Insider Selling: Sleep Country Canada (ZZZ) Director Sells 83,000 Shares of Stock

Sleep Country Canada (TSE:ZZZ) Director Stephen Gunn sold 83,000 shares of the business’s stock in a transaction on Tuesday, March 13th. The stock was sold at an average price of C$36.45, for a total transaction of C$3,025,350.00.

Stephen Gunn also recently made the following trade(s):

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  • On Thursday, March 15th, Stephen Gunn sold 7,100 shares of Sleep Country Canada stock. The stock was sold at an average price of C$36.25, for a total transaction of C$257,375.00.
  • On Thursday, March 8th, Stephen Gunn sold 26,500 shares of Sleep Country Canada stock. The stock was sold at an average price of C$37.05, for a total transaction of C$981,825.00.

TSE ZZZ traded down C$0.05 on Friday, reaching C$34.72. The company’s stock had a trading volume of 85,238 shares, compared to its average volume of 119,263. Sleep Country Canada has a 52 week low of C$31.07 and a 52 week high of C$42.36.

Sleep Country Canada (TSE:ZZZ) last issued its quarterly earnings data on Thursday, March 1st. The company reported C$0.42 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.33 by C$0.09. The firm had revenue of C$153.56 million for the quarter, compared to analysts’ expectations of C$149.80 million. Sleep Country Canada had a net margin of 12.88% and a return on equity of 32.40%.

Several research analysts have recently issued reports on the stock. Scotiabank boosted their price objective on shares of Sleep Country Canada from C$44.00 to C$46.00 and gave the stock an “outperform” rating in a report on Monday, March 5th. National Bank Financial upped their target price on shares of Sleep Country Canada from C$40.00 to C$43.00 and gave the company an “outperform” rating in a research note on Monday, March 5th. BMO Capital Markets upped their target price on shares of Sleep Country Canada from C$41.00 to C$42.00 and gave the company an “outperform” rating in a research note on Monday, March 5th. TD Securities upped their target price on shares of Sleep Country Canada from C$41.00 to C$43.00 and gave the company a “hold” rating in a research note on Monday, March 5th. Finally, Laurentian upped their target price on shares of Sleep Country Canada from C$40.00 to C$41.00 and gave the company a “buy” rating in a research note on Monday, March 5th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Sleep Country Canada currently has a consensus rating of “Buy” and a consensus target price of C$42.29.

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Sleep Country Canada Company Profile

Sleep Country Canada Holdings Inc engages in retailing mattress and bedding related products in Canada. The company offers a range of mattresses, adjustable lifestyle bases, pillows, duvets, sheets, headboards, frames, mattress protectors, pillow protectors, and other sleep accessories. The company operates under the Dormez-vous and Sleep Country Canada retail banners.

Insider Buying and Selling by Quarter for Sleep Country Canada (TSE:ZZZ)

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