In a regulatory filing last night, Berkshire Hathaway (BRK.A) disclosed that it bought 2.3M shares of Sirius XM (SIRI) on January 30th as part of option exercise in a total transaction size of $54.0M. Shares of Sirius XM are up 3% in pre-market trading at $24.78.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SIRI:
- Insider Trading: Warren Buffett’s Berkshire Ups Stake in SiriusXM (SIRI) Post Q4 Results
- Sirius XM price target lowered to $21 from $23 at BofA
- Sirius XM price target lowered to $24 from $29 at Rosenblatt
- SiriusXM Surges with Strong Q4 Earnings and Strategic Partnerships
- SiriusXM Earnings Call Highlights Growth Amid Challenges