The Williams Companies Inc. [WMB] stock for 1,367,612 USD was sold by Cowan Debbie L.

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. The Williams Companies Inc. shares valued at $1,367,612 were sold by Cowan Debbie L. on Jun 08. At $37.75 per share, Cowan Debbie L. sold 36,228 shares. The insider’s holdings dropped to 62,891 shares worth approximately $2.01 million following the completion of this transaction.


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Also, Hallam Scott A. sold 15,607 shares, netting a total of over 519,713 in proceeds. Following the sale of shares at $33.30 each, the insider now holds 164,054 shares.

Before that, Hallam Scott A. had sold 12,838 shares from its account. In a trade valued at $434,695, the SVP Transmission & Gulf of Mex traded The Williams Companies Inc. shares for $33.86 each. Upon closing the transaction, the insider’s holdings decreased to 12,838 shares, worth approximately $5.73 million.

Analysts at Citigroup downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid December. As of October 19, 2021, Wolfe Research has decreased its “an Outperform” rating to a “Peer perform” for WMB.

Analyzing WMB’s Price Performance

On Thursday, The Williams Companies Inc. [NYSE: WMB] plunged -2.21% to $31.91. The stock’s lowest price that day was $31.81, but it reached a high of $32.44 in the same session. During the last five days, there has been a drop of approximately -5.54%. Over the course of the year, The Williams Companies Inc. shares have jumped approximately 22.54%. Shares of the company reached a 52-week high of $37.97 on 06/03/22 and a 52-week low of $26.02 on 01/03/22. A 50-day SMA is recorded $33.12, while a 200-day SMA reached $31.18. Nevertheless, trading volume fell to 7.1 million shares from 7.32 million shares the previous day.

Support And Resistance Levels for The Williams Companies Inc. (WMB)

According to the 24-hour chart, there is a support level at 31.67, which, if violated, would cause prices to drop to 31.42. In the upper region, resistance lies at 32.30. The next price resistance is at 32.68. RSI (Relative Strength Index) is 43.59 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.50, which suggests the price will decrease in the coming days. Percent R is at 82.69%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.

Is The Williams Companies Inc. subject to short interest?

Stocks of The Williams Companies Inc. saw a sharp rise in short interest on Jul 14, 2022 jumping by 3.08 million shares to 22.16 million. Data from Yahoo Finance shows that the short interest on Jun 14, 2022 was 19.08 million shares. A jump of 13.9% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.18 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.18.

Which companies own the most shares of The Williams Companies Inc. (WMB)?

According to The Vanguard Group, Inc. filings, the company currently owns 117,610,087 shares, which is about 9.66% of the total WMB shares outstanding. The investor’s shares have appreciated by 7,330,527 from its previous 13-F filing of 110279560.0 shares. With the completion of the buy transaction, SSgA Funds Management, Inc.’s stake is now worth $2,752,707,550. Dodge & Cox reduced a -0.90% interest valued at $2.21 billion while BlackRock Fund Advisors purchased a 221,430 stake. A total of 1,132,844 shares of The Williams Companies Inc. were bought by Geode Capital Management LLC during the quarter, and 3,752,725 were bought by Managed Account Advisors LLC. In its current portfolio, RREEF America LLC holds 22,029,734 shares valued at $687.55 million.

In terms of The Williams Companies Inc. share price expectations, FactSet research, analysts set an average price target of $38.15 in the next 12 months, up nearly 19.52% from the previous closing price of $32.63. Analysts anticipate The Williams Companies Inc. stock to reach $42.00 by 2022, with the lowest price target being $32.00. In spite of this, 23 analysts ranked The Williams Companies Inc. stock as an Overweight at the end of 2022. On May 17, 2021, Argus assigned a price target of “a Buy” to the stock and upgraded coverage with a $30.

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