The SVP & CIO of Sleep Number (SNBR) is Selling Shares

Yesterday, the SVP & CIO of Sleep Number (SNBR), Joseph Hunter Saklad, sold shares of SNBR for $430.3K.

Following Joseph Hunter Saklad’s last SNBR Sell transaction on April 27, 2017, the stock climbed by 19.4%. In addition to Joseph Hunter Saklad, 3 other SNBR executives reported Sell trades in the last month.

See today’s analyst top recommended stocks >>

Based on Sleep Number’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $441 million and quarterly net profit of $24.09 million. In comparison, last year the company earned revenue of $412 million and had a net profit of $26.99 million. The company has a one-year high of $61.00 and a one-year low of $32.53. Currently, Sleep Number has an average volume of 400.33K.

In the last 30 days, insiders have sold $2.19M worth of SNBR shares and purchased $106K worth of SNBR shares. The insider sentiment on Sleep Number has been neutral according to 70 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts