Sleep Number Corp (NASDAQ:SNBR) SVP Mark A. Kimball sold 8,000 shares of Sleep Number stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $34.99, for a total value of $279,920.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Sleep Number Corp (SNBR) traded up $0.01 during midday trading on Tuesday, reaching $37.20. The company had a trading volume of 525,823 shares, compared to its average volume of 984,061. Sleep Number Corp has a one year low of $18.89 and a one year high of $37.94. The stock has a market cap of $1,423.93, a PE ratio of 23.37, a PEG ratio of 1.45 and a beta of 0.61.

Sleep Number (NASDAQ:SNBR) last posted its quarterly earnings results on Tuesday, October 17th. The company reported $0.62 EPS for the quarter, missing the Zacks’ consensus estimate of $0.68 by ($0.06). Sleep Number had a return on equity of 51.12% and a net margin of 4.34%. The business had revenue of $402.64 million during the quarter, compared to analysts’ expectations of $413.89 million. During the same period in the prior year, the firm posted $0.56 earnings per share. The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. equities analysts predict that Sleep Number Corp will post 1.37 EPS for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Fuller & Thaler Asset Management Inc. lifted its holdings in Sleep Number by 40.4% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 48,625 shares of the company’s stock worth $1,510,000 after purchasing an additional 13,996 shares in the last quarter. First Trust Advisors LP lifted its holdings in Sleep Number by 33.9% in the 2nd quarter. First Trust Advisors LP now owns 49,960 shares of the company’s stock worth $1,773,000 after purchasing an additional 12,649 shares in the last quarter. Wasatch Advisors Inc. lifted its holdings in Sleep Number by 7.6% in the 2nd quarter. Wasatch Advisors Inc. now owns 390,282 shares of the company’s stock worth $13,851,000 after purchasing an additional 27,584 shares in the last quarter. Voya Investment Management LLC lifted its holdings in Sleep Number by 77.4% in the 2nd quarter. Voya Investment Management LLC now owns 33,001 shares of the company’s stock worth $1,171,000 after purchasing an additional 14,399 shares in the last quarter. Finally, Royal Bank of Canada lifted its holdings in Sleep Number by 67.5% in the 2nd quarter. Royal Bank of Canada now owns 20,669 shares of the company’s stock worth $734,000 after purchasing an additional 8,327 shares in the last quarter.

SNBR has been the topic of a number of analyst reports. BidaskClub raised Sleep Number from a “hold” rating to a “buy” rating in a research report on Wednesday, August 9th. Stifel Nicolaus reaffirmed a “buy” rating and set a $36.00 price objective on shares of Sleep Number in a research report on Thursday, September 7th. Piper Jaffray Companies reaffirmed a “buy” rating and set a $38.00 price objective on shares of Sleep Number in a research report on Friday, September 8th. KeyCorp reaffirmed a “hold” rating on shares of Sleep Number in a research report on Friday, September 29th. Finally, Raymond James Financial raised Sleep Number from a “market perform” rating to an “outperform” rating and set a $35.00 price objective on the stock in a research report on Monday, October 2nd. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $30.67.

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About Sleep Number

Sleep Number Corporation, formerly 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.

Insider Buying and Selling by Quarter for Sleep Number (NASDAQ:SNBR)

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