Sonos Inc (NASDAQ: SONO) is -30.17% 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 $10.75 in the last trading session, with the day’s loss setting it -8.79%.
Currently trading at $1.96M, the stock is 2.96% and 6.87% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.95 million and changing 1945960% at the moment leaves the stock -13.13% off its SMA200. SONO registered -29.99% loss for a year compared to 6-month loss of -27.68%. The firm has a 50-day simple moving average (SMA 50) of $9.853 and a 200-day simple moving average (SMA200) of $12.1214.
The stock witnessed a 2.13% gain in the last 1 month and extending the period to 3 months gives it a -8.03%, and is 6.04% 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 3.52% over the week and 3.65% over the month.
Sonos Inc (SONO) has around 1708 employees, a market worth around $1.26B and $1.46B in sales. Profit margin for the company is -4.74%. Distance from 52-week low is 38.10% and -33.73% 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
387.0 institutions hold shares in Sonos Inc (SONO), with institutional investors hold 96.48% of the company’s shares. The shares outstanding are 123.76M, and float is at 117.23M with Short Float at 6.39%. Institutions hold 94.21% of the Float.
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 238,000 shares of the company’s common stock on Jun 20 ’25 at a price of $9.92 per share for a total of $2.36 million. Following the purchase, the insider now owns 13.01 million shares.
Sonos Inc disclosed in a document filed with the SEC on Jun 24 ’25 that Coliseum Capital Management, L (10% Owner) bought a total of 111,898 shares of the company’s common stock. The trade occurred on Jun 24 ’25 and was made at $10.34 per share for $1.16 million. Following the transaction, the insider now directly holds 13.19 million shares of the SONO stock.
Still, SEC filings show that on Jun 23 ’25, Coliseum Capital Management, L (10% Owner) acquired 73,530 shares at an average price of $9.89 for $0.73 million. The insider now directly holds 13,081,206 shares of Sonos Inc (SONO).
