Summer Infant Inc. (NASDAQ:SUMR) major shareholder Wynnefield Partners Small Cap bought 19,472 shares of the business’s stock in a transaction on Friday, September 16th. The stock was bought at an average price of $2.20 per share, for a total transaction of $42,838.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Wynnefield Partners Small Cap also recently made the following trade(s):

  • On Thursday, September 15th, Wynnefield Partners Small Cap bought 14,100 shares of Summer Infant stock. The stock was bought at an average price of $2.02 per share, for a total transaction of $28,482.00.
  • On Tuesday, September 13th, Wynnefield Partners Small Cap bought 26,600 shares of Summer Infant stock. The stock was bought at an average price of $2.08 per share, for a total transaction of $55,328.00.
  • On Friday, September 9th, Wynnefield Partners Small Cap bought 40,200 shares of Summer Infant stock. The stock was bought at an average price of $2.25 per share, for a total transaction of $90,450.00.
  • On Monday, August 22nd, Wynnefield Partners Small Cap bought 59,800 shares of Summer Infant stock. The stock was bought at an average price of $2.20 per share, for a total transaction of $131,560.00.
  • On Friday, August 19th, Wynnefield Partners Small Cap bought 60,000 shares of Summer Infant stock. The stock was bought at an average price of $2.19 per share, for a total transaction of $131,400.00.
  • On Tuesday, August 16th, Wynnefield Partners Small Cap purchased 20,000 shares of Summer Infant stock. The shares were acquired at an average cost of $2.20 per share, for a total transaction of $44,000.00.
  • On Monday, August 15th, Wynnefield Partners Small Cap purchased 63,934 shares of Summer Infant stock. The shares were acquired at an average cost of $2.20 per share, for a total transaction of $140,654.80.
  • On Thursday, August 11th, Wynnefield Partners Small Cap purchased 115,075 shares of Summer Infant stock. The shares were acquired at an average cost of $2.20 per share, for a total transaction of $253,165.00.
  • On Monday, August 8th, Wynnefield Partners Small Cap purchased 120,991 shares of Summer Infant stock. The shares were acquired at an average cost of $2.20 per share, for a total transaction of $266,180.20.

Summer Infant Inc. (NASDAQ:SUMR) opened at 2.25 on Tuesday. Summer Infant Inc. has a 12-month low of $1.22 and a 12-month high of $2.44. The company’s 50-day moving average price is $2.19 and its 200-day moving average price is $1.76. The firm’s market capitalization is $41.51 million.

A number of research analysts have recently commented on the company. Zacks Investment Research raised Summer Infant from a “hold” rating to a “buy” rating and set a $2.00 price target on the stock in a report on Thursday, July 7th. Piper Jaffray Cos. reissued an “overweight” rating and set a $2.00 price target on shares of Summer Infant in a report on Wednesday, August 3rd.

A hedge fund recently raised its stake in Summer Infant stock. Renaissance Technologies LLC boosted its position in shares of Summer Infant Inc. (NASDAQ:SUMR) by 4.4% during the first quarter, according to its most recent filing with the SEC. The fund owned 166,900 shares of the company’s stock after buying an additional 7,100 shares during the period. Renaissance Technologies LLC owned about 0.91% of Summer Infant worth $292,000 as of its most recent SEC filing. Institutional investors and hedge funds own 48.55% of the company’s stock.

About Summer Infant

Summer Infant, Inc (Summer) is an infant and juvenile products company. The Company creates branded juvenile safety and infant care products (targeted for ages 0 to 3 years) that are focused to deliver a range of parenting solutions to families. It markets over 1,100 products in various product categories, including monitoring, safety, nursery, baby gear and feeding products.

5 Day Chart for NASDAQ:SUMR

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