Is Williams-Sonoma, Inc. a Sell? The Stock Had Bearish Options Activity Today

 Is Williams Sonoma, Inc. a Sell? The Stock Had Bearish Options Activity Today

In today’s session Williams-Sonoma, Inc. (WSM) recorded an unusually high (4,016) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious WSM decrease. With 4,016 contracts traded and 13394 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: WSM161118P00045000 closed last at: $1.05 or 16.7% up. About 344,412 shares traded hands. Williams-Sonoma, Inc. (NYSE:WSM) has declined 13.65% since March 8, 2016 and is downtrending. It has underperformed by 22.96% the S&P500.

Williams-Sonoma, Inc. (NYSE:WSM) Ratings Coverage

Out of 22 analysts covering Williams-Sonoma (NYSE:WSM), 8 rate it a “Buy”, 2 “Sell”, while 12 “Hold”. This means 36% are positive. $103 is the highest target while $45 is the lowest. The $64.15 average target is 32.98% above today’s ($48.24) stock price. Williams-Sonoma has been the topic of 54 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The stock of Williams-Sonoma, Inc. (NYSE:WSM) earned “Neutral” rating by UBS on Monday, August 22. RBC Capital Markets maintained Williams-Sonoma, Inc. (NYSE:WSM) rating on Friday, November 20. RBC Capital Markets has “Sector Perform” rating and $79 price target. The stock of Williams-Sonoma, Inc. (NYSE:WSM) has “Sector Perform” rating given on Thursday, March 17 by RBC Capital Markets. William Blair maintained the stock with “Buy” rating in Tuesday, August 25 report. The stock of Williams-Sonoma, Inc. (NYSE:WSM) has “Neutral” rating given on Thursday, March 17 by Credit Suisse. As per Friday, March 18, the company rating was maintained by Argus Research. The stock of Williams-Sonoma, Inc. (NYSE:WSM) earned “Hold” rating by Jefferies on Thursday, October 8. The stock of Williams-Sonoma, Inc. (NYSE:WSM) earned “Hold” rating by Deutsche Bank on Sunday, August 30. The firm earned “Buy” rating on Thursday, August 27 by Bank of America. The stock has “Buy” rating given by Topeka Capital Markets on Tuesday, May 24.

According to Zacks Investment Research, “Williams-Sonoma, Inc. is specialty retailer of products for the home. The retail segment sells its products through its three retail concepts: Williams-Sonoma, Pottery Barn and Hold Everything. The direct-to-customer segment sells similar products through its five direct-mail catalogs, Williams-Sonoma, Pottery Barn, Pottery Barn Kids, Hold Everything and Chambers, and the Internet.”

Insitutional Activity: The institutional sentiment increased to 1.36 in 2016 Q2. Its up 0.30, from 1.06 in 2016Q1. The ratio is positive, as 50 funds sold all Williams-Sonoma, Inc. shares owned while 90 reduced positions. 64 funds bought stakes while 127 increased positions. They now own 83.72 million shares or 5.85% more from 79.09 million shares in 2016Q1.
Blackrock Fund reported 2.94 million shares or 0.03% of all its holdings. Ameriprise last reported 0.03% of its portfolio in the stock. Capital Rech Global has 0.09% invested in the company for 5.03 million shares. Maverick has invested 0.04% of its portfolio in Williams-Sonoma, Inc. (NYSE:WSM). Kcm Inv Advsr Llc last reported 0.19% of its portfolio in the stock. Capstone Investment Ltd Co, a New York-based fund reported 16,830 shares. Utah Retirement holds 16,117 shares or 0.02% of its portfolio. Moreover, Massmutual Trust Fsb Adv has 0% invested in Williams-Sonoma, Inc. (NYSE:WSM) for 4,195 shares. Aristotle Capital Management Limited Com has 4.52 million shares for 2.55% of their US portfolio. Hl Financial Services Ltd Liability Corporation has invested 0% of its portfolio in Williams-Sonoma, Inc. (NYSE:WSM). Tower Rech Limited Liability (Trc), a New York-based fund reported 7,125 shares. Waddell Reed Financial last reported 0.27% of its portfolio in the stock. Swiss National Bank & Trust holds 143,000 shares or 0.01% of its portfolio. Of Vermont owns 100 shares or 0% of their US portfolio. The Colorado-based Alps Advisors has invested 0% in Williams-Sonoma, Inc. (NYSE:WSM).

Insider Transactions: Since August 29, 2016, the stock had 0 buys, and 2 insider sales for $5.00 million net activity. ALBER LAURA sold $4.26 million worth of stock or 80,000 shares. Hayes Janet sold $747,510 worth of Williams-Sonoma, Inc. (NYSE:WSM) on Wednesday, September 21.

Williams-Sonoma, Inc. is a multi-channel specialty retailer of products for the home. The company has a market cap of $4.29 billion. The Firm operates retail stores in the United States, Canada, Puerto Rico, Australia and the United Kingdom. It has a 14.45 P/E ratio. It operates through two divisions: e-commerce and retail.

WSM Company Profile

Williams-Sonoma, Inc., incorporated on March 8, 2011, is a multi-channel specialty retailer of products for the home. The Firm operates retail stores in the United States, Canada, Puerto Rico, Australia and the United Kingdom. It operates through two divisions: e-commerce and retail. The e-commerce segment has various merchandising strategies, such as Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation and Mark and Graham, which sell its products through the Company’s e-commerce Websites and direct-mail catalogs. The retail segment has various merchandising strategies, such as Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm and Rejuvenation, which sell its products through the Company’s retail stores.

Another recent and important Williams-Sonoma, Inc. (NYSE:WSM) news was published by Valuewalk.com which published an article titled: “Long Idea: Williams-Sonoma, Inc. (WSM)” on September 29, 2016.

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