On a relative basis, the stock has outperformed the S&P 500 by 1.68% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.97% in the last 1 week, and is up 6.12% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 4.47% and the 50-Day Moving Average is 5.07%.
Sirius XM Holdings (NASDAQ:SIRI): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $4.16 and $4.12 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $4.16. The buying momentum continued till the end and the stock did not give up its gains. It closed at $4.16, notching a gain of 0.48% for the day. The total traded volume was 41,015,632 . The stock had closed at $4.14 on the previous day.
The company Insiders own 0.9% of Sirius XM Holdings shares according to the proxy statements. Institutional Investors own 21.53% of Sirius XM Holdings shares. In a related news, The director, of Sirius Xm Holdings Inc., Mooney James had unloaded 173 shares at $3.91 per share in a transaction on May 24, 2016. The total value of transaction was $676. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.