Berkshire Hathaway makes repeated SIRI purchases
Repeated, sizable purchases by Berkshire Hathaway support a bullish view of SIRI, though insider transactions alone do not establish future performance.
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Repeated, sizable purchases by Berkshire Hathaway support a bullish view of SIRI, though insider transactions alone do not establish future performance.
What happened, with direct paths to the underlying reporting
Berkshire Hathaway, a 10% owner, reported multiple SIRI purchases from October 30 to November 3 totaling about $26.9 million. The repeated buying is a notable bullish ownership signal.
Insider: BERKSHIRE HATHAWAY INC
Role: 10 percent owner
Transaction: P-Purchase
Shares: 743,965
Price: $28.89
Value: $21,494,116
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