Skip to main content

Julie Whalen Sells 3,000 Shares of Williams-Sonoma, Inc. (NYSE:WSM) Stock

Saturday, April 17, 2021 | MarketBeat

Williams-Sonoma, Inc. (NYSE:WSM) CFO Julie Whalen sold 3,000 shares of the firm's stock in a transaction dated Thursday, April 15th. The shares were sold at an average price of $172.42, for a total transaction of $517,260.00. Following the completion of the transaction, the chief financial officer now directly owns 55,510 shares in the company, valued at approximately $9,571,034.20. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

WSM traded up $2.23 during trading on Friday, reaching $174.31. 1,688,951 shares of the stock were exchanged, compared to its average volume of 1,483,193. The stock has a market cap of $13.28 billion, a P/E ratio of 33.59, a price-to-earnings-growth ratio of 2.61 and a beta of 1.63. Williams-Sonoma, Inc. has a twelve month low of $47.89 and a twelve month high of $188.23. The stock's 50 day moving average price is $159.06 and its two-hundred day moving average price is $122.46. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.73 and a current ratio of 1.36.

Williams-Sonoma (NYSE:WSM) last issued its earnings results on Tuesday, March 16th. The specialty retailer reported $3.95 earnings per share for the quarter, topping the Zacks' consensus estimate of $3.22 by $0.73. The business had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.18 billion. Williams-Sonoma had a net margin of 6.83% and a return on equity of 36.53%. The firm's revenue for the quarter was up 24.4% on a year-over-year basis. During the same period in the previous year, the company earned $2.13 earnings per share. Equities research analysts predict that Williams-Sonoma, Inc. will post 6.38 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, May 28th. Investors of record on Friday, April 23rd will be issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 1.35%. This is an increase from Williams-Sonoma's previous quarterly dividend of $0.53. The ex-dividend date of this dividend is Thursday, April 22nd. Williams-Sonoma's payout ratio is presently 43.80%.

A number of institutional investors and hedge funds have recently modified their holdings of WSM. Simon Quick Advisors LLC acquired a new position in Williams-Sonoma during the fourth quarter worth $28,000. DB Wealth Management Group LLC acquired a new position in Williams-Sonoma during the fourth quarter worth $28,000. JJJ Advisors Inc. increased its holdings in Williams-Sonoma by 594.0% during the fourth quarter. JJJ Advisors Inc. now owns 347 shares of the specialty retailer's stock worth $35,000 after buying an additional 297 shares during the last quarter. Twin Tree Management LP bought a new position in Williams-Sonoma during the fourth quarter worth $39,000. Finally, Optimum Investment Advisors bought a new position in Williams-Sonoma during the fourth quarter worth $51,000. Institutional investors and hedge funds own 98.58% of the company's stock.

WSM has been the topic of several recent research reports. Gordon Haskett raised shares of Williams-Sonoma from a "hold" rating to a "buy" rating in a research note on Wednesday, March 24th. Oppenheimer reissued a "hold" rating and set a $136.00 price objective on shares of Williams-Sonoma in a research note on Thursday, March 18th. Telsey Advisory Group lifted their price objective on shares of Williams-Sonoma from $175.00 to $195.00 and gave the stock an "outperform" rating in a research note on Thursday, April 1st. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell started coverage on shares of Williams-Sonoma in a research note on Monday, March 15th. They set a "neutral" rating and a $127.00 price objective on the stock. Finally, Argus lifted their price objective on shares of Williams-Sonoma from $185.00 to $205.00 in a research note on Tuesday, April 6th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the company. The stock presently has a consensus rating of "Hold" and a consensus target price of $146.25.

Williams-Sonoma Company Profile

Williams-Sonoma, Inc operates as an omni-channel specialty retailer of various products for home. It offers cooking, dining, and entertaining products, such as cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma brand, as well as home furnishings and decorative accessories under the Williams Sonoma Home brand; and furniture, bedding, bathroom accessories, rugs, curtains, lighting, tabletop, outdoor, and decorative accessories under the Pottery Barn brand.

See Also: Gap Up Stocks

Insider Buying and Selling by Quarter for Williams-Sonoma (NYSE:WSM)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Featured Article: What is a capital gains distribution?

7 Low-Priced Dividend Stocks Under $10

The recent trading activity surrounding low-priced stocks like GameStop (NYSE:GME) is a reminder to investors of the high-risk nature involved with these stocks. Often when a stock trades for under $10 (also termed a penny stock), it is trading that low for a reason. The company may not be profitable, or in the case of GameStop, it finds itself with a business model that no longer fits with consumer trends.

But that’s not always the case. It is possible to find low-priced stocks, even penny stocks, that offer great value. This is particularly true if the stock offers investors a dividend. Dividend-earning stocks are a diversification source for a consumer’s portfolio, particularly if the dividend gets reinvested. It’s literally like paying yourself for owning the stock.

And the stocks in this presentation look ready also to deliver some additional stock price growth that can increase your total return.

View the "7 Low-Priced Dividend Stocks Under $10".

MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.