Wayfair Inc. (NYSE:W) insider John Champlin Mulliken sold 3,700 shares of the business’s stock in a transaction on Friday, August 4th. The shares were sold at an average price of $78.95, for a total transaction of $292,115.00. Following the sale, the insider now directly owns 190,015 shares in the company, valued at $15,001,684.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • 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 Thursday, July 27th, John Champlin Mulliken sold 1,000 shares of Wayfair stock. The shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were sold at an average price of $74.79, for a total transaction of $52,353.00.
  • On Thursday, June 22nd, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $75.40, for a total transaction of $52,780.00.
  • On Friday, June 16th, John Champlin Mulliken sold 9,564 shares of Wayfair stock. The shares were sold at an average price of $72.65, for a total transaction of $694,824.60.

Wayfair Inc. (NYSE W) traded up 0.26% during mid-day trading on Monday, reaching $80.57. 2,523,943 shares of the company’s stock were exchanged. Wayfair Inc. has a 1-year low of $27.60 and a 1-year high of $82.19. The firm’s 50-day moving average is $75.55 and its 200 day moving average is $54.28. The stock’s market capitalization is $6.98 billion.

Wayfair (NYSE:W) last announced its earnings results on Tuesday, May 9th. The company reported ($0.48) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.80) by $0.32. The company had revenue of $960.80 million during the quarter, compared to analysts’ expectations of $934.84 million. Wayfair had a negative net margin of 5.84% and a negative return on equity of 215.36%. The firm’s quarterly revenue was up 28.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.36) earnings per share. Analysts forecast that Wayfair Inc. will post ($1.55) earnings per share for the current fiscal year.

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Several research firms have commented on W. Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of Wayfair in a report on Saturday, May 6th. Piper Jaffray Companies set a $87.00 price target on shares of Wayfair and gave the company a “buy” rating in a report on Saturday, July 1st. Zacks Investment Research lowered shares of Wayfair from a “buy” rating to a “hold” rating in a report on Tuesday, May 16th. Buckingham Research reaffirmed a “buy” rating and issued a $95.00 price target (up from $72.00) on shares of Wayfair in a report on Thursday, July 13th. They noted that the move was a valuation call. Finally, Maxim Group lowered shares of Wayfair from a “buy” rating to a “hold” rating and increased their target price for the stock from $27.60 to $76.17 in a research note on Monday, June 19th. They noted that the move was a valuation call. Ten investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $63.22.

Institutional investors have recently made changes to their positions in the company. Spruce House Investment Management LLC acquired a new position in shares of Wayfair during the first quarter worth about $101,225,000. Columbia Wanger Asset Management LLC acquired a new position in shares of Wayfair during the first quarter worth about $42,729,000. Eventide Asset Management LLC boosted its position in shares of Wayfair by 99.7% in the first quarter. Eventide Asset Management LLC now owns 699,000 shares of the company’s stock worth $28,303,000 after buying an additional 349,000 shares during the last quarter. Baillie Gifford & Co. boosted its position in shares of Wayfair by 18.6% in the first quarter. Baillie Gifford & Co. now owns 1,812,214 shares of the company’s stock worth $73,377,000 after buying an additional 284,599 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its position in shares of Wayfair by 18,904.8% in the second quarter. Russell Investments Group Ltd. now owns 274,239 shares of the company’s stock worth $21,089,000 after buying an additional 272,796 shares during 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.

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

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