Williams Companies (NYSE:WMB) SVP Allison Bridges sold 6,000 shares of the company’s stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $36.00, for a total value of $216,000.00. Following the sale, the senior vice president now directly owns 54,955 shares of the company’s stock, valued at approximately $1,978,380. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Williams Companies (NYSE:WMB) traded down 0.19% during mid-day trading on Monday, hitting $36.17. The stock had a trading volume of 3,069,763 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 $35.92 and its 200-day moving average is $35.54. The company has a market cap of $24.711 billion and a P/E ratio of 39.78.
Williams Companies (NYSE:WMB) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $0.21 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.15 by $0.06. During the same quarter in the prior year, the company posted $0.22 earnings per share.
WMB has been the subject of a number of recent research reports. 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 equities research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price 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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