Williams Companies SVP Sells $132,053 in Stock (WMB)
Williams Companies (NYSE:WMB) SVP Robyn Ewing sold 3,700 shares of Williams Companies stock on the open market in a transaction dated Friday, November 1st. The stock was sold at an average price of $35.69, for a total transaction of $132,053.00. Following the completion of the transaction, the senior vice president now directly owns 147,354 shares in the company, valued at approximately $5,259,064. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of research firms have recently commented on WMB. Analysts at Deutsche Bank raised their price target on shares of Williams Companies from $34.00 to $38.00 in a research note to investors on Thursday. They now have a “hold” rating on the stock. Separately, analysts at ISI Group downgraded shares of Williams Companies from a “buy” rating to a “neutral” rating in a research note to investors on Monday, October 14th. They now have a $38.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Williams Companies in a research note to investors on Monday, October 7th. They now have a $38.00 price target on the stock. One research analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $41.11.
Williams Companies (NYSE:WMB) traded up 0.58% during mid-day trading on Monday, hitting $35.725. 3,772,781 shares of the company’s stock traded hands. Williams Companies has a 52-week low of $30.55 and a 52-week high of $38.57. The stock has a 50-day moving average of $36.18 and a 200-day moving average of $35.5. The company has a market cap of $25.651 billion and a P/E ratio of 41.06.
Williams Companies (NYSE:WMB) last released its earnings data on Wednesday, October 30th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.05. During the same quarter in the prior year, the company posted $0.25 earnings per share. On average, analysts predict that Williams Companies will post $0.78 earnings per share for the current fiscal year.
The Williams Companies, Inc (NYSE:WMB) is an energy infrastructure company focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGLs), and olefins.
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