Buffett’s Berkshire Hathaway buys more Sirius XM stock

Berkshire Hathaway added to its sizable investment in Sirius XM Holdings in recent days, buying 2.3 million shares for about ...
Berkshire Hathaway (BRK.A) (BRK.B), led by legendary investor Warren Buffett, recently raised its stake in satellite radio ...
One of the more interesting turnaround stories in the market is that of Sirius XM Holdings. As the stock plunged by more than ...
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.
Sirius XM is now trading for seven times forward earnings, yielding more than 5%. Berkshire Hathaway's increased position as well as Sirius XM's aggressive stock buybacks should make it easier ...
Shares of satellite radio and media company Sirius XM (NASDAQ:SIRI) jumped 6.4% in the morning session after the company ...
Buffett increased Berkshire Hathaway's SiriusXM holdings to 119.77 million shares worth over £2.25 billion as the radio ...