No. of Recommendations: 1
Berkshire Hathaway (NYSE:BRK.B) purchased approximately $106 million worth of Sirius XM Holdings (NASDAQ:SIRI) stock and sold about $230 million in DaVita (NYSE:DVA) shares, according to recent regulatory filings.
The multinational conglomerate bought 5,030,425 shares of SIRI common stock in a series of transactions between July 31 and August 4, 2025. It beneficially owned over 124.8 million shares in the company following the transactions.
Additionally, in a separate filing, Berkshire Hathaway disclosed the sale of 1,635,962 shares of DaVita (NYSE:DVA) common stock at $140.6. DaVita (DVA) is scheduled to announce its Q2 earnings results today, after market close.
No. of Recommendations: 2
Berkshire Hathaway (NYSE:BRK.B) purchased approximately $106 million worth of Sirius XM Holdings (NASDAQ:SIRI) stock
I don't get it. Seems like a declining business that will remain a cash cow for a good number of years. But still declining. Any ideas?