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Mattress Firm Holding Corp (NASDAQ:MFRM) CAO Michael S. Galvan sold 7,875 shares of the stock on the open market in a transaction dated Friday, June 6th. The stock was sold at an average price of $47.02, for a total transaction of $370,282.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

A number of analysts have recently weighed in on MFRM shares. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Mattress Firm Holding Corp in a research note on Friday. They now have a $53.00 price target on the stock, up previously from $52.00. Separately, analysts at Wedbush raised their price target on shares of Mattress Firm Holding Corp from $52.00 to $54.00 in a research note on Wednesday, June 4th. They now have an “outperform” rating on the stock. Finally, analysts at Longbow Research raised their price target on shares of Mattress Firm Holding Corp to $57.00 in a research note on Wednesday, June 4th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Mattress Firm Holding Corp presently has a consensus rating of “Buy” and an average target price of $51.30.

Mattress Firm Holding Corp (NASDAQ:MFRM) traded down 0.72% during mid-day trading on Tuesday, hitting $48.11. The stock had a trading volume of 100,803 shares. Mattress Firm Holding Corp has a 52 week low of $29.29 and a 52 week high of $49.81. The stock has a 50-day moving average of $45.44 and a 200-day moving average of $43.56. The company has a market cap of $1.640 billion and a P/E ratio of 34.15.

Mattress Firm Holding Corp (NASDAQ:MFRM) last released its earnings data on Tuesday, June 3rd. The company reported $0.38 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.36 by $0.02. The company had revenue of $333.50 million for the quarter, compared to the consensus estimate of $337.55 million. During the same quarter in the prior year, the company posted $0.38 earnings per share. The company’s quarterly revenue was up 20.8% on a year-over-year basis. On average, analysts predict that Mattress Firm Holding Corp will post $1.95 earnings per share for the current fiscal year.

Mattress Firm Holding Corp. (NASDAQ:MFRM), is a specialty retailer of mattresses and related products and accessories in the United States.

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