Berkshire Hathaway buys nearly 1M more Sirius XM shares after flat quarter, signaling confidence in cash flow and buybacks.

Berkshire Hathaway recently purchased 924,281 additional shares of Sirius XM at prices above last year's levels, increasing its stake to over 125 million shares. This buying followed Sirius XM's third-quarter earnings report, which showed flat revenue but improved cash flow and raised full-year guidance. Berkshire appears to be betting on Sirius XM's strong cash generation, dividend, and potential for increased share buybacks in 2027 despite some risks like subscriber declines and debt. Investors should watch for further insider purchases and buyback activity to confirm Berkshire's confidence.

Sirius XM shares are trading at USD 32.95 on Pluang as of Nov 04, 2026 23:21 WIB, showing a strong 6.98% increase in one day. The stock carries a dividend yield of 3.51%, which aligns with Berkshire Hathaway's interest in its cash generation and dividends. Despite high selling activity at 94% on Pluang, Berkshire's increased stake highlights confidence in Sirius XM's future potential.