Sleep Number Co. (NASDAQ:SNBR) Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund reduced its position in shares of Sleep Number Co. (NASDAQ:SNBR) by 22.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,880 shares of the company’s stock after selling 2,000 shares during the period. New York State Common Retirement Fund’s holdings in Sleep Number were worth $105,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of SNBR. Stadium Capital Management LLC increased its position 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 worth $36,793,000 after acquiring an additional 162,164 shares during the period. Hodges Capital Management Inc. increased its holdings in Sleep Number by 22.7% during the 4th quarter. Hodges Capital Management Inc. now owns 1,240,507 shares of the company’s stock worth $18,905,000 after purchasing an additional 229,587 shares during the period. Geode Capital Management LLC raised its position in Sleep Number by 3.6% in the 3rd quarter. Geode Capital Management LLC now owns 518,045 shares of the company’s stock valued at $9,493,000 after purchasing an additional 18,182 shares in the last quarter. State Street Corp raised its position in Sleep Number by 0.6% in the 3rd quarter. State Street Corp now owns 440,547 shares of the company’s stock valued at $8,071,000 after purchasing an additional 2,472 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of Sleep Number by 1,071.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 114,229 shares of the company’s stock valued at $2,093,000 after buying an additional 104,482 shares during the period. 85.67% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Sleep Number from a “hold” rating to a “buy” rating in a report on Thursday, January 9th.

Sleep Number Stock Performance

Sleep Number stock opened at $12.89 on Thursday. The company has a market capitalization of $288.36 million, a P/E ratio of -7.12 and a beta of 2.14. Sleep Number Co. has a fifty-two week low of $8.13 and a fifty-two week high of $20.75. The stock has a 50-day simple moving average of $16.12 and a 200-day simple moving average of $15.79.

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.