Wayfair Inc. (NYSE:W) COO James Savarese sold 1,215 shares of Wayfair stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $70.33, for a total value of $85,450.95. Following the sale, the chief operating officer now directly owns 533,500 shares in the company, valued at $37,521,055. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

James Savarese also recently made the following trade(s):

  • On Monday, August 7th, James Savarese sold 21,663 shares of Wayfair stock. The shares were sold at an average price of $80.32, for a total value of $1,739,972.16.
  • On Friday, August 4th, James Savarese sold 37,437 shares of Wayfair stock. The shares were sold at an average price of $80.15, for a total value of $3,000,575.55.
  • On Thursday, July 27th, James Savarese sold 11,418 shares of Wayfair stock. The shares were sold at an average price of $79.93, for a total value of $912,640.74.
  • On Wednesday, July 26th, James Savarese sold 29,482 shares of Wayfair stock. The shares were sold at an average price of $80.00, for a total value of $2,358,560.00.
  • On Monday, July 17th, James Savarese sold 1,213 shares of Wayfair stock. The shares were sold at an average price of $76.53, for a total value of $92,830.89.
  • On Thursday, June 15th, James Savarese sold 4,649 shares of Wayfair stock. The shares were sold at an average price of $70.92, for a total value of $329,707.08.

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

Wayfair (NYSE:W) last posted its quarterly 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 business had revenue of $1.12 billion for 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 revenue for the quarter was up 42.7% on a year-over-year basis. During the same quarter last year, the business posted ($0.43) EPS. Analysts anticipate that Wayfair Inc. will post ($1.46) EPS for the current fiscal year.

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Hedge funds have recently modified their holdings of the stock. First Personal Financial Services raised 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. BNP Paribas Arbitrage SA raised its stake in shares of 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 raised its stake in shares of 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. bought a new stake in shares of Wayfair during the first quarter worth $110,000. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised 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.

A number of equities research analysts have weighed in on the company. BidaskClub downgraded Wayfair from a “buy” rating to a “hold” rating in a report on Friday, August 11th. Buckingham Research reaffirmed a “buy” rating and set a $95.00 price objective on shares of Wayfair in a report on Thursday, August 10th. Wedbush reaffirmed a “buy” rating on shares of Wayfair in a report on Wednesday, August 9th. Credit Suisse Group lifted their price objective on Wayfair from $75.00 to $78.00 and gave the company a “neutral” rating in a report on Wednesday, August 9th. Finally, Wolfe Research reaffirmed an “outperform” rating on shares of Wayfair in a report on Wednesday, August 9th. Ten research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. Wayfair currently 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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