Tempur Sealy International Inc (NYSE:TPX) EVP Richard W. Anderson Sells 15,709 Shares

Tempur Sealy International Inc (NYSE:TPX) EVP Richard W. Anderson sold 15,709 shares of the company’s stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $76.74, for a total value of $1,205,508.66. Following the transaction, the executive vice president now directly owns 56,673 shares of the company’s stock, valued at $4,349,086.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

TPX traded up $3.84 on Wednesday, hitting $78.57. 929,692 shares of the company were exchanged, compared to its average volume of 851,928. The stock’s fifty day moving average is $77.14 and its 200-day moving average is $67.65. Tempur Sealy International Inc has a 12 month low of $38.90 and a 12 month high of $81.85. The company has a debt-to-equity ratio of 5.79, a quick ratio of 0.88 and a current ratio of 1.21. The company has a market cap of $4.11 billion, a PE ratio of 26.54, a PEG ratio of 1.43 and a beta of 1.68.

Tempur Sealy International (NYSE:TPX) last posted its quarterly earnings results on Thursday, July 25th. The company reported $0.79 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.68 by $0.11. The firm had revenue of $722.80 million during the quarter, compared to the consensus estimate of $723.28 million. Tempur Sealy International had a return on equity of 72.95% and a net margin of 4.42%. The business’s revenue was up 9.5% compared to the same quarter last year. During the same period last year, the company earned $0.52 earnings per share. As a group, equities research analysts expect that Tempur Sealy International Inc will post 3.49 EPS for the current fiscal year.

A number of equities research analysts recently issued reports on the company. Wedbush reissued an “outperform” rating and issued a $83.00 target price on shares of Tempur Sealy International in a research report on Thursday, July 18th. KeyCorp lifted their price objective on shares of Tempur Sealy International from $90.00 to $95.00 and gave the company an “overweight” rating in a report on Friday, July 26th. Loop Capital raised shares of Tempur Sealy International from a “sell” rating to a “hold” rating and set a $70.00 price objective on the stock in a research report on Monday, June 24th. ValuEngine cut shares of Tempur Sealy International from a “buy” rating to a “hold” rating in a report on Wednesday, September 4th. Finally, Guggenheim restated a “hold” rating on shares of Tempur Sealy International in a report on Wednesday, June 19th. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $83.10.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Penserra Capital Management LLC bought a new position in shares of Tempur Sealy International in the first quarter valued at $28,000. Shine Investment Advisory Services Inc. increased its holdings in Tempur Sealy International by 26.6% during the second quarter. Shine Investment Advisory Services Inc. now owns 913 shares of the company’s stock worth $67,000 after buying an additional 192 shares during the last quarter. NEXT Financial Group Inc raised its position in Tempur Sealy International by 1,356.1% during the second quarter. NEXT Financial Group Inc now owns 961 shares of the company’s stock worth $71,000 after acquiring an additional 895 shares in the last quarter. Ropes Wealth Advisors LLC bought a new stake in Tempur Sealy International during the second quarter worth $73,000. Finally, Advisory Services Network LLC acquired a new stake in Tempur Sealy International in the second quarter valued at $163,000.

Tempur Sealy International Company Profile

Tempur Sealy International, Inc develops, manufactures, markets and distributes bedding products. It operates through North America and International segments. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the U.S.

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Insider Buying and Selling by Quarter for Tempur Sealy International (NYSE:TPX)

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