Williams-Sonoma CEO Laura Alber sells $3m in stock By Investing.com

Laura Alber, CEO of Williams-Sonoma Inc. (NASDAQ:WSM), sold 15,000 shares of company stock for $3,000,000 at $200 per share, executed under a Rule 10b5-1 trading plan. Despite the sale, which reflects a 49% return over the past year, InvestingPro analysis suggests WSM may be overvalued. The company has recently received positive analyst ratings and implemented strategic initiatives including a new brand president and a partnership with Oakville Grocery.

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