Williams-Sonoma (NYSE:WSM) has climbed 2.55% in the past week and advanced 5.07% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.78% and the outperformance has advanced to 4.11% for the last 4 weeks period.
Williams-Sonoma (NYSE:WSM): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $51.99 and $51.67 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $53.06. The buying momentum continued till the end and the stock did not give up its gains. It closed at $52.62, notching a gain of 1.23% for the day. The total traded volume was 2,736,879 . The stock had closed at $51.98 on the previous day.
The company shares have dropped -35.04% from its 1 Year high price. On Aug 18, 2015, the shares registered one year high at $89.38 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $53.75 and the 200 Day Moving Average price is recorded at $55.74.
On the companys insider trading activities, Whalen Julie, officer (EVP CHIEF FINANCIAL OFFICER) of Williams Sonoma Inc, unloaded 13,500 shares at an average price of $52.85 on June 1, 2016. The total amount of the transaction was worth $713,475, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. BTIG Research initiates coverage on Williams-Sonoma (NYSE:WSM). The shares have now been rated Sell by the stock experts at the ratings house. BTIG Research announces the current price target of $45 per share on Williams-Sonoma . The rating by the firm was issued on June 1, 2016. Currently the company Insiders own 2.2% of Williams-Sonoma shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -36.41% . Institutional Investors own 90.3% of Williams-Sonoma shares. During last six month period, the net percent change held by insiders has seen a change of -36.41%.
Williams-Sonoma, Inc. is an e-commerce and multi-channel specialty retailer of products for the home with some brands in home furnishings. The Company operates in two segments: e-commerce and retail. The e-commerce segment has the merchandising strategies, which include Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation and Mark and Graham, which sells its products through its e-commerce Websites and direct-mail catalogs. The retail segment has the merchandising strategies, which include Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm and Rejuvenation, which sells its products through its retail stores. The Company operates retail stores in the United States, Canada, Puerto Rico, Australia and the United Kingdom, and franchises its brands to third-parties in various countries in the Middle East and the Philippines. The Companys products are also available to customers through its catalogs and online across the world.