Williams-Sonoma (WSM) has risen sharply, recording gains of 1.75% in the past 4 weeks. However, the stock has corrected -1.11% in the past 1 week, providing a good buying opportunity on dips. Williams-Sonoma (WSM) : During the past 4 weeks, traders have been relatively bearish on Williams-Sonoma (WSM), hence the stock is down -2.51% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.56% relative to the S&P 500. The stock has recorded a 20-day Moving Average of 1.12% and the 50-Day Moving Average is 0.9%.
Williams-Sonoma (NYSE:WSM): The stock opened at $55.49 on Friday but the bulls could not build on the opening and the stock topped out at $55.77 for the day. The stock traded down to $53.40 during the day, due to lack of any buying support eventually closed down at $53.54 with a loss of -2.95% for the day. The stock had closed at $55.17 on the previous day. The total traded volume was 1,627,852 shares.
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 91.32% of Williams-Sonoma shares. During last six month period, the net percent change held by insiders has seen a change of -36.41%. In a related news, The Securities and Exchange Commission has divulged that Whalen Julie, officer (EVP CHIEF FINANCIAL OFFICER) of Williams Sonoma Inc, had unloaded 13,500 shares at an average price of $52.85 in a transaction dated on June 1, 2016. The total value of the transaction was worth $713,475.
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.