The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Sleep Number Corp shares valued at $90,480 were purchased by Fazio Gary T on Mar 10 ’25. At $7.54 per share, Fazio Gary T acquired 12,000 shares. The insider’s holdings grew to 71,125 shares worth approximately $0.48 million following the completion of this transaction.
Also, HOPF PATRICK A purchased 25,000 shares, netting a total of over 357,440 in proceeds. Following the buying of shares at $14.30 each, the insider now holds 75,000 shares.
Before that, STADIUM CAPITAL MANAGEMENT LLC had added 16,600 shares to its account. In a trade valued at $227,911, the 10% Owner bought Sleep Number Corp shares for $13.73 each. Upon closing the transaction, the insider’s holdings increased to 16,600 shares, worth approximately $14.88 million.
As published in a research note from Piper Sandler on April 21, 2022, Sleep Number Corp [SNBR] has been rated down from an Overweight to a Neutral and the price target has been revised to $49 from $62. Analysts at Wedbush downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in late March. As of February 04, 2022, Wedbush has increased its “Neutral” rating to a “an Outperform” for SNBR. Earlier on February 18, 2021, UBS upgraded its rating. Their new recommendation was “a Neutral” for SNBR stock which previously was a “a Sell”.
Analyzing SNBR Stock Performance
During the last five days, there has been a surge of approximately 4.62%. Over the course of the year, Sleep Number Corp shares have dropped approximately -55.38%. Shares of the company reached a 52-week high of $19.13 on 01/27/25 and a 52-week low of $6.00 on 03/13/25. A 50-day SMA is recorded $14.39, while a 200-day SMA reached $14.17.
Support And Resistance Levels for Sleep Number Corp (SNBR)
According to the 24-hour chart, there is a support level at 6.30, which, if violated, would cause prices to drop to 5.80. In the upper region, resistance lies at 7.20. The next price resistance is at 7.59. RSI (Relative Strength Index) is 27.30 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.00, which suggests the price will decrease in the coming days. Percent R is at 90.81%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
