Warren Buffett just bought even more than this supply of dirt from dirt

• Berkshire Hathaway has already increased its large share Siriusxm to 37% of the company.

• Siriusxm is beaten as investors look less than confident in the future.

• Management aggressively reduces costs and unfolds new growth initiatives.

• 10 shares we like better than Sirius XM ›

We have recently learned that Berkshire Hathaway (Nyse: brk.a)(Nyse: brk.b) Was again a net shares seller in the second quarter of 2025. We still have not all the details of what Warren Buffett-Conglomerate Conglomerate bought and sells, but we know that the shares of several billion dollars were dumped.

This is a continuing trend for Berkshire over the last few years. Buffett and his team unloaded significant parts of the massive investment in Apple (Nasdaq: AAPL) and Bank of America (Nyse: bac) and have reduced or sold a few other basic positions completely. We have also learned about the latest orders of some Verisign (Nasdaq: VRSN) and Davita (Nyse: two) Shares. Berkshire even stopped buying his own shares back on for the moment, which came as a surprise to many investors after a decline of over 10% in the price of his shares.

However, this does not mean that Buffett and his stocks do not buy any stocks. In fact, there is a company whose shares Berkshire continued to buy, and recently bought even more.

According to the latest SEC documents, Berkshire has bought another 5 million shares from Siriusxm (Nasdaq: Siri) For a price of about $ 106.5 million.

Of course, the investment of this size is not exactly massive for Berkshire. In fact, it represents about 0.03% of money in the amount of $ 344 billion. But this is especially important because of the part of the Berkshire satellite radio operator now. In fact, after this investment – which is only the most in a series of additions – Berkshire now owns 37% of Sirius.

The short explanation is that Buffett is most likely to add more Siriusxm shares, as the shares are extremely cheap. Siriusxm trades in this writing for just over 7 times profit forecasts. The business is very profitable, with over $ 1 billion annual free cash flow and pays a 5% dividend yield that is well covered by its profit.

To be honest, there are many no Let me like Siriusxm. The revenue has fallen in recent years, as well as the base of the subscribers, which has reached its peak in 2019. The free cash flow has decreased by about one -third in the last two years, and the company continues to report a reducing number of paid subscribers.