Bob’s Discount Furniture (NYSE:BOBS) Rating Increased to Hold at Wall Street Zen

Bob’s Discount Furniture (NYSE:BOBS) was upgraded by equities researchers at Wall Street Zen to a “hold” rating in a report released on Monday.

Bob’s Discount Furniture Stock Performance

Insiders Place Their Bets

In other Bob’s Discount Furniture news, Director John Thomas Kilgallon sold 2,917,500 shares of the firm’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $15.94, for a total value of $46,504,950.00. Following the transaction, the director directly owned 95,370,751 shares of the company’s stock, valued at $1,520,209,770.94. This trade represents a 2.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jennifer Lynn Davis sold 2,917,500 shares of the company’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $15.94, for a total value of $46,504,950.00. Following the completion of the sale, the director directly owned 95,370,751 shares of the company’s stock, valued at $1,520,209,770.94. The trade was a 2.97% decrease in their position. The disclosure for this sale is available in the SEC filing.

About Bob’s Discount Furniture

Bob’s Discount Furniture (NYSE: BOBS) is a U.S.-based specialty retailer of residential furniture and home furnishings. The company operates a network of company-owned showrooms alongside an e-commerce platform to sell living room, bedroom and dining furniture, mattresses, home office pieces, and decorative accessories. Its merchandising and marketing emphasize value-oriented pricing and broad selection across mainstream categories.

In addition to merchandise sales, Bob’s Discount Furniture offers services commonly associated with full-service furniture retail, including delivery, white-glove setup in some markets, and consumer financing options.