Wayfair Inc. (NYSE:W) CFO Michael D. Fleisher sold 4,628 shares of the firm’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $66.81, for a total value of $309,196.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of Wayfair Inc. (W) traded up $1.41 during mid-day trading on Tuesday, hitting $68.09. The company had a trading volume of 702,265 shares, compared to its average volume of 1,553,185. The company has a debt-to-equity ratio of 135.98, a current ratio of 1.19 and a quick ratio of 1.17. Wayfair Inc. has a fifty-two week low of $32.61 and a fifty-two week high of $84.19.

Wayfair (NYSE:W) last issued its quarterly earnings results on Thursday, November 2nd. The company reported ($0.65) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.68) by $0.03. The business had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Wayfair had a negative return on equity of 658.45% and a negative net margin of 5.06%. The firm’s revenue for the quarter was up 39.1% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.54) earnings per share. analysts predict that Wayfair Inc. will post -2.63 earnings per share for the current year.

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Several research firms have weighed in on W. DA Davidson assumed coverage on Wayfair in a report on Wednesday, September 13th. They set a “neutral” rating and a $78.00 target price on the stock. Piper Jaffray Companies set a $87.00 price target on Wayfair and gave the company a “buy” rating in a report on Friday, July 28th. Oppenheimer Holdings, Inc. set a $88.00 price target on Wayfair and gave the company a “buy” rating in a report on Friday, August 4th. Wedbush reaffirmed a “buy” rating on shares of Wayfair in a research report on Wednesday, August 9th. Finally, Credit Suisse Group lifted their target price on Wayfair from $75.00 to $78.00 and gave the company a “neutral” rating in a research report on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and fifteen have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $76.01.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in W. Legal & General Group Plc lifted its stake in Wayfair by 12.8% during the first quarter. Legal & General Group Plc now owns 11,529 shares of the company’s stock worth $466,000 after purchasing an additional 1,312 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Wayfair by 4.6% during the first quarter. Vanguard Group Inc. now owns 2,605,201 shares of the company’s stock worth $105,484,000 after buying an additional 113,613 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Wayfair by 10.0% during the first quarter. Geode Capital Management LLC now owns 233,243 shares of the company’s stock worth $9,444,000 after buying an additional 21,119 shares in the last quarter. UBS Group AG increased its holdings in shares of Wayfair by 55.5% during the first quarter. UBS Group AG now owns 2,690 shares of the company’s stock worth $109,000 after buying an additional 960 shares in the last quarter. Finally, Renaissance Technologies LLC increased its holdings in shares of Wayfair by 46.6% during the first quarter. Renaissance Technologies LLC now owns 36,800 shares of the company’s stock worth $1,490,000 after buying an additional 11,700 shares in the last quarter. Hedge funds and other institutional investors own 70.06% of the company’s stock.

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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