Williams-Sonoma (NYSE:WSM) : Traders are bullish on Williams-Sonoma (NYSE:WSM) as it has outperformed the S&P 500 by a wide margin of 3.84% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.63%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.92% in the last 1 week, and is up 5.52% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -36.10% from its 1 Year high price. On Aug 18, 2015, the shares registered one year high at $89.38 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $52.39 and the 200 Day Moving Average price is recorded at $54.69.
The stock has recorded a 20-day Moving Average of 4.02% and the 50-Day Moving Average is 1.19%.
Williams-Sonoma (NYSE:WSM): stock turned positive on Friday. Though the stock opened at $52.18, the bulls momentum made the stock top out at $54.26 level for the day. The stock recorded a low of $52.18 and closed the trading day at $54.14, in the green by 4.90%. The total traded volume for the day was 1,938,551. The stock had closed at $51.61 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP CHIEF FINANCIAL OFFICER) of Williams Sonoma Inc, Whalen Julie had sold 13,500 shares worth of $713,475 in a transaction dated June 1, 2016. In this transaction, 13,500 shares were sold at $52.85 per share.
Williams-Sonoma, Inc. is an e-commerce and multi-channel specialty retailer of products for the home with some brands in home furnishings. The Company operates in two segments: e-commerce and retail. The e-commerce segment has the merchandising strategies, which include Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation and Mark and Graham, which sells its products through its e-commerce Websites and direct-mail catalogs. The retail segment has the merchandising strategies, which include Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm and Rejuvenation, which sells its products through its retail stores. The Company operates retail stores in the United States, Canada, Puerto Rico, Australia and the United Kingdom, and franchises its brands to third-parties in various countries in the Middle East and the Philippines. The Companys products are also available to customers through its catalogs and online across the world.