Large Outflow of Money Witnessed in Williams-Sonoma

Williams-Sonoma (WSM) : Net money flow in Williams-Sonoma (WSM) was negative ($20.64 million) and the inflow of money on uptick was $6.13 million, whereas, the outflow of money on downticks amounted to $26.77 million on Friday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.23. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $19.91 million. The money flow in block trades was negative ($19.91). Williams-Sonoma (WSM) gained $0.21 cent during the day and reached $53.51, a gain of 0.39% over the previous day.


Williams-Sonoma (WSM) : The highest short term price target forecast on Williams-Sonoma (WSM) is $87 and the lowest target price is $45. A total of 16 equity analysts are currently covering the company. The average price of all the analysts is $60.44 with a standard deviation of $11.18.

Williams-Sonoma (NYSE:WSM): stock turned positive on Friday. Though the stock opened at $53.51, the bulls momentum made the stock top out at $53.77 level for the day. The stock recorded a low of $53.1072 and closed the trading day at $53.51, in the green by 0.39%. The total traded volume for the day was 1,011,180. The stock had closed at $53.3 in the previous days trading.

In a related news, 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.

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.

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