Whole Foods Market, Inc.s in-depth data and chart pattern analysis indicates that the stock price has rallied 2.6% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 10.35% . Looking at the past 52 week period, the stock price is up at 1.48% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Whole Foods Market, Inc. has a negative value of -1.13 compared to overall market performance.
Whole Foods Market, Inc. stock has recorded a 20-day Moving Average of 4.29% and the 50-Day Moving Average is 2.63%.The 200 Day SMA reached 3.48%Whole Foods Market, Inc. is having a Relative Strength Index of 61.22 which indicates the stock is not yet over sold or over bought based on the technical indicators. Whole Foods Market, Inc. (NASDAQ:WFM) has climbed 2.1% in the past week and advanced 4.12% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.41% and the outperformance has advanced to 0.93% for the last 4 weeks period.
Whole Foods Market, Inc. (NASDAQ:WFM) : On Friday heightened volatility was witnessed in Whole Foods Market, Inc. (NASDAQ:WFM) which led to swings in the share price. The stock opened for trading at $30.94 and hit $31.58 on the upside , eventually ending the session at $31.56, with a gain of 1.32% or 0.41 points. The heightened volatility saw the trading volume jump to 3,952,758 shares. The 52-week high of the share price is $35.58 and the company has a market cap of $10,054 million. The 52-week low of the share price is at $27.67 .
Currently the company Insiders own 1.3% of Whole Foods Market, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -1.68% . Institutional Investors own 84.38% of Whole Foods Market, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -3.15%. Company has reported several Insider transactions to the SEC, on Feb 21, 2017, Jeff Turnas (President – 365 Operations) sold 805 shares at 31.01 per share price.On Feb 13, 2017, John Elstrott (director) sold 4,500 shares at 30.42 per share price.On Dec 16, 2016, James P Sud (EVP Growth & Business Develop) sold 1,700 shares at 31.30 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Whole Foods Market was Reiterated by Telsey Advisory Group on Feb 9, 2017 to Market Perform, Lowers Price Target to $ 28 from a previous price target of $30 .
Whole Foods Market Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.28 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $0.24. The company had revenue of $3497.00 million for the quarter, compared to analysts expectations of $3509.25 million. The companys revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 EPS.
Whole Foods Market is the largest purveyor of natural foods in the world. They own and operate the countrys largest chain of natural food supermarkets. They are like an old-fashioned neighborhood grocery store, an organic farmers market, a European bakery, a New York deli, and a modern supermarket all rolled into one! The Company also offers a wide variety of non-perishable natural products on its Web site at http://wholefoods.com.