Bob’s Discount Furniture (NYSE:BOBS) Stock Rating Upgraded by Wall Street Zen

Bob’s Discount Furniture (NYSE:BOBS) was upgraded by equities researchers at Wall Street Zen to a “hold” rating in a report issued on Monday.

Bob’s Discount Furniture Price Performance

NYSE:BOBS opened at $19.99 on Monday. Bob’s Discount Furniture has a 12 month low of $16.47 and a 12 month high of $20.65.

Insider Activity

In other Bob’s Discount Furniture news, Director John Thomas Kilgallon sold 2,917,500 shares of the business’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $15.94, for a total transaction of $46,504,950.00. Following the completion of the sale, the director directly owned 95,370,751 shares in the company, valued at $1,520,209,770.94. The trade was a 2.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jennifer Lynn Davis sold 2,917,500 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $15.94, for a total transaction of $46,504,950.00. Following the sale, the director directly owned 95,370,751 shares of the company’s stock, valued at $1,520,209,770.94. The trade was a 2.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 3.20% of the company’s stock.

About Bob’s Discount Furniture

Bob’s Discount Furniture (NYSE: BOBS) is a U.S.-based specialty retailer of residential furniture and home furnishings. The company operates a network of company-owned showrooms alongside an e-commerce platform to sell living room, bedroom and dining furniture, mattresses, home office pieces, and decorative accessories. Its merchandising and marketing emphasize value-oriented pricing and broad selection across mainstream categories.

In addition to merchandise sales, Bob’s Discount Furniture offers services commonly associated with full-service furniture retail, including delivery, white-glove setup in some markets, and consumer financing options.