实际上，伯克希尔今年以来已多次加码Sirius XM的股票，上一次增持该股是在10月中旬，当时买入了价值超4200万美元的SiriusXM。Berkshire currently holds 0.1125 billion shares of Sirius XM stocks, with a 33.2% stake, worth $3 billion. Analysts pointed out that Berkshire has increased its holdings of Sirius XM multiple times, which may reflect the company's global strategy to increase its media and technology assets portfolio.
According to a document submitted to the U.S. Securities and Exchange Commission (SEC) on Thursday evening, 'Stock God' Buffett's Berkshire Hathaway continued to significantly increase its stake in the satellite broadcasting company $Sirius XM (SIRI.US)$by buying approximately 2.2 million shares of the company at a price of around $60 million in recent days.
On Tuesday, Wednesday, and Thursday this week, $Berkshire Hathaway-B (BRK.B.US)$ purchased these shares at an average price of $27 per share. After the latest increase, Berkshire currently holds 0.1125 billion shares of Sirius XM stocks, with a 33.2% stake, worth $3 billion. Berkshire was already the largest shareholder of Sirius XM.
In fact, Berkshire Hathaway has added to its Sirius XM stocks several times this year, with the last increase taking place in mid-October when it bought over $42 million worth of SiriusXM stocks.
Berkshire's current investment in Sirius XM does not appear to be successful, as subscription user growth faces resistance and revenue growth stagnates, Sirius XM's stock price has fallen by over 50% this year.
In pre-market trading on Friday, Sirius XM's stock price rose by 2.51%. During regular trading hours, the stock fell by about 2.7%, after the company released lower-than-expected performance reports.
Sirius XM is a North American radio entertainment company that provides live broadcasts, planning, and other services through satellite broadcasting, offering content such as music, sports, drama, talk shows, news, mainly maintaining stable profits through in-car scenarios. SiriusXM also acquired the former music streaming giant Pandora.
The official website shows that SiriusXM's revenue for the 2023 fiscal year reached $8.95 billion, with EBITDA and net income of $2.79 billion and $1.26 billion respectively. The number of listeners reached 0.15 billion, with approximately 34 million subscribers.
Some analysts pointed out that Berkshire Hathaway has increased its holdings of Sirius XM several times, which may reflect the company's strategic goal of increasing its media and technology asset portfolio.
Currently, Berkshire's entire investment portfolio is worth over $300 billion. As of the end of the second quarter, $Apple (AAPL.US)$Please use your Futubull account to access the feature.$Bank of America (BAC.US)$N/A.$American Express (AXP.US)$,coca-cola (KO.US) ,$Chevron (CVX.US)$It is its top five holdings. Berkshire will announce its third-quarter financial report this Saturday, at which time share buyback, cash reserves level, and the size of Apple stock holdings will all become focus points.
Editor/Rocky
