Select Comfort Corporation (NASDAQ:SCSS) SVP Joseph Hunter Saklad sold 5,100 shares of the stock in a transaction that occurred on Friday, August 11th. The shares were sold at an average price of $33.24, for a total value of $169,524.00. Following the transaction, the senior vice president now owns 39,550 shares of the company’s stock, valued at $1,314,642. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Select Comfort Corporation (NASDAQ:SCSS) traded up 0.24% during mid-day trading on Monday, reaching $33.08. The company’s stock had a trading volume of 583,525 shares. Select Comfort Corporation has a 12-month low of $17.95 and a 12-month high of $36.74. The firm’s 50 day moving average price is $32.72 and its 200 day moving average price is $28.19. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of 24.15 and a beta of 0.67.

Select Comfort Corporation (NASDAQ:SCSS) last posted its earnings results on Monday, July 17th. The company reported ($0.02) EPS for the quarter, missing the Zacks’ consensus estimate of $0.05 by $0.07. Select Comfort Corporation had a net margin of 4.46% and a return on equity of 44.91%. The business had revenue of $284.70 million during the quarter, compared to analysts’ expectations of $300.21 million. During the same quarter in the prior year, the firm earned $0.03 EPS. Select Comfort Corporation’s revenue for the quarter was up 2.8% compared to the same quarter last year. On average, equities analysts predict that Select Comfort Corporation will post $1.38 earnings per share for the current year.

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A number of research analysts have recently commented on the company. Stifel Nicolaus reiterated a “buy” rating and set a $36.00 target price (up from $32.00) on shares of Select Comfort Corporation in a research report on Tuesday, July 18th. UBS AG restated a “sell” rating and set a $17.00 price target (up previously from $16.00) on shares of Select Comfort Corporation in a report on Friday, July 21st. Zacks Investment Research lowered Select Comfort Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. Piper Jaffray Companies restated a “buy” rating and set a $38.00 price target on shares of Select Comfort Corporation in a report on Wednesday, July 19th. Finally, Bank of America Corporation upgraded Select Comfort Corporation from an “underperform” rating to a “neutral” rating and increased their price target for the company from $21.50 to $35.00 in a report on Wednesday, July 19th. One analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company. Select Comfort Corporation has an average rating of “Hold” and a consensus target price of $31.33.

Several large investors have recently bought and sold shares of SCSS. Riverhead Capital Management LLC increased its stake in Select Comfort Corporation by 75.7% in the second quarter. Riverhead Capital Management LLC now owns 3,865 shares of the company’s stock valued at $137,000 after buying an additional 1,665 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in Select Comfort Corporation by 395.9% in the second quarter. PNC Financial Services Group Inc. now owns 3,913 shares of the company’s stock valued at $139,000 after buying an additional 3,124 shares in the last quarter. Flinton Capital Management LLC increased its stake in Select Comfort Corporation by 75.6% in the second quarter. Flinton Capital Management LLC now owns 4,228 shares of the company’s stock valued at $150,000 after buying an additional 1,820 shares in the last quarter. Victory Capital Management Inc. purchased a new stake in Select Comfort Corporation during the first quarter valued at about $107,000. Finally, First Quadrant L P CA purchased a new stake in Select Comfort Corporation during the second quarter valued at about $205,000. Hedge funds and other institutional investors own 99.76% of the company’s stock.

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.

Insider Buying and Selling by Quarter for Select Comfort Corporation (NASDAQ:SCSS)

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