LoveSac (LOVE)

• Market cap: $334M
• 1 day: -4.96%
• 5 days: -6.03%
• 1 month: -17.56%
• 3 months: -38.84%
• 6 months: -9.57%
• Year to date: -9.49%
• 1 year: -2.30%
• 5 years: 97.72%
• 10 years: -9.75%
• Sector: Consumer Discretionary
• Industry: Furniture Stores

About: The Lovesac Co designs, manufactures and sells alternative furniture which is comprised of modular couches called sactionals and premium foam beanbag chairs called sacs. It also offers other accessories such as sactional-specific drink holders, Footsac blankets, decorative pillows, fitted seat tables, and ottomans. Its products are sold across the United States through its website or company-owned retail stores which are used in homes and offices. The majority of the firm's revenue is derived from the sale of Sactionals.

Employees: 1,991

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

18% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 40

10% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 21

8% more call options, than puts

Call options by funds: $3.69M | Put options by funds: $3.41M

0% more funds holding

Funds holding: 124 [Q3] → 124 (+0) [Q4]

4.54% less ownership

Funds ownership: 101.2% [Q3] → 96.66% (-4.54%) [Q4]

22% less capital invested

Capital invested by funds: $451M [Q3] → $353M (-$98.1M) [Q4]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $35 62% upside
• Avg. target: $41 88% upside
• High target: $45 108% upside

3 analyst ratings

• positive: 3 100%
• neutral: 0 0%
• negative: 0 0%

DA Davidson Tom Forte 38% 1-year accuracy 6 / 16 met price target	62% upside $35	Buy Maintained	13 Dec 2024
Roth MKM Matt Koranda 39% 1-year accuracy 11 / 28 met price target	94% upside $42	Buy Maintained	10 Dec 2024
Canaccord Genuity Maria Ripps 79% 1-year accuracy 26 / 33 met price target	108% upside $45	Buy Maintained	2 Dec 2024