5 Best Tech Stocks to Buy Under $10

2. Sirius XM Holdings Inc. (NASDAQ:SIRI)

Number of Hedge Fund Holders: 24

Stock Price as of October 2: $6.00

Based in New York, Sirius XM Holdings Inc. (NASDAQ:SIRI) is a broadcasting company that engages in the provision of satellite radio and online radio services throughout the United States. The company comes in at second on our list of the 10 best tech stocks to buy under $10.

On July 29, Pivotal Research analyst Jeffrey Wlodarczak raised his price target on Sirius XM Holdings Inc. (NASDAQ:SIRI) to $8.25 from $7.75, and kept a Buy rating on the shares of the company.

On July 27, the company posted earnings for the second quarter of 2021, reporting earnings per share of $0.10, beating market predictions by $0.03. The revenue over the period was more than $2.16 billion, up 15.21% on a year-on-year basis, surpassing estimates by $95.26 million.

At the end of the second quarter of 2021, 26 hedge funds in the database of Insider Monkey held stakes worth more than $577 million in Sirius XM Holdings (NASDAQ:SIRI). This is compared to 24 hedge funds in the preceding quarter that held stakes amounting to approximately $570 million.

Out of the hedge funds being tracked by Insider Monkey, Warren Buffett’s investment firm Berkshire Hathaway is a leading shareholder in Sirius XM Holdings Inc. (NASDAQ: SIRI) with 43.6 million shares worth more than $285.5 million.