Wayfair Inc (W) CTO Sells $14,029.05 in Stock

Wayfair Inc (NYSE:W) CTO John Champlin Mulliken sold 155 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $90.51, for a total value of $14,029.05. Following the sale, the chief technology officer now owns 7,214 shares in the company, valued at approximately $652,939.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

  • On Monday, January 22nd, John Champlin Mulliken sold 5,000 shares of Wayfair stock. The shares were sold at an average price of $90.08, for a total value of $450,400.00.
  • On Tuesday, January 16th, John Champlin Mulliken sold 710 shares of Wayfair stock. The shares were sold at an average price of $86.48, for a total value of $61,400.80.
  • On Tuesday, January 2nd, John Champlin Mulliken sold 196 shares of Wayfair stock. The shares were sold at an average price of $79.84, for a total value of $15,648.64.
  • On Thursday, December 28th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $80.86, for a total value of $56,602.00.
  • On Thursday, December 21st, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $78.91, for a total value of $55,237.00.
  • On Friday, December 15th, John Champlin Mulliken sold 4,809 shares of Wayfair stock. The stock was sold at an average price of $76.40, for a total value of $367,407.60.
  • On Thursday, December 7th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $74.08, for a total value of $51,856.00.
  • On Thursday, November 30th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $67.99, for a total value of $47,593.00.
  • On Friday, November 24th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $68.19, for a total value of $47,733.00.
  • On Wednesday, November 15th, John Champlin Mulliken sold 990 shares of Wayfair stock. The stock was sold at an average price of $63.53, for a total value of $62,894.70.

Wayfair Inc (NYSE W) traded down $1.51 on Monday, reaching $89.27. The company had a trading volume of 1,620,000 shares, compared to its average volume of 1,300,000. Wayfair Inc has a 12-month low of $35.36 and a 12-month high of $94.95. The company has a current ratio of 1.19, a quick ratio of 1.17 and a debt-to-equity ratio of 135.98. The firm has a market cap of $7,840.00, a PE ratio of -35.85 and a beta of 1.05.

Wayfair (NYSE:W) last posted its earnings results on Thursday, November 2nd. The company reported ($0.65) EPS for the quarter, beating the consensus estimate of ($0.68) by $0.03. The firm had revenue of $1.20 billion for 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 was up 39.1% compared to the same quarter last year. During the same period last year, the firm earned ($0.54) EPS. equities analysts predict that Wayfair Inc will post -2.78 EPS for the current fiscal year.

A number of brokerages have recently weighed in on W. Citigroup dropped their price target on Wayfair from $80.00 to $66.00 and set a “buy” rating on the stock in a research report on Friday, November 3rd. Wedbush dropped their price target on Wayfair from $82.00 to $72.00 and set an “outperform” rating on the stock in a research report on Friday, November 3rd. DA Davidson reiterated a “hold” rating and set a $60.00 price target on shares of Wayfair in a research report on Friday, November 3rd. Robert W. Baird dropped their price target on Wayfair from $73.00 to $65.00 and set a “neutral” rating on the stock in a research report on Friday, November 3rd. Finally, MKM Partners assumed coverage on Wayfair in a research report on Wednesday, October 18th. They set a “buy” rating and a $85.00 price target on the stock. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and twelve have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $79.22.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Wayfair by 52.9% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,803 shares of the company’s stock valued at $145,000 after purchasing an additional 624 shares in the last quarter. State Board of Administration of Florida Retirement System boosted its stake in Wayfair by 1.6% during the 3rd quarter. State Board of Administration of Florida Retirement System now owns 51,345 shares of the company’s stock valued at $3,461,000 after purchasing an additional 800 shares in the last quarter. DF Dent & Co. Inc. boosted its stake in Wayfair by 19.1% during the 3rd quarter. DF Dent & Co. Inc. now owns 8,391 shares of the company’s stock valued at $566,000 after purchasing an additional 1,343 shares in the last quarter. Delta Asset Management LLC TN boosted its stake in Wayfair by 375.0% during the 3rd quarter. Delta Asset Management LLC TN now owns 1,900 shares of the company’s stock valued at $128,000 after purchasing an additional 1,500 shares in the last quarter. Finally, Aperio Group LLC boosted its stake in Wayfair by 59.6% during the 3rd quarter. Aperio Group LLC now owns 4,516 shares of the company’s stock valued at $304,000 after purchasing an additional 1,687 shares in the last quarter. 66.89% 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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