Handelsbanken Fonder AB significantly increased its stake in Williams-Sonoma, Inc. by 238.0% in the third quarter, purchasing an additional 73,100 shares to own a total of 103,820 shares valued at approximately $20.29 million. This move is part of broader institutional investor activity in WSM, with other hedge funds also adjusting their positions. Despite analyst ratings leaning towards a “Moderate Buy” with an average price target of $202.11, corporate insiders, including the CEO, have been selling shares.
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Handelsbanken Fonder AB Purchases 73,100 Shares of Williams-Sonoma, Inc. $WSM
Handelsbanken Fonder AB significantly increased its stake in Williams-Sonoma, Inc. by 238.0% in the third quarter, purchasing an additional 73,100 shares to own a total of 103,820 shares valued at approximately $20.29 million. This move is part of broader institutional investor activity in WSM, with other hedge funds also adjusting their positions. Despite analyst ratings leaning towards a “Moderate Buy” with an average price target of $202.11, corporate insiders, including the CEO, have been selling shares.