Insider Buying: Sleep Country Canada Holdings Inc (ZZZ) Insider Buys C$88,140.00 in Stock

Sleep Country Canada Holdings Inc (TSE:ZZZ) insider Sieg Will purchased 2,600 shares of the firm’s stock in a transaction on Friday, December 15th. The stock was acquired at an average price of C$33.90 per share, for a total transaction of C$88,140.00.

Sieg Will also recently made the following trade(s):

  • On Tuesday, December 19th, Sieg Will purchased 97 shares of Sleep Country Canada stock. The stock was acquired at an average price of C$34.38 per share, for a total transaction of C$3,334.86.

Shares of Sleep Country Canada Holdings Inc (ZZZ) traded up C$0.10 during mid-day trading on Friday, hitting C$33.88. 56,700 shares of the stock traded hands, compared to its average volume of 81,398. The company has a market cap of $1,280.00 and a P/E ratio of 23.05. Sleep Country Canada Holdings Inc has a 12-month low of C$28.00 and a 12-month high of C$42.36.

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 27th. Stockholders of record on Monday, November 27th were given a dividend of $0.165 per share. The ex-dividend date was Thursday, November 16th. This represents a $0.66 annualized dividend and a dividend yield of 1.95%. Sleep Country Canada’s payout ratio is 42.86%.

ZZZ has been the topic of several recent analyst reports. TD Securities downgraded shares of Sleep Country Canada from a “buy” rating to a “hold” rating and decreased their price objective for the company from C$45.00 to C$41.00 in a research report on Thursday, November 2nd. Raymond James Financial decreased their price objective on shares of Sleep Country Canada from C$40.00 to C$38.00 and set a “market perform” rating on the stock in a research report on Friday, November 3rd. National Bank Financial decreased their price objective on shares of Sleep Country Canada from C$40.00 to C$39.00 and set an “outperform” rating on the stock in a research report on Friday, November 3rd. Scotiabank restated an “outperform” rating and set a C$44.00 price objective on shares of Sleep Country Canada in a research report on Tuesday, October 24th. Finally, CIBC decreased their price objective on shares of Sleep Country Canada from C$44.00 to C$42.00 in a research report on Thursday, November 2nd. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of C$40.50.

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About Sleep Country Canada

Sleep Country Canada Holdings Inc operates as a specialty mattress retailer in Canada. The company offers a range of mattresses; and sleep related products and accessories, such as bed frames, pillows, mattress pads, sheets, duvets, headboards, and footboards. As of September 6, 2017, it operated 244 corporate-owned stores, including 191 Sleep Country stores across Canada and 53 Dormez-vous stores in Quebec.

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

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