Crossmark Global Holdings Inc. bought a new stake in shares of Sleep Number Corp (NASDAQ:SNBR) during the fourth quarter, HoldingsChannel.com reports. The fund bought 14,176 shares of the company’s stock, valued at approximately $533,000.
Several other large investors have also made changes to their positions in SNBR. PNC Financial Services Group Inc. lifted its position in shares of Sleep Number by 395.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 3,913 shares of the company’s stock valued at $139,000 after buying an additional 3,124 shares in the last quarter. Parametric Portfolio Associates LLC lifted its position in shares of Sleep Number by 20.3% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 105,337 shares of the company’s stock valued at $3,738,000 after buying an additional 17,751 shares in the last quarter. Voya Investment Management LLC lifted its position in shares of Sleep Number by 77.4% during the 2nd quarter. Voya Investment Management LLC now owns 33,001 shares of the company’s stock valued at $1,171,000 after buying an additional 14,399 shares in the last quarter. 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 valued at $734,000 after purchasing an additional 8,327 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new position in Sleep Number in the 2nd quarter valued at $349,000.
In other Sleep Number news, SVP Mark A. Kimball sold 8,000 shares of the firm’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $34.99, for a total value of $279,920.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 24,000 shares of company stock valued at $884,800 over the last ninety days. Corporate insiders own 4.00% of the company’s stock.
Sleep Number Corp (NASDAQ:SNBR) opened at $35.37 on Wednesday. The firm has a market capitalization of $1,348.36, a price-to-earnings ratio of 22.82, a price-to-earnings-growth ratio of 0.99 and a beta of 0.74. Sleep Number Corp has a fifty-two week low of $21.52 and a fifty-two week high of $40.72.
Sleep Number (NASDAQ:SNBR) last issued its earnings results on Thursday, February 15th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.13. Sleep Number had a return on equity of 61.21% and a net margin of 4.51%. The business had revenue of $363.28 million during the quarter, compared to the consensus estimate of $331.72 million. During the same period last year, the company earned $0.25 EPS. The company’s revenue for the quarter was up 15.9% on a year-over-year basis. analysts forecast that Sleep Number Corp will post 1.89 earnings per share for the current year.
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Sleep Number Company Profile
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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