Sleep Number Co. (NASDAQ:SNBR – Get Free Report) major shareholder Stadium Capital Management Llc acquired 15,000 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The stock was acquired at an average price of $12.12 per share, for a total transaction of $181,800.00. Following the completion of the acquisition, the insider now directly owns 2,215,000 shares of the company’s stock, valued at $26,845,800. The trade was a 0.68 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
Stadium Capital Management Llc also recently made the following trade(s):
- On Friday, November 15th, Stadium Capital Management Llc bought 11,540 shares of Sleep Number stock. The stock was bought at an average cost of $12.71 per share, for a total transaction of $146,673.40.
- On Wednesday, November 13th, Stadium Capital Management Llc purchased 22,000 shares of Sleep Number stock. The stock was bought at an average cost of $13.86 per share, for a total transaction of $304,920.00.
- On Monday, November 11th, Stadium Capital Management Llc purchased 25,325 shares of Sleep Number stock. The shares were purchased at an average price of $14.90 per share, for a total transaction of $377,342.50.
- On Wednesday, November 6th, Stadium Capital Management Llc bought 400 shares of Sleep Number stock. The shares were purchased at an average cost of $14.21 per share, for a total transaction of $5,684.00.
- On Monday, November 4th, Stadium Capital Management Llc purchased 36,097 shares of Sleep Number stock. The shares were acquired at an average price of $13.09 per share, for a total transaction of $472,509.73.
- On Thursday, October 31st, Stadium Capital Management Llc acquired 59,011 shares of Sleep Number stock. The stock was acquired at an average cost of $13.83 per share, with a total value of $816,122.13.
Sleep Number Stock Down 0.8 %
NASDAQ SNBR opened at $11.67 on Thursday. Sleep Number Co. has a 52 week low of $8.13 and a 52 week high of $20.75. The firm has a 50 day moving average of $15.46 and a two-hundred day moving average of $13.63. The stock has a market capitalization of $261.06 million, a PE ratio of -6.50 and a beta of 2.08.
Hedge Funds Weigh In On Sleep Number
Wall Street Analyst Weigh In
SNBR has been the topic of a number of research reports. Piper Sandler reduced their target price on shares of Sleep Number from $16.00 to $12.00 and set a “neutral” rating on the stock in a report on Thursday, October 31st. StockNews.com upgraded Sleep Number from a “hold” rating to a “buy” rating in a report on Tuesday.
Get Our Latest Report on Sleep Number
About Sleep Number
Sleep Number Corporation, together with its subsidiaries, offers sleep solutions and services in the United States. The company designs, manufactures, markets, retails, and services beds, pillows, sheets, and other bedding products under the Sleep Number name. It also provides smart adjustable bases under the FlextFit brand, and smart beds under the Climate 360 name.
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