Investment House LLC Sells 133 Shares of Williams-Sonoma, Inc. (NYSE:WSM)

Investment House LLC cut its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 0.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 112,311 shares of the specialty retailer’s stock after selling 133 shares during the period. Williams-Sonoma comprises approximately 1.1% of Investment House LLC’s investment portfolio, making the stock its 24th largest holding. Investment House LLC’s holdings in Williams-Sonoma were worth $20,798,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of WSM. Smithfield Trust Co increased its position in shares of Williams-Sonoma by 100.0% during the 3rd quarter. Smithfield Trust Co now owns 160 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 80 shares during the last quarter. Brooklyn Investment Group purchased a new stake in shares of Williams-Sonoma during the 3rd quarter valued at $28,000. Heck Capital Advisors LLC purchased a new stake in shares of Williams-Sonoma during the 4th quarter valued at $37,000. Kozak & Associates Inc. purchased a new stake in shares of Williams-Sonoma during the 4th quarter valued at $39,000. Finally, Newbridge Financial Services Group Inc. purchased a new stake in shares of Williams-Sonoma during the 4th quarter valued at $38,000. 99.29% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on WSM. Loop Capital raised their target price on Williams-Sonoma from $145.00 to $180.00 and gave the company a “hold” rating in a research report on Thursday, November 21st. Barclays raised their target price on Williams-Sonoma from $123.00 to $131.00 and gave the company an “underweight” rating in a research report on Thursday, March 13th. JPMorgan Chase & Co. raised their target price on Williams-Sonoma from $136.00 to $145.00 and gave the company a “neutral” rating in a research report on Tuesday, November 19th. Gordon Haskett raised Williams-Sonoma to a “hold” rating in a report on Thursday, February 13th. Finally, The Goldman Sachs Group lifted their price objective on Williams-Sonoma from $170.00 to $224.00 and gave the stock a “neutral” rating in a report on Thursday, January 30th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, Williams-Sonoma has an average rating of “Hold” and an average price target of $176.28.

Williams-Sonoma Stock Down 1.8 %

WSM stock opened at $171.90 on Wednesday. The firm has a market capitalization of $21.16 billion, a PE ratio of 20.33, a PEG ratio of 2.89 and a beta of 1.82. Williams-Sonoma, Inc. has a twelve month low of $125.33 and a twelve month high of $219.98. The stock has a 50-day simple moving average of $198.96 and a two-hundred day simple moving average of $171.92.

Insider Buying and Selling at Williams-Sonoma

In other news, CFO Jeffrey Howie sold 1,408 shares of Williams-Sonoma stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $194.32, for a total transaction of $273,602.56. Following the completion of the sale, the chief financial officer now owns 46,388 shares in the company, valued at approximately $9,014,116.16. This trade represents a 2.95 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Laura Alber sold 45,000 shares of Williams-Sonoma stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $207.76, for a total value of $9,349,200.00. Following the sale, the chief executive officer now owns 944,666 shares of the company’s stock, valued at approximately $196,263,808.16. This trade represents a 4.55 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.50% of the company’s stock.

Williams-Sonoma 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 Home brand, as well as home furnishings and decorative accessories under the Williams Sonoma lifestyle brand; and furniture, bedding, lighting, rugs, table essentials, and decorative accessories under the Pottery Barn brand.