Wayfair Inc. (NYSE:W) insider Edmond Macri sold 1,570 shares of the stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $70.70, for a total transaction of $110,999.00. Following the transaction, the insider now directly owns 2,758 shares in the company, valued at $194,990.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

  • On Wednesday, August 9th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $72.77, for a total transaction of $43,662.00.
  • On Tuesday, July 25th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $76.61, for a total transaction of $45,966.00.
  • On Tuesday, July 18th, Edmond Macri sold 1,570 shares of Wayfair stock. The shares were sold at an average price of $76.07, for a total transaction of $119,429.90.
  • On Tuesday, July 11th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $74.00, for a total transaction of $44,400.00.
  • On Wednesday, July 5th, Edmond Macri sold 844 shares of Wayfair stock. The shares were sold at an average price of $75.42, for a total transaction of $63,654.48.
  • On Tuesday, June 27th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $75.01, for a total transaction of $45,006.00.
  • On Tuesday, June 20th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $73.87, for a total transaction of $44,322.00.
  • On Thursday, June 15th, Edmond Macri sold 5,175 shares of Wayfair stock. The shares were sold at an average price of $70.22, for a total transaction of $363,388.50.
  • On Tuesday, June 13th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $70.79, for a total transaction of $42,474.00.
  • On Thursday, June 1st, Edmond Macri sold 840 shares of Wayfair stock. The shares were sold at an average price of $64.23, for a total transaction of $53,953.20.

Shares of Wayfair Inc. (W) traded down 5.11% during trading on Thursday, reaching $67.07. 1,712,067 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $75.29 and a 200 day moving average price of $56.69. Wayfair Inc. has a 12 month low of $27.60 and a 12 month high of $82.19. The firm’s market cap is $5.85 billion.

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

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A number of research analysts have weighed in on W shares. Zacks Investment Research raised shares of Wayfair from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a research note on Thursday, April 27th. Bank of America Corporation raised shares of Wayfair from a “neutral” rating to a “buy” rating and raised their price objective for the company from $44.00 to $75.00 in a research note on Tuesday, May 9th. Oppenheimer Holdings, Inc. raised shares of Wayfair from a “market perform” rating to an “outperform” rating and set a $80.00 price objective on the stock in a research note on Friday, June 2nd. Gordon Haskett lowered shares of Wayfair from a “buy” rating to an “accumulate” rating and raised their price objective for the company from $70.00 to $85.00 in a research note on Tuesday, June 27th. Finally, Goldman Sachs Group, Inc. (The) increased their target price on shares of Wayfair from $37.00 to $55.00 and gave the company a “neutral” rating in a report on Wednesday, May 10th. Ten research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. Wayfair has an average rating of “Buy” and a consensus target price of $69.15.

A number of hedge funds and other institutional investors have recently bought and sold shares of W. First Personal Financial Services increased its position in 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. BNP Paribas Arbitrage SA increased its position in Wayfair by 96.2% in the second quarter. BNP Paribas Arbitrage SA now owns 1,360 shares of the company’s stock worth $105,000 after buying an additional 667 shares in the last quarter. UBS Group AG increased its position in Wayfair by 55.5% in the first quarter. UBS Group AG now owns 2,690 shares of the company’s stock worth $109,000 after buying an additional 960 shares in the last quarter. Ameritas Investment Partners Inc. purchased a new position in Wayfair during the first quarter worth approximately $110,000. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its position in 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.

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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