Wayfair Inc. (NYSE:W) insider John Champlin Mulliken sold 700 shares of Wayfair stock in a transaction on Thursday, September 7th. The shares were sold at an average price of $73.70, for a total value of $51,590.00. Following the sale, the insider now directly owns 184,801 shares of the company’s stock, valued at approximately $13,619,833.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • On Friday, September 1st, John Champlin Mulliken sold 942 shares of Wayfair stock. The shares were sold at an average price of $70.19, for a total value of $66,118.98.
  • On Thursday, August 24th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $67.55, for a total value of $47,285.00.
  • On Thursday, August 17th, John Champlin Mulliken sold 1,672 shares of Wayfair stock. The shares were sold at an average price of $69.00, for a total value of $115,368.00.
  • 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 value of $49,161.00.
  • On Friday, August 4th, John Champlin Mulliken sold 3,700 shares of Wayfair stock. The stock was sold at an average price of $78.95, for a total value of $292,115.00.
  • On Tuesday, August 1st, John Champlin Mulliken sold 241 shares of Wayfair stock. The stock was sold at an average price of $76.75, for a total value of $18,496.75.
  • On Thursday, July 27th, John Champlin Mulliken sold 1,000 shares of Wayfair stock. The stock was sold at an average price of $79.96, for a total value of $79,960.00.
  • On Wednesday, July 26th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $80.07, for a total value of $56,049.00.
  • On Thursday, July 20th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $75.71, for a total value of $52,997.00.
  • On Monday, July 17th, John Champlin Mulliken sold 971 shares of Wayfair stock. The stock was sold at an average price of $76.57, for a total value of $74,349.47.

Wayfair Inc. (NYSE:W) traded up 4.65% on Friday, hitting $77.23. The stock had a trading volume of 2,053,396 shares. The firm’s market cap is $6.73 billion. The company’s 50 day moving average price is $72.74 and its 200 day moving average price is $59.68. Wayfair Inc. has a 52-week low of $27.60 and a 52-week high of $82.19.

Wayfair (NYSE:W) last announced its quarterly earnings results on Tuesday, August 8th. The company reported ($0.26) EPS for the quarter, beating the Zacks’ consensus estimate 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 firm 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 earned ($0.43) EPS. The firm’s revenue for the quarter was up 42.7% compared to the same quarter last year. Analysts expect that Wayfair Inc. will post ($1.45) EPS for the current year.

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Several large investors have recently made changes to their positions in the stock. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its holdings in shares of Wayfair by 9.6% in the 1st quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 2,820 shares of the company’s stock valued at $114,000 after acquiring an additional 247 shares during the last quarter. First Personal Financial Services lifted its holdings in shares of Wayfair by 12.8% in the 2nd quarter. First Personal Financial Services now owns 2,792 shares of the company’s stock valued at $215,000 after acquiring an additional 317 shares during the last quarter. BNP Paribas Arbitrage SA lifted its holdings in shares of Wayfair by 96.2% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 1,360 shares of the company’s stock valued at $105,000 after acquiring an additional 667 shares during the last quarter. Nationwide Fund Advisors lifted its holdings in shares of Wayfair by 2.1% in the 1st quarter. Nationwide Fund Advisors now owns 33,721 shares of the company’s stock valued at $1,365,000 after acquiring an additional 709 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its holdings in shares of Wayfair by 18.9% in the 2nd quarter. Pacer Advisors Inc. now owns 4,903 shares of the company’s stock valued at $377,000 after acquiring an additional 779 shares during the last quarter.

Several equities research analysts have issued reports on W shares. Gordon Haskett lowered Wayfair from a “buy” rating to an “accumulate” rating and lifted their price target for the stock from $70.00 to $85.00 in a research note on Tuesday, June 27th. Piper Jaffray Companies set a $87.00 price target on Wayfair and gave the stock a “buy” rating in a research note on Saturday, July 1st. Oppenheimer Holdings Inc. set a $88.00 price target on Wayfair and gave the stock a “buy” rating in a research note on Friday, August 4th. Buckingham Research reaffirmed a “buy” rating and set a $95.00 price target (up previously from $72.00) on shares of Wayfair in a research note on Thursday, July 13th. They noted that the move was a valuation call. Finally, BidaskClub lowered Wayfair from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 4th. Nine research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $70.75.

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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