Wayfair Inc. (NYSE:W) SVP Steve Oblak sold 300 shares of Wayfair stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $69.24, for a total transaction of $20,772.00. Following the completion of the sale, the senior vice president now owns 120,662 shares of the company’s stock, valued at $8,354,636.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Steve Oblak also recently made the following trade(s):

  • On Tuesday, August 15th, Steve Oblak sold 805 shares of Wayfair stock. The shares were sold at an average price of $70.68, for a total transaction of $56,897.40.
  • On Tuesday, August 1st, Steve Oblak sold 949 shares of Wayfair stock. The shares were sold at an average price of $75.96, for a total transaction of $72,086.04.
  • On Monday, July 17th, Steve Oblak sold 705 shares of Wayfair stock. The shares were sold at an average price of $76.41, for a total transaction of $53,869.05.
  • On Monday, July 3rd, Steve Oblak sold 948 shares of Wayfair stock. The shares were sold at an average price of $76.68, for a total transaction of $72,692.64.
  • On Monday, June 19th, Steve Oblak sold 4,528 shares of Wayfair stock. The shares were sold at an average price of $70.83, for a total transaction of $320,718.24.
  • On Monday, June 5th, Steve Oblak sold 300 shares of Wayfair stock. The shares were sold at an average price of $68.44, for a total transaction of $20,532.00.
  • On Thursday, June 1st, Steve Oblak sold 643 shares of Wayfair stock. The shares were sold at an average price of $63.41, for a total transaction of $40,772.63.

Shares of Wayfair Inc. (NYSE W) traded up 2.18% during trading on Wednesday, reaching $69.78. 795,955 shares of the company were exchanged. The company has a 50 day moving average price of $73.76 and a 200-day moving average price of $57.85. Wayfair Inc. has a one year low of $27.60 and a one year high of $82.19. The stock’s market capitalization is $6.08 billion.

Wayfair (NYSE:W) last issued its quarterly earnings results 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 return on equity of 335.44% and a negative net margin of 5.10%. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter in the prior year, the firm earned ($0.43) EPS. The business’s revenue for the quarter was up 42.7% compared to the same quarter last year. Equities analysts predict 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 modified their holdings of the stock. Teachers Advisors LLC boosted its position in shares of Wayfair by 5.7% in the fourth quarter. Teachers Advisors LLC now owns 126,565 shares of the company’s stock worth $4,436,000 after buying an additional 6,865 shares in the last quarter. Nationwide Fund Advisors boosted its position 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. NJ State Employees Deferred Compensation Plan purchased a new position in shares of Wayfair during the first quarter worth approximately $445,000. Wells Fargo & Company MN boosted its position in shares of Wayfair by 3.8% in the first quarter. Wells Fargo & Company MN now owns 41,065 shares of the company’s stock worth $1,663,000 after buying an additional 1,518 shares in the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position 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 analysts have issued reports on the stock. BidaskClub cut shares of Wayfair from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 4th. Oppenheimer Holdings, Inc. set a $88.00 target price on shares of Wayfair and gave the company a “buy” rating in a research note on Friday, August 4th. Piper Jaffray Companies set a $87.00 target price on shares of Wayfair and gave the company a “buy” rating in a research note on Friday, July 28th. Robert W. Baird reiterated a “neutral” rating on shares of Wayfair in a research note on Monday, July 3rd. Finally, Maxim Group cut shares of Wayfair from a “buy” rating to a “hold” rating and lifted their target price for the company from $27.60 to $76.17 in a research note on Monday, June 19th. They noted that the move was a valuation call. Ten analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. Wayfair currently has an average rating of “Buy” and a consensus price target of $69.67.

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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