Wayfair Inc. (NYSE:W) insider Edmond Macri sold 600 shares of Wayfair stock in a transaction that occurred on Tuesday, June 20th. The stock was sold at an average price of $73.87, for a total value of $44,322.00. Following the completion of the transaction, the insider now directly owns 500 shares in the company, valued at $36,935. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Edmond Macri also recently made the following trade(s):

  • On Thursday, June 15th, Edmond Macri sold 5,175 shares of Wayfair stock. The stock was sold at an average price of $70.22, for a total value of $363,388.50.
  • On Tuesday, June 13th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $70.79, for a total value of $42,474.00.
  • On Thursday, June 1st, Edmond Macri sold 840 shares of Wayfair stock. The stock was sold at an average price of $64.23, for a total value of $53,953.20.
  • On Tuesday, May 16th, Edmond Macri sold 1,560 shares of Wayfair stock. The stock was sold at an average price of $61.24, for a total value of $95,534.40.
  • On Tuesday, May 9th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $56.75, for a total value of $34,050.00.
  • On Tuesday, May 2nd, Edmond Macri sold 844 shares of Wayfair stock. The stock was sold at an average price of $46.72, for a total value of $39,431.68.
  • On Tuesday, April 25th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $43.69, for a total value of $26,214.00.
  • On Tuesday, April 18th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $43.77, for a total value of $26,262.00.
  • On Tuesday, April 11th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $43.96, for a total value of $26,376.00.
  • On Tuesday, April 4th, Edmond Macri sold 844 shares of Wayfair stock. The stock was sold at an average price of $41.03, for a total value of $34,629.32.

Shares of Wayfair Inc. (W) traded up 1.21% during mid-day trading on Thursday, reaching $76.32. The company had a trading volume of 761,778 shares. Wayfair Inc. has a 12-month low of $27.60 and a 12-month high of $76.58. The stock’s market capitalization is $6.61 billion. The firm’s 50 day moving average is $64.29 and its 200-day moving average is $46.21.

Wayfair (NYSE:W) last posted its quarterly earnings data on Tuesday, May 9th. The company reported ($0.48) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.80) by $0.32. Wayfair had a negative return on equity of 215.36% and a negative net margin of 5.84%. The firm had revenue of $960.80 million for the quarter, compared to analyst estimates of $934.84 million. During the same quarter last year, the company earned ($0.36) EPS. The company’s revenue was up 28.6% on a year-over-year basis. On average, analysts expect that Wayfair Inc. will post ($1.56) earnings per share for the current fiscal year.

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

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Several analysts have recently weighed in on W shares. Cowen and Company reissued an “outperform” rating and set a $44.00 price objective (up previously from $39.00) on shares of Wayfair in a report on Wednesday, February 22nd. Bank of America Corporation raised Wayfair from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $44.00 to $75.00 in a report on Tuesday, May 9th. Maxim Group lowered Wayfair from a “buy” rating to a “hold” rating and lifted their price objective for the stock from $27.60 to $76.17 in a report on Monday. They noted that the move was a valuation call. Zacks Investment Research raised Wayfair from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a report on Thursday, April 27th. Finally, Buckingham Research lifted their price objective on Wayfair from $47.00 to $57.00 and gave the stock a “buy” rating in a report on Wednesday, May 3rd. Nine investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $56.90.

Institutional investors have recently bought and sold shares of the company. State Board of Administration of Florida Retirement System increased its stake in shares of Wayfair by 1.0% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 14,060 shares of the company’s stock worth $493,000 after buying an additional 140 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in shares of Wayfair by 9.6% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 2,820 shares of the company’s stock worth $114,000 after buying an additional 247 shares in the last quarter. First Personal Financial Services increased its stake in shares of Wayfair by 15.1% in the first quarter. First Personal Financial Services now owns 2,475 shares of the company’s stock worth $100,000 after buying an additional 325 shares in the last quarter. Brown Advisory Inc. increased its stake in shares of Wayfair by 2.9% in the fourth quarter. Brown Advisory Inc. now owns 11,992 shares of the company’s stock worth $420,000 after buying an additional 337 shares in the last quarter. Finally, Nationwide Fund Advisors increased its stake in shares of Wayfair by 2.1% in the first quarter. Nationwide Fund Advisors now owns 33,721 shares of the company’s stock worth $1,365,000 after buying an additional 709 shares in the last quarter.

About Wayfair

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.

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