Purple InnovationPRPL
About: Purple Innovation Inc is a comfort innovation company. The company designs, manufactures and sells a range of comfort technology offerings, including mattresses, a pillow, cushions, sheets, bed platforms and other products. The Company has one reportable segment that operates an omni-channel distribution which allows the Company to offer a seamless shopping experience to its customers across multiple sales channels. It sells its products through its direct-to-consumer e-commerce channels, retail brick-and-mortar wholesale partners, Purple showrooms, and third-party online retailers.
Employees: 1,200
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
150% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 12
137% more call options, than puts
Call options by funds: $83K | Put options by funds: $35K
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
1% less funds holding
Funds holding: 86 [Q3] → 85 (-1) [Q4]
3.3% less ownership
Funds ownership: 74.28% [Q3] → 70.98% (-3.3%) [Q4]
25% less capital invested
Capital invested by funds: $78.9M [Q3] → $59.5M (-$19.4M) [Q4]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q3] → 0 (-1) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Wedbush Seth Basham 48% 1-year accuracy 60 / 124 met price target | 73%upside $1 | Neutral Reiterated | 26 Mar 2025 |
Financial journalist opinion









