Sonos, Inc. (NASDAQ:SONO – Get Free Report) Director Joanna Coles sold 905 shares of the business’s stock in a transaction dated Thursday, July 11th. The stock was sold at an average price of $15.00, for a total value of $13,575.00. Following the transaction, the director now owns 20,949 shares of the company’s stock, valued at $314,235. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Joanna Coles also recently made the following trade(s):
- On Monday, May 6th, Joanna Coles sold 905 shares of Sonos stock. The stock was sold at an average price of $17.23, for a total value of $15,593.15.
Sonos Stock Down 0.4 %
Shares of SONO stock opened at $14.90 on Monday. The business has a 50-day moving average price of $15.67 and a two-hundred day moving average price of $16.97. Sonos, Inc. has a 12-month low of $9.78 and a 12-month high of $19.76.
Institutional Investors Weigh In On Sonos
Hedge funds and other institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC bought a new stake in shares of Sonos in the 4th quarter valued at about $35,000. Covestor Ltd lifted its stake in shares of Sonos by 376.7% in the 1st quarter. Covestor Ltd now owns 1,988 shares of the company’s stock valued at $38,000 after acquiring an additional 1,571 shares during the last quarter. Quent Capital LLC bought a new stake in shares of Sonos in the 1st quarter valued at about $95,000. Centaurus Financial Inc. bought a new stake in shares of Sonos in the 4th quarter valued at about $112,000. Finally, U.S. Capital Wealth Advisors LLC bought a new stake in shares of Sonos in the 4th quarter valued at about $175,000. Institutional investors own 85.82% of the company’s stock.
Wall Street Analyst Weigh In
Separately, Rosenblatt Securities restated a “buy” rating and set a $24.00 target price on shares of Sonos in a research report on Monday, March 25th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, Sonos presently has an average rating of “Moderate Buy” and an average price target of $21.00.
View Our Latest Stock Analysis on Sonos
Sonos Company Profile
Sonos, Inc, together with its subsidiaries, designs, develops, manufactures, and sells audio products and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers wireless, portable, and home theater speakers; components; and accessories. The company offers its products through approximately 10,000 third-party retail stores, including custom installers of home audio systems; and e-commerce retailers, as well as through its website.
Recommended Stories
- Five stocks we like better than Sonos
- How to Use Stock Screeners to Find Stocks
- Top 3 Defense Stocks That Should Be on Your Radar
- Roth IRA Calculator: Calculate Your Potential Returns
- Why This Banking Stock Might Be Nearing the Bottom of Its Cycle
- Election Stocks: How Elections Affect the Stock Market
- MarketBeat Week in Review – 7/8 – 7/12
Receive News & Ratings for Sonos Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sonos and related companies with MarketBeat.com's FREE daily email newsletter.