Wayfair Inc. (NYSE:W) Insider Sells $52,997.00 in Stock

Wayfair Inc. (NYSE:W) insider John Champlin Mulliken sold 700 shares of the company’s stock in a transaction dated Thursday, July 20th. The shares were sold at an average price of $75.71, for a total transaction of $52,997.00. Following the sale, the insider now directly owns 192,156 shares in the company, valued at $14,548,130.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

John Champlin Mulliken also recently made the following trade(s):

  • On Thursday, August 17th, John Champlin Mulliken sold 1,672 shares of Wayfair stock. The shares were sold at an average price of $69.00, for a total transaction of $115,368.00.
  • On Thursday, August 10th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $70.23, for a total transaction of $49,161.00.
  • On Friday, August 4th, John Champlin Mulliken sold 3,700 shares of Wayfair stock. The stock was sold at an average price of $78.95, for a total transaction of $292,115.00.
  • On Tuesday, August 1st, John Champlin Mulliken sold 241 shares of Wayfair stock. The stock was sold at an average price of $76.75, for a total transaction of $18,496.75.
  • On Thursday, July 27th, John Champlin Mulliken sold 1,000 shares of Wayfair stock. The stock was sold at an average price of $79.96, for a total transaction of $79,960.00.
  • On Wednesday, July 26th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $80.07, for a total transaction of $56,049.00.
  • On Monday, July 17th, John Champlin Mulliken sold 971 shares of Wayfair stock. The stock was sold at an average price of $76.57, for a total transaction of $74,349.47.
  • On Thursday, July 13th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $76.62, for a total transaction of $53,634.00.
  • On Thursday, July 6th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $75.19, for a total transaction of $52,633.00.
  • On Thursday, June 29th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $74.79, for a total transaction of $52,353.00.

Wayfair Inc. (NYSE W) opened at 66.87 on Friday. Wayfair Inc. has a 12 month low of $27.60 and a 12 month high of $82.19. The firm’s 50-day moving average is $74.83 and its 200-day moving average is $56.94. The company’s market capitalization is $5.83 billion.

Wayfair (NYSE:W) last issued its quarterly earnings results on Tuesday, August 8th. The company reported ($0.26) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.69) by $0.43. Wayfair had a negative return on equity of 335.44% and a negative net margin of 5.10%. The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the prior year, the company posted ($0.43) EPS. The business’s revenue for the quarter was up 42.7% compared to the same quarter last year. Equities analysts anticipate that Wayfair Inc. will post ($1.46) EPS for the current fiscal year.

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A number of equities research analysts have recently issued reports on W shares. Zacks Investment Research raised shares of Wayfair from a “hold” rating to a “buy” rating and set a $50.00 price target on the stock in a report on Thursday, April 27th. Piper Jaffray Companies restated an “overweight” rating and issued a $87.00 price objective (up from $70.00) on shares of Wayfair in a research report on Wednesday, June 14th. Maxim Group upped their price objective on shares of Wayfair from $53.00 to $75.00 and gave the stock a “buy” rating in a research report on Wednesday, May 10th. CIBC upgraded shares of Wayfair from a “market perform” rating to an “outperform” rating in a research report on Friday, June 2nd. Finally, Bank of America Corporation upgraded shares of Wayfair from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $44.00 to $75.00 in a research report on Tuesday, May 9th. Ten analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Wayfair presently has a consensus rating of “Buy” and an average price target of $69.15.

Several hedge funds and other institutional investors have recently modified their holdings of W. FMR LLC raised its position in shares of Wayfair by 2.7% in the second quarter. FMR LLC now owns 7,757,688 shares of the company’s stock valued at $596,411,000 after buying an additional 207,443 shares during the period. Vanguard Group Inc. raised its position in shares of Wayfair by 16.3% in the second quarter. Vanguard Group Inc. now owns 3,028,832 shares of the company’s stock valued at $232,857,000 after buying an additional 423,631 shares during the period. Spruce House Investment Management LLC purchased a new position in shares of Wayfair during the first quarter valued at $101,225,000. Baillie Gifford & Co. raised its position in shares of Wayfair by 5.7% in the second quarter. Baillie Gifford & Co. now owns 1,914,674 shares of the company’s stock valued at $147,200,000 after buying an additional 102,460 shares during the period. Finally, Columbia Wanger Asset Management LLC purchased a new position in shares of Wayfair during the first quarter valued at $42,729,000.

Wayfair Company Profile

Wayfair Inc (Wayfair) offers browsing, merchandising and product discovery for a range of products from various suppliers. The Company operates through two segments: U.S. and International. The U.S. segment consists of amounts earned through product sales through the Company’s five sites in the United States and through sites operated by third parties in the United States.

Insider Buying and Selling by Quarter for Wayfair (NYSE:W)

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