Schwarz Dygos Wheeler Investment Advisors LLC Buys 1,496 Shares of Sleep Number Co. (NASDAQ:SNBR)

Schwarz Dygos Wheeler Investment Advisors LLC grew its stake in shares of Sleep Number Co. (NASDAQ:SNBR) by 1.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 137,463 shares of the company’s stock after purchasing an additional 1,496 shares during the quarter. Schwarz Dygos Wheeler Investment Advisors LLC owned approximately 0.61% of Sleep Number worth $2,095,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Hodges Capital Management Inc. raised its position in Sleep Number by 146.6% during the 3rd quarter. Hodges Capital Management Inc. now owns 1,010,920 shares of the company’s stock valued at $18,520,000 after purchasing an additional 601,005 shares during the last quarter. Stadium Capital Management LLC raised its holdings in shares of Sleep Number by 8.8% during the third quarter. Stadium Capital Management LLC now owns 2,008,367 shares of the company’s stock valued at $36,793,000 after acquiring an additional 162,164 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Sleep Number by 1,071.9% during the third quarter. JPMorgan Chase & Co. now owns 114,229 shares of the company’s stock valued at $2,093,000 after acquiring an additional 104,482 shares in the last quarter. Maverick Capital Ltd. lifted its stake in Sleep Number by 150.7% in the third quarter. Maverick Capital Ltd. now owns 50,477 shares of the company’s stock worth $925,000 after acquiring an additional 30,341 shares during the period. Finally, RBF Capital LLC bought a new stake in Sleep Number in the third quarter valued at $458,000. Institutional investors own 85.67% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Piper Sandler decreased their price objective on shares of Sleep Number from $12.00 to $11.00 and set a “neutral” rating for the company in a report on Thursday. StockNews.com raised shares of Sleep Number from a “hold” rating to a “buy” rating in a research note on Thursday, January 9th. Finally, Wedbush cut their price objective on Sleep Number from $18.00 to $12.00 and set a “neutral” rating on the stock in a research report on Thursday.

Sleep Number Trading Up 1.1 %

Shares of SNBR stock opened at $7.57 on Monday. The company’s fifty day moving average price is $15.81 and its 200-day moving average price is $15.72. The stock has a market cap of $169.35 million, a PE ratio of -4.18 and a beta of 2.14. Sleep Number Co. has a 12 month low of $6.91 and a 12 month high of $20.75.

Sleep Number Company Profile

Sleep Number Corporation, together with its subsidiaries, offers sleep solutions and services in the United States. The company designs, manufactures, markets, retails, and services beds, pillows, sheets, and other bedding products under the Sleep Number name. It also provides smart adjustable bases under the FlextFit brand, and smart beds under the Climate 360 name.