Wayfair Inc. (NYSE:W) insider John Champlin Mulliken sold 700 shares of the stock in a transaction dated Thursday, October 26th. The stock was sold at an average price of $64.73, for a total value of $45,311.00. Following the transaction, the insider now owns 186,269 shares in the company, valued at $12,057,192.37. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Thursday, October 19th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $67.57, for a total value of $47,299.00.
  • 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.

Shares of Wayfair Inc. (NYSE W) traded up 3.12% during midday trading on Monday, reaching $69.66. The company’s stock had a trading volume of 2,212,139 shares. The stock’s 50-day moving average is $71.96 and its 200 day moving average is $68.03. The stock’s market capitalization is $6.07 billion. Wayfair Inc. has a 12 month low of $27.60 and a 12 month high of $84.19.

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 firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same period in the previous year, the company posted ($0.43) earnings per share. The company’s quarterly revenue was up 42.7% compared to the same quarter last year. On average, analysts expect 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 stock. BNP Paribas Arbitrage SA increased its stake in 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. bought a new position in Wayfair during the second quarter valued at about $138,000. Delta Asset Management LLC TN increased its stake in Wayfair by 375.0% during the third quarter. Delta Asset Management LLC TN now owns 1,900 shares of the company’s stock valued at $128,000 after acquiring an additional 1,500 shares during the period. UBS Group AG increased its stake in 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. Finally, CIBC Asset Management Inc bought a new position in Wayfair during the second quarter valued at about $208,000. Hedge funds and other institutional investors own 66.24% of the company’s stock.

A number of research firms have recently commented on W. Buckingham Research restated a “buy” rating and issued a $95.00 price objective on shares of Wayfair in a report on Thursday, August 10th. Piper Jaffray Companies set a $87.00 price objective on Wayfair and gave the stock a “buy” rating in a report on Friday, July 28th. Oppenheimer Holdings Inc. set a $88.00 price objective on Wayfair and gave the stock a “buy” rating in a report on Friday, August 4th. Canaccord Genuity restated a “buy” rating and issued a $90.00 price objective on shares of Wayfair in a report on Sunday, October 1st. Finally, Stifel Nicolaus upgraded Wayfair from a “hold” rating to a “buy” rating and raised their target price for the company from $75.00 to $78.00 in a report on Friday, August 25th. Nine research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Wayfair has a consensus rating of “Buy” and a consensus target price 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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