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. Somnigroup International Inc shares valued at $7,527,490 were sold by Rao Bhaskar on Aug 13 ’25. At $78.50 per share, Rao Bhaskar sold 95,891 shares. The insider’s holdings dropped to 330,481 shares worth approximately $26.25 million following the completion of this transaction.
Also, BHASKAR RAO purchased 77,079 shares, netting a total of over 6,054,108 in proceeds.
Before that, BHASKAR RAO had added 18,812 shares to its account. In a trade valued at $1,473,380, the Officer bought Somnigroup International Inc shares for $78.32 each.
Analysts at Jefferies started covering the stock with ‘”a Hold”‘ outlook in a report released in late February. As of February 05, 2025, William Blair has increased its “Mkt perform” rating to a “an Outperform” for SGI. Earlier on February 03, 2025, Wedbush upgraded its rating. Their new recommendation was “an Outperform” for SGI stock which previously was a “a Neutral”.
Analyzing SGI Stock Performance
On last trading session, Somnigroup International Inc [NYSE: SGI] plunged -1.93% to $79.42. The stock’s lowest price that day was $78.55, but it reached a high of $80.01 in the same session. During the last five days, there has been a surge of approximately 7.38%. Over the course of the year, Somnigroup International Inc shares have jumped approximately 60.77%. Shares of the company reached a 52-week high of $81.09 on 08/13/25 and a 52-week low of $53.10 on 04/07/25.
Support And Resistance Levels for Somnigroup International Inc (SGI)
According to the 24-hour chart, there is a support level at 78.64, which, if violated, would cause prices to drop to 77.87. In the upper region, resistance lies at 80.10. The next price resistance is at 80.79. RSI (Relative Strength Index) is 68.67 on the 14-day chart, showing neutral technical sentiment.
Is Somnigroup International Inc subject to short interest?
Stocks of Somnigroup International Inc saw a sharp steep in short interest on 2025-07-31 dropping by -5.35 million shares to 10.83 million. Data from Yahoo Finance shows that the short interest on 2025-06-30 was 16.18 million shares. A decline of -49.41% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.59 of the overall float, the days-to-cover ratio (short ratio) decline to 4.59.
Which companies own the most shares of Somnigroup International Inc (SGI)?
In terms of Somnigroup International Inc share price expectations, FactSet research, analysts set an average price target of 70 in the next 12 months, down nearly -13.56% from the previous closing price of $80.98. Analysts anticipate Somnigroup International Inc stock to reach 70 by 2025, with the lowest price target being 70. On September 04, 2024, Wedbush assigned a price target of “a Neutral” to the stock and downgraded coverage with a $52.