Williams Companies (NYSE:WMB) SVP Allison Bridges unloaded 6,000 shares of the stock in a transaction dated Tuesday, October 22nd. The stock was sold at an average price of $37.00, for a total value of $222,000.00. Following the transaction, the senior vice president now directly owns 54,955 shares of the company’s stock, valued at approximately $2,033,335. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Williams Companies (NYSE:WMB) traded up 0.68% during mid-day trading on Thursday, hitting $36.92. The stock had a trading volume of 1,678,070 shares. Williams Companies has a 52 week low of $30.55 and a 52 week high of $38.57. The stock’s 50-day moving average is $35.44 and its 200-day moving average is $35.42. The company has a market cap of $25.224 billion and a P/E ratio of 40.25.
Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.06. During the same quarter in the previous year, the company posted $0.22 earnings per share. On average, analysts predict that Williams Companies will post $0.75 earnings per share for the current fiscal year.
Several analysts have recently commented on the stock. 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. Separately, 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. Finally, analysts at Jefferies Group initiated coverage on shares of Williams Companies in a research note to investors on Wednesday, September 4th. They set a “buy” rating and a $41.00 price target on the stock. One analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company. Williams Companies currently has an average rating of “Buy” and a consensus price target of $40.67.
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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