Wayfair Inc. (NYSE:W) insider John Champlin Mulliken sold 700 shares of the stock in a transaction dated Thursday, October 19th. The stock was sold at an average price of $67.57, for a total value of $47,299.00. Following the sale, the insider now directly owns 186,969 shares in the company, valued at $12,633,495.33. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

John Champlin Mulliken also recently made the following trade(s):

  • On Monday, October 16th, John Champlin Mulliken sold 1,673 shares of Wayfair stock. The stock was sold at an average price of $69.17, for a total value of $115,721.41.
  • On Thursday, October 5th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $71.37, for a total value of $49,959.00.
  • On Monday, October 2nd, John Champlin Mulliken sold 936 shares of Wayfair stock. The stock was sold at an average price of $68.61, for a total value of $64,218.96.
  • On Thursday, September 21st, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $82.02, for a total value of $57,414.00.
  • On Friday, September 15th, John Champlin Mulliken sold 5,575 shares of Wayfair stock. The stock was sold at an average price of $79.57, for a total value of $443,602.75.
  • On Thursday, September 7th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $73.70, for a total value of $51,590.00.
  • On Friday, September 1st, John Champlin Mulliken sold 942 shares of Wayfair stock. The stock was sold at an average price of $70.19, for a total value of $66,118.98.
  • On Thursday, August 24th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $67.55, for a total value of $47,285.00.
  • On Thursday, August 17th, John Champlin Mulliken sold 1,672 shares of Wayfair stock. The stock was sold at an average price of $69.00, for a total value of $115,368.00.
  • On Thursday, August 10th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $70.23, for a total value of $49,161.00.

Shares of Wayfair Inc. (NYSE W) traded down 0.97% on Tuesday, reaching $66.45. 1,068,531 shares of the company were exchanged. Wayfair Inc. has a 52-week low of $27.60 and a 52-week high of $84.19. The stock has a 50 day moving average of $72.64 and a 200-day moving average of $67.92. The company’s market capitalization is $5.79 billion.

Wayfair (NYSE:W) last announced 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 net margin of 5.10% and a negative return on equity of 335.44%. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the prior year, the firm earned ($0.43) earnings per share. The company’s revenue for the quarter was up 42.7% compared to the same quarter last year. On average, analysts predict that Wayfair Inc. will post ($1.45) EPS for the current fiscal year.

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Hedge funds and other institutional investors have recently made changes to their positions in the business. BNP Paribas Arbitrage SA lifted its holdings in shares of Wayfair by 96.2% in the second quarter. BNP Paribas Arbitrage SA now owns 1,360 shares of the company’s stock valued at $105,000 after purchasing an additional 667 shares in the last quarter. First Mercantile Trust Co. purchased a new stake in shares of Wayfair in the second quarter valued at about $138,000. UBS Group AG lifted its holdings in shares of Wayfair by 55.5% in the first quarter. UBS Group AG now owns 2,690 shares of the company’s stock valued at $109,000 after purchasing an additional 960 shares in the last quarter. CIBC Asset Management Inc purchased a new stake in shares of Wayfair in the second quarter valued at about $208,000. Finally, Ameritas Investment Partners Inc. purchased a new stake in shares of Wayfair in the first quarter valued at about $110,000. 65.94% of the stock is currently owned by institutional investors.

A number of equities research analysts have recently commented on the company. MKM Partners assumed coverage on Wayfair in a research report on Wednesday, October 18th. They set a “buy” rating and a $85.00 target price on the stock. Oppenheimer Holdings, Inc. set a $88.00 target price on Wayfair and gave the company a “buy” rating in a research report on Wednesday, October 18th. Piper Jaffray Companies set a $89.00 target price on Wayfair and gave the company a “buy” rating in a research report on Monday, October 16th. Wedbush restated an “outperform” rating and set a $82.00 target price on shares of Wayfair in a research report on Wednesday, October 4th. Finally, Canaccord Genuity restated a “buy” rating and set a $90.00 target price on shares of Wayfair in a research report on Sunday, October 1st. Nine investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Wayfair currently has an average rating of “Buy” and a consensus price target of $77.51.

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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