Tempur Sealy International, Inc. (NYSE:TPX) EVP Scott Vollet sold 42,456 shares of the company’s stock in a transaction dated Monday, January 11th. The shares were sold at an average price of $27.83, for a total transaction of $1,181,550.48. Following the completion of the transaction, the executive vice president now owns 180,387 shares in the company, valued at approximately $5,020,170.21. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Shares of NYSE:TPX opened at $28.45 on Thursday. The company’s 50 day moving average price is $26.73 and its two-hundred day moving average price is $23.17. Tempur Sealy International, Inc. has a 12-month low of $5.50 and a 12-month high of $29.26. The company has a quick ratio of 0.69, a current ratio of 0.94 and a debt-to-equity ratio of 6.00. The firm has a market cap of $5.87 billion, a PE ratio of 7.69, a PEG ratio of 0.61 and a beta of 2.08.

Tempur Sealy International (NYSE:TPX) last issued its quarterly earnings results on Thursday, October 29th. The company reported $0.74 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.55 by $0.19. Tempur Sealy International had a net margin of 6.36% and a return on equity of 88.49%. The company had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the prior year, the firm posted $0.33 EPS. The firm’s quarterly revenue was up 37.9% on a year-over-year basis. On average, research analysts expect that Tempur Sealy International, Inc. will post 5.85 EPS for the current year.

A number of research analysts recently commented on the stock. BidaskClub upgraded shares of Tempur Sealy International from a “hold” rating to a “buy” rating in a research note on Wednesday, December 16th. KeyCorp upped their price target on shares of Tempur Sealy International from $27.50 to $30.00 and gave the company an “overweight” rating in a research note on Friday, October 30th. Raymond James upped their price target on shares of Tempur Sealy International from $28.75 to $32.00 and gave the company a “strong-buy” rating in a research note on Tuesday, December 15th. Piper Sandler upped their price target on shares of Tempur Sealy International from $31.25 to $33.75 and gave the company an “overweight” rating in a research note on Friday, October 30th. Finally, ValuEngine lowered shares of Tempur Sealy International from a “sell” rating to a “strong sell” rating in a research report on Wednesday, November 25th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $27.53.

A number of large investors have recently modified their holdings of TPX. Wedge Capital Management L L P NC bought a new position in Tempur Sealy International in the 4th quarter valued at approximately $29,756,000. Nuveen Asset Management LLC lifted its stake in Tempur Sealy International by 33.2% in the 2nd quarter. Nuveen Asset Management LLC now owns 1,028,512 shares of the company’s stock valued at $74,001,000 after purchasing an additional 256,486 shares during the last quarter. Victory Capital Management Inc. lifted its stake in Tempur Sealy International by 2,300.5% in the 3rd quarter. Victory Capital Management Inc. now owns 257,427 shares of the company’s stock valued at $22,961,000 after purchasing an additional 246,703 shares during the last quarter. Smith Asset Management Group LP lifted its stake in Tempur Sealy International by 356.6% in the 3rd quarter. Smith Asset Management Group LP now owns 300,880 shares of the company’s stock valued at $26,839,000 after purchasing an additional 234,980 shares during the last quarter. Finally, First Trust Advisors LP lifted its stake in Tempur Sealy International by 748.4% in the 3rd quarter. First Trust Advisors LP now owns 218,841 shares of the company’s stock valued at $19,518,000 after purchasing an additional 193,046 shares during the last quarter. 95.00% of the stock is owned by institutional investors and hedge funds.

About Tempur Sealy International

Tempur Sealy International, Inc, together with its subsidiaries, develops, manufactures, markets, and distributes bedding products in the United States, Canada, and internationally. It provides mattresses, foundations and adjustable foundations, and adjustable bases, as well as other products comprising pillows, mattress covers, sheets, cushions, and various other accessories and comfort products under the TEMPUR, Tempur-Pedic, Sealy, Comfort Revolution, and Stearns & Foster brands.

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