Tempur Sealy International Inc (NYSE:TPX) Director Usman Nabi acquired 150,000 shares of Tempur Sealy International stock in a transaction on Thursday, May 18th. The shares were bought at an average cost of $46.00 per share, with a total value of $6,900,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Usman Nabi also recently made the following trade(s):

  • On Wednesday, May 10th, Usman Nabi bought 610,000 shares of Tempur Sealy International stock. The stock was acquired at an average cost of $48.30 per share, with a total value of $29,463,000.00.

Tempur Sealy International Inc (NYSE:TPX) traded up 1.48% on Monday, reaching $46.67. The company had a trading volume of 959,060 shares. The stock’s 50-day moving average price is $45.72 and its 200-day moving average price is $53.60. The stock has a market capitalization of $2.52 billion, a P/E ratio of 13.73 and a beta of 1.69. Tempur Sealy International Inc has a 12-month low of $39.57 and a 12-month high of $82.32.

Tempur Sealy International (NYSE:TPX) last issued its earnings results on Thursday, May 4th. The company reported $0.96 EPS for the quarter, topping the consensus estimate of $0.72 by $0.24. Tempur Sealy International had a return on equity of 112.05% and a net margin of 4.08%. The business had revenue of $722.10 million during the quarter, compared to the consensus estimate of $725.44 million. During the same quarter last year, the company earned $0.68 EPS. The firm’s revenue was up .2% compared to the same quarter last year. On average, equities research analysts anticipate that Tempur Sealy International Inc will post $3.23 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Tempur Sealy International (NYSE:TPX)

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A number of hedge funds and other institutional investors have recently modified their holdings of TPX. PNC Financial Services Group Inc. increased its position in shares of Tempur Sealy International by 14.7% in the first quarter. PNC Financial Services Group Inc. now owns 2,131 shares of the company’s stock valued at $100,000 after buying an additional 273 shares in the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC increased its position in shares of Tempur Sealy International by 6,729.7% in the fourth quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 185,836 shares of the company’s stock valued at $186,000 after buying an additional 183,115 shares in the last quarter. Tyers Asset Management LLC bought a new position in shares of Tempur Sealy International during the fourth quarter valued at approximately $203,000. Quantbot Technologies LP bought a new position in shares of Tempur Sealy International during the first quarter valued at approximately $211,000. Finally, Capstone Asset Management Co. increased its position in shares of Tempur Sealy International by 4.1% in the first quarter. Capstone Asset Management Co. now owns 4,609 shares of the company’s stock valued at $214,000 after buying an additional 180 shares in the last quarter.

A number of equities research analysts have recently issued reports on TPX shares. TheStreet cut shares of Tempur Sealy International from a “b-” rating to a “c+” rating in a research report on Tuesday, February 14th. KeyCorp reissued an “equal weight” rating on shares of Tempur Sealy International in a research report on Thursday, April 20th. Stifel Nicolaus cut shares of Tempur Sealy International from a “buy” rating to a “hold” rating in a research report on Monday, January 30th. Zacks Investment Research raised shares of Tempur Sealy International from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 4th. Finally, SunTrust Banks, Inc. raised shares of Tempur Sealy International from a “sell” rating to a “hold” rating and set a $43.00 target price for the company in a research report on Monday, May 8th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $57.60.

Tempur Sealy International Company Profile

Tempur Sealy International, Inc is a bedding manufacturer. The Company develops, manufactures, markets and distributes bedding products. The Company operates in two segments: North America and International. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the United States and Canada.

12 Month Chart for NYSE:TPX

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