A Director at Sleep Number Corporation (SNBR) is Selling Shares

Today, a Director at Sleep Number Corporation (SNBR), Kathleen Nedorostek, sold shares of SNBR for $186.5K.

In addition to Kathleen Nedorostek, 2 other SNBR executives reported Sell trades in the last month.

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Based on Sleep Number Corporation’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $415 million and quarterly net profit of $18.26 million. In comparison, last year the company earned revenue of $403 million and had a net profit of $25.6 million. SNBR’s market cap is $1.26B and the company has a P/E ratio of 24.79. Currently, Sleep Number Corporation has an average volume of 394.6K.

The insider sentiment on Sleep Number Corporation has been negative according to 65 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Sleep Number Corp. designs, manufactures, markets, and distributes beds, proprietary beds, and other sleep-related accessory products. It offers beds under the brand name Sleep Number. The company was founded by Robert Walker and JoAnn Walker in 1987 and is headquartered in Minneapolis, MN.

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