Sleep Number Corp (NASDAQ:SNBR) EVP Andrew P. Carlin sold 4,280 shares of the stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $35.27, for a total value of $150,955.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Sleep Number Corp (NASDAQ:SNBR) traded down $0.16 during trading on Wednesday, hitting $36.48. The company had a trading volume of 517,334 shares, compared to its average volume of 693,092. The stock has a market capitalization of $1,407.85, a PE ratio of 23.68, a PEG ratio of 1.01 and a beta of 0.81. Sleep Number Corp has a 12 month low of $23.14 and a 12 month high of $40.72.
Sleep Number (NASDAQ:SNBR) last announced its earnings results on Thursday, February 15th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.13. The business had revenue of $363.28 million for the quarter, compared to analysts’ expectations of $331.72 million. Sleep Number had a return on equity of 61.21% and a net margin of 4.51%. The business’s revenue for the quarter was up 15.9% on a year-over-year basis. During the same period last year, the firm posted $0.25 earnings per share. equities analysts expect that Sleep Number Corp will post 1.88 EPS for the current year.
Several research firms recently commented on SNBR. BidaskClub cut Sleep Number from a “buy” rating to a “hold” rating in a research report on Monday, February 5th. ValuEngine raised Sleep Number from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Zacks Investment Research raised Sleep Number from a “hold” rating to a “buy” rating and set a $43.00 price objective on the stock in a research report on Friday, January 5th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $47.00 price objective (up from $40.00) on shares of Sleep Number in a research report on Friday, February 16th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $34.00.
A number of large investors have recently made changes to their positions in SNBR. Parametric Portfolio Associates LLC boosted its position in Sleep Number by 20.3% in the second quarter. Parametric Portfolio Associates LLC now owns 105,337 shares of the company’s stock worth $3,738,000 after purchasing an additional 17,751 shares during the last quarter. Royal Bank of Canada boosted its position in Sleep Number by 67.5% in the second quarter. Royal Bank of Canada now owns 20,669 shares of the company’s stock worth $734,000 after purchasing an additional 8,327 shares during the last quarter. Strs Ohio boosted its position in Sleep Number by 6.4% in the third quarter. Strs Ohio now owns 31,600 shares of the company’s stock worth $981,000 after purchasing an additional 1,900 shares during the last quarter. Crossmark Global Holdings Inc. purchased a new position in Sleep Number in the third quarter worth about $246,000. Finally, New York State Teachers Retirement System boosted its position in Sleep Number by 2.9% in the third quarter. New York State Teachers Retirement System now owns 132,688 shares of the company’s stock worth $4,120,000 after purchasing an additional 3,800 shares during the last quarter.
Sleep Number Company Profile
Sleep Number Corporation, formerly Select Comfort Corporation, is a designer, manufacturer, marketer, retailer and servicer of a line of Sleep Number beds. The Company offers consumers individualized sleep solutions and services, which include a complete line of Sleep Number beds, bases and bedding accessories.
Receive News & Ratings for Sleep Number Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sleep Number and related companies with MarketBeat.com's FREE daily email newsletter.