Williams-Sonoma (NYSE:WSM) EVP Sells 522 Shares of Stock

Williams-Sonoma, Inc. (NYSE:WSMGet Free Report) EVP Karalyn Yearout sold 522 shares of the stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $246.39, for a total value of $128,615.58. Following the sale, the executive vice president directly owned 20,195 shares in the company, valued at $4,975,846.05. This trade represents a 2.52% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Karalyn Yearout also recently made the following trade(s):

  • On Tuesday, August 4th, Karalyn Yearout sold 1,000 shares of Williams-Sonoma stock. The shares were sold at an average price of $250.00, for a total value of $250,000.00.
  • On Monday, June 15th, Karalyn Yearout sold 1,112 shares of Williams-Sonoma stock. The shares were sold at an average price of $228.49, for a total value of $254,080.88.
  • On Monday, June 8th, Karalyn Yearout sold 522 shares of Williams-Sonoma stock. The stock was sold at an average price of $203.07, for a total transaction of $106,002.54.

Williams-Sonoma Trading Down 0.3%

Shares of WSM stock traded down $0.73 during trading hours on Monday, reaching $251.05. The stock had a trading volume of 941,522 shares, compared to its average volume of 1,154,041. The stock’s fifty day simple moving average is $225.63 and its 200 day simple moving average is $205.26. The firm has a market capitalization of $29.56 billion, a PE ratio of 28.11, a PEG ratio of 2.76 and a beta of 1.50. Williams-Sonoma, Inc. has a 12 month low of $165.51 and a 12 month high of $252.99.

Williams-Sonoma (NYSE:WSMGet Free Report) last posted its earnings results on Thursday, May 21st. The specialty retailer reported $1.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.13. Williams-Sonoma had a net margin of 13.81% and a return on equity of 53.29%. The business had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.80 billion. During the same quarter in the prior year, the firm posted $1.85 EPS. Williams-Sonoma’s revenue was up 4.4% on a year-over-year basis. As a group, equities research analysts anticipate that Williams-Sonoma, Inc. will post 9.38 EPS for the current fiscal year.

Williams-Sonoma Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 21st. Investors of record on Friday, July 17th will be given a $0.76 dividend. This represents a $3.04 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, July 17th. Williams-Sonoma’s dividend payout ratio (DPR) is 34.04%.

Institutional Trading of Williams-Sonoma

A number of hedge funds have recently bought and sold shares of the company. Csenge Advisory Group purchased a new stake in Williams-Sonoma in the second quarter worth approximately $407,000. Johnson Financial Group Inc. bought a new stake in shares of Williams-Sonoma in the 2nd quarter worth approximately $151,000. Tocqueville Asset Management L.P. bought a new stake in shares of Williams-Sonoma in the 2nd quarter worth approximately $19,046,000. Empirical Asset Management LLC purchased a new stake in shares of Williams-Sonoma in the 2nd quarter valued at $803,000. Finally, Catalyst Investment Management LLC purchased a new stake in shares of Williams-Sonoma in the 2nd quarter valued at $317,000. Institutional investors own 99.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on WSM shares. Telsey Advisory Group restated an “outperform” rating and set a $225.00 target price (up from $220.00) on shares of Williams-Sonoma in a research report on Friday, May 22nd. Weiss Ratings upgraded Williams-Sonoma from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, July 30th. Piper Sandler assumed coverage on shares of Williams-Sonoma in a research report on Monday, July 27th. They issued an “overweight” rating and a $253.00 price objective on the stock. Bank of America started coverage on shares of Williams-Sonoma in a research note on Friday, June 12th. They issued a “buy” rating and a $250.00 target price on the stock. Finally, Citigroup dropped their target price on shares of Williams-Sonoma from $208.00 to $200.00 and set a “neutral” rating for the company in a research report on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $217.82.

Check Out Our Latest Analysis on WSM

About Williams-Sonoma

(Get Free Report)

Williams‑Sonoma, Inc is a specialty retailer focused on the home and culinary markets, best known for premium cookware, kitchen tools and home furnishings. The company traces its roots to a single cookware store founded by Chuck Williams in 1956 in Sonoma, California, and has evolved into a multi‑brand home furnishings and housewares business. Its merchandise mix spans cookware and kitchen electrics, tabletop and food prep items, furniture, bedding, lighting and decorative accessories designed for both everyday use and higher‑end interiors.

The company operates a portfolio of consumer brands that target distinct segments of the home market.

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