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Berkshire Hathaway continued to accumulate shares of Liberty Sirius XM Holdings in recent days and now holds over 30% of the tracking stock for Sirius XM Holdings, the satellite ratio company.
Berkshire Hathaway continued to add to its large stake in Sirius XM Holdings, the satellite radio company, buying 2.2 million shares for about $60 million in recent days, according to a Form 4 ...
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That represents a fairly reliable and predictable revenue stream that's less exposed to seasonal ups and downs. Solidifying this revenue stream is that Sirius XM has a monopoly in its niche: It's the ...
However, Berkshire Hathaway did already hold a small, 10 million share position in SiriusXM, as well as a position in LSXMK. That latter position is currently valued at $1.48 billion.
It isn't hard to find motivation to hold Sirius XM. Berkshire Hathaway owns more than a third of its shares outstanding. Not only that, Warren Buffett's holding company has increased its stake three ...
Is Warren Buffett the new king of all media? Sirius XM Holdings (NASDAQ: SIRI) is growing into a significant position for Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). The Oracle of Omaha ...
Sirius XM offers a predictable revenue stream through its subscription-based model and has strong operating margins and cash flow. Warren Buffett's Berkshire Hathaway owns 35% of SIRI. Despite ...
Brett Carlsen / Getty Images Warren Buffett's Berkshire Hathaway boosted its stake in Sirius XM Holdings. Berkshire added more than 96 million shares in the second quarter. The news lifted Sirius ...
To say that SiriusXM (NASDAQ: SIRI ... due to a sharp rally in February when it was revealed that Warren Buffett's Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) had increased its stake to about ...