Wayfair Inc. (NYSE:W) insider Edmond Macri sold 600 shares of the business’s stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $79.89, for a total transaction of $47,934.00. Following the completion of the transaction, the insider now owns 500 shares of the company’s stock, valued at approximately $39,945. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

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

  • On Tuesday, September 12th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $78.26, for a total transaction of $46,956.00.
  • On Tuesday, September 5th, Edmond Macri sold 842 shares of Wayfair stock. The stock was sold at an average price of $72.17, for a total transaction of $60,767.14.
  • On Tuesday, August 22nd, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $66.36, for a total transaction of $39,816.00.
  • On Tuesday, August 15th, Edmond Macri sold 1,570 shares of Wayfair stock. The stock was sold at an average price of $70.70, for a total transaction of $110,999.00.
  • 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $75.01, for a total transaction of $45,006.00.

Shares of Wayfair Inc. (NYSE:W) traded down 2.41% during midday trading on Thursday, reaching $81.75. 1,305,210 shares of the company were exchanged. Wayfair Inc. has a 52-week low of $27.60 and a 52-week high of $83.89. The company’s market capitalization is $7.13 billion. The stock’s 50-day moving average price is $73.34 and its 200-day moving average price is $62.21.

Wayfair (NYSE:W) last posted its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the prior year, the firm posted ($0.43) EPS. The firm’s revenue was up 42.7% compared to the same quarter last year. Analysts anticipate that Wayfair Inc. will post ($1.45) EPS for the current year.

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A number of hedge funds and other institutional investors have recently bought and sold shares of W. Spruce House Investment Management LLC bought a new position in Wayfair during the 1st quarter valued at $101,225,000. Columbia Wanger Asset Management LLC bought a new position in shares of Wayfair in the 1st quarter worth about $42,729,000. Vanguard Group Inc. lifted its position in shares of Wayfair by 16.3% in the 2nd quarter. Vanguard Group Inc. now owns 3,028,832 shares of the company’s stock worth $232,857,000 after buying an additional 423,631 shares during the last quarter. Lord Abbett & CO. LLC bought a new position in shares of Wayfair in the 2nd quarter worth about $27,345,000. Finally, Eventide Asset Management LLC lifted its position in shares of Wayfair by 99.7% in the 1st quarter. Eventide Asset Management LLC now owns 699,000 shares of the company’s stock worth $28,303,000 after buying an additional 349,000 shares during the last quarter. Hedge funds and other institutional investors own 66.15% of the company’s stock.

W has been the subject of several research reports. Oppenheimer Holdings, Inc. upgraded shares of Wayfair from a “market perform” rating to an “outperform” rating and set a $80.00 price target for the company in a research note on Friday, June 2nd. CIBC upgraded shares of Wayfair from a “market perform” rating to an “outperform” rating in a research note on Friday, June 2nd. Piper Jaffray Companies restated an “overweight” rating and issued a $87.00 price target (up previously from $70.00) on shares of Wayfair in a research note on Wednesday, June 14th. Maxim Group downgraded shares of Wayfair from a “buy” rating to a “hold” rating and boosted their price target for the stock from $27.60 to $76.17 in a research note on Monday, June 19th. They noted that the move was a valuation call. Finally, Gordon Haskett downgraded shares of Wayfair from a “buy” rating to an “accumulate” rating and boosted their price target for the stock from $70.00 to $85.00 in a research note on Tuesday, June 27th. Ten equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $72.84.

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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