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Williams-Sonoma, Inc (WSM) rating reiterates by Telsey Advisory Group

Williams-Sonoma, Inc’s recent filing unveils that its PRESIDENT & CEO ALBER LAURA unloaded Company’s shares for reported $9.35 million on Jan 21 ’25. In the deal valued at $207.76 per share,45,000 shares were sold. As a result of this transaction, ALBER LAURA now holds 944,666 shares worth roughly $196.67 million.

Then, ALBER LAURA bought 45,000 shares, generating $9,347,221 in total proceeds.

Before that, Howie Jeffrey sold 3,160 shares. Williams-Sonoma, Inc shares valued at $560,562 were divested by the EVP CHIEF FINANCIAL OFFICER at a price of $177.39 per share. As a result of the transaction, Howie Jeffrey now holds 46,388 shares, worth roughly $9.66 million.

Telsey Advisory Group reiterated its Williams-Sonoma, Inc [WSM] rating to an Outperform in a research note published on November 21, 2024; the price target was $190. A number of analysts have revised their coverage, including Wedbush’s analysts, who decreased its forecast for the stock in late October from “an Outperform” to “a Neutral”. Jefferies also remained covering WSM and has increased its forecast on September 11, 2024 with a “Buy” recommendation from previously “Hold” rating. Telsey Advisory Group maintained its rating on August 23, 2024. It rated WSM as “an Outperform”.

Price Performance Review of WSM

On Tuesday, Williams-Sonoma, Inc [NYSE:WSM] saw its stock jump 1.81% to $208.19. Over the last five days, the stock has lost -3.03%. Williams-Sonoma, Inc shares have risen nearly 12.43% since the year began. Nevertheless, the stocks have risen 111.38% over the past one year. While a 52-week high of $219.98 was reached on 01/30/25, a 52-week low of $97.57 was recorded on 01/02/25. SMA at 50 days reached $192.73, while 200 days put it at $156.33.

Levels Of Support And Resistance For WSM Stock

The 24-hour chart illustrates a support level at 205.28, which if violated will result in even more drops to 202.38. On the upside, there is a resistance level at 210.17. A further resistance level may holdings at 212.15. The Relative Strength Index (RSI) on the 14-day chart is 57.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.78%. Stochastics %K at 56.34% indicates the stock is a holding.

How much short interest is there in Williams-Sonoma, Inc?

A steep rise in short interest was recorded in Williams-Sonoma, Inc stocks on 2024-10-31, dropping by -0.4 million shares to a total of 14.07 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 14.47 million shares. There was a decline of -2.83%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on July 12, 2024 when Telsey Advisory Group resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $170.

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