Sleep Number Corp (NASDAQ:SNBR) insider Shelly Radue Ibach sold 10,000 shares of the stock in a transaction dated Thursday, November 8th. The shares were sold at an average price of $40.00, for a total transaction of $400,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shelly Radue Ibach also recently made the following trade(s):

  • On Wednesday, September 19th, Shelly Radue Ibach sold 10,000 shares of Sleep Number stock. The shares were sold at an average price of $38.00, for a total transaction of $380,000.00.

NASDAQ:SNBR traded down $0.95 during mid-day trading on Friday, hitting $39.36. 430,987 shares of the company’s stock traded hands, compared to its average volume of 823,822. Sleep Number Corp has a 1 year low of $26.22 and a 1 year high of $41.05. The company has a market capitalization of $1.29 billion, a P/E ratio of 24.01, a price-to-earnings-growth ratio of 1.18 and a beta of 1.27.

Sleep Number (NASDAQ:SNBR) last posted its earnings results on Wednesday, October 24th. The company reported $0.52 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.71 by ($0.19). Sleep Number had a net margin of 3.93% and a return on equity of 490.11%. The business had revenue of $438.78 million for the quarter, compared to analysts’ expectations of $410.90 million. As a group, sell-side analysts predict that Sleep Number Corp will post 1.77 EPS for the current year.

A number of brokerages have recently issued reports on SNBR. ValuEngine upgraded shares of Sleep Number from a “hold” rating to a “buy” rating in a report on Friday, October 26th. BidaskClub upgraded shares of Sleep Number from a “hold” rating to a “buy” rating in a report on Wednesday, August 8th. Piper Jaffray Companies downgraded shares of Sleep Number from an “overweight” rating to a “neutral” rating in a report on Thursday, July 26th. TheStreet downgraded shares of Sleep Number from a “b-” rating to a “c” rating in a report on Thursday, July 26th. Finally, Zacks Investment Research upgraded shares of Sleep Number from a “hold” rating to a “buy” rating and set a $41.00 target price for the company in a report on Wednesday, September 26th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company’s stock. Sleep Number currently has a consensus rating of “Hold” and a consensus price target of $35.25.

A number of large investors have recently bought and sold shares of SNBR. Canada Pension Plan Investment Board grew its holdings in shares of Sleep Number by 119.1% during the third quarter. Canada Pension Plan Investment Board now owns 358,405 shares of the company’s stock worth $13,182,000 after buying an additional 194,805 shares in the last quarter. Wesbanco Bank Inc. grew its holdings in shares of Sleep Number by 333.8% during the third quarter. Wesbanco Bank Inc. now owns 32,966 shares of the company’s stock worth $1,212,000 after buying an additional 25,366 shares in the last quarter. Stone Ridge Asset Management LLC grew its holdings in shares of Sleep Number by 72.5% during the third quarter. Stone Ridge Asset Management LLC now owns 19,880 shares of the company’s stock worth $731,000 after buying an additional 8,355 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of Sleep Number by 3.6% during the third quarter. Wells Fargo & Company MN now owns 53,831 shares of the company’s stock worth $1,981,000 after buying an additional 1,863 shares in the last quarter. Finally, Victory Capital Management Inc. purchased a new stake in shares of Sleep Number during the third quarter worth about $407,000.

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About Sleep Number

Sleep Number Corporation, together with its subsidiaries, provides sleep solutions and services in the United States. It designs, manufactures, markets, retails, and services beds, bases, and bedding accessories under the Sleep Number name. The company also offers adjustable bases under the FlextFit name; and pillows and sheets, as well as other bedding products, including mattresses, box springs, and foundations under the Sleep Number name.

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Insider Buying and Selling by Quarter for Sleep Number (NASDAQ:SNBR)

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