Wayfair Inc. (NYSE:W) insider John Champlin Mulliken sold 1,672 shares of the company’s stock in a transaction on Thursday, August 17th. The shares were sold at an average price of $69.00, for a total value of $115,368.00. Following the completion of the transaction, the insider now directly owns 188,315 shares in the company, valued at approximately $12,993,735. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Thursday, August 10th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were 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 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.

Wayfair Inc. (W) traded down 5.11% during midday trading on Thursday, reaching $67.07. 1,712,067 shares of the company’s stock were exchanged. The company’s market cap is $5.85 billion. Wayfair Inc. has a 52 week low of $27.60 and a 52 week high of $82.19. The firm has a 50-day moving average price of $75.29 and a 200 day moving average price of $56.69.

Wayfair (NYSE:W) last announced its quarterly earnings data on Tuesday, August 8th. The company reported ($0.26) EPS for the quarter, beating analysts’ consensus estimates of ($0.69) by $0.43. Wayfair had a negative net margin of 5.10% and a negative return on equity of 335.44%. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter last year, the firm posted ($0.43) EPS. The company’s quarterly revenue was up 42.7% on a year-over-year basis. Analysts anticipate that Wayfair Inc. will post ($1.46) EPS for the current year.

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Several hedge funds and other institutional investors have recently made changes to their positions in W. NJ State Employees Deferred Compensation Plan purchased a new position in shares of Wayfair during the first quarter worth approximately $445,000. Ameriprise Financial Inc. purchased a new position in shares of Wayfair during the first quarter worth approximately $1,650,000. Pacer Advisors Inc. increased its position in shares of Wayfair by 45.6% in the first quarter. Pacer Advisors Inc. now owns 4,124 shares of the company’s stock worth $167,000 after buying an additional 1,292 shares during the period. Clough Capital Partners L P increased its position in shares of Wayfair by 46.1% in the first quarter. Clough Capital Partners L P now owns 318,664 shares of the company’s stock worth $11,716,000 after buying an additional 100,482 shares during the period. Finally, American International Group Inc. increased its position in shares of Wayfair by 7.0% in the first quarter. American International Group Inc. now owns 19,411 shares of the company’s stock worth $786,000 after buying an additional 1,273 shares during the period.

Several brokerages have issued reports on W. Oppenheimer Holdings, Inc. reissued a “hold” rating on shares of Wayfair in a research note 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 cut shares of Wayfair from a “buy” rating to a “hold” rating in a report on Tuesday, May 16th. Buckingham Research restated a “buy” rating and set 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 cut shares of Wayfair from a “buy” rating to a “hold” rating and boosted their price target for the company from $27.60 to $76.17 in a report on Monday, June 19th. They noted that the move was a valuation call. Ten investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $69.15.

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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