Great West Life Assurance Co. Can purchased new shares of Sleep Number Co. (NASDAQ:SNBR – Get Rating) in the third quarter, according to the latest 13F file filed with the U.S. Securities and Exchange Commission. Institutional investors purchased 27,474 shares of the company worth approximately $929,000. Great West Life Assurance Co. owns 0.13% of Sleep Number at the end of the most recent quarter.
→ Cash holders have not yet taken steps to prepare (From Investor Place Media)
Several other institutional investors and hedge funds have also changed positions in SNBR. CWM LLC increased its Sleep Number stake by 68.7% in the second quarter. CWM LLC now owns 862 shares of the company, valued at $27,000, after purchasing an additional 351 shares during this period. FMR LLC increased its stake in Sleep Number by 59.7% in the second quarter. FMR LLC now owns 1,960 shares of the company stock valued at $60,000 after purchasing an additional 733 shares during this period. Lazard Asset Management LLC increased its stake in Sleep Number by 63.3% in the second quarter. Lazard Asset Management LLC now owns 2,125 shares of the company worth $65,000 after purchasing an additional 824 shares during this period. Royal Bank of Canada increased its stake in Sleep Number by 74.8% in the first quarter. Royal Bank of Canada owns 1,369 shares of the company worth $69,000 after purchasing an additional 586 shares during this period. Finally, Captrust Financial Advisors increased Sleep Number’s stake by 153.6% in the first quarter. Captrust Financial Advisors now owns 2,166 shares of the company worth $110,000 after purchasing an additional 1,312 shares during this period.
Stock performance of sleep count
Sleep Number shares opened Thursday at $36.96. The company’s 50-day moving average is $29.49 and his 200-day moving average is $34.84. His one-year low on Sleep Number Co. is $23.60, and his one-year high is $75.98. The company has a market cap of $813.12 million, a P/E ratio of 15.93, a PEG ratio of 0.90 and a beta of 1.82.
Analyst upgrades and downgrades
Many research analysts comment on stocks. Wedbush lowered his price target on Sleep Number stock to $27.00 from his $33.00 in a research note on Thursday, Oct. 27. StockNews.com downgraded Sleep Number shares from a Buy rating to a Hold rating in its research notes on Friday, October 28. Finally, Piper Sandler lowered his price target on Sleep Number stock from her $36.00 to her $26.00 in a research note on Thursday, Oct. 27. One Research her analyst gave the stock a sell rating and four assigned a hold rating to the company’s stock. Based on MarketBeat.com data, the current consensus rating for the stock is ‘Hold’ with an average price target of $34.00.
Sleep Number Company Profile
(get rating)
Sleep Number Corp. designs, manufactures, markets, and markets beds, specialty beds, and other sleep-related accessories. We offer beds under the brand name Sleep Number. The company was founded by Robert Walker and JoAnn Walker in his 1987 and is headquartered in Minneapolis, Minnesota.
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