Williams-Sonoma (NYSE:WSM) operates as a multi-channel specialty retailer of home products.
Insider selling during the last 30 days
Here is a table of Williams-Sonoma's insider activity during the last 30 days.
|Name||Title||Trade Date||Shares Sold||Rule 10b5-1||Current Ownership||Decrease In Ownership|
|Janet Hayes||President, WS Brand||Mar 20-Apr 9||14,919||No||20,554 shares||42.1%|
|Sandra Stangl||President, Pottery Barn Brands||March 25||14,156||No||24,472 shares||36.6%|
|Laura Alber||CEO||March 18||27,583||No||146,645 shares + 50,000 options||12.3%|
|Pat Connolly||CMO||March 19||77,205||No||782,710 shares + 100,000 options||8.0%|
There have been 133,863 shares sold by insiders during the last 30 days.
Insider selling by calendar month
Here is a table of Williams-Sonoma's insider activity by calendar month.
|Month||Insider selling / shares||Insider buying / shares|
There have been 388,900 shares sold, and there have been zero shares purchased by insiders since January 2013. The month of March 2014 has seen the most insider selling.
Williams-Sonoma reported the fiscal 2013 full-year, which ended February 2, financial results on March 12 with the following highlights:
|Net income||$278.9 million|
The four insiders sold their shares after these results.
Williams-Sonoma's revenue growth has been slowing down recently.
Williams-Sonoma's guidance is as follows:
|Net revenue||$920-$940 million||$4,630-$4,710 million|
|Comparable brand revenue growth||4%-6%||5%-7%|
|Qtrly Rev Growth (yoy):||0.04||0.19||-0.06||-0.07|
|PEG (5 yr expected):||1.51||1.11||1.33||1.15|
Williams-Sonoma has the highest PEG ratio among these four companies.
Here is a table of these competitors' insider activities this year.
|Company||Insider buying / shares||Insider selling / shares|
Restoration Hardware Holdings has also seen intensive insider selling during the last 30 days.
There have been four different insiders selling Williams-Sonoma, and there have not been any insiders buying Williams-Sonoma during the last 30 days. Three of these four insiders decreased their holdings by more than 10%. Williams-Sonoma has an insider ownership of 6.99%.
Before going short Williams-Sonoma, I would like to get a bearish confirmation from the Point & Figure chart. The main reason for the proposed short entry is the intensive insider-selling activity.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.