Wayfair Inc. (NYSE:W) insider Edmond Macri sold 600 shares of the firm’s stock in a transaction that occurred on Tuesday, October 10th. The stock was sold at an average price of $65.76, for a total transaction of $39,456.00. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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

  • On Tuesday, October 3rd, Edmond Macri sold 844 shares of Wayfair stock. The stock was sold at an average price of $69.61, for a total transaction of $58,750.84.
  • On Tuesday, September 26th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $71.51, for a total transaction of $42,906.00.
  • On Tuesday, September 19th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $79.89, for a total transaction of $47,934.00.
  • 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 value 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 value 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 value 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 value 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 value 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 value of $119,429.90.

Wayfair Inc. (NYSE:W) traded up 0.41% on Wednesday, reaching $66.22. The company had a trading volume of 1,719,937 shares. Wayfair Inc. has a 12 month low of $27.60 and a 12 month high of $84.19. The company’s 50 day moving average price is $73.04 and its 200-day moving average price is $65.93. The company’s market capitalization is $5.77 billion.

Wayfair (NYSE:W) last issued its quarterly earnings results on Tuesday, August 8th. The company reported ($0.26) earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the prior year, the firm posted ($0.43) earnings per share. The firm’s revenue for the quarter was up 42.7% compared to the same quarter last year. On average, equities analysts predict that Wayfair Inc. will post ($1.45) earnings per share for the current fiscal year.

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Institutional investors and hedge funds have recently modified their holdings of the company. BNP Paribas Arbitrage SA lifted its stake in shares of Wayfair by 96.2% during the second 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 period. First Mercantile Trust Co. acquired a new position in shares of Wayfair during the second quarter valued at $138,000. UBS Group AG lifted its stake in shares of Wayfair by 55.5% during the first quarter. UBS Group AG now owns 2,690 shares of the company’s stock valued at $109,000 after acquiring an additional 960 shares during the period. CIBC Asset Management Inc acquired a new position in shares of Wayfair during the second quarter valued at $208,000. Finally, Ameritas Investment Partners Inc. acquired a new position in shares of Wayfair during the first quarter valued at $110,000. 66.15% of the stock is currently owned by institutional investors and hedge funds.

W has been the topic of several research analyst reports. Gordon Haskett cut Wayfair from a “buy” rating to an “accumulate” rating and raised their price objective for the stock from $70.00 to $85.00 in a research note on Tuesday, June 27th. Piper Jaffray Companies set a $87.00 target price on Wayfair and gave the company a “buy” rating in a research note on Saturday, July 1st. Canaccord Genuity reiterated a “buy” rating on shares of Wayfair in a research note on Tuesday, August 8th. BidaskClub cut Wayfair from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 4th. Finally, Oppenheimer Holdings, Inc. set a $88.00 target price on Wayfair and gave the company a “buy” rating in a research note on Friday, August 4th. Nine analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $77.07.

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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