Wayfair Inc. (NYSE:W) CTO John Champlin Mulliken sold 990 shares of the company’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $63.53, for a total transaction of $62,894.70. Following the completion of the transaction, the chief technology officer now owns 187,128 shares in the company, valued at $11,888,241.84. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

  • On Thursday, November 9th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $57.01, for a total transaction of $39,907.00.
  • On Thursday, November 2nd, John Champlin Mulliken sold 941 shares of Wayfair stock. The stock was sold at an average price of $62.37, for a total transaction of $58,690.17.
  • 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction of $51,590.00.

Wayfair Inc. (NYSE W) traded up $2.36 during midday trading on Wednesday, hitting $64.90. 1,754,500 shares of the company were exchanged, compared to its average volume of 1,563,633. The company has a current ratio of 1.19, a quick ratio of 1.17 and a debt-to-equity ratio of 135.98. Wayfair Inc. has a 1 year low of $32.61 and a 1 year high of $84.19.

Wayfair (NYSE:W) last posted its earnings results on Thursday, November 2nd. The company reported ($0.65) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.68) by $0.03. The firm had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.21 billion. Wayfair had a negative net margin of 5.06% and a negative return on equity of 658.45%. The company’s revenue was up 39.1% on a year-over-year basis. During the same period last year, the firm posted ($0.54) EPS. research analysts forecast that Wayfair Inc. will post -2.58 EPS for the current fiscal year.

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Several hedge funds and other institutional investors have recently bought and sold shares of the stock. DF Dent & Co. Inc. grew its position in shares of Wayfair by 19.1% in the 3rd quarter. DF Dent & Co. Inc. now owns 8,391 shares of the company’s stock valued at $566,000 after buying an additional 1,343 shares during the last quarter. California Public Employees Retirement System grew its position in Wayfair by 4.9% during the 3rd quarter. California Public Employees Retirement System now owns 119,341 shares of the company’s stock worth $8,044,000 after purchasing an additional 5,541 shares during the last quarter. Cubist Systematic Strategies LLC grew its position in Wayfair by 440.7% during the 3rd quarter. Cubist Systematic Strategies LLC now owns 20,287 shares of the company’s stock worth $1,367,000 after purchasing an additional 16,535 shares during the last quarter. Point72 Asset Management L.P. grew its position in Wayfair by 78,600.0% during the 3rd quarter. Point72 Asset Management L.P. now owns 14,953 shares of the company’s stock worth $1,008,000 after purchasing an additional 14,934 shares during the last quarter. Finally, Janus Henderson Group PLC purchased a new position in Wayfair during the 3rd quarter worth $6,147,000. 66.99% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities research analysts have issued reports on the stock. Canaccord Genuity reiterated a “buy” rating on shares of Wayfair in a report on Tuesday, August 8th. Buckingham Research reiterated a “buy” rating and set a $95.00 target price on shares of Wayfair in a report on Thursday, August 10th. BidaskClub lowered shares of Wayfair from a “buy” rating to a “hold” rating in a report on Friday, August 11th. Credit Suisse Group increased their target price on shares of Wayfair from $75.00 to $78.00 and gave the stock a “neutral” rating in a report on Wednesday, August 9th. Finally, KeyCorp reiterated a “hold” rating on shares of Wayfair in a report on Friday, September 29th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and fifteen have issued a buy rating to the company. Wayfair currently has an average rating of “Buy” and an average target price of $76.01.

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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