Wayfair Inc. (NYSE:W) insider John Champlin Mulliken sold 941 shares of Wayfair stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $62.37, for a total value of $58,690.17. Following the completion of the sale, the insider now directly owns 1,000 shares of the company’s stock, valued at approximately $62,370. The transaction was disclosed in a document filed with the SEC, which is available at this link.

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

  • On Thursday, October 26th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $64.73, for a total value of $45,311.00.
  • 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.

Wayfair (NYSE:W) last announced its quarterly earnings results on Thursday, November 2nd. The company reported ($0.65) earnings per share for the quarter, missing the consensus estimate of ($0.47) by ($0.18). Wayfair had a negative return on equity of 335.44% and a negative net margin of 5.10%. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same period in the prior year, the business posted ($0.54) earnings per share. Wayfair’s revenue for the quarter was up 39.1% on a year-over-year basis.

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Institutional investors have recently modified their holdings of the stock. Utah Retirement Systems purchased a new position in Wayfair in the 2nd quarter valued at about $539,000. Ameriprise Financial Inc. purchased a new position in Wayfair in the 1st quarter worth approximately $1,650,000. Old Mutual Global Investors UK Ltd. purchased a new position in Wayfair in the 2nd quarter worth approximately $738,000. Baillie Gifford & Co. lifted its stake in Wayfair by 5.7% in the 2nd quarter. Baillie Gifford & Co. now owns 1,914,674 shares of the company’s stock worth $147,200,000 after purchasing an additional 102,460 shares in the last quarter. Finally, State of Wisconsin Investment Board purchased a new position in Wayfair in the 2nd quarter worth approximately $588,000. 66.24% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts recently commented on W shares. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and issued a $88.00 price objective on shares of Wayfair in a report on Wednesday, September 13th. DA Davidson started coverage on Wayfair in a report on Wednesday, September 13th. They issued a “neutral” rating and a $78.00 price objective for the company. BidaskClub lowered Wayfair from a “strong-buy” rating to a “buy” rating in a report on Friday, August 4th. 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. Finally, Buckingham Research reaffirmed a “buy” rating and issued a $95.00 price objective (up previously from $72.00) on shares of Wayfair in a 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 fourteen have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price 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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