-
Berkshire hathaway has already increased its large share to 37 % of the company.
-
Siriusxm has been overcome where investors seem less than future confidence.
-
The administration reduces costs strongly and introduces new growth initiatives.
We have learned this recently Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) He was again a net seller of stocks in the second quarter of 2025. We have no yet details about what Warren Buffett-He bought and sold blocs, but we know that the shares of several billion dollars have been eliminated.
This has been a continuous trend for Berkshire over the past two years. Buffett and his team unloaded large parts of huge investments in apple (Nasdaq: Aapl) and Bank of America (NYSE: BAC) And completely lower or sold many other major stock positions. We also learned about the recent actions of some Verisign (Nasdaq: vrsn) and Devita (NYSE: Two) Arrows. Berkshire has stopped re -purchasing its own shares at the present time, which was a surprise to many investors after a decrease of more than 10 % in the price of its share.
However, this does not mean that Pavite and his stock belong to him do not buy any shares. In fact, there is one company that continued its stock in Berkshire the purchase, and recently bought more.
According to the last SEC files, Berkshire bought 5 million shares from Siriusxm (Nasdak: Siri) At a cost of about 106.5 million dollars.
Of course, an investment of this size is not huge for Berkashire. In fact, about 0.03 % of the cash stock of $ 344 billion for the company. But it is especially important due to the amount of Berkshire satellite radio now. In fact, after this investment – the latest in a series of additions – Berkshire now has 37 % of Sirius.
The short interpretation is that the Buffett most likely adds more Siriusxm shares because the arrow is very cheap. To this writing, Siriusxm is trading more than 7 times the profit estimates forward. The work is very profitable, as more than a billion dollars flows in the annual free cash flow, and pays a 5 % profit revenue covered with its profits.
To be fair, there is a lot no To love about Siriusxm. Revenue has decreased in recent years, as well as the base of subscribers, which reached its climax in 2019. The free cash flow has decreased by about a third in the past two years, and the company continues to report the decrease in the number of subscribers paid.
https://s.yimg.com/ny/api/res/1.2/rNfU17mCtaZORYHvTRCpvA–/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/motleyfool.com/f664a3efa137cdad48bff93d16ded42d
Source link