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 $74,942 were purchased by Eyler Phillip on May 13 ’25. At $9.03 per share, Eyler Phillip acquired 8,300 shares. The insider’s holdings grew to 20,972 shares worth approximately $0.22 million following the completion of this transaction.
Also, Lee Francis K purchased 7,200 shares, netting a total of over 51,263 in proceeds. Following the buying of shares at $7.12 each, the insider now holds 92,970 shares.
Before that, Findley Linda had added 61,020 shares to its account. In a trade valued at $434,420, the President and CEO bought Sleep Number Corp shares for $7.12 each. Upon closing the transaction, the insider’s holdings increased to 61,020 shares, worth approximately $6.43 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 9.57%. Over the course of the year, Sleep Number Corp shares have dropped approximately -30.12%. Shares of the company reached a 52-week high of $19.13 on 01/27/25 and a 52-week low of $4.48 on 04/09/25.
Support And Resistance Levels for Sleep Number Corp (SNBR)
According to the 24-hour chart, there is a support level at 10.22, which, if violated, would cause prices to drop to 9.80. In the upper region, resistance lies at 10.90. The next price resistance is at 11.16. RSI (Relative Strength Index) is 70.50 on the 14-day chart, showing overbought technical sentiment.
