In a filing, Williams-Sonoma, Inc. revealed its PRESIDENT & CEO ALBER LAURA unloaded Company’s shares for reported $5.81 million on Sep 16 ’24. In the deal valued at $145.27 per share,40,000 shares were sold. As a result of this transaction, ALBER LAURA now holds 1,030,956 shares worth roughly $158.18 million.
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Then, ALBER LAURA bought 40,000 shares, generating $5,808,756 in total proceeds.
Before that, Smith Karalyn sold 11,100 shares. Williams-Sonoma, Inc. shares valued at $1,494,726 were divested by the EVP CHIEF TALENT OFFICER at a price of $134.66 per share. As a result of the transaction, Smith Karalyn now holds 15,150 shares, worth roughly $2.32 million.
Jefferies upgraded its Williams-Sonoma, Inc. [WSM] rating to a Buy from a a Hold in a research note published on September 11, 2024; the price target was increased to $156 from $148. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in late August has reiterated a ‘”an Outperform”‘ rating for it. Telsey Advisory Group also remained covering WSM and reiterated its “an Outperform” recommendation on July 12, 2024. JP Morgan revised its rating on May 03, 2024. It rated WSM as “a Neutral” which previously was an “an Underweight”.
Price Performance Review of WSM
On Monday, Williams-Sonoma, Inc. [NYSE:WSM] saw its stock jump 3.10% to $153.43. Over the last five days, the stock has gained 5.80%. Williams-Sonoma, Inc. shares have risen nearly 52.08% since the year began. Nevertheless, the stocks have risen 117.25% over the past one year. While a 52-week high of $174.26 was reached on 05/22/24, a 52-week low of $69.95 was recorded on 02/01/24. SMA at 50 days reached $142.34, while 200 days put it at $132.95.
Levels Of Support And Resistance For WSM Stock
The 24-hour chart illustrates a support level at 148.96, which if violated will result in even more drops to 144.49. On the upside, there is a resistance level at 155.89. A further resistance level may holdings at 158.35. The Relative Strength Index (RSI) on the 14-day chart is 65.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 10.77, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.70%. Stochastics %K at 90.71% indicates the stock is a selling.
How much short interest is there in Williams-Sonoma, Inc.?
A steep rise in short interest was recorded in Williams-Sonoma, Inc. stocks on 2024-08-30, growing by 0.72 million shares to a total of 13.43 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 12.7 million shares. There was a rise of 5.38%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 25, 2024 when Telsey Advisory Group resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $340.
