Bob’s Discount Furniture (NYSE:BOBS) Upgraded at Wall Street Zen

Bob’s Discount Furniture (NYSE:BOBS) was upgraded by Wall Street Zen to a “hold” rating in a research note issued on Monday.

Bob’s Discount Furniture Price Performance

Insider Buying and Selling at Bob’s Discount Furniture

In other news, Director John Thomas Kilgallon sold 2,917,500 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $15.94, for a total value of $46,504,950.00. Following the completion of the sale, the director directly owned 95,370,751 shares of the company’s stock, valued at approximately $1,520,209,770.94. This represents a 2.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jennifer Lynn Davis sold 2,917,500 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $15.94, for a total transaction of $46,504,950.00. Following the completion of the transaction, the director owned 95,370,751 shares of the company’s stock, valued at $1,520,209,770.94. This trade represents a 2.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information.

Bob’s Discount Furniture Company Profile

Bob’s Discount Furniture (NYSE: BOBS) is a U.S.-based specialty retailer of residential furniture and home furnishings. The company operates a network of company-owned showrooms alongside an e-commerce platform to sell living room, bedroom and dining furniture, mattresses, home office pieces, and decorative accessories. Its merchandising and marketing emphasize value-oriented pricing and broad selection across mainstream categories.

In addition to merchandise sales, Bob’s Discount Furniture offers services commonly associated with full-service furniture retail, including delivery, white-glove setup in some markets, and consumer financing options.