Sleep NumberSNBR
Market Cap: $314M
About: Sleep Number Corp. is a wellness technology company engaged in the design, manufacturing, marketing and distribution of sleep solutions. The Company generates revenue by marketing and selling its smart beds directly to new and existing customers through its vertically integrated, exclusive, direct-to-consumer retail touch points including Stores, Online, Phone, and Chat (Total Retail). The products offered by the company are Mattresses, Bedding, Pillows and Furniture.
Employees: 4,145
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
37% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 19
6% more funds holding
Funds holding: 122 [Q1] → 129 (+7) [Q2]
2.37% more ownership
Funds ownership: 83.01% [Q1] → 85.38% (+2.37%) [Q2]
7% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 41
5% more call options, than puts
Call options by funds: $1.59M | Put options by funds: $1.51M
25% less funds holding in top 10
Funds holding in top 10: 4 [Q1] → 3 (-1) [Q2]
38% less capital invested
Capital invested by funds: $296M [Q1] → $182M (-$114M) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Piper Sandler Peter Keith 57% 1-year accuracy 26 / 46 met price target | 14%downside $12 | Neutral Maintained | 1 Aug 2024 |