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Brad Patrick, EVP of Tempur-pedic International Inc, recently cashed-in 24,600 options. The options were exercised at prices ranging between $27.70 and $28.23, while the disposals took place at $81.01 per share, on November 06, 2015. Patrick continues to hold 3,414 shares of the company.
I don't blame him with the stock price being ridiculously high. This will probably mark the beginning of more insider sales.
There products price matches the company's evaluation . At this point if your a buyer here your a crazier then somebody who would spend that much for a mattress . No value here at all . I'm calling market preform to under preform over the next year
Love my tempur pedic rhapsody bed ... There's no competition for this company and this quality bed! try talking yourself into a cheaper bed and you will end up with a p.o.s. Bed that you wished you didn't pay what you paid for it. And, you still will be back, and buying the tempur-pedic. i would have to guess that tpx has solid pricing power due to their advancements in memory foam technology. They just know how to blend the foam to get the perfect outcome in support and comfort. And, what's that worth to someone who has health or orthopedic issues? It's worth alot more than what they are pricing their beds for. These are high end home-based medical devices.that diserve a p/e multiple of 45 to 55 i