Coliseum capital buys Sonos (SONO) shares worth $9.14 million

try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Nasdaq ends more than 1% higher as Nvidia rises pre-earnings, tech extends rebound Nvidia’s results beat estimates, but Wall Street wants more cash return Gold prices head for fifth day of gains in six; JPMorgan sees more upside Nvidia set to report strong results and guidance, analysts say (South Africa Philippines Nigeria) Coliseum capital buys Sonos shares worth $9.14 million By Investing.com Insider Trading Published 02/25/2026, 09:37 PM Coliseum capital buys Sonos shares worth $9.14 million 0 SONO 4.05% Coliseum Capital Management, along with other related entities and individuals, reported purchasing shares of Sonos Inc (NASDAQ:SONO) common stock in a series of transactions totaling $9.14 million. The purchases, executed between February 23 and February 25, 2026, were made at prices ranging from $14.83 to $15.25 per share. On February 23, 360,000 shares were acquired at a weighted average price of $14.90, in multiple transactions at prices ranging from $14.75 to $14.95. The following day, February 24, an additional 133,259 shares were purchased at a weighted average price of $14.83, with individual prices ranging from $14.53 to $15.00. The buying spree concluded on February 25 with the acquisition of 118,020 shares at a weighted average price of $15.25, in multiple transactions at prices ranging from $14.96 to $15.40. The purchase prices align closely with the current stock price of $15.40, which InvestingPro analysis suggests remains undervalued relative to its Fair Value—placing SONO among potential opportunities on the platform’s most undervalued stocks list . Analysts maintain an optimistic outlook with price targets ranging from $17.50 to $21. The reported entities include Coliseum Capital Partners, L.P., Coliseum Co-Invest IV, L.P., Coliseum Capital, LLC, Coliseum Capital Management, LLC, Christopher S. Shackelton, and Adam Gray. Following these transactions, the total shares owned by these entiti...