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

Schwarz Dygos Wheeler Investment Advisors LLC lifted its stake in Sleep Number Co. (NASDAQ:SNBR) by 1.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund 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’s holdings in Sleep Number were worth $2,095,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Proficio Capital Partners LLC purchased a new position in Sleep Number in the fourth quarter worth about $183,000. Olympiad Research LP bought a new stake in shares of Sleep Number during the fourth quarter valued at approximately $221,000. Rhumbline Advisers raised its holdings in Sleep Number by 9.1% in the 4th quarter. Rhumbline Advisers now owns 40,128 shares of the company’s stock worth $612,000 after acquiring an additional 3,342 shares during the last quarter. First Dallas Securities Inc. lifted its position in Sleep Number by 40.7% in the 4th quarter. First Dallas Securities Inc. now owns 41,500 shares of the company’s stock valued at $632,000 after acquiring an additional 12,000 shares in the last quarter. Finally, Hodges Capital Management Inc. boosted its stake 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 valued at $18,905,000 after purchasing an additional 229,587 shares during the last quarter. Institutional investors own 85.67% of the company’s stock.

Sleep Number Price Performance

NASDAQ SNBR opened at $7.57 on Monday. The stock has a market capitalization of $169.35 million, a price-to-earnings ratio of -4.18 and a beta of 2.14. Sleep Number Co. has a 1-year low of $6.91 and a 1-year high of $20.75. The business’s fifty day moving average price is $15.81 and its 200-day moving average price is $15.72.

Analyst Ratings Changes

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

Sleep Number 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.