New England Professional Planning Group Inc. bought a new position in shares of Sirius XM Holdings Inc (NASDAQ:SIRI) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 19,031 shares of the company’s stock, valued at approximately $136,000.

Other hedge funds have also bought and sold shares of the company. Tower Research Capital LLC TRC lifted its holdings in shares of Sirius XM by 1.2% in the third quarter. Tower Research Capital LLC TRC now owns 127,121 shares of the company’s stock valued at $796,000 after purchasing an additional 1,502 shares in the last quarter. EP Wealth Advisors LLC increased its position in shares of Sirius XM by 6.6% in the second quarter. EP Wealth Advisors LLC now owns 27,875 shares of the company’s stock valued at $156,000 after acquiring an additional 1,718 shares during the last quarter. HighTower Advisors LLC increased its position in shares of Sirius XM by 0.6% in the second quarter. HighTower Advisors LLC now owns 313,369 shares of the company’s stock valued at $1,758,000 after acquiring an additional 1,727 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Sirius XM by 11.3% in the third quarter. Cetera Investment Advisers now owns 22,171 shares of the company’s stock valued at $139,000 after acquiring an additional 2,250 shares during the last quarter. Finally, Voya Financial Advisors Inc. increased its position in shares of Sirius XM by 9.3% in the third quarter. Voya Financial Advisors Inc. now owns 27,601 shares of the company’s stock valued at $171,000 after acquiring an additional 2,358 shares during the last quarter. Hedge funds and other institutional investors own 17.75% of the company’s stock.

In other news, insider Scott Andrew Greenstein sold 231,992 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $6.77, for a total value of $1,570,585.84. Following the transaction, the insider now owns 945,740 shares of the company’s stock, valued at $6,402,659.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Patrick L. Donnelly sold 396,695 shares of the company’s stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $7.01, for a total value of $2,780,831.95. Following the completion of the transaction, the executive vice president now directly owns 353,418 shares in the company, valued at approximately $2,477,460.18. The disclosure for this sale can be found here. Insiders sold 3,168,885 shares of company stock worth $21,820,069 in the last ninety days. 0.93% of the stock is owned by company insiders.

NASDAQ SIRI traded up $0.06 during trading on Wednesday, reaching $7.17. 20,920,281 shares of the company’s stock were exchanged, compared to its average volume of 19,297,549. The business has a 50 day moving average price of $7.01 and a 200-day moving average price of $6.47. The stock has a market capitalization of $31.65 billion, a P/E ratio of 27.58, a PEG ratio of 2.77 and a beta of 1.01. Sirius XM Holdings Inc has a fifty-two week low of $5.23 and a fifty-two week high of $7.20.

Sirius XM (NASDAQ:SIRI) last posted its earnings results on Thursday, October 31st. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.01). Sirius XM had a net margin of 12.76% and a negative return on equity of 129.67%. The firm had revenue of $2.01 billion during the quarter, compared to analyst estimates of $1.98 billion. During the same period in the previous year, the company posted $0.07 EPS. Sirius XM’s revenue for the quarter was up 37.1% compared to the same quarter last year. On average, analysts forecast that Sirius XM Holdings Inc will post 0.21 earnings per share for the current year.

A number of brokerages have weighed in on SIRI. BidaskClub downgraded Sirius XM from a “buy” rating to a “hold” rating in a research report on Friday, January 10th. Barrington Research reissued a “buy” rating and set a $8.00 price target on shares of Sirius XM in a research report on Thursday, October 31st. ValuEngine downgraded Sirius XM from a “buy” rating to a “hold” rating in a research report on Friday, January 3rd. Pivotal Research reissued a “buy” rating and set a $8.25 price target on shares of Sirius XM in a research report on Tuesday, January 7th. Finally, Morgan Stanley set a $7.50 price target on Sirius XM and gave the stock a “hold” rating in a research report on Friday, November 1st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $7.61.

Sirius XM Profile

Sirius XM Holdings Inc provides satellite radio services in the United States. The company broadcasts music, sports, entertainment, comedy, talk, news, traffic, and weather channels, including various music genres ranging from rock, pop and hip-hop, country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and limited run channels.

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Institutional Ownership by Quarter for Sirius XM (NASDAQ:SIRI)

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