Tudor Investment Corp ET AL lowered its position in shares of Select Comfort Corporation (NASDAQ:SCSS) by 13.5% during the first quarter, Holdings Channel reports. The firm owned 30,095 shares of the company’s stock after selling 4,706 shares during the period. Tudor Investment Corp ET AL’s holdings in Select Comfort Corporation were worth $746,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Thrivent Financial For Lutherans boosted its stake in Select Comfort Corporation by 0.4% in the first quarter. Thrivent Financial For Lutherans now owns 50,360 shares of the company’s stock worth $1,248,000 after buying an additional 180 shares during the period. Mason Street Advisors LLC boosted its stake in Select Comfort Corporation by 2.3% in the first quarter. Mason Street Advisors LLC now owns 10,043 shares of the company’s stock worth $249,000 after buying an additional 223 shares during the period. Monroe Bank & Trust MI boosted its stake in Select Comfort Corporation by 1.5% in the first quarter. Monroe Bank & Trust MI now owns 31,961 shares of the company’s stock worth $792,000 after buying an additional 459 shares during the period. BNP Paribas Arbitrage SA boosted its stake in Select Comfort Corporation by 4.5% in the first quarter. BNP Paribas Arbitrage SA now owns 21,200 shares of the company’s stock worth $526,000 after buying an additional 912 shares during the period. Finally, Comerica Bank boosted its stake in Select Comfort Corporation by 3.5% in the fourth quarter. Comerica Bank now owns 47,930 shares of the company’s stock worth $1,006,000 after buying an additional 1,604 shares during the period. Institutional investors own 99.76% of the company’s stock.

Select Comfort Corporation (SCSS) opened at 33.18 on Friday. Select Comfort Corporation has a 12 month low of $17.95 and a 12 month high of $36.74. The firm has a market cap of $1.38 billion, a price-to-earnings ratio of 24.08 and a beta of 0.69. The stock’s 50 day moving average is $30.81 and its 200-day moving average is $25.81.

Select Comfort Corporation (NASDAQ:SCSS) last announced its earnings results on Wednesday, April 19th. The company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.46 by $0.10. The business had revenue of $393.90 million during the quarter, compared to the consensus estimate of $370.03 million. Select Comfort Corporation had a net margin of 4.65% and a return on equity of 39.03%. Select Comfort Corporation’s revenue was up 11.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.27 EPS. On average, analysts anticipate that Select Comfort Corporation will post $1.40 earnings per share for the current fiscal year.

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A number of research firms have issued reports on SCSS. Piper Jaffray Companies set a $37.00 price target on shares of Select Comfort Corporation and gave the company a “buy” rating in a report on Saturday, June 10th. BidaskClub upgraded shares of Select Comfort Corporation from a “hold” rating to a “buy” rating in a report on Tuesday, June 13th. Bank of America Corporation restated an “underperform” rating and set a $21.50 price target on shares of Select Comfort Corporation in a report on Saturday, April 22nd. Zacks Investment Research cut shares of Select Comfort Corporation from a “buy” rating to a “hold” rating in a report on Friday, April 28th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $32.00 price objective (up previously from $27.00) on shares of Select Comfort Corporation in a research report on Saturday, April 22nd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company’s stock. Select Comfort Corporation presently has an average rating of “Hold” and a consensus target price of $30.50.

In related news, insider Shelly Radue Ibach sold 79,844 shares of Select Comfort Corporation stock in a transaction dated Tuesday, April 25th. The shares were sold at an average price of $31.13, for a total transaction of $2,485,543.72. Following the completion of the sale, the insider now owns 14,000 shares of the company’s stock, valued at approximately $435,820. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Andrew P. Carlin sold 14,500 shares of Select Comfort Corporation stock in a transaction dated Monday, April 24th. The stock was sold at an average price of $31.63, for a total transaction of $458,635.00. Following the sale, the executive vice president now directly owns 43,546 shares of the company’s stock, valued at approximately $1,377,359.98. The disclosure for this sale can be found here. Insiders have sold a total of 181,076 shares of company stock valued at $5,690,607 in the last ninety days. 4.00% of the stock is currently owned by insiders.

Select Comfort Corporation Company Profile

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. Its Sleep Number bed offers SleepIQ technology sensors that work directly with the bed’s DualAir technology to track each individual’s sleep.

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Institutional Ownership by Quarter for Select Comfort Corporation (NASDAQ:SCSS)

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