Wayfair Inc. (NYSE:W) SVP Steve Oblak sold 237 shares of the company’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $67.21, for a total transaction of $15,928.77. Following the completion of the sale, the senior vice president now owns 125,124 shares in the company, valued at approximately $8,409,584.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • On Monday, September 25th, Steve Oblak sold 300 shares of Wayfair stock. The stock was sold at an average price of $74.36, for a total value of $22,308.00.
  • On Friday, September 15th, Steve Oblak sold 4,174 shares of Wayfair stock. The stock was sold at an average price of $79.92, for a total value of $333,586.08.
  • On Monday, September 11th, Steve Oblak sold 300 shares of Wayfair stock. The stock was sold at an average price of $77.23, for a total value of $23,169.00.
  • On Tuesday, September 12th, Steve Oblak sold 400 shares of Wayfair stock. The stock was sold at an average price of $77.92, for a total value of $31,168.00.
  • On Friday, September 1st, Steve Oblak sold 241 shares of Wayfair stock. The shares were sold at an average price of $71.39, for a total value of $17,204.99.
  • On Monday, August 28th, Steve Oblak sold 300 shares of Wayfair stock. The shares were sold at an average price of $69.24, for a total value of $20,772.00.
  • 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 value 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 value 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 value of $53,869.05.

Wayfair Inc. (NYSE W) traded up 6.34% during midday trading on Tuesday, reaching $72.80. 1,969,883 shares of the company’s stock were exchanged. Wayfair Inc. has a 12-month low of $27.60 and a 12-month high of $84.19. The stock’s market capitalization is $6.35 billion. The stock’s 50-day moving average is $72.87 and its 200-day moving average is $64.82.

Wayfair (NYSE:W) last posted its quarterly earnings data on Tuesday, August 8th. The company reported ($0.26) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.69) by $0.43. The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.06 billion. Wayfair had a negative net margin of 5.10% and a negative return on equity of 335.44%. The company’s revenue for the quarter was up 42.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.43) earnings per share. On average, equities analysts forecast that Wayfair Inc. will post ($1.45) earnings per share for the current year.

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A number of large investors have recently added to or reduced their stakes in W. Columbia Wanger Asset Management LLC acquired a new position in Wayfair during the 1st quarter valued at approximately $42,729,000. Vanguard Group Inc. raised its holdings in shares of Wayfair by 16.3% in the second 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 purchased a new position in shares of Wayfair in the second quarter worth $27,345,000. Eventide Asset Management LLC raised its holdings in shares of Wayfair by 99.7% in the first 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. Finally, Renaissance Technologies LLC raised its holdings in shares of Wayfair by 818.5% in the second quarter. Renaissance Technologies LLC now owns 338,000 shares of the company’s stock worth $25,985,000 after buying an additional 301,200 shares during the last quarter. 66.15% of the stock is currently owned by institutional investors.

A number of equities research analysts have recently commented on the company. Gordon Haskett cut Wayfair from a “buy” rating to an “accumulate” rating and increased their target price for the stock from $70.00 to $85.00 in a research note on Tuesday, June 27th. Stifel Nicolaus raised Wayfair from a “hold” rating to a “buy” rating and lifted their price target for the stock from $75.00 to $78.00 in a research report on Friday, August 25th. Ifs Securities started coverage on Wayfair in a research report on Friday, September 1st. They issued an “outperform” rating and a $85.00 price target for the company. Buckingham Research reiterated a “buy” rating and issued a $95.00 price target on shares of Wayfair in a research note on Thursday, August 10th. Finally, Piper Jaffray Companies reiterated a “buy” rating and issued a $89.00 price target on shares of Wayfair in a research note on Friday, September 8th. Ten equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $74.07.

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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