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.
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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
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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