The EVP, Sales and Automotive of Sirius XM Radio (NASDAQ: SIRI) is Selling Shares

By Carrie Williams

Today, the EVP, Sales and Automotive of Sirius XM Radio (NASDAQ: SIRI), COOK STEPHEN, sold shares of SIRI for $228.5K.

In addition to COOK STEPHEN, one other SIRI executive reported Sell trades in the last month.

Based on Sirius XM Radio’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $1.28 billion and quarterly net profit of $194 million. In comparison, last year the company earned revenue of $1.17 billion and had a net profit of $167 million. SIRI’s market cap is $22.08B and the company has a P/E ratio of 35.08. Currently, Sirius XM Radio has an average volume of 29.1M.

Based on 5 analyst ratings, the analyst consensus is Strong Buy with an average price target of $5.25, reflecting a -13.1% downside.

The insider sentiment on Sirius XM Radio has been negative according to 35 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Sirius XM Holdings, Inc provides satellite radio broadcasting services. It broadcasts commercial free music; premier sports and live events; news and comedy; exclusive talk and entertainment and a wide variety of Latin commercial-free music, sports, and talk programming. The company was founded in 1990 and is headquartered in New York, NY.