Wayfair Inc. (NYSE:W) insider Steve Oblak sold 300 shares of the company’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $71.63, for a total transaction of $21,489.00. Following the completion of the transaction, the insider now owns 125,295 shares in the company, valued at $8,974,880.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Steve Oblak also recently made the following trade(s):

  • On Monday, November 20th, Steve Oblak sold 300 shares of Wayfair stock. The shares were sold at an average price of $66.57, for a total transaction of $19,971.00.
  • On Monday, October 23rd, Steve Oblak sold 300 shares of Wayfair stock. The stock was sold at an average price of $67.47, for a total transaction of $20,241.00.
  • On Monday, October 16th, Steve Oblak sold 406 shares of Wayfair stock. The stock was sold at an average price of $71.33, for a total transaction of $28,959.98.
  • On Monday, October 9th, Steve Oblak sold 300 shares of Wayfair stock. The stock was sold at an average price of $68.84, for a total transaction of $20,652.00.
  • On Monday, October 2nd, Steve Oblak sold 237 shares of Wayfair stock. The stock was sold at an average price of $67.21, for a total transaction of $15,928.77.
  • On Monday, September 25th, Steve Oblak sold 300 shares of Wayfair stock. The stock was sold at an average price of $74.36, for a total transaction of $22,308.00.
  • On Friday, September 15th, Steve Oblak sold 4,174 shares of Wayfair stock. The stock was sold at an average price of $79.92, for a total transaction of $333,586.08.
  • On Monday, September 11th, Steve Oblak sold 300 shares of Wayfair stock. The stock was sold at an average price of $77.23, for a total transaction of $23,169.00.
  • On Tuesday, September 12th, Steve Oblak sold 400 shares of Wayfair stock. The stock was sold at an average price of $77.92, for a total transaction of $31,168.00.

Wayfair Inc. (W) traded up $0.68 during mid-day trading on Tuesday, hitting $72.58. 728,844 shares of the stock were exchanged, compared to its average volume of 1,544,012. 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 52-week low of $34.30 and a 52-week 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, topping analysts’ consensus estimates of ($0.68) by $0.03. The firm had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Wayfair had a negative net margin of 5.06% and a negative return on equity of 658.45%. The business’s revenue for the quarter was up 39.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.54) earnings per share. analysts anticipate that Wayfair Inc. will post -2.63 EPS for the current year.

W has been the subject of several recent analyst reports. Credit Suisse Group cut their price objective on shares of Wayfair from $78.00 to $69.00 and set a “neutral” rating for the company in a research report on Friday, November 3rd. Ifs Securities initiated coverage on shares of Wayfair in a research report on Friday, September 1st. They set an “outperform” rating and a $85.00 price objective for the company. Stifel Nicolaus raised shares of Wayfair from a “hold” rating to a “buy” rating and upped their price objective for the stock from $75.00 to $78.00 in a research report on Friday, August 25th. Cowen reaffirmed a “buy” rating and set a $72.00 price objective (down previously from $82.00) on shares of Wayfair in a research report on Wednesday, November 1st. Finally, Robert W. Baird reaffirmed a “hold” rating and set a $73.00 price objective on shares of Wayfair in a research report on Thursday, September 28th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and sixteen have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $76.01.

Several hedge funds have recently bought and sold shares of W. Utah Retirement Systems bought a new position in Wayfair in the 2nd quarter valued at approximately $539,000. Old Mutual Global Investors UK Ltd. bought a new position in Wayfair in the 2nd quarter valued at approximately $738,000. Baillie Gifford & Co. raised its holdings in Wayfair by 5.7% in the 2nd quarter. Baillie Gifford & Co. now owns 1,914,674 shares of the company’s stock valued at $147,200,000 after buying an additional 102,460 shares during the last quarter. Maverick Capital Ltd. bought a new position in Wayfair in the 2nd quarter valued at approximately $4,015,000. Finally, State of Wisconsin Investment Board bought a new position in Wayfair in the 2nd quarter valued at approximately $588,000. 66.97% of the stock is owned by hedge funds and other institutional investors.

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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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