Select Comfort Corporation (NASDAQ:SCSS) SVP Joseph Hunter Saklad sold 5,100 shares of the business’s stock in a transaction that occurred on Friday, August 11th. The stock was sold at an average price of $33.24, for a total transaction of $169,524.00. Following the completion of the transaction, the senior vice president now directly owns 39,550 shares of the company’s stock, valued at approximately $1,314,642. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Shares of Select Comfort Corporation (NASDAQ SCSS) opened at 32.04 on Wednesday. The stock has a 50 day moving average of $32.72 and a 200-day moving average of $28.28. The stock has a market cap of $1.32 billion, a PE ratio of 23.39 and a beta of 0.67. Select Comfort Corporation has a 52 week low of $17.95 and a 52 week high of $36.74.

Select Comfort Corporation (NASDAQ:SCSS) last released its quarterly earnings data on Monday, July 17th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by $0.07. The company had revenue of $284.70 million for the quarter, compared to the consensus estimate of $300.21 million. Select Comfort Corporation had a net margin of 4.46% and a return on equity of 44.91%. The company’s quarterly revenue was up 2.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.03 EPS. Equities research analysts predict that Select Comfort Corporation will post $1.38 earnings per share for the current fiscal year.

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Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Alps Advisors Inc. raised its position in Select Comfort Corporation by 0.3% in the second quarter. Alps Advisors Inc. now owns 19,986 shares of the company’s stock worth $709,000 after buying an additional 52 shares during the period. Thrivent Financial For Lutherans raised its position in Select Comfort Corporation by 0.4% in the first quarter. Thrivent Financial For Lutherans now owns 50,360 shares of the company’s stock worth $1,248,000 after buying an additional 180 shares during the period. Mason Street Advisors LLC raised its position in Select Comfort Corporation by 2.3% in the first quarter. Mason Street Advisors LLC now owns 10,043 shares of the company’s stock worth $249,000 after buying an additional 223 shares during the period. Monroe Bank & Trust MI raised its position in Select Comfort Corporation by 1.5% in the first quarter. Monroe Bank & Trust MI now owns 31,961 shares of the company’s stock worth $792,000 after buying an additional 459 shares during the period. Finally, Victory Capital Management Inc. raised its position in Select Comfort Corporation by 17.6% in the second quarter. Victory Capital Management Inc. now owns 5,062 shares of the company’s stock worth $180,000 after buying an additional 759 shares during the period. 99.76% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have commented on the stock. BidaskClub raised shares of Select Comfort Corporation from a “hold” rating to a “buy” rating in a research note on Wednesday, August 9th. Piper Jaffray Companies set a $32.00 price target on shares of Select Comfort Corporation and gave the stock a “buy” rating in a research note on Thursday, April 20th. Zacks Investment Research raised shares of Select Comfort Corporation from a “sell” rating to a “hold” rating in a research note on Thursday, July 20th. UBS AG reissued a “sell” rating and issued a $17.00 price target (up previously from $16.00) on shares of Select Comfort Corporation in a research note on Friday, July 21st. Finally, Bank of America Corporation raised shares of Select Comfort Corporation from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from $21.50 to $35.00 in a research note on Wednesday, July 19th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $31.33.

Select Comfort Corporation Company Profile

Select Comfort Corporation is a designer, manufacturer, marketer, retailer and servicer of a line of Sleep Number beds. The Company offers consumers individualized sleep solutions and services, which include a complete line of Sleep Number beds, bases and bedding accessories. Its Sleep Number bed offers SleepIQ technology sensors that work directly with the bed’s DualAir technology to track each individual’s sleep.

Insider Buying and Selling by Quarter for Select Comfort Corporation (NASDAQ:SCSS)

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