Insider Selling: Wayfair Inc (W) Insider Sells 796 Shares of Stock

Wayfair Inc (NYSE:W) insider Edmond Macri sold 796 shares of the firm’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $79.87, for a total value of $63,576.52. Following the completion of the sale, the insider now owns 1,000 shares in the company, valued at $79,870. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Edmond Macri also recently made the following trade(s):

  • On Tuesday, December 26th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $80.36, for a total value of $48,216.00.
  • On Friday, December 15th, Edmond Macri sold 5,043 shares of Wayfair stock. The shares were sold at an average price of $76.50, for a total value of $385,789.50.
  • On Tuesday, December 12th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $73.84, for a total value of $44,304.00.
  • On Tuesday, November 28th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $68.80, for a total value of $41,280.00.
  • On Tuesday, November 7th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $64.17, for a total value of $38,502.00.
  • On Tuesday, October 31st, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $69.49, for a total value of $41,694.00.
  • On Tuesday, October 24th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $66.69, for a total value of $40,014.00.
  • On Tuesday, October 17th, Edmond Macri sold 1,571 shares of Wayfair stock. The shares were sold at an average price of $70.03, for a total value of $110,017.13.
  • On Tuesday, October 10th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $65.76, for a total value of $39,456.00.

Wayfair Inc (W) traded down $2.57 during trading hours on Wednesday, reaching $78.45. The company had a trading volume of 2,693,881 shares, compared to its average volume of 2,369,600. The firm has a market capitalization of $6,890.00, a price-to-earnings ratio of -31.51 and a beta of 0.96. Wayfair Inc has a 1 year low of $35.11 and a 1 year high of $84.19. 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 (NYSE:W) last released its earnings results on Thursday, November 2nd. The company reported ($0.65) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.68) by $0.03. The firm had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.21 billion. Wayfair had a negative return on equity of 658.45% and a negative net margin of 5.06%. Wayfair’s revenue was up 39.1% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.54) earnings per share. equities analysts anticipate that Wayfair Inc will post -2.64 earnings per share for the current fiscal year.

A number of equities research analysts have issued reports on W shares. KeyCorp reiterated a “hold” rating on shares of Wayfair in a research note on Friday, September 29th. Piper Jaffray Companies restated a “buy” rating and set a $89.00 price objective on shares of Wayfair in a research note on Friday, September 8th. Wedbush restated an “outperform” rating on shares of Wayfair in a research note on Wednesday, December 27th. Moffett Nathanson began coverage on shares of Wayfair in a research note on Monday, December 4th. They set a “buy” rating on the stock. Finally, Bank of America cut shares of Wayfair from a “buy” rating to a “neutral” rating and set a $88.00 price objective on the stock. in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and fifteen have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $76.90.

Large investors have recently added to or reduced their stakes in the stock. BNP Paribas Arbitrage SA increased its stake in Wayfair by 96.2% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 1,360 shares of the company’s stock worth $105,000 after purchasing an additional 667 shares in the last quarter. Delta Asset Management LLC TN increased its stake in Wayfair by 375.0% in the 3rd quarter. Delta Asset Management LLC TN now owns 1,900 shares of the company’s stock worth $128,000 after purchasing an additional 1,500 shares in the last quarter. Advisors Asset Management Inc. increased its stake in Wayfair by 1,512.5% in the 3rd quarter. Advisors Asset Management Inc. now owns 2,322 shares of the company’s stock worth $157,000 after purchasing an additional 2,178 shares in the last quarter. Mohican Financial Management LLC purchased a new position in Wayfair in the 3rd quarter worth about $194,000. Finally, Aperio Group LLC purchased a new position in Wayfair in the 2nd quarter worth about $217,000. 66.73% of the stock is currently 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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