Sonos: Insiders Take Advantage of Price Weakness for a $47 Million Investment in the Audio Pioneer!

Sonos Inc. (SONO) is a pioneer in wireless multi-room audio systems and a premium provider of smart home connectivity. The company’s core solution is a modular system of speakers and soundbars that streams audio signals losslessly over Wi-Fi to any room. In March, Sonos strategically launched important new products like the Bluetooth speaker "Sonos Play" and the entry-level model "Era 100 SL." With these offerings, the company aims to significantly ease the entry into its ecosystem and is now focusing fully on its hardware core competencies in...