Wayfair Inc (NYSE:W) CEO Niraj Shah sold 2,000 shares of the stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $92.11, for a total transaction of $184,220.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Niraj Shah also recently made the following trade(s):
- On Wednesday, January 24th, Niraj Shah sold 2,000 shares of Wayfair stock. The shares were sold at an average price of $92.03, for a total transaction of $184,060.00.
- On Tuesday, January 16th, Niraj Shah sold 906 shares of Wayfair stock. The shares were sold at an average price of $85.96, for a total transaction of $77,879.76.
- On Friday, December 15th, Niraj Shah sold 1,213 shares of Wayfair stock. The shares were sold at an average price of $76.35, for a total transaction of $92,612.55.
Shares of Wayfair Inc (NYSE W) traded up $4.52 during midday trading on Wednesday, reaching $97.07. 1,605,370 shares of the company’s stock were exchanged, compared to its average volume of 1,240,000. Wayfair Inc has a 52 week low of $35.36 and a 52 week high of $98.20. The company has a quick ratio of 1.17, a current ratio of 1.19 and a debt-to-equity ratio of 135.98. The firm has a market cap of $8,530.00, a P/E ratio of -38.98 and a beta of 1.05.
W has been the subject of a number of recent analyst reports. Wedbush reiterated an “outperform” rating on shares of Wayfair in a research report on Wednesday, December 27th. Moffett Nathanson initiated coverage on shares of Wayfair in a research report on Monday, December 4th. They issued a “buy” rating for the company. Bank of America lowered shares of Wayfair from a “buy” rating to a “neutral” rating and set a $88.00 target price for the company. in a research report on Wednesday, January 3rd. MKM Partners set a $107.00 target price on shares of Wayfair and gave the company a “buy” rating in a research report on Wednesday, January 24th. Finally, Piper Jaffray Companies reiterated a “buy” rating and issued a $89.00 target price on shares of Wayfair in a research report on Wednesday, December 13th. Fourteen equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Wayfair presently has an average rating of “Hold” and an average price target of $80.11.
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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.
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