Sleep Number Corp (NASDAQ:SNBR) EVP Andrew P. Carlin sold 3,000 shares of the stock in a transaction that occurred on Tuesday, March 6th. The stock was sold at an average price of $37.00, for a total value of $111,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Sleep Number Corp (SNBR) traded down $0.88 during trading on Friday, hitting $36.91. The stock had a trading volume of 622,617 shares, compared to its average volume of 913,874. The stock has a market capitalization of $1,454.42, a P/E ratio of 23.81, a PEG ratio of 1.04 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 issued its quarterly earnings data on Thursday, February 15th. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.20 by $0.13. The firm had revenue of $363.28 million during the quarter, compared to the consensus estimate of $331.72 million. Sleep Number had a return on equity of 61.21% and a net margin of 4.51%. The company’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.25 earnings per share. equities analysts forecast that Sleep Number Corp will post 1.88 earnings per share for the current fiscal year.
Institutional investors have recently modified their holdings of the company. Dalton Greiner Hartman Maher & Co. purchased a new stake in shares of Sleep Number in the fourth quarter worth approximately $22,295,000. Fuller & Thaler Asset Management Inc. raised its stake in shares of Sleep Number by 40.4% in the third quarter. Fuller & Thaler Asset Management Inc. now owns 48,625 shares of the company’s stock worth $1,510,000 after purchasing an additional 13,996 shares during the last quarter. Engineers Gate Manager LP raised its stake in shares of Sleep Number by 1,031.3% in the third quarter. Engineers Gate Manager LP now owns 71,432 shares of the company’s stock worth $2,218,000 after purchasing an additional 65,118 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of Sleep Number by 14.2% in the third quarter. Ameriprise Financial Inc. now owns 413,001 shares of the company’s stock worth $12,824,000 after purchasing an additional 51,456 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. raised its stake in shares of Sleep Number by 15.9% in the third quarter. Schwab Charles Investment Management Inc. now owns 351,474 shares of the company’s stock worth $10,914,000 after purchasing an additional 48,344 shares during the last quarter.
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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.
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