Wayfair Inc. (NYSE:W) COO James Savarese sold 1,236 shares of the stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $63.67, for a total value of $78,696.12. Following the completion of the transaction, the chief operating officer now owns 540,920 shares of the company’s stock, valued at approximately $34,440,376.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

James Savarese also recently made the following trade(s):

  • On Monday, October 16th, James Savarese sold 1,216 shares of Wayfair stock. The shares were sold at an average price of $71.27, for a total value of $86,664.32.
  • On Friday, September 15th, James Savarese sold 4,670 shares of Wayfair stock. The shares were sold at an average price of $79.37, for a total value of $370,657.90.

Shares of Wayfair Inc. (NYSE:W) traded up $2.36 during mid-day trading on Wednesday, reaching $64.90. The company’s stock had a trading volume of 1,754,500 shares, compared to its average volume of 1,563,633. The company has a quick ratio of 1.17, a current ratio of 1.19 and a debt-to-equity ratio of 135.98. Wayfair Inc. has a one year low of $32.61 and a one year high of $84.19.

Wayfair (NYSE:W) last posted its quarterly earnings data on Thursday, November 2nd. The company reported ($0.65) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.68) by $0.03. Wayfair had a negative return on equity of 658.45% and a negative net margin of 5.06%. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the previous year, the business earned ($0.54) EPS. The company’s quarterly revenue was up 39.1% compared to the same quarter last year. equities analysts expect that Wayfair Inc. will post -2.58 EPS for the current year.

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A number of analysts have issued reports on W shares. Canaccord Genuity reissued a “buy” rating on shares of Wayfair in a research note on Tuesday, August 8th. BidaskClub lowered Wayfair from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 4th. Oppenheimer Holdings, Inc. set a $88.00 price objective on Wayfair and gave the company a “buy” rating in a research note on Friday, August 4th. Buckingham Research reaffirmed a “buy” rating and issued a $95.00 price objective on shares of Wayfair in a research note on Thursday, August 10th. Finally, Wedbush reaffirmed a “buy” rating on shares of Wayfair in a research note on Wednesday, August 9th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and fifteen have issued a buy rating to the stock. Wayfair currently has a consensus rating of “Buy” and a consensus price target of $76.01.

Several institutional investors have recently made changes to their positions in W. Utah Retirement Systems acquired a new position in Wayfair during the second quarter valued at $539,000. Old Mutual Global Investors UK Ltd. purchased a new position in Wayfair in the second quarter valued at about $738,000. Baillie Gifford & Co. grew its stake in Wayfair by 5.7% in the second quarter. Baillie Gifford & Co. now owns 1,914,674 shares of the company’s stock valued at $147,200,000 after purchasing an additional 102,460 shares in the last quarter. Maverick Capital Ltd. purchased a new position in Wayfair in the second quarter valued at about $4,015,000. Finally, State of Wisconsin Investment Board bought a new stake in shares of Wayfair during the 2nd quarter worth about $588,000. 66.99% of the stock is currently owned by institutional investors.

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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