Coliseum Capital Management and several related investment vehicles increased their position in Sonos Inc. (NASDAQ: SONO) through three separate purchases during February 2026, with the combined transactions valued at $10,180,585.
The purchases were executed on February 12, February 13 and February 17, 2026. On February 12 Coliseum bought 100,000 shares at a weighted average price of $16.11. The February 13 transaction added 257,210 shares at a weighted average price of $15.74. The final purchase on February 17 consisted of 290,000 shares at a weighted average price of $15.59.
Across the three trades, the price per share ranged from $15.59 to $16.11. Following these acquisitions, Coliseum Capital and affiliated entities hold a total of 16,310,563 shares of Sonos common stock.
The group of entities involved in the purchases includes Coliseum Capital Partners, L.P., Coliseum Co-Invest IV, L.P., and a separate account investment advisory client of Coliseum Capital Management, LLC. The filing notes that Christopher S. Shackelton and Adam Gray, managers of Coliseum Capital, LLC, disclaim beneficial ownership of the shares except to the extent of their pecuniary interest.
These purchases coincide with Sonos reporting a robust fiscal first quarter for 2026. The company posted non-GAAP earnings per share of $0.93, outperforming the consensus estimate of $0.48 by 93.75%. Revenue for the quarter was $546 million, beating the $523.21 million estimate by 4.36%.
Rosenblatt Securities has reiterated a Buy rating on Sonos with a price target of $21.00, citing the company’s strong quarterly results. In its commentary the research firm highlighted Sonos’s success in reducing costs and generating solid free cash flow during the period. Rosenblatt also pointed to the company’s ability to manage margin pressures stemming from tariffs and macroeconomic headwinds.
Institutional buying by Coliseum Capital and the favorable quarterly results together present a clearer picture of market activity surrounding Sonos. The combination of insider-related purchases and an earnings beat provides investors with fresh data points on shareholder confidence and operational performance, particularly in the consumer audio and broader consumer electronics sectors.
While this report documents the transactions and the company’s quarterly performance, it does not provide guidance about future trading or investment decisions. The filings and reported results stand as disclosed facts for market participants to weigh alongside their own analysis.