1 week Ago By ABMN Staff
Arrowstreet Capital Limited Partnership raised its stake in shares of Sleep Number Co. ( NASDAQ:SNBR – Free Report ) by 18.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.
The firm owned 385,599 shares of the company’s stock after buying an additional 60,410 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 1.72% of Sleep Number worth $5,877,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Wealthfront Advisers LLC bought a new stake in Sleep Number during the fourth quarter worth approximately $14,861,000. Hodges Capital Management Inc.
increased its position in shares of Sleep Number by 22.7% during the 4th quarter. Hodges Capital Management Inc.
now owns 1,240,507 shares of the company’s stock valued at $18,905,000 after purchasing an additional 229,587 shares during the period. Proficio Capital Partners LLC acquired a new stake in shares of Sleep Number in the fourth quarter valued at $183,000. JPMorgan Chase & Co.
boosted its stake in Sleep Number by 1,071.9% during the third quarter. JPMorgan Chase & Co.
now owns 114,229 shares of the company’s stock valued at $2,093,000 after buying an additional 104,482 shares in the last quarter. Finally, Barclays PLC grew its holdings in Sleep Number by 276.5% during the third quarter.
Barclays PLC now owns 28,280 shares of the company’s stock worth $518,000 after acquiring an additional 20,769 shares during the period. 85.67% of the stock is currently owned by institutional investors.
Insider Activity at Sleep Number In other news, insider Gary T. Fazio bought 12,000 shares of the business’s stock in a transaction on Monday, March 10th. The shares were bought at an average cost of $7.
54 per share, with a total value of $90,480.00. Following the purchase, the insider now directly owns 71,125 shares in the company, valued at $536,282.
50. This trade represents a 20.30 % increase in their ownership of the stock.
The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website . 6.80% of the stock is owned by insiders.
Sleep Number Price Performance Analyst Upgrades and Downgrades Several equities analysts have recently weighed in on SNBR shares. StockNews.com upgraded shares of Sleep Number from a “hold” rating to a “buy” rating in a research report on Thursday, January 9th.
Piper Sandler decreased their price target on shares of Sleep Number from $12.00 to $11.00 and set a “neutral” rating on the stock in a research report on Thursday, March 6th.
Finally, Wedbush cut their price objective on Sleep Number from $18.00 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, March 6th.
Get Our Latest Research Report on SNBR Sleep Number Company Profile ( Free Report ) Sleep Number Corporation, together with its subsidiaries, offers sleep solutions and services in the United States. The company designs, manufactures, markets, retails, and services beds, pillows, sheets, and other bedding products under the Sleep Number name. It also provides smart adjustable bases under the FlextFit brand, and smart beds under the Climate 360 name.
Recommended Stories Want to see what other hedge funds are holding SNBR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sleep Number Co. ( NASDAQ:SNBR – Free Report ).
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