Mattress Firm Holding Corp. (MFRM): R. Stephen Stagner , Executive Chairman of Mattress Firm Holding Corp. sold 15,000 shares on Jun 27, 2016. The Insider selling transaction was reported by the company on Jun 28, 2016 to the Securities and Exchange Commission. The shares were sold at $35.00 per share for a total value of $525,000.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 3, 2016, R. Stephen Stagner (Executive Chairman) sold 400 shares at $39.74 per share price.On Apr 19, 2016, Craig Mcandrews (Chief Merchandising Officer) sold 2,500 shares at $43.90 per share price.Also, On Apr 5, 2016, Bruce Levy (Executive Vice President) sold 30,458 shares at $42.36 per share price.On Jan 11, 2016, Joe Fortunato (director) purchased 5,000 shares at $41.21 per share price.
Mattress Firm Holding Corp: On Monday, Jun 27, 2016 heightened volatility was witnessed in Mattress Firm Holding Corp which led to swings in the share price. The shares opened for trading at $32.81 and hit $35.25 on the upside , eventually ending the session at $34.93, with a gain of 4.49% or 1.5 points. The heightened volatility saw the trading volume jump to 2,58,491 shares. The 52-week high of the share price is $65.51 and the company has a market cap of $1,300 M . The 52-week low of the share price is at $27.18.
Company has been under the radar of several Street Analysts.Mattress Firm Holding Corp is Downgraded by KeyBanc Capital Mkts to Sector Weight. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Jun 15, 2016.Mattress Firm Holding Corp is Reiterated by Wedbush to Neutral while Lowering the Price Target of the company shares to $ 30 from a previous price target of $38 . The Rating was issued on Jun 10, 2016.Mattress Firm Holding Corp is Downgraded by Raymond James to Mkt Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Jun 10, 2016.Mattress Firm Holding Corp is Reiterated by UBS to Buy while Lowering the Price Target of the company shares to $ 37 from a previous price target of $46 . The Rating was issued on Jun 3, 2016.
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.