<div id="readability-page-1"><p>Research analysts at StockNews.com began coverage on shares of <span>Sirius XM (NASDAQ:SIRI - Get Free Report)</span> in a research report issued on Sunday. The brokerage set a &#34;hold&#34; rating on the stock.</p><ul><li>Is it Time to Buy These 5 Oversold Stocks?</li></ul><p>Several other research firms also recently issued reports on SIRI. Seaport Res Ptn raised shares of Sirius XM from a &#34;neutral&#34; rating to a &#34;buy&#34; rating in a research note on Monday, April 29th. Deutsche Bank Aktiengesellschaft dropped their target price on Sirius XM from $3.75 to $3.00 and set a &#34;hold&#34; rating on the stock in a research report on Tuesday, August 6th. Wells Fargo &amp; Company reduced their price target on Sirius XM from $3.00 to $2.50 and set an &#34;underweight&#34; rating for the company in a report on Wednesday, May 1st. Guggenheim dropped their price objective on Sirius XM from $3.30 to $2.90 and set a &#34;neutral&#34; rating on the stock in a report on Thursday, June 27th. Finally, Pivotal Research upgraded Sirius XM from a &#34;hold&#34; rating to a &#34;buy&#34; rating and reduced their target price for the company from $5.05 to $4.90 in a research note on Wednesday, April 24th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Sirius XM presently has an average rating of &#34;Hold&#34; and a consensus target price of $3.80.</p><p><b>Check Out Our Latest Stock Analysis on Sirius XM</b></p><h2>Sirius XM Stock Up 0.2 %</h2><ul><li>Spotify sounding better to analysts as company tunes into profits</li></ul><p>Shares of NASDAQ:SIRI opened at $3.14 on Friday. The company has a market capitalization of $12.08 billion, a price-to-earnings ratio of 9.52, a price-to-earnings-growth ratio of 1.06 and a beta of 1.08. The company has a 50 day moving average of $3.15 and a two-hundred day moving average of $3.61. Sirius XM has a 52-week low of $2.45 and a 52-week high of $5.78. </p><h2>Insider Transactions at Sirius XM</h2><p>In related news, insider Scott Andrew Greenstein sold 1,447,238 shares of the business's stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $3.16, for a total transaction of $4,573,272.08. Following the completion of the sale, the insider now owns 989,331 shares of the company's stock, valued at approximately $3,126,285.96. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other news, insider Scott Andrew Greenstein sold 1,447,238 shares of the business's stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $3.16, for a total transaction of $4,573,272.08. Following the completion of the transaction, the insider now owns 989,331 shares of the company's stock, valued at $3,126,285.96. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Kristina Salen sold 12,518 shares of the company's stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $2.60, for a total transaction of $32,546.80. Following the completion of the transaction, the director now owns 169,309 shares of the company's stock, valued at approximately $440,203.40. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,472,274 shares of company stock worth $4,638,616. 0.79% of the stock is currently owned by insiders. </p><h2>Institutional Investors Weigh In On Sirius XM</h2><ul><li>MarketBeat Week in Review – 1/1 - 1/5</li></ul><p>A number of institutional investors have recently added to or reduced their stakes in SIRI. Mather Group LLC. bought a new stake in shares of Sirius XM in the 2nd quarter worth $28,000. First PREMIER Bank bought a new stake in Sirius XM in the first quarter worth about $31,000. Walker Asset Management LLC acquired a new stake in Sirius XM in the 2nd quarter valued at about $33,000. Plato Investment Management Ltd bought a new position in shares of Sirius XM during the 2nd quarter valued at about $35,000. Finally, Strategic Financial Concepts LLC acquired a new position in shares of Sirius XM in the 2nd quarter worth approximately $36,000. 10.69% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Sirius XM Company Profile</h2> (Get Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Sirius XM</li><li>The How and Why of Investing in Gold Stocks</li><li>MarketBeat Week in Review – 8/5 - 8/9</li><li>Why Invest in 5G? How to Invest in 5G Stocks  </li><li>Cassava Sciences: A Hot Stock to Trade, Invest, or Avoid?</li><li>REIT Stocks - Best REIT Stocks to Add to Your Portfolio Today</li><li>The Cannabis Sector: Profitability Takes Center Stage</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U0lSSQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U0lSSQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><p>→ Kamala Harris’ Woke Politics Could Lead to 50% Stock Collapse <span><span>(From Paradigm Press)</span> <span>(Ad)</span></span><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05MTIz?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" height="1" width="1" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05MTIz"/></p><h2>Should you invest $1,000 in Sirius XM right now?</h2><p>Before you consider Sirius XM, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sirius XM wasn't on the list.</p><p>While Sirius XM currently has a &#34;Hold&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p> </div>

SIRI

<p>StockNews.com has started coverage on Sirius XM (NASDAQ:SIRI) with a "hold" rating. Other research firms have also issued reports on SIRI, with ratings ranging from "neutral" to "buy". The company's stock price is currently at $3.14 with a market capitalization of $12.08 billion. Insiders have recently sold a significant amount of shares. Institutional investors hold 10.69% of the stock. Sirius XM operates as an audio entertainment company in North America.</p>

Sirius XM (NASDAQ:SIRI) Now Covered by Analysts at StockNews.com