Tanya Skogerboe Sells Shares of SNBR
On June 12, 2026, Tanya Skogerboe sold 21,566 shares of SNBR, valued at $8,195.
Key Points
- Tanya Skogerboe, SVP at SNBR, sold 21,566 shares valued at $8,195 on June 12, 2026.
- SNBR shares recently traded near $0.22 as institutional investors adjusted their positions.
- Analysts from UBS and Piper Sandler maintained hold ratings with varying price targets.
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On June 12, 2026, Tanya Skogerboe, Senior Vice President and Chief Supply Chain Officer at SNBR, sold 21,566 shares of the company. The shares were sold at an average price of $0.38, totaling a transaction value of $8,195.08. This was not a planned sale under a Rule 10b5-1 plan.
Other Institutional Activity in SNBR
Several institutional investors have also been active with SNBR shares. Pacific Ridge Capital Partners, LLC increased its holdings by 621,833 shares, resulting in a total of 1,767,445 shares valued at approximately $3,172,564. BlackRock, Inc. trimmed its position by 68,991 shares, leaving it with 1,371,804 shares worth about $2,462,389. Meanwhile, Charles Schwab Investment Management Inc added 33,143 shares, bringing its total to 1,154,388 shares valued at $2,072,126. Vanguard Capital Management LLC and Marshall Wace, LLP both established new positions, each holding 920,066 and 806,416 shares respectively.
SNBR Stock Snapshot
Shares of SNBR recently traded around $0.22. The stock is being closely watched by investors as it adjusts to movements among institutional shareholders and insider transactions.
Insider Buying and Selling at Sleep Number Corp
In addition to Tanya Skogerboe, several other insiders at SNBR engaged in stock transactions on June 12, 2026. Melissa Barra, EVP and Chief Product Officer, sold 81,512 shares at $0.37 each. Amber Minson, EVP and Chief Marketing Officer, sold 4,293 shares at a price of $0.41. Kelly Baker, Principal Accounting Officer, sold 614 shares at $0.40, while Samuel Hellfeld, EVP Chief Legal & Risk Officer, sold 40,000 shares at $0.39. Stephen Macadam also sold 97,272 shares at $0.44.
Analysts Set New Price Targets
Analysts have been maintaining their ratings on SNBR. On May 13, 2026, UBS maintained a hold rating with a price target of $2.00. Piper Sandler also maintained a hold rating in previous months, with targets ranging from $5.00 to $12.00 across various dates.
Bottom Line
The recent insider selling activity at SNBR, including Tanya Skogerboe's transaction, is part of a broader trend of stock movements within the company. Investors often track these insider transactions to gauge management's outlook on the company's future. While 13F filings and insider trades provide insights, they represent past actions and may not reflect current positions or intentions.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.