John Champlin Mulliken Sells 1,000 Shares of Wayfair Inc. (W) Stock

Wayfair Inc. (NYSE:W) insider John Champlin Mulliken sold 1,000 shares of the firm’s stock in a transaction dated Thursday, July 27th. The stock was sold at an average price of $79.96, for a total transaction of $79,960.00. Following the transaction, the insider now directly owns 190,456 shares of the company’s stock, valued at $15,228,861.76. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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 shares were 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 shares were sold at an average price of $76.75, for a total transaction of $18,496.75.
  • 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 Thursday, July 20th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $75.71, for a total transaction of $52,997.00.
  • 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. (W) opened at 66.87 on Friday. The stock has a 50 day moving average of $74.83 and a 200-day moving average of $56.94. Wayfair Inc. has a 12-month low of $27.60 and a 12-month high of $82.19. The company’s market cap is $5.83 billion.

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

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A number of hedge funds have recently made changes to their positions in W. Dynamic Technology Lab Private Ltd bought a new stake in shares of Wayfair during the second quarter valued at $277,000. Verition Fund Management LLC bought a new stake in shares of Wayfair during the second quarter valued at $251,000. California State Teachers Retirement System increased its stake in shares of Wayfair by 10.0% in the second quarter. California State Teachers Retirement System now owns 68,366 shares of the company’s stock valued at $5,256,000 after buying an additional 6,224 shares during the last quarter. BlueCrest Capital Management Ltd bought a new stake in shares of Wayfair during the second quarter valued at $3,466,000. Finally, Maverick Capital Ltd. bought a new stake in shares of Wayfair during the second quarter valued at $4,015,000.

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

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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