Sleep Number Corp (NASDAQ:SNBR) insider Shelly Radue Ibach sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, November 8th. The shares were sold at an average price of $40.00, for a total transaction of $400,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Shelly Radue Ibach also recently made the following trade(s):

  • On Wednesday, September 19th, Shelly Radue Ibach sold 10,000 shares of Sleep Number stock. The shares were sold at an average price of $38.00, for a total transaction of $380,000.00.

Shares of SNBR opened at $39.36 on Friday. Sleep Number Corp has a 52 week low of $26.22 and a 52 week high of $41.05. The company has a market cap of $1.29 billion, a P/E ratio of 26.42, a P/E/G ratio of 1.18 and a beta of 1.27.

Sleep Number (NASDAQ:SNBR) last announced its quarterly earnings data on Wednesday, October 24th. The company reported $0.52 EPS for the quarter, missing the Zacks’ consensus estimate of $0.71 by ($0.19). Sleep Number had a net margin of 3.93% and a return on equity of 490.11%. The company had revenue of $438.78 million for the quarter, compared to analysts’ expectations of $410.90 million. As a group, equities analysts anticipate that Sleep Number Corp will post 1.77 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Riverhead Capital Management LLC grew its position in Sleep Number by 36.3% during the second quarter. Riverhead Capital Management LLC now owns 6,384 shares of the company’s stock valued at $185,000 after purchasing an additional 1,700 shares in the last quarter. Wells Fargo & Company MN grew its position in Sleep Number by 3.6% during the third quarter. Wells Fargo & Company MN now owns 53,831 shares of the company’s stock valued at $1,981,000 after purchasing an additional 1,863 shares in the last quarter. Tyers Asset Management LLC grew its position in Sleep Number by 37.6% during the second quarter. Tyers Asset Management LLC now owns 6,972 shares of the company’s stock valued at $202,000 after purchasing an additional 1,904 shares in the last quarter. Flinton Capital Management LLC grew its position in Sleep Number by 37.6% during the second quarter. Flinton Capital Management LLC now owns 8,466 shares of the company’s stock valued at $246,000 after purchasing an additional 2,312 shares in the last quarter. Finally, Balter Liquid Alternatives LLC grew its position in Sleep Number by 9.9% during the second quarter. Balter Liquid Alternatives LLC now owns 38,246 shares of the company’s stock valued at $1,142,000 after purchasing an additional 3,454 shares in the last quarter.

A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of Sleep Number from a “buy” rating to a “hold” rating in a report on Wednesday, October 31st. ValuEngine upgraded shares of Sleep Number from a “hold” rating to a “buy” rating in a report on Tuesday, September 11th. TheStreet lowered shares of Sleep Number from a “c” rating to a “d-” rating in a report on Wednesday, October 24th. BidaskClub lowered shares of Sleep Number from a “strong-buy” rating to a “buy” rating in a report on Tuesday, October 9th. Finally, Stifel Nicolaus cut their price target on shares of Sleep Number from $47.00 to $43.00 and set a “buy” rating on the stock in a report on Thursday, July 26th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $35.25.

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Sleep Number Company Profile

Sleep Number Corporation, together with its subsidiaries, provides sleep solutions and services in the United States. It designs, manufactures, markets, retails, and services beds, bases, and bedding accessories under the Sleep Number name. The company also offers adjustable bases under the FlextFit name; and pillows and sheets, as well as other bedding products, including mattresses, box springs, and foundations under the Sleep Number name.

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Insider Buying and Selling by Quarter for Sleep Number (NASDAQ:SNBR)

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