Wayfair Inc. (NYSE:W) CEO Niraj Shah sold 1,214 shares of the stock in a transaction on Monday, October 16th. The shares were sold at an average price of $71.22, for a total value of $86,461.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Niraj Shah also recently made the following trade(s):

  • On Friday, September 15th, Niraj Shah sold 1,216 shares of Wayfair stock. The shares were sold at an average price of $79.97, for a total value of $97,243.52.
  • On Monday, August 28th, Niraj Shah sold 14,200 shares of Wayfair stock. The shares were sold at an average price of $68.52, for a total value of $972,984.00.
  • On Tuesday, August 29th, Niraj Shah sold 41,000 shares of Wayfair stock. The shares were sold at an average price of $67.87, for a total value of $2,782,670.00.
  • On Wednesday, August 23rd, Niraj Shah sold 12,000 shares of Wayfair stock. The shares were sold at an average price of $66.95, for a total value of $803,400.00.
  • On Tuesday, August 22nd, Niraj Shah sold 12,000 shares of Wayfair stock. The shares were sold at an average price of $66.73, for a total value of $800,760.00.
  • On Monday, August 21st, Niraj Shah sold 16,000 shares of Wayfair stock. The shares were sold at an average price of $65.98, for a total value of $1,055,680.00.
  • On Wednesday, August 16th, Niraj Shah sold 36,058 shares of Wayfair stock. The shares were sold at an average price of $70.57, for a total value of $2,544,613.06.
  • On Monday, August 14th, Niraj Shah sold 10,000 shares of Wayfair stock. The shares were sold at an average price of $70.68, for a total value of $706,800.00.
  • On Wednesday, August 9th, Niraj Shah sold 55,000 shares of Wayfair stock. The shares were sold at an average price of $76.65, for a total value of $4,215,750.00.
  • On Wednesday, August 2nd, Niraj Shah sold 50,000 shares of Wayfair stock. The shares were sold at an average price of $75.51, for a total value of $3,775,500.00.

Shares of Wayfair Inc. (NYSE W) traded down 2.83% during midday trading on Tuesday, reaching $67.76. The company had a trading volume of 1,736,125 shares. The stock’s market capitalization is $5.91 billion. The company’s 50-day moving average is $73.29 and its 200-day moving average is $66.57. Wayfair Inc. has a 1-year low of $27.60 and a 1-year high of $84.19.

Wayfair (NYSE:W) last posted its quarterly earnings data on Tuesday, August 8th. The company reported ($0.26) EPS for the quarter, beating analysts’ consensus estimates of ($0.69) by $0.43. The company had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.06 billion. Wayfair had a negative return on equity of 335.44% and a negative net margin of 5.10%. Wayfair’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 business earned ($0.43) earnings per share. On average, equities research analysts forecast that Wayfair Inc. will post ($1.45) EPS for the current year.

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A number of equities research analysts recently commented on W shares. Maxim Group lowered Wayfair from a “buy” rating to a “hold” rating and increased their price target for the company from $27.60 to $76.17 in a research report on Monday, June 19th. They noted that the move was a valuation call. Gordon Haskett lowered Wayfair from a “buy” rating to an “accumulate” rating and increased their price target for the company from $70.00 to $85.00 in a research report on Tuesday, June 27th. Piper Jaffray Companies set a $87.00 price target on Wayfair and gave the company a “buy” rating in a research report on Saturday, July 1st. Robert W. Baird reissued a “neutral” rating on shares of Wayfair in a research report on Monday, July 3rd. Finally, Buckingham Research reissued a “buy” rating and issued a $95.00 price target (up from $72.00) on shares of Wayfair in a research report on Thursday, July 13th. They noted that the move was a valuation call. Nine equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Wayfair currently has a consensus rating of “Buy” and a consensus target price of $77.07.

A number of institutional investors have recently bought and sold shares of the stock. Lord Abbett & CO. LLC purchased a new stake in Wayfair during the second quarter valued at $27,345,000. Dynamic Technology Lab Private Ltd purchased a new stake in Wayfair during the second quarter valued at $277,000. Verition Fund Management LLC purchased a new stake in Wayfair during the second quarter valued at $251,000. California State Teachers Retirement System increased its position in Wayfair by 10.0% during the second quarter. California State Teachers Retirement System now owns 68,366 shares of the company’s stock valued at $5,256,000 after acquiring an additional 6,224 shares during the last quarter. Finally, BlueCrest Capital Management Ltd purchased a new stake in Wayfair during the second quarter valued at $3,466,000. Institutional investors own 65.93% of the company’s stock.

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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