Key Points
- Director Simon Dyer bought 32,000 shares at an average price of $93.40 on Dec. 2, a $2,988,800 purchase that increases his direct stake to 36,800 shares (a 666.67% ownership increase), disclosed in an SEC filing.
- Somnigroup recently reported $0.95 EPS and $2.12 billion in quarterly revenue; the stock trades near its 12‑month high with a market cap of $19.31 billion and a PE of 60.13.
- Institutional investors own about 99.86% of the shares, and analyst coverage is mixed—the consensus is a "Hold" but at least one firm recently upgraded the stock to a "Buy."
Somnigroup International Inc. (NYSE:SGI - Get Free Report) Director Simon Dyer purchased 32,000 shares of the stock in a transaction on Tuesday, December 2nd. The shares were purchased at an average price of $93.40 per share, for a total transaction of $2,988,800.00. Following the transaction, the director directly owned 36,800 shares of the company's stock, valued at approximately $3,437,120. This represents a 666.67% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.
Somnigroup International Trading Up 2.0%
SGI opened at $92.00 on Friday. Somnigroup International Inc. has a 12-month low of $53.10 and a 12-month high of $94.42. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.75 and a quick ratio of 0.38. The stock has a market capitalization of $19.31 billion, a PE ratio of 60.13, a PEG ratio of 1.79 and a beta of 1.32.
Somnigroup International (NYSE:SGI - Get Free Report) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.95 earnings per share for the quarter. The company had revenue of $2.12 billion for the quarter. Somnigroup International had a return on equity of 22.73% and a net margin of 4.62%.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Somnigroup International stock. Allworth Financial LP acquired a new stake in shares of Somnigroup International Inc. (NYSE:SGI - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 378 shares of the company's stock, valued at approximately $32,000. Institutional investors own 99.86% of the company's stock.
Analysts Set New Price Targets
SGI has been the subject of a number of recent research reports. Weiss Ratings restated a "hold (c+)" rating on shares of Somnigroup International in a report on Tuesday. Wall Street Zen raised shares of Somnigroup International from a "hold" rating to a "buy" rating in a research note on Friday, November 28th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of "Hold".
Read Our Latest Report on SGI
Somnigroup International Company Profile
(
Get Free Report)
Somnigroup International Inc, together with its subsidiaries, designs, manufactures, distributes, and retails bedding products in the United States 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-Pedic, Sealy, Stearns & Foster, Sealy, and Cocoon by Sealy brand names.
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