Sonos Inc (NASDAQ: SONO) is -31.05% lower on its value in year-to-date trading and has touched a low of $7.62 and a high of $15.89 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SONO stock was last observed hovering at around $9.92 in the last trading session, with the day’s gains setting it 0.45%.
Currently trading at $10.37, the stock is 1.50% and 8.11% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.7 million and changing 4.54% at the moment leaves the stock -14.87% off its SMA200. SONO registered -34.98% loss for a year compared to 6-month loss of -28.78%.
The stock witnessed a -4.25% gain in the last 1 month and extending the period to 3 months gives it a -10.83%, and is -0.86% down 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 3.82% over the week and 3.01% over the month.
Sonos Inc (SONO) has around 1708 employees, a market worth around $1.25B and $1.46B in sales. Profit margin for the company is -4.74%. Distance from 52-week low is 36.00% and -34.74% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.77%).
The EPS is expected to shrink by -158.06% this year.
Sonos Inc (SONO) Top Institutional Holders
The shares outstanding are 123.76M, and float is at 117.26M with Short Float at 6.07%.
The top institutional shareholder in the company is BLACKROCK INC. with over 19.52 million shares valued at $288.12 million. The investor’s holdings represent 15.9278% of the SONO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 14.18 million shares valued at $209.33 million to account for 11.5724 of the shares outstanding. The other top investors are TRIGRAN INVESTMENTS, INC. which holds 5.28 million shares representing 4.3071% and valued at over $77.91 million, while STATE STREET CORP holds 3.9394 of the shares totaling 4.83 million with a market value of $71.26 million.
Sonos Inc (SONO) Insider Activity
The most recent transaction is an insider purchase by Coliseum Capital Management, L, the company’s 10% Owner. SEC filings show that Coliseum Capital Management, L bought 280,000 shares of the company’s common stock on Jun 13 ’25 at a price of $9.93 per share for a total of $2.78 million. Following the purchase, the insider now owns 12.64 million shares.
Sonos Inc disclosed in a document filed with the SEC on Jun 12 ’25 that Coliseum Capital Management, L (10% Owner) bought a total of 240,000 shares of the company’s common stock. The trade occurred on Jun 12 ’25 and was made at $10.21 per share for $2.45 million. Following the transaction, the insider now directly holds 12.36 million shares of the SONO stock.
Still, SEC filings show that on Jun 16 ’25, Coliseum Capital Management, L (10% Owner) acquired 131,588 shares at an average price of $10.26 for $1.35 million. The insider now directly holds 12,769,676 shares of Sonos Inc (SONO).
