Revenue Update on Sirius XM Holdings(NASDAQ:SIRI)

Sirius XM Holdings(NASDAQ:SIRI) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 26, 2016. Company reported revenue of $1.24B. Analysts estimated a revenue of $1.22B. Earnings per share were $0.03. Analysts had estimated an EPS of $0.04.

In a different note, Telsey Advisory Group said it Initiates Coverage on Sirius XM Holdings, according to a research note issued on Jul 12, 2016. The shares have been rated ‘Market Perform’ by the firm.

Sirius XM Holdings (SIRI) made into the market gainers list on Fridays trading session with the shares advancing 0.69% or 0.03 points. Due to strong positive momentum, the stock ended at $4.39, which is also near the day’s high of $4.44. The stock began the session at $4.34 and the volume stood at 5,00,87,441 shares. The 52-week high of the shares is $4.44 and the 52 week low is $3.29. The company has a current market capitalization of $21,414 M and it has 4,87,78,89,200 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On May 26, 2016, James Mooney (director) sold 173 shares at $3.91 per share price.Also, On May 20, 2016, James P Holden (director) sold 145 shares at $3.90 per share price.On Mar 2, 2016, Joan Lordi Amble (director) sold 97,606 shares at $3.76 per share price, according to the Form-4 filing with the securities and exchange commission.

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