Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Williams-Sonoma, Inc shares valued at $9,347,221 were purchased by ALBER LAURA on Jan 21 ’25. At $207.72 per share, ALBER LAURA acquired 45,000 shares.
Also, Howie Jeffrey sold 3,160 shares, netting a total of over 560,562 in proceeds. Following the sale of shares at $177.39 each, the insider now holds 46,388 shares.
Before that, Jeffrey Howie had added 3,160 shares to its account. In a trade valued at $562,290, the Officer bought Williams-Sonoma, Inc shares for $177.94 each.
As published in a research note from Telsey Advisory Group on November 21, 2024, Williams-Sonoma, Inc [WSM] has been retained to an Outperform and the price target has been revised to $190. Analysts at Wedbush downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in late October. As of September 11, 2024, Jefferies has increased its “Hold” rating to a “Buy” for WSM. Earlier on August 23, 2024, Telsey Advisory Group resumed its rating. Their recommendation was “an Outperform” for WSM stock.
Analyzing WSM Stock Performance
During the last five days, there has been a surge of approximately 10.13%. Over the course of the year, Williams-Sonoma, Inc shares have jumped approximately 14.54%. Shares of the company reached a 52-week high of $212.92 on 01/22/25 and a 52-week low of $184.71 on 01/02/25. A 50-day SMA is recorded $178.22, while a 200-day SMA reached $153.42. Nevertheless, trading volume fell to 1.45 million shares from 1.85 million shares the previous day.
Support And Resistance Levels for Williams-Sonoma, Inc (WSM)
According to the 24-hour chart, there is a support level at 210.35, which, if violated, would cause prices to drop to 208.60. In the upper region, resistance lies at 213.39. The next price resistance is at 214.67. RSI (Relative Strength Index) is 72.20 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 10.90, which suggests the price will increase in the coming days. Percent R is at 2.74%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
