Mattress Firm Holding Corp (NASDAQ:MFRM), saw a high level insider lower his exposure to the company. Through multiple transactions that began on July 14th, and were filed today, July 16th, Executive Vice President Craig McAndrews disposed of 837 shares at a range of $46.98 to $47.2 per share. Following this transaction, McAndrews now holds 13,316 shares directly in Mattress Firm Holding Corp (NASDAQ:MFRM), the $1.56 million specialty retailer of mattresses and related products and accessories in the United States.
In addition, there are three hedge funds with major holdings in the company. David S. Winter And David J. Millstone‘s 40 North management reported a 7% increase in it’s activity last quarter, and now has 2,967,837 shares worth nearly $142 million; Sharlyn C. Heslam‘s Stockbridge Partners has 2,735,481 shares worth $130.8 million invested in the company; while Alan Fournier‘s Pennant Capital Management saw a 15% rise last quarter, and now holds 1,454,755 shares worth approximately $69.5 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.
