Stocks of Sleep Number Corp (NASDAQ:SNBR) traded higher last session on Wall Street, up 2.15% to $7.6.
SNBR stock price is now -8.06% away from the 50-day moving average and -38.89% away from the 200-day moving average. The market capitalization of the company currently stands at $172.22M.
With the price target reduced from $62 to $49, Piper Sandler Downgraded its rating from Overweight to Neutral for Sleep Number Corp (NASDAQ: SNBR). On March 28, 2022, Wedbush Downgraded its previous ‘Outperform’ rating to ‘Neutral’ on the stock reducing its target price from $80 to quote $54, while ‘UBS’ rates the stock as ‘Neutral’
In other news, Brown Kevin Kennedy, Former Officer bought 47,573 shares of the company’s stock on Jun 11 ’25. The stock was bought for $418,108 at an average price of $8.79. An SEC document containing details of the transaction can be found on the SEC’s website. On May 13 ’25, Director Eyler Phillip bought 8,300 shares of the business’s stock. A total of $74,942 was incurred on buying the stock at an average price of $9.03. This leaves the insider owning 20,972 shares of the company worth $0.16 million. A total of 17.78% of the company’s stock is owned by insiders.
During the past 12 months, Sleep Number Corp has had a low of $4.48 and a high of $20.75. The fifty day moving average price for SNBR is $8.2662 and a two-hundred day moving average price translates $12.4357 for the stock.
The latest earnings results from Sleep Number Corp (NASDAQ: SNBR) was released for 2025-03-29. The company reported revenue of $393.26 million for the quarter, compared to $470.45 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -16.41 percent.
