Sonos, Inc. $SONO Shares Bought by OMERS ADMINISTRATION Corp

Posted by on Jul 29th, 2026

OMERS ADMINISTRATION Corp raised its stake in Sonos, Inc. (NASDAQ:SONO – Free Report) by 47.2% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 157,842 shares of the company’s stock after purchasing an additional 50,600 shares during the period. OMERS ADMINISTRATION Corp owned 0.13% of Sonos worth $2,115,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership raised its position in shares of Sonos by 626.8% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,663,480 shares of the company’s stock valued at $42,083,000 after acquiring an additional 2,296,996 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in Sonos by 258.8% in the first quarter. Renaissance Technologies LLC now owns 1,706,501 shares of the company’s stock worth $22,867,000 after acquiring an additional 1,230,900 shares during the last quarter. Cubist Systematic Strategies LLC boosted its stake in Sonos by 250.8% in the second quarter. Cubist Systematic Strategies LLC now owns 1,393,706 shares of the company’s stock valued at $15,066,000 after acquiring an additional 996,425 shares during the period. OP Asset Management Ltd acquired a new position in Sonos in the first quarter valued at approximately $10,414,000. Finally, AQR Capital Management LLC grew its holdings in shares of Sonos by 1,472.4% during the second quarter. AQR Capital Management LLC now owns 804,583 shares of the company’s stock valued at $8,698,000 after purchasing an additional 753,414 shares during the last quarter. Institutional investors and hedge funds own 85.82% of the company’s stock.

Sonos Stock Up 7.3%

Shares of Sonos stock opened at $16.80 on Wednesday. The business has a fifty day simple moving average of $14.82 and a 200-day simple moving average of $14.76. The firm has a market cap of $2.00 billion, a price-to-earnings ratio of 98.83 and a beta of 1.96. Sonos, Inc. has a fifty-two week low of $10.11 and a fifty-two week high of $19.82.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Rosenblatt Securities reaffirmed a “buy” rating and issued a $21.00 target price on shares of Sonos in a research report on Monday, June 15th. Wall Street Zen downgraded shares of Sonos from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 2nd. Weiss Ratings raised shares of Sonos from a “sell (d-)” rating to a “sell (d)” rating in a research note on Thursday, May 7th. Finally, Zacks Research lowered shares of Sonos from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $20.00.

Read Our Latest Stock Report on SONO

Sonos Profile

(Free Report)

Sonos, Inc is a consumer electronics company specializing in wireless home audio systems. The company’s core business revolves around designing, developing and manufacturing smart speakers and soundbars that deliver high-fidelity audio and seamless multi-room listening experiences. Sonos products connect via Wi-Fi or Bluetooth and integrate with popular streaming services, enabling users to control music and other audio content through a dedicated mobile app, voice assistants or traditional controls.

Sonos offers a diversified product lineup that includes compact speakers such as Sonos One and Sonos Roam, premium models like Sonos Five and Sonos Move, home theater solutions including Sonos Beam and Sonos Arc, as well as accessories such as the Sonos Sub and Sonos Amp.

Featured Articles

Want to see what other hedge funds are holding SONO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sonos, Inc. (NASDAQ:SONO – Free Report).

Institutional Ownership by Quarter for Sonos (NASDAQ:SONO)

Receive News & Ratings for Sonos Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sonos and related companies with MarketBeat.com's FREE daily email newsletter.