Select Comfort Corp. (NASDAQ:SCSS) SVP Mark A. Kimball sold 8,000 shares of Select Comfort Corp. stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $32.07, for a total value of $256,560.00. Following the transaction, the senior vice president now owns 56,186 shares of the company’s stock, valued at approximately $1,801,885.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Select Comfort Corp. (NASDAQ SCSS) traded up 1.92% on Tuesday, reaching $32.34. The company’s stock had a trading volume of 1,196,958 shares. The firm has a 50 day moving average of $30.12 and a 200 day moving average of $30.12. Select Comfort Corp. has a 12 month low of $17.95 and a 12 month high of $36.74. The firm has a market cap of $1.33 billion, a price-to-earnings ratio of 23.61 and a beta of 0.65.

Select Comfort Corp. (NASDAQ:SCSS) last posted its quarterly earnings data on Monday, July 17th. The company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.05 by ($0.07). Select Comfort Corp. had a negative net margin of 0.27% and a negative return on equity of 2.51%. The firm had revenue of $284.70 million during the quarter, compared to analysts’ expectations of $300.21 million. During the same quarter in the previous year, the company posted $0.03 EPS. Select Comfort Corp.’s revenue for the quarter was up 2.8% on a year-over-year basis. Analysts anticipate that Select Comfort Corp. will post $1.39 earnings per share for the current year.

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Several institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. lifted its position in shares of Select Comfort Corp. by 128,067.2% during the 1st quarter. BlackRock Inc. now owns 5,166,419 shares of the company’s stock valued at $128,077,000 after buying an additional 5,162,388 shares during the last quarter. Acadian Asset Management LLC bought a new stake in Select Comfort Corp. in the 2nd quarter valued at about $56,857,000. Arrowstreet Capital Limited Partnership raised its stake in Select Comfort Corp. by 856.5% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,065,008 shares of the company’s stock valued at $37,797,000 after acquiring an additional 953,666 shares during the period. Copper Rock Capital Partners LLC bought a new stake in Select Comfort Corp. in the 2nd quarter valued at about $19,391,000. Finally, Rothschild Asset Management Inc. bought a new stake in Select Comfort Corp. in the 2nd quarter valued at about $26,591,000. Hedge funds and other institutional investors own 99.76% of the company’s stock.

A number of equities analysts have weighed in on SCSS shares. Stifel Nicolaus reissued a “buy” rating and set a $36.00 price target (up previously from $32.00) on shares of Select Comfort Corp. in a research report on Tuesday, July 18th. UBS AG reaffirmed a “sell” rating and issued a $17.00 price objective (up from $16.00) on shares of Select Comfort Corp. in a research report on Friday, July 21st. Zacks Investment Research cut Select Comfort Corp. from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. Piper Jaffray Companies reiterated a “buy” rating and set a $38.00 target price on shares of Select Comfort Corp. in a research note on Friday, September 8th. Finally, Raymond James Financial, Inc. upgraded Select Comfort Corp. from a “market perform” rating to an “outperform” rating and set a $35.00 target price for the company in a research note on Monday. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company’s stock. Select Comfort Corp. currently has a consensus rating of “Hold” and a consensus price target of $31.86.

Select Comfort Corp. Company Profile

Select Comfort Corporation is a designer, manufacturer, marketer, retailer and servicer of a line of Sleep Number beds. The Company offers consumers individualized sleep solutions and services, which include a complete line of Sleep Number beds, bases and bedding accessories. Its Sleep Number bed offers SleepIQ technology sensors that work directly with the bed’s DualAir technology to track each individual’s sleep.

Insider Buying and Selling by Quarter for Select Comfort Corp. (NASDAQ:SCSS)

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