Mattress Firm Holding Corp. (NASDAQ:MFRM) shares saw strong trading volume on Monday . 1,632,630 shares changed hands during mid-day trading, an increase of 68% from the previous session’s volume of 970,532 shares.The stock last traded at $63.90 and had previously closed at $63.90.

Several research analysts recently commented on the company. Raymond James Financial Inc. cut Mattress Firm Holding Corp. from a “market perform” rating to an “underperform” rating and set a $64.00 price target on the stock. in a research note on Monday, August 22nd. Zacks Investment Research upgraded Mattress Firm Holding Corp. from a “sell” rating to a “hold” rating in a research note on Wednesday, August 17th. Citigroup Inc. boosted their price target on Mattress Firm Holding Corp. from $30.00 to $64.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 16th. Nomura boosted their price target on Mattress Firm Holding Corp. from $56.00 to $64.00 and gave the stock a “buy” rating in a research note on Wednesday, August 10th. Finally, Wedbush boosted their price target on Mattress Firm Holding Corp. from $30.00 to $64.00 and gave the stock a “neutral” rating in a research note on Monday, August 8th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $50.60.

The company’s market capitalization is $2.38 billion. The company’s 50-day moving average is $45.37 and its 200-day moving average is $40.10.

Mattress Firm Holding Corp. (NASDAQ:MFRM) last issued its quarterly earnings results on Thursday, June 9th. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by $0.06. The company had revenue of $839.40 million for the quarter, compared to analyst estimates of $869.75 million. During the same period in the prior year, the company posted $0.33 earnings per share. Mattress Firm Holding Corp.’s quarterly revenue was up 49.2% compared to the same quarter last year. On average, equities research analysts predict that Mattress Firm Holding Corp. will post $2.22 EPS for the current fiscal year.

In other Mattress Firm Holding Corp. news, major shareholder North Latitude Master Fund 40 bought 401,775 shares of the stock in a transaction on Wednesday, July 27th. The stock was purchased at an average price of $29.81 per share, with a total value of $11,976,912.75. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Frederick C. Tinsey III sold 17,049 shares of Mattress Firm Holding Corp. stock in a transaction on Wednesday, August 17th. The stock was sold at an average price of $63.85, for a total transaction of $1,088,578.65. Following the sale, the director now directly owns 17,646 shares of the company’s stock, valued at approximately $1,126,697.10. The disclosure for this sale can be found here.

An institutional investor recently raised its position in Mattress Firm Holding Corp. stock. Dimensional Fund Advisors LP raised its position in Mattress Firm Holding Corp. (NASDAQ:MFRM) by 0.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,138 shares of the company’s stock after buying an additional 300 shares during the period. Dimensional Fund Advisors LP owned about 0.13% of Mattress Firm Holding Corp. worth $2,015,000 at the end of the most recent quarter.

Mattress Firm Holding Corp. is a holding company. The Company is a specialty retailer of mattresses and related products and accessories in the United States. It operates through two segments: retail operations and franchise operations. The retail operations segment includes Company-operated stores, e-commerce Website operations and multi-channel sales operations consisting of special events.

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