SIRI Sirius XM
Sirius XM Holdings Inc. is the leading audio entertainment company in North America, and the premier programmer and platform for subscription and digital advertising-supported audio products. Pandora, a subsidiary of SiriusXM, is the largest ad-supported audio entertainment streaming service in the U.S. SiriusXM and Pandora's properties reach more than 150 million listeners, the largest addressable audience in the U.S., across all categories of digital audio - music, sports, talk, and podcasts. SiriusXM's acquisitions of Stitcher and Simplecast, alongside industry-leading ad tech company AdsWizz, make it a leader in podcast hosting, production, distribution, analytics and monetization. SiriusXM, through Sirius XM Canada Holdings, Inc., also offers satellite radio and audio entertainment in Canada. In addition to its audio entertainment businesses, SiriusXM offers connected vehicle services to automakers.
Company profile
Ticker
SIRI
Exchange
Website
CEO
James Meyer
Employees
Location
Fiscal year end
Sector
Industry (SIC)
Former names
CD RADIO INC, SIRIUS SATELLITE RADIO INC, SIRIUS XM RADIO INC.
SEC CIK
Corporate docs
IRS number
383916511
SIRI stock data
()
News
Earnings Scheduled For July 27, 2021
27 Jul 21
SiriusXM Unveils New Platinum VIP Subscription
26 Jul 21
SiriusXM Adds Further $2B To Buyback Program
19 Jul 21
Amid 'Space Jam' Sequel Success, LeBron James' SpringHill Media Seeks Investors
19 Jul 21
Pandora Expands 'Billionaires' Artist Milestone Program with Launch of New Stations
15 Jul 21
Press releases
SiriusXM Unveils New Platinum VIP Subscription
26 Jul 21
SiriusXM Declares Quarterly Cash Dividend and Adds a Further $2 Billion to Stock Repurchase Program
19 Jul 21
Pandora Expands 'Billionaires' Artist Milestone Program with Launch of New Stations
15 Jul 21
SiriusXM Connected Vehicle named 2020 Company of the Year in the Telematics Industry by Frost & Sullivan for its Connected Vehicle Platform and Groundbreaking New Safety Solution, ACN+
13 Jul 21
The 149th Open Championship Live on SiriusXM
12 Jul 21
Calendar
28 Apr 21
27 Jul 21
31 Dec 21
Financial summary
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Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Financial data from Sirius XM earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 67M | 67M | 67M | 67M | 67M | 67M |
| Cash burn (monthly) | 5.33M | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) |
| Cash used (since last report) | 20.71M | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 46.29M | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 8.7 | n/a | n/a | n/a | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 9 Jun 21 | James E Meyer | Common Stock | Payment of exercise | Dispose F | No | No | 7.21 | 1,914,323 | 13.8M | 1,812,243 |
| 9 Jun 21 | James E Meyer | Common Stock | Sell | Dispose S | No | No | 7.111 | 585,677 | 4.16M | 3,726,566 |
| 9 Jun 21 | James E Meyer | Common Stock | Option exercise | Aquire M | No | No | 3.9 | 2,500,000 | 9.75M | 4,312,243 |
| 9 Jun 21 | James E Meyer | Stock Option Common Stock | Option exercise | Dispose M | No | No | 3.9 | 2,500,000 | 9.75M | 3,779,313 |
| 9 Jun 21 | Patrick L Donnelly | Common Stock | Payment of exercise | Dispose F | No | No | 6.955 | 1,496,549 | 10.41M | 619,619 |
| 9 Jun 21 | Patrick L Donnelly | Common Stock | Option exercise | Aquire M | No | No | 4.61 | 1,807,549 | 8.33M | 2,116,168 |
| 9 Jun 21 | Patrick L Donnelly | Stock Option Common Stock | Option exercise | Dispose M | No | No | 4.61 | 1,807,549 | 8.33M | 0 |
| 4 Jun 21 | James E Meyer | Common Stock | Grant | Aquire A | No | No | 0 | 27,048 | 0 | 1,812,243 |
| 4 Jun 21 | Evan Daniel Malone | Common Stock | Grant | Aquire A | No | No | 0 | 27,048 | 0 | 136,616 |
| 4 Jun 21 | Maffei Gregory B | Common Stock | Grant | Aquire A | No | No | 0 | 27,048 | 0 | 505,188 |
Institutional ownership Q1 2021
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
13.8% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 617 |
| Opened positions | 67 |
| Closed positions | 104 |
| Increased positions | 169 |
| Reduced positions | 227 |
13F shares |
Current |
|---|---|
| Total value | 3.43B |
| Total shares | 562.52M |
| Total puts | 6.47M |
| Total calls | 13.07M |
| Total put/call ratio | 0.5 |
Largest owners |
Shares | Value |
|---|---|---|
| BLK Blackrock | 87.12M | $530.56M |
| Vanguard | 64M | $389.74M |
| BRK.A Berkshire Hathaway | 43.66M | $265.88M |
| STT State Street | 28.39M | $172.88M |
| DSM Capital Partners | 27.94M | $170.16M |
| Arrowstreet Capital, Limited Partnership | 20.54M | $125.12M |
| Geode Capital Management | 18.55M | $112.93M |
| Nordea Investment Management Ab | 10.94M | $67.43M |
| Zimmer Partners | 10.6M | $64.55M |
| GS Goldman Sachs | 10.47M | $63.75M |
Financial report summary
?Management Discussion
- Set forth below are our results of operations for the three months ended March 31, 2021 compared with the three months ended March 31, 2020. The results of operations are presented for each of our reporting segments for revenue and cost of services and on a consolidated basis for all other items.
- Sirius XM Subscriber Revenue includes fees charged for self-pay and paid promotional subscriptions, U.S. Music Royalty Fees and other ancillary fees.
- For the three months ended March 31, 2021 and 2020, subscriber revenue was $1,481 and $1,457, respectively, an increase of 2%, or $24. The increase was primarily driven by growth in our self-pay subscriber base driving higher self-pay revenue and U.S. Music Royalty Fees, partially offset by lower revenue generated from automakers offering paid promotional subscriptions.
Content analysis
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| Legalese | ||
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| Readability |
8th grade Good
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New words:
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Removed:
affecting, annually, applying, attributed, auto, Automatic, calculating, called, canceled, cancellation, capped, closed, converting, cruise, declined, encounter, footnote, forma, gain, incorporation, indefinitely, instrument, irrevocably, modify, negatively, NOL, page, predecessor, pro, raw, received, recent, reconcile, redemption, reflected, render, reorganization, retention, revalued, reversal, role, sporting, staffing, successor, summer, taxable, tender, tendered, theme, thereof, thereon, trial, unclear, Unemployment, unpaid, unwound, upfront, utilize, validly, withdrawn, workforce, written
Financial reports
10-Q
2021 Q1
Quarterly report
28 Apr 21
10-K
2020 FY
Annual report
2 Feb 21
10-Q
2020 Q3
Quarterly report
22 Oct 20
10-Q
2020 Q2
Quarterly report
30 Jul 20
10-Q
2020 Q1
Quarterly report
28 Apr 20
10-K
2019 FY
Annual report
4 Feb 20
10-Q
2019 Q3
Quarterly report
31 Oct 19
10-Q
2019 Q2
Quarterly report
30 Jul 19
10-Q
2019 Q1
Quarterly report
24 Apr 19
10-K
2018 FY
Annual report
30 Jan 19
Current reports
8-K
Entry into a Material Definitive Agreement
21 Jun 21
8-K
Other Events
14 Jun 21
8-K
Sirius XM Radio Inc. Prices Offering of $2.0 Billion of
7 Jun 21
8-K
Sirius XM Radio Inc. Intends To Offer $1.5 Billion Of
7 Jun 21
8-K
Submission of Matters to a Vote of Security Holders
4 Jun 21
8-K
Departure of Directors or Certain Officers
7 May 21
8-K
SiriusXM Reports First Quarter 2021 Results
28 Apr 21
8-K
Departure of Directors or Certain Officers
17 Feb 21
8-K
SiriusXM Reports Fourth Quarter and Full Year 2020 Results
2 Feb 21
8-K
Departure of Directors or Certain Officers
28 Jan 21
Registration and prospectus
S-8
Registration of securities for employees
1 Feb 19
S-8 POS
Registration of securities for employees (post-effective amendment)
1 Feb 19
425
Business combination disclosure
26 Dec 18
424B3
Prospectus supplement
20 Dec 18
S-4/A
Registration of securities issued in business combination transactions (amended)
19 Dec 18
S-4/A
Registration of securities issued in business combination transactions (amended)
14 Dec 18
S-4/A
Registration of securities issued in business combination transactions (amended)
30 Nov 18
425
Business combination disclosure
19 Nov 18
S-4
Registration of securities issued in business combination transactions
31 Oct 18
425
Business combination disclosure
25 Sep 18
Proxies
DEFA14A
Additional proxy soliciting materials
20 Apr 21
DEF 14A
Definitive proxy
20 Apr 21
DEFA14A
Additional proxy soliciting materials
21 Apr 20
DEF 14A
Definitive proxy
21 Apr 20
DEFA14A
Additional proxy soliciting materials
22 Apr 19
DEF 14A
Definitive proxy
22 Apr 19
DEF 14A
Definitive proxy
22 Apr 18
DEFA14A
Additional proxy soliciting materials
22 Apr 18
DEF 14A
Definitive proxy
3 Apr 17
DEFA14A
Additional proxy soliciting materials
3 Apr 17
Other
EFFECT
Notice of effectiveness
21 Dec 18
UPLOAD
Letter from SEC
7 Jun 16
CORRESP
Correspondence with SEC
10 May 16
UPLOAD
Letter from SEC
4 May 16
UPLOAD
Letter from SEC
10 Jun 14
CORRESP
Correspondence with SEC
28 May 14
CORRESP
Correspondence with SEC
26 May 14
CORRESP
Correspondence with SEC
13 Apr 14
UPLOAD
Letter from SEC
6 Apr 14
NO ACT
No action letter
29 Sep 13
Ownership
11-K
Annual report of employee stock purchases
17 Jun 21
4
SIRIUS XM / JAMES E MEYER ownership change
11 Jun 21
4
SIRIUS XM / PATRICK L DONNELLY ownership change
11 Jun 21
4
SIRIUS XM / CARL E VOGEL ownership change
7 Jun 21
4
SIRIUS XM / Kristina Salen ownership change
7 Jun 21
4
SIRIUS XM / Michael Rapino ownership change
7 Jun 21
4
SIRIUS XM / David Zaslav ownership change
7 Jun 21
4
SIRIUS XM / Jonelle Procope ownership change
7 Jun 21
4
SIRIUS XM / JAMES E MEYER ownership change
7 Jun 21
4
SIRIUS XM / EVAN DANIEL MALONE ownership change
7 Jun 21
Patents
APP
Utility
Detecting Sensor-Based Interactions with Client Device in Conjunction with Presentation of Content
15 Jul 21
A content replacement system sends a content item with one or more content replacement parts to be consumed by a user of a client device.
APP
Utility
In-vehicle Contextual Promotions
8 Jul 21
Methods and a system for in-vehicle contextual promotions are described herein.
GRANT
Utility
Increasing the likelihood of receiving feedback for content items
27 Apr 21
A content server system provides content items to a plurality of users in a content stream.
GRANT
Utility
Detecting sensor-based interactions with client device in conjunction with presentation of content
27 Apr 21
A content replacement system sends a content item with one or more content replacement parts to be consumed by a user of a client device.
GRANT
Utility
Cold-start podcast recommendations
9 Mar 21
A system and a method are disclosed for recommending podcasts.
Transcripts
2021 Q1
Earnings call transcript
28 Apr 21
2020 Q4
Earnings call transcript
2 Feb 21
2020 Q3
Earnings call transcript
22 Oct 20
2020 Q2
Earnings call transcript
30 Jul 20
2020 Q1
Earnings call transcript
28 Apr 20
2019 Q4
Earnings call transcript
4 Feb 20
2019 Q3
Earnings call transcript
31 Oct 19
2019 Q2
Earnings call transcript
30 Jul 19
2019 Q1
Earnings call transcript
24 Apr 19
2018 Q4
Earnings call transcript
30 Jan 19
Reddit threads
Daily Discussion Thread - July 27th, 2021
27 Jul 21
Daily Discussion Thread - July 26th, 2021
26 Jul 21
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What Are Your Moves Tomorrow, June 10, 2021
9 Jun 21
What Are Your Moves Tomorrow - June 09, 2021
8 Jun 21
The OG Stock Watch List June 8, 2021
8 Jun 21
$CLNE to the mooo-n! 🐄💨🚀🌙
8 Jun 21