Shares of Sirius XM Holdings (SIRI) Sees Large Outflow of Money

Sirius XM Holdings (SIRI) : The total money flow in Sirius XM Holdings (SIRI) was negative ($4.23 million), which signals selling by the traders on Mondays session. They trimmed their holdings by selling the stock on downticks to the tune of $32.13 million. In comparison, the inflow of money into the stock on upticks was $27.9 million. The uptick to downtick ratio was 0.87. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $3.06 million. The value of transactions on uptick was $2.82 million. The negative money flow of ($0.24 million) confirms the selling in Sirius XM Holdings (SIRI) on strength. The uptick to downtick ratio of block trades was 0.92. Sirius XM Holdings (SIRI) gained $0.03 at $4.24, a gain of 0.71% over the previous days close. However, the stock registered -0.12% in the week.


Shares of Sirius XM Holdings Inc. rose by 0.36% in the last five trading days and 1.8% for the last 4 weeks. Sirius XM Holdings Inc. is up 8.31% in the last 3-month period. Year-to-Date the stock performance stands at 4.05%.

Sirius XM Holdings (NASDAQ:SIRI): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $4.22 and $4.21 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $4.26. The buying momentum continued till the end and the stock did not give up its gains. It closed at $4.24, notching a gain of 0.71% for the day. The total traded volume was 35,726,585 . The stock had closed at $4.21 on the previous day.

In a related news, Altman Dara F, officer (EVP & Chief Admin. Officer) of Sirius Xm Holdings Inc., unloaded 514,625 shares at an average price of $4.36 on July 27, 2016. The total amount of the transaction was worth $2,243,765, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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