Wayfair Inc. (NYSE:W) SVP Steve Oblak sold 300 shares of the stock in a transaction that occurred on Monday, October 23rd. The shares were sold at an average price of $67.47, for a total value of $20,241.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

  • On Monday, October 16th, Steve Oblak sold 406 shares of Wayfair stock. The shares were sold at an average price of $71.33, for a total value of $28,959.98.
  • On Monday, October 9th, Steve Oblak sold 300 shares of Wayfair stock. The shares were sold at an average price of $68.84, for a total value of $20,652.00.
  • On Monday, October 2nd, Steve Oblak sold 237 shares of Wayfair stock. The shares were sold at an average price of $67.21, for a total value of $15,928.77.
  • On Monday, September 25th, Steve Oblak sold 300 shares of Wayfair stock. The shares were 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 shares were 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 shares were 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 shares were 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.

Shares of Wayfair Inc. (NYSE:W) traded down 0.97% during trading on Tuesday, hitting $66.45. The stock had a trading volume of 1,068,531 shares. The company’s 50 day moving average price is $72.82 and its 200 day moving average price is $67.75. Wayfair Inc. has a 52 week low of $27.60 and a 52 week high of $84.19. The company’s market capitalization is $5.79 billion.

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

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A number of hedge funds have recently modified their holdings of the business. FMR LLC raised its holdings in Wayfair by 2.7% during the 2nd quarter. FMR LLC now owns 7,757,688 shares of the company’s stock valued at $596,411,000 after acquiring an additional 207,443 shares during the period. Vanguard Group Inc. raised its holdings in Wayfair by 16.3% during the 2nd quarter. Vanguard Group Inc. now owns 3,028,832 shares of the company’s stock valued at $232,857,000 after acquiring an additional 423,631 shares during the period. Baillie Gifford & Co. raised its holdings in Wayfair by 5.7% during the 2nd quarter. Baillie Gifford & Co. now owns 1,914,674 shares of the company’s stock valued at $147,200,000 after acquiring an additional 102,460 shares during the period. Allen Investment Management LLC raised its holdings in Wayfair by 25.7% during the 2nd quarter. Allen Investment Management LLC now owns 880,000 shares of the company’s stock valued at $67,654,000 after acquiring an additional 180,000 shares during the period. Finally, State Street Corp raised its holdings in Wayfair by 1.8% during the 1st quarter. State Street Corp now owns 695,502 shares of the company’s stock valued at $28,158,000 after acquiring an additional 12,398 shares during the period. 65.94% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have recently issued reports on W shares. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and issued a $88.00 price objective on shares of Wayfair in a research report on Wednesday, September 13th. DA Davidson started coverage on Wayfair in a research report on Wednesday, September 13th. They issued a “neutral” rating and a $78.00 price objective for the company. BidaskClub cut Wayfair from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 4th. Piper Jaffray Companies set a $87.00 price objective on Wayfair and gave the company a “buy” rating in a research report on Friday, July 28th. Finally, Robert W. Baird reaffirmed a “neutral” rating on shares of Wayfair in a research report on Monday, July 3rd. Nine research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. Wayfair currently has an average rating of “Buy” and a consensus price target of $77.51.

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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