Entertainment , Communication Services , Alert
Insider Trading Alert: Berkshire Hathaway Inc Buys Sirius XM Holdings Inc. Stock
On December 17, 2024, Berkshire Hathaway Inc, a key player in Sirius XM Holdings Inc., acquired 3,509,377 shares, raising its stake by 3.08% to 117,468,573 shares, valued at $87.1M. The stock price was $20.58, with valuation ratios indicating potential undervaluation. The insider purchase signals a bullish outlook, predicting a short-term price increase to $22.50 and stabilization around $23.50, driven by oversold RSI levels and market correction expectations.