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Williams-Sonoma, Inc. (WSM) Volatility At 2.00%, Should You Add A Position?

Williams-Sonoma, Inc. (NYSE: WSM) is 53.13% higher on its value in year-to-date trading and has touched a low of $109.44 and a high of $319.78 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WSM stock was last observed hovering at around $310.30 in the last trading session, with the day’s loss setting it -1.32%.

Currently trading at $308.98, the stock is 9.01% and 26.88% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.93 million and changing -0.43% at the moment leaves the stock 72.95% off its SMA200. WSM registered 153.97% gain for a year compared to 6-month gain of 100.36%. The firm has a 50-day simple moving average (SMA 50) of $2.58 and a 200-day simple moving average (SMA200) of $13.56.

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The stock witnessed a 30.01% loss in the last 1 month and extending the period to 3 months gives it a 51.97%, and is 0.18% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.00% over the week and 3.07% over the month.

Williams-Sonoma, Inc. (WSM) has around 19300 employees, a market worth around $19.81B and $7.75B in sales. Current P/E ratio is 21.20 and Fwd P/E is 19.18. Profit margin for the company is 12.25%. Distance from 52-week low is 182.33% and -3.38% from its 52-week high. The company has generated returns on investments over the last 12 months (28.92%).

Williams-Sonoma, Inc. quarterly earnings per share for the current quarter are estimated at $2.68 with sales reaching $1.65B over the same period.The EPS is expected to grow by 2.76% this year, but quarterly earnings will post -0.40% year-over-year.

886 institutions hold shares in Williams-Sonoma, Inc. (WSM), with institutional investors hold 101.36% of the company’s shares. The shares outstanding are 64.14M, and float is at 60.18M with Short Float at 10.31%. Institutions hold 100.05% of the Float.

The top institutional shareholder in the company is FMR, LLC with over 7.74 million shares valued at $969.09 million. The investor’s holdings represent 12.07% of the WSM Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 7.72 million shares valued at $966.43 million to account for 12.04% of the shares outstanding. The other top investors are Blackrock Inc. which holds 6.02 million shares representing 9.39% and valued at over $753.42 million, while Aristotle Capital Management, LLC holds 7.20% of the shares totaling 4.62 million with a market value of $577.8 million.

Williams-Sonoma, Inc. (WSM) Insider Activity

The most recent transaction is an insider sale by Benson Marta, the company’s CEO POTTERY BARN BRANDS. SEC filings show that Benson Marta sold 2,184 shares of the company’s common stock on Mar 27 ’24 at a price of $313.98 per share for a total of $0.69 million. Following the sale, the insider now owns 48364.0 shares.

Williams-Sonoma, Inc. disclosed in a document filed with the SEC on Mar 19 ’24 that Smith Karalyn (EVP CHIEF TALENT OFFICER) sold a total of 1,145 shares of the company’s common stock. The trade occurred on Mar 19 ’24 and was made at $289.06 per share for $0.33 million. Following the transaction, the insider now directly holds 6966.0 shares of the WSM stock.

Still, SEC filings show that on Mar 15 ’24, ALBER LAURA (PRESIDENT & CEO) disposed off 20,000 shares at an average price of $283.74 for $5.67 million. The insider now directly holds 505,509 shares of Williams-Sonoma, Inc. (WSM).

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