Sirius XM Target of Unusually Large Options Trading (NASDAQ:SIRI)

Sirius XM Holdings Inc. (NASDAQ:SIRI) was the target of some unusual options trading on Thursday. Stock investors acquired 62,343 call options on the company. This represents an increase of approximately 222% compared to the average volume of 19,384 call options.

Key Headlines Impacting Sirius XM

Here are the key news stories impacting Sirius XM this week:

• Positive Sentiment: Q1 beat on both EPS and revenue — Sirius XM reported $0.72 EPS vs. a $0.70 consensus and revenue of $2.09B vs. $2.07B consensus; EPS rose from $0.59 a year ago, showing operating leverage. Sirius XM (SIRI) Beats Q1 Earnings and Revenue Estimates
• Positive Sentiment: Early-stage merger talks with iHeartMedia surfaced this week, adding M&A upside to the stock’s narrative; even preliminary talks can lift sentiment and re-rate the company on takeover/strategic value. SiriusXM and iHeartMedia in early merger talks
• Neutral Sentiment: FY?2026 guidance was updated and appears largely in line with street expectations (company cited revenue around $8.5B), so guidance did not provide a strong surprise to amplify the move. SiriusXM Reports First Quarter 2026 Operating and Financial Results
• Neutral Sentiment: Valuation/analyst context: consensus expects ~3.1 EPS for the year, SIRI sports a modest PE (~12) and PEG (~0.7) — attractive to value investors but reflective of mature growth expectations. Sirius XM (SIRI) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
• Negative Sentiment: Liquidity remains a potential concern — quick and current ratios are low (~0.30), which could limit financial flexibility and would matter if growth or M&A requires cash. (See company filings/metrics above.)
• Negative Sentiment: Trading volume today is below the stock’s average, which can make price moves more volatile and indicates less conviction behind the move. Sirius XM Price & Volume Summary

Sirius XM Stock Down 0.4%

Shares of SIRI traded down $0.12 during midday trading on Thursday, reaching $26.64. 4,468,400 shares of the stock were exchanged, compared to its average volume of 5,120,627. The company has a market cap of $8.97 billion, a price-to-earnings ratio of 11.86, a P/E/G ratio of 0.70 and a beta of 0.85. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.75. Sirius XM has a 12-month low of $19.41 and a 12-month high of $28.77. The firm has a 50 day simple moving average of $23.36 and a 200-day simple moving average of $21.94.

Sirius XM (NASDAQ:SIRI) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.70 by $0.02. The business had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.07 billion. Sirius XM had a return on equity of 8.93% and a net margin of 9.41%.The firm’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.59 EPS. Research analysts forecast that Sirius XM will post 3.1 EPS for the current year.

Sirius XM Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 27th. Shareholders of record on Monday, May 11th will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Monday, May 11th. Sirius XM’s payout ratio is currently 48.21%.

Analyst Ratings Changes

Several brokerages recently issued reports on SIRI. Guggenheim reissued a “buy” rating and issued a $34.00 price objective (up from $29.00) on shares of Sirius XM in a research note on Friday, April 24th. Moffett Nathanson began coverage on Sirius XM in a research note on Tuesday, January 27th. They set a “neutral” rating and a $21.00 target price on the stock. Barrington Research reiterated an “outperform” rating and issued a $28.00 target price on shares of Sirius XM in a report on Thursday, February 5th. Weiss Ratings cut shares of Sirius XM from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, February 6th. Finally, Rosenblatt Securities raised shares of Sirius XM from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $24.00 to $46.00 in a research report on Thursday, April 23rd. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $27.44.

Institutional Investors Weigh In On Sirius XM

Several institutional investors and hedge funds have recently modified their holdings of SIRI. Berkshire Hathaway Inc boosted its holdings in Sirius XM by 4.2% in the third quarter. Berkshire Hathaway Inc now owns 124,807,117 shares of the company’s stock worth $2,904,886,000 after purchasing an additional 5,030,425 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Sirius XM by 165.2% during the 2nd quarter. AQR Capital Management LLC now owns 5,191,440 shares of the company’s stock worth $117,327,000 after acquiring an additional 3,233,922 shares in the last quarter. Norges Bank bought a new stake in shares of Sirius XM during the 4th quarter worth about $57,124,000. Hsbc Holdings PLC increased its holdings in shares of Sirius XM by 858.4% during the 4th quarter. Hsbc Holdings PLC now owns 2,076,539 shares of the company’s stock valued at $41,726,000 after acquiring an additional 1,859,872 shares during the last quarter. Finally, Pacer Advisors Inc. bought a new position in shares of Sirius XM in the 4th quarter valued at approximately $34,548,000. Institutional investors and hedge funds own 10.69% of the company’s stock.

Sirius XM Company Profile

Sirius XM Holdings Inc is a leading audio entertainment company specializing in subscription-based satellite and streaming radio services. Formed in 2008 through the merger of Sirius Satellite Radio and XM Satellite Radio, the company delivers a broad range of programming across music, sports, news, talk and comedy channels. Sirius XM’s offerings include exclusive live sports play-by-play, artist-curated music channels, news coverage from major networks and original talk and entertainment series.

Headquartered in New York City, Sirius XM serves listeners throughout the United States and Canada, reaching tens of millions of subscribers.