SIRIUS XM HOLDINGS INC.
boothcheck covers SIRIUS XM HOLDINGS INC. (SIRI) but does not put one priced-in number on it: here the defensible answer is the evidence rather than a point estimate. boothcheck publishes no house fair value, target price, or buy/sell rating. Narrative composed June 28, 2026.
• SiriusXM runs two businesses under one roof: a satellite-radio subscription service with a captive in-car audience, where self-pay monthly churn ran about 1.6% in 2024, and the ad-supported Pandora and off-platform business that competes directly with streaming. • The price pays only about 10 times through-the-cycle operating income, low enough that it sits below what even a slow decline in operating profit would justify, so the market is treating this as a melting-ice-cube cash generator rath
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545 institutional managers reported holding SIRI in 13F filings for the quarter ended 2026-03-31. Together they hold about 73% of the company; the top 10 hold 52%. 105 opened new positions that quarter. Held by Berkshire Hathaway, Vanguard Group, BlackRock, among others. On the short side, 36.6M shares were sold short as of the 2026-06-15 count, about 10% of shares outstanding (4.8 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
SIRI has cut its share count 17.4% over the past five years, spending $1.73B on repurchases. It pays a dividend, and has for 10 years running; the current rate is $0.10 a share annually. Cash returned over the past three years: $703.00M in dividends and $217.00M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at SIRI over the trailing three years: 2023: 1 buy totaling $1.03M; 2024: 15 buys totaling $296.80M; 2025: 8 buys totaling $160.41M. 25 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
SIRI's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2022-11-02 | +0.5% | -3.5% |
| 2023-02-03 | -11.0% | -23.5% |
| 2023-04-28 | +4.1% | +19.2% |
| 2023-08-02 | -2.8% | -10.3% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
SIRI's latest 8-K filings: 2026-07-30 (items 2.02, 7.01, 9.01); 2026-07-30 (items 5.02, 9.01); 2026-06-01 (items 5.02, 5.07, 9.01); 2026-04-30 (items 2.02, 7.01, 9.01); 2026-03-10 (items 8.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 28, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.