Insider Buying Update for Wednesday, November 19: SONO, ARX
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 19 2025
0mins
Source: NASDAQ.COM
Sonos CEO Investment: Thomas Conrad, CEO of Sonos, purchased 62,325 shares of SONO at $16.17 each, totaling $1.01 million, and saw a 1.6% gain during the trading session.
Previous Purchase: Prior to this recent buy, Conrad had invested $1.02 million in shares at a cost of $11.10 each over the past year.
Accelerant Holdings Investment: Co-Founder and CEO Jeffrey L. Radke bought $999,366 worth of Accelerant Holdings, acquiring 74,110 shares at $13.48 each.
Market Performance: As of Wednesday, Sonos shares were up about 0.6%, while Accelerant Holdings was down approximately 2%.
Analyst Views on SONO
Wall Street analysts forecast SONO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SONO is 19.00 USD with a low forecast of 17.00 USD and a high forecast of 21.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 16.200
Low
17.00
Averages
19.00
High
21.00
Current: 16.200
Low
17.00
Averages
19.00
High
21.00
About SONO
Sonos, Inc., and its wholly owned subsidiaries designs, develops, manufactures, and sells audio products and services. It offers customers a proprietary software platform, and the ability to stream content from a variety of sources over the customer’s wireless network or over Bluetooth. Its product lineup includes wireless, portable, and home theater speakers, headphones, components, and accessories. Its products are sold through third-party physical retailers, including custom installers of home audio systems, e-commerce retailers, and its Website sonos.com. Its products include Era 100, Era 300, Five, Roam 2, Move 2, Ray, Beam (Gen 2), Arc, Sub Mini, and Sub (Gen 3). Its proprietary software includes multi-room, multi-service experience, open platform for content partners, and smart audio tuning. Its products are distributed in more than 60 countries through retailer's physical stores and their websites, online retailers, custom installers who bundle its products with their services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
