BUZZ-Sirius XM rises as Buffett's Berkshire ups stake to 34.6%

Reuters
2024-12-20
BUZZ-Sirius XM rises as Buffett's Berkshire ups stake to 34.6%

** Sirius XM's SIRI.O shares rise 1.8% to $21.95 premarket, as Warren Buffett's Berkshire Hathaway BRKa.N boosted stake in the satellite-radio broadcaster

** Berkshire bought about 5 mln shares worth $107 mln from Tuesday to Thursday this week, according to SEC filing on Thursday; it now owns 34.6% of the company

** Berkshire had bought ~2.2 mln shares worth ~$60.7 mln last month

** Sirius XM began trading under a new structure in September after announcing the completion of a split-off and merger with Liberty Media

** Of 14 analysts covering SIRI, three rate it "strong buy" or "buy", five "hold", and six "sell" or "strong sell"; median PT is $28 - LSEG data

(Reporting by Sanchayaita Roy in Bengaluru)

((Sanchayaita.roy@thomsonreuters.com))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10