareholders of record on Friday, August 8th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, August 8th. This represents a $1.08 annualized dividend and a yield of 4.66%. Sirius XM's payout ratio is currently -16.56%.

Hedge Funds Weigh In On Sirius XM

Hedge funds have recently made changes to their positions in the business. Opal Wealth Advisors LLC purchased a new stake in Sirius XM during the 1st quarter worth $25,000. Putney Financial Group LLC acquired a new position in Sirius XM during the 4th quarter worth $27,000. Deseret Mutual Benefit Administrators grew its holdings in Sirius XM by 79.3% during the 1st quarter. Deseret Mutual Benefit Administrators now owns 1,594 shares of the company's stock worth $36,000 after acquiring an additional 705 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in Sirius XM by 36.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,836 shares of the company's stock worth $41,000 after acquiring an additional 493 shares in the last quarter. Finally, Itau Unibanco Holding S.A. grew its holdings in Sirius XM by 255.5% during the 4th quarter. Itau Unibanco Holding S.A. now owns 1,838 shares of the company's stock worth $42,000 after acquiring an additional 1,321 shares in the last quarter. Hedge funds and other institutional investors own 10.69% of the company's stock.

Insiders Place Their Bets

In other Sirius XM news, Director Kristina Salen sold 1,651 shares of the firm's stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $22.27, for a total transaction of $36,767.77. Following the completion of the transaction, the director directly owned 15,471 shares of the company's stock, valued at $344,539.17. This trade represents a 9.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.32% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on SIRI. Barrington Research restated an "outperform" rating and set a $28.00 target price on shares of Sirius XM in a research report on Friday, May 2nd. Seaport Res Ptn upgraded shares of Sirius XM from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 8th. Wells Fargo & Company raised their target price on shares of Sirius XM from $16.00 to $19.00 and gave the stock an "underweight" rating in a research report on Wednesday, July 2nd. Rosenblatt Securities decreased their target price on shares of Sirius XM from $24.00 to $22.00 and set a "neutral" rating on the stock in a research report on Friday, May 2nd. Finally, Guggenheim restated a "buy" rating and set a $29.00 target price on shares of Sirius XM in a research report on Thursday, June 26th. Six investment analysts have rated the stock with a sell rating, three have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Sirius XM presently has an average rating of "Hold" and a consensus target price of $26.50.

About Representative Pfluger

August Pfluger (Republican Party) is a member of the U.S. House, representing Texas' 11th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Pfluger (Republican Party) is running for re-election to the U.S. House to represent Texas' 11th Congressional District. He declared candidacy for the 2026 election. August Pfluger lives in San Angelo, Texas. Pfluger graduated from San Angelo High School. He serves in the U.S. Air Force Reserves and has reached the rank of colonel. Pfluger earned a degree from the U.S. Air Force Academy. His career experience includes working as a National Security Council advisor with the Trump administration.

About Sirius XM

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.