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Tempur Sealy International Inc (TPX) Stock Could Soon Reward Patient Investors

Tempur Sealy International Inc (NYSE: TPX) is 10.10% higher on its value in year-to-date trading and has touched a low of $40.00 and a high of $58.44 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TPX stock was last observed hovering at around $55.98 in the last trading session, with the day’s gains setting it 0.14%.

Currently trading at $56.12, the stock is 3.50% and 7.06% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.97 million and changing 0.25% at the moment leaves the stock 8.97% off its SMA200. TPX registered 39.19% gain for a year compared to 6-month loss of 9.59%. The firm has a 50-day simple moving average (SMA 50) of $52.3746 and a 200-day simple moving average (SMA200) of $51.47255.

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The stock witnessed a 17.14% gain in the last 1 month and extending the period to 3 months gives it a 9.18%, and is 2.52% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.72% over the week and 2.65% over the month.

Tempur Sealy International Inc (TPX) has around 12000 employees, a market worth around $9.78B and $4.89B in sales. Current P/E ratio is 25.66. Profit margin for the company is 7.96%. Distance from 52-week low is 40.30% and -3.96% from its 52-week high. The company has generated returns on investments over the last 12 months (11.66%).

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Tempur Sealy International Inc (TPX) Top Institutional Holders

496.0 institutions hold shares in Tempur Sealy International Inc (TPX), with institutional investors hold 103.84% of the company’s shares. The shares outstanding are 173.60M, and float is at 167.46M with Short Float at 4.29%. Institutions hold 100.78% of the Float.

The top institutional shareholder in the company is SELECT EQUITY GROUP, L.P. with over 22.49 million shares valued at $1.06 billion. The investor’s holdings represent 12.9545% of the TPX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 16.21 million shares valued at $767.39 million to account for 9.3376 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 15.66 million shares representing 9.0236% and valued at over $741.58 million, while BROWNING WEST LP holds 6.2446 of the shares totaling 10.84 million with a market value of $513.19 million.

Tempur Sealy International Inc (TPX) Insider Activity

The most recent transaction is an insider sale by Wijnand Hansbart, the company’s EVP, INTERNATIONAL. SEC filings show that Wijnand Hansbart sold 11,916 shares of the company’s common stock on Feb 20 ’24 at a price of $50.31 per share for a total of $0.6 million. Following the sale, the insider now owns 27631.0 shares.

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