Large Outflow of Money Witnessed in Sirius XM Holdings

Sirius XM Holdings (SIRI): The stock had negative money flow to the tune of ($17.73 million) on Friday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $41.51 million, whereas, the outflow of money on downticks was $59.24 million and the ratio between the two was 0.7. The block trade had a negative net money flow of ($8.1 million). The total block trade value undertaken on upticks was $4.01 million. On the other hand, downticks amounted to $12.11 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.33. Sirius XM Holdings (SIRI) closed with marginal gains of 3 cents to end the day at $4.18, an increase of 0.72% over the previous days close. The stock recorded 0.48% for the week.


The company Insiders own 0.9% of Sirius XM Holdings shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7.5% . Institutional Investors own 20.93% of Sirius XM Holdings shares. During last six month period, the net percent change held by insiders has seen a change of -7.5%.

In a related news, The Securities and Exchange Commission has divulged that Altman Dara F, officer (EVP & Chief Admin. Officer) of Sirius Xm Holdings Inc., had unloaded 514,625 shares at an average price of $4.36 in a transaction dated on July 27, 2016. The total value of the transaction was worth $2,243,765.

Sirius XM Holdings (NASDAQ:SIRI): The stock opened at $4.18 and touched an intraday high of $4.19 on Friday. During the day, the stock corrected to an intraday low of $4.15, however, the bulls stepped in and pushed the price higher to close in the green at $4.18 with a gain of 0.72% for the day. The total traded volume for the day was 57,130,702. The stock had closed at $4.15 in the previous trading session.

Sirius XM Holdings (SIRI) : During the past 4 weeks, traders have been relatively bearish on Sirius XM Holdings (SIRI), hence the stock is down -1.28% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.02% relative to the S&P 500. The stock has risen by 0.48% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.42% in the past 4 weeks.

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