Select Comfort Corp. CEO Shelly Radue Ibach Unloads 14,687 Shares (SCSS)
Select Comfort Corp. (NASDAQ:SCSS) CEO Shelly Radue Ibach unloaded 14,687 shares of Select Comfort Corp. stock on the open market in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $21.50, for a total value of $315,770.50. Following the completion of the sale, the chief executive officer now directly owns 99,497 shares in the company, valued at approximately $2,139,186. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Separately, analysts at Nomura reiterated a “neutral” rating on shares of Select Comfort Corp. in a research note on Tuesday, July 15th. They now have a $20.00 price target on the stock, up previously from $18.00. Six research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $22.00.
Shares of Select Comfort Corp. (NASDAQ:SCSS) traded up 2.53% during mid-day trading on Monday, hitting $21.87. The stock had a trading volume of 446,819 shares. Select Comfort Corp. has a one year low of $15.31 and a one year high of $26.47. The stock has a 50-day moving average of $20.50 and a 200-day moving average of $18.76. The company has a market cap of $1.175 billion and a price-to-earnings ratio of 22.48.
Select Comfort Corp. (NASDAQ:SCSS) last released its earnings data on Wednesday, July 16th. The company reported $0.16 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.14 by $0.02. The company had revenue of $235.00 million for the quarter, compared to the consensus estimate of $223.74 million. During the same quarter in the prior year, the company posted $0.18 earnings per share. The company’s quarterly revenue was up 13.2% on a year-over-year basis. Analysts expect that Select Comfort Corp. will post $1.09 earnings per share for the current fiscal year.
Select Comfort Corporation (NASDAQ:SCSS) is a bed manufacturer and retailer.
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