Traders sold shares of Mattress Firm Holding Corp. (NASDAQ:MFRM) on strength during trading hours on Thursday. $2.99 million flowed into the stock on the tick-up and $36.62 million flowed out of the stock on the tick-down, for a money net flow of $33.63 million out of the stock. Of all equities tracked, Mattress Firm Holding Corp. had the 0th highest net out-flow for the day. Mattress Firm Holding Corp. traded up $0.06 for the day and closed at $63.95

A number of equities research analysts recently issued reports on MFRM shares. Raymond James Financial Inc. lowered Mattress Firm Holding Corp. from a “market perform” rating to an “underperform” rating and set a $64.00 price target for the company. in a research note on Monday, August 22nd. Nomura raised 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. Vetr lowered Mattress Firm Holding Corp. from a “buy” rating to a “hold” rating and set a $35.04 target price for the company. in a research report on Tuesday, June 21st. Bank of America Corp. lowered Mattress Firm Holding Corp. from a “neutral” rating to an “underperform” rating and decreased their target price for the company from $42.00 to $28.00 in a research report on Friday, June 10th. Finally, TheStreet lowered Mattress Firm Holding Corp. from a “hold” rating to a “sell” rating in a research report on Thursday, June 9th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $50.60.

The firm has a 50-day moving average of $47.98 and a 200 day moving average of $40.64. The firm’s market cap is $2.38 billion.

Mattress Firm Holding Corp. (NASDAQ:MFRM) last issued its quarterly earnings data on Thursday, June 9th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.04) by $0.06. The company earned $839.40 million during the quarter, compared to the consensus estimate of $869.75 million. During the same period last year, the firm earned $0.33 EPS. The business’s revenue for the quarter was up 49.2% compared to the same quarter last year. Analysts predict that Mattress Firm Holding Corp. will post $2.22 earnings per share for the current year.

In related news, Chairman R. Stephen Stagner sold 15,000 shares of the stock in a transaction that occurred on Monday, June 27th. The stock was sold at an average price of $35.00, for a total value of $525,000.00. Following the completion of the transaction, the chairman now directly owns 966,536 shares in the company, valued at $33,828,760. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Frederick C. Tinsey III sold 17,049 shares of the stock in a transaction that occurred on Wednesday, August 17th. The stock was sold at an average price of $63.85, for a total value of $1,088,578.65. Following the completion of the transaction, the director now owns 17,646 shares of the company’s stock, valued at $1,126,697.10. The disclosure for this sale can be found here.

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

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.