Sirius XM (NASDAQ:SIRI) Shares Unloaded Sen. John W. Hickenlooper

Senator John W. Hickenlooper (D-Colorado) recently sold shares of Sirius XM Holdings Inc. NASDAQ: SIRI. In a filing disclosed on May 26th, the Senator disclosed that they had sold between $50,001 and $100,000 in Sirius XM stock on April 25th.

Senator John W. Hickenlooper also recently made the following trade(s):

• Purchased $250,001 - $500,000 in shares of Liberty Broadband NASDAQ: LBRDK on 5/9/2025.
• Purchased $100,001 - $250,000 in shares of Formula One Group NASDAQ: FWONK on 5/9/2025.
• Purchased $100,001 - $250,000 in shares of Liberty Broadband NASDAQ: LBRDK on 5/9/2025.
• Sold $100,001 - $250,000 in shares of Liberty Broadband NASDAQ: LBRDK on 5/9/2025.
• Sold $250,001 - $500,000 in shares of Formula One Group NASDAQ: FWONK on 5/9/2025.
• Sold $250,001 - $500,000 in shares of Liberty Broadband NASDAQ: LBRDK on 5/9/2025.
• Sold $15,001 - $50,000 in shares of Formula One Group NASDAQ: FWONK on 5/9/2025.
• Sold $50,001 - $100,000 in shares of Formula One Group NASDAQ: FWONK on 3/18/2025.

Sirius XM Stock Down 3.1%

NASDAQ:SIRI traded down $0.70 during mid-day trading on Friday, hitting $21.69. 3,510,922 shares of the company's stock were exchanged, compared to its average volume of 5,129,221. Sirius XM Holdings Inc. has a one year low of $18.69 and a one year high of $41.60. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.42 and a quick ratio of 0.42. The business has a fifty day moving average price of $21.39 and a 200 day moving average price of $23.14. The company has a market cap of $7.33 billion, a PE ratio of -3.38, a P/E/G ratio of 0.79 and a beta of 0.90.

Sirius XM (NASDAQ:SIRI - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.11). The firm had revenue of $2.07 billion during the quarter, compared to analysts' expectations of $2.09 billion. Sirius XM had a positive return on equity of 13.44% and a negative net margin of 24.03%. The firm's quarterly revenue was down 4.3% on a year-over-year basis. During the same period last year, the firm posted $0.07 earnings per share. Equities analysts predict that Sirius XM Holdings Inc. will post 3.2 EPS for the current year.

Sirius XM Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 28th. Investors of record on Friday, May 9th were paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 4.98%. The ex-dividend date of this dividend was Friday, May 9th. Sirius XM's payout ratio is currently -16.56%.

Insider Activity at Sirius XM

In related news, Director Kristina Salen sold 1,651 shares of the business's stock in a transaction that occurred 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 sale, the director now directly owns 15,471 shares in the company, valued at approximately $344,539.17. The trade was a 9.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 3.32% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several brokerages have issued reports on SIRI. Barrington Research reaffirmed an "outperform" rating and issued a $28.00 target price on shares of Sirius XM in a report on Friday, May 2nd. Rosenblatt Securities decreased their target price on shares of Sirius XM from $24.00 to $22.00 and set a "neutral" rating for the company in a report on Friday, May 2nd. Finally, Seaport Res Ptn raised shares of Sirius XM from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 8th. Six investment analysts have rated the stock with a sell rating, four have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $26.65.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Berkshire Hathaway Inc raised its holdings in shares of Sirius XM by 11.7% during the fourth quarter. Berkshire Hathaway Inc now owns 117,468,573 shares of the company's stock valued at $2,678,283,000 after purchasing an additional 12,313,544 shares during the last quarter. Geode Capital Management LLC grew its position in Sirius XM by 4.1% during the fourth quarter. Geode Capital Management LLC now owns 3,914,785 shares of the company's stock valued at $89,284,000 after buying an additional 154,765 shares during the period. Fuller & Thaler Asset Management Inc. grew its position in Sirius XM by 661.3% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 3,577,176 shares of the company's stock valued at $80,630,000 after buying an additional 3,107,313 shares during the period. LSV Asset Management grew its position in Sirius XM by 41.5% during the first quarter. LSV Asset Management now owns 3,197,800 shares of the company's stock valued at $72,094,000 after buying an additional 937,500 shares during the period. Finally, Ameriprise Financial Inc. grew its position in Sirius XM by 42.0% during the first quarter. Ameriprise Financial Inc. now owns 2,345,364 shares of the company's stock valued at $52,876,000 after buying an additional 693,473 shares during the period. 10.69% of the stock is owned by hedge funds and other institutional investors.

About Senator Hickenlooper

John Hickenlooper (Democratic Party) is a member of the U.S. Senate from Colorado. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Hickenlooper (Democratic Party) ran for election to the U.S. Senate to represent Colorado. He won in the general election on November 3, 2020. Hickenlooper also ran for election for President of the United States. He did not appear on the ballot for the Democratic convention on August 18, 2020. Hickenlooper was the 42nd governor of Colorado from 2011 to 2019. He was prevented by term limits from seeking re-election in 2018. On March 4, 2019, Hickenlooper announced that he was running for president of the United States. On August 15, 2019, Hickenlooper suspended his presidential campaign. Hickenlooper previously served as mayor of Denver from 2003 to 2011, during which time the city hosted the 2008 Democratic National Convention. John Hickenlooper was born in Narberth, Pennsylvania. Hickenlooper earned a bachelor's degree and a master's degree in geology from Wesleyan University in 1974 and 1980, respectively. His career experience includes working with Buckhorn Petroleum and founding a brewpub.

Sirius XM Company Profile

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.