Tempur Sealy International Inc. [TPX] Insider Activity: An Update for Investors


Tempur Sealy International Inc.’s recent filing unveils that its Director Dilsaver Evelyn S unloaded Company’s shares for reported $0.23 million on Aug 25. In the deal valued at $43.75 per share,5,304 shares were sold. As a result of this transaction, Dilsaver Evelyn S now holds 143,938 shares worth roughly $ 6.78 million.

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Then, Wijnand Hansbart sold 28,834 shares, generating $1,225,658 in total proceeds. Upon selling the shares at $42.51, the EVP, INTERNATIONAL now owns 15,714 shares.

Before that, MONTGOMERY DAVID sold 100,000 shares. Tempur Sealy International Inc. shares valued at $4,561,452 were divested by the EVP Global Business Strategy at a price of $45.61 per share. As a result of the transaction, MONTGOMERY DAVID now holds 924,233 shares, worth roughly $43.52 million.

Price Performance Review of TPX

On Friday, Tempur Sealy International Inc. [NYSE:TPX] saw its stock jump 0.79% to $47.09. On the same session, the stock had its day’s lowest price of $47.00, but rose to a high of $47.70. Over the last five days, the stock has gained 8.80%. Tempur Sealy International Inc. shares have risen nearly 37.17% since the year began. Nevertheless, the stocks have risen 88.28% over the past one year. While a 52-week high of $47.17 was reached on 09/01/23, a 52-week low of $23.62 was recorded on 01/03/23. SMA at 50 days reached $43.81, while 200 days put it at $38.99. A total of 1.07 million shares were traded, compared to the trading of 1.13 million shares in the previous session.

Levels Of Support And Resistance For TPX Stock

The 24-hour chart illustrates a support level at 46.83, which if violated will result in even more drops to 46.56. On the upside, there is a resistance level at 47.53. A further resistance level may holdings at 47.96. The Relative Strength Index (RSI) on the 14-day chart is 66.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.23, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.72%. Stochastics %K at 92.21% indicates the stock is a selling.

How much short interest is there in Tempur Sealy International Inc.?

A steep rise in short interest was recorded in Tempur Sealy International Inc. stocks on Aug 14, 2023, dropping by -0.39 million shares to a total of 11.25 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 11.64 million shares. There was a decline of -3.47%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 7.77% of the overall stock float, the days-to-cover ratio (short ratio) fell to 5.79.

Tempur Sealy International Inc. [TPX] – Who Are The Largest Shareholders?

In filings from Select Equity Group LP, it is revealed that the company now owns 19,919,341 shares, or roughly 11.58% of the outstanding TPX shares. In other words, the investor’s shares have risen by 5,464,233 from its previous 13-F filing of 14455108.0. Additionally, The Vanguard Group, Inc. increased 0.02% of its stake after which the total value it holdings stand at $696,912,803, while Fidelity Management & Research Co reduced -16.45% of its stake to hold $663.01 million in the firm. Over the last quarter, BlackRock Fund Advisors sold -48,043 shares of Tempur Sealy International Inc., while Browning West LP sold 100,000 shares. At present, Boston Partners Global Investors, is holding 9,669,581 shares valued at $431.55 million. D1 Capital Partners LP owned 9,441,785 shares of the company at the time of its most recent 13F filing, worth $421.39 million.

According to FactSet, Tempur Sealy International Inc.’s share price will average $52.13 in the next year, based on opinions of analysts polled by the firm. This is up nearly 16.65 percent from its previous closing price of $46.72. Analysts expect Tempur Sealy International Inc. stock to reach the higher price of $58.00, while the lowest price estimate is $45.00. However, 11 analysts have rated TPX stock as an Overweight in their predictions for 2023.


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