Mattress Firm Holding Corp. (MFRM): Craig Mcandrews , Chief Merchandising Officer of Mattress Firm Holding Corp. sold 2,500 shares on Apr 18, 2016. The Insider selling transaction was reported by the company on Apr 19, 2016 to the Securities and Exchange Commission. The shares were sold at $43.90 per share for a total value of $109,712.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 5, 2016, Bruce Levy (Executive Vice President) sold 30,458 shares at $42.36 per share price.On Apr 5, 2016, R. Stephen Stagner (Executive Chairman) sold 5,287 shares at $41.96 per share price.Also, On Jan 11, 2016, Joe Fortunato (director) purchased 5,000 shares at $41.21 per share price.On Dec 8, 2015, Craig Mcandrews (Chief Merchandising Officer) sold 2,000 shares at $55.00 per share price.
Shares of Mattress Firm Holding Corp (MFRM) ended Monday, Apr 18, 2016 session in red amid volatile trading. The shares closed down -0.11 points or -0.25% at $43.76 with 2,14,703 shares getting traded. Post opening the session at $43.47, the shares hit an intraday low of $42.99 and an intraday high of $44.4 and the price vacillated in this range throughout the day. The company has a market cap of $1,622 M and the number of outstanding shares has been calculated to be 3,70,73,956 shares. The 52-week high of Mattress Firm Holding Corp is $65.76 and the 52-week low is $30.01.
Company has been under the radar of several Street Analysts.Mattress Firm Holding Corp is Downgraded by Sun Trust Rbsn Humphrey to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 22, 2016.Mattress Firm Holding Corp is Initiated by Longbow to Neutral. The Rating was issued on Mar 15, 2016.Mattress Firm Holding Corp is Reiterated by Wedbush to Neutral while Lowering the Price Target of the company shares to $ 38 from a previous price target of $50 . The Rating was issued on Feb 4, 2016.
Currently the company Insiders own 6.4% of Mattress Firm Holding Corp shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by 12.83%.During last six month period, the net percent change held by insiders has seen a change of 7.48%.
Mattress Firm Holding Corp. is a holding company. The Company through its direct and indirect subsidiaries is a retailer of mattresses and bedding-related products in various metropolitan markets in the United States through company-operated and franchise-owned mattress specialty stores that operate primarily under the name Mattress Firm. The Company operates through two reportable segments: retail operations and franchise operations. The Company-operated stores its e-commerce Website operations and multi-channel sales operations consisting primarily of special events comprise the Company’s retail operations segment. For its franchise operations segment franchise fees and royalty income received from its franchisees fully represent results of operations.