American International Group Inc. bought a new position in Sleep Number Corp (NASDAQ:SNBR) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 31,296 shares of the company’s stock, valued at approximately $1,176,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Dalton Greiner Hartman Maher & Co. bought a new position in shares of Sleep Number in the 4th quarter worth $22,295,000. Fuller & Thaler Asset Management Inc. lifted its holdings in shares of 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. Engineers Gate Manager LP lifted its holdings in shares of Sleep Number by 1,031.3% in the 3rd quarter. Engineers Gate Manager LP now owns 71,432 shares of the company’s stock worth $2,218,000 after purchasing an additional 65,118 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Sleep Number by 14.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 413,001 shares of the company’s stock worth $12,824,000 after purchasing an additional 51,456 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. lifted its holdings in shares of Sleep Number by 15.9% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 351,474 shares of the company’s stock worth $10,914,000 after purchasing an additional 48,344 shares in the last quarter.
In other news, SVP Mark A. Kimball sold 8,000 shares of the firm’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $37.26, for a total transaction of $298,080.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Andrew P. Carlin sold 3,000 shares of the firm’s stock in a transaction on Tuesday, March 6th. The shares were sold at an average price of $37.00, for a total value of $111,000.00. The disclosure for this sale can be found here. Insiders sold a total of 41,545 shares of company stock valued at $1,517,056 over the last three months. 4.00% of the stock is currently owned by insiders.
Shares of Sleep Number Corp (NASDAQ SNBR) opened at $36.91 on Friday. The company has a market capitalization of $1,470.00, a price-to-earnings ratio of 24.61, a P/E/G ratio of 1.03 and a beta of 0.81. Sleep Number Corp has a 12-month low of $23.14 and a 12-month high of $40.72.
Sleep Number (NASDAQ:SNBR) last released its quarterly earnings results on Thursday, February 15th. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.13. The business had revenue of $363.28 million during the quarter, compared to analyst estimates of $331.72 million. Sleep Number had a return on equity of 61.21% and a net margin of 4.51%. Sleep Number’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.25 EPS. analysts anticipate that Sleep Number Corp will post 1.88 EPS for the current year.
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.
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