SonosSONO
Market Cap: 1.67B
About: Sonos Inc is engaged in providing home sound systems. The company's product profile includes speaker sets and other accessories like boost, mounts, stands, and cables and networking. Geographically, the company operates in the Americas, Europe, the Middle East and Africa, and the Asia Pacific. Generating a majority of its revenue from the Americas.
Employees: 1,867
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
82% more call options, than puts
Call options by funds: $20.6M | Put options by funds: $11.3M
42% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 43
11% more capital invested
Capital invested by funds: $1.84B [Q4 2023] → $2.05B (+$206M) [Q1 2024]
7% more funds holding
Funds holding: 253 [Q4 2023] → 271 (+18) [Q1 2024]
0.96% more ownership
Funds ownership: 85.85% [Q4 2023] → 86.81% (+0.96%) [Q1 2024]
28% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 94
33% less funds holding in top 10
Funds holding in top 10: 3 [Q4 2023] → 2 (-1) [Q1 2024]
Research analyst outlook
4 Wall Street Analysts provided 1 year price forecasts over the past 6 months
4 analyst ratings
Rosenblatt Steve Frankel | 77%upside $24 | Buy Reiterated | 25 Mar 2024 |
Rosenblatt Steve Frankel | 77%upside $24 | Buy Reiterated | 12 Mar 2024 |
Morgan Stanley Erik Woodring | 84%upside $25 | Overweight Maintained | 7 Feb 2024 |
Rosenblatt Steve Frankel | 77%upside $24 | Buy Maintained | 7 Feb 2024 |