Williams Sonoma Inc (WSM): Janet Hayes , PRESIDENT WS BRAND of Williams Sonoma Inc sold 15,027 shares on Sep 21, 2016. The Insider selling transaction was reported by the company on Sep 23, 2016 to the Securities and Exchange Commission. The shares were sold at $50.06 per share for a total value of $747,510.25 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 31, 2016, Laura Alber (PRESIDENT & CEO) sold 80,000 shares at $53.19 per share price.On Jun 2, 2016, Julie Whalen (EVP CHIEF FINANCIAL OFFICER) sold 13,500 shares at $52.85 per share price.Also, On Jun 2, 2016, Sandra Stangl (PRESIDENT POTTERY BARN BRANDS) sold 23,000 shares at $54.02 per share price.On Nov 27, 2015, Anthony Greener (director) sold 5,000 shares at $63.12 per share price.
Williams-Sonoma: On Thursday, Sep 22, 2016 heightened volatility was witnessed in Williams-Sonoma which led to swings in the share price. The shares opened for trading at $50.37 and hit $50.72 on the upside , eventually ending the session at $50.46, with a gain of 1.02% or 0.51 points. The heightened volatility saw the trading volume jump to 20,68,288 shares. The 52-week high of the share price is $79.55 and the company has a market cap of $4,467 M . The 52-week low of the share price is at $47.33.
On Sep 16, 2016, Williams-Sonoma announced a cash dividend of $0.3700. The company’s management has announced Oct 25, 2016 as the ex-dividend date and fixed the record date on Oct 27, 2016. The payable date has been fixed on Nov 23, 2016.
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 Company’s products are also available to customers through its catalogs and online across the world.