Could This Company Berkshire Owns a 37% Stake in Become the Google of Audio Advertising?
SiriusXM is no longer a high-growth company, but it still has a new revenue opportunity in managing advertising for other platforms.
Overview
Sitting quietly in Berkshire Hathaway's portfolio is SiriusXM Holdings (NASDAQ: SIRI), which only accounts for 1.1% of the conglomerate's total portfolio. Looking a little more closely, however, shows that while its stake is small as a percentage in the portfolio, Berkshire still owns a huge chunk of the company itself: 37%.
The stock price has been on a good run in 2026, climbing nearly 50% as of this writing. But going back a little further, it's also lost 50% over the past five years. It's dealing with subscriber slowdown and increased competition, which will continue to be difficult to navigate.
Details
That said, SiriusXM announced a deal with Alphabet that was easy to overlook but could be a meaningful long-term driver of revenue growth for the satellite radio company.
Source
Originally published at www.fool.com.