Insider Selling: Wayfair Inc (W) Insider Sells 600 Shares of Stock

Wayfair Inc (NYSE:W) insider Edmond Macri sold 600 shares of Wayfair stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $92.88, for a total transaction of $55,728.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

  • On Thursday, February 1st, Edmond Macri sold 755 shares of Wayfair stock. The shares were sold at an average price of $92.53, for a total transaction of $69,860.15.
  • On Tuesday, January 23rd, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $88.24, for a total transaction of $52,944.00.
  • On Tuesday, January 16th, Edmond Macri sold 1,310 shares of Wayfair stock. The shares were sold at an average price of $86.63, for a total transaction of $113,485.30.
  • On Tuesday, January 9th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $81.89, for a total transaction of $49,134.00.
  • On Tuesday, January 2nd, Edmond Macri sold 796 shares of Wayfair stock. The shares were sold at an average price of $79.87, for a total transaction of $63,576.52.
  • 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 transaction 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 transaction 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 transaction 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 transaction of $41,280.00.

Wayfair Inc (W) traded up $4.52 during midday trading on Wednesday, hitting $97.07. The stock had a trading volume of 1,577,120 shares, compared to its average volume of 1,240,000. Wayfair Inc has a fifty-two week low of $35.36 and a fifty-two week high of $98.20. The company has a debt-to-equity ratio of 135.98, a quick ratio of 1.17 and a current ratio of 1.19. The stock has a market cap of $8,530.00, a price-to-earnings ratio of -38.98 and a beta of 1.05.

Several equities research analysts have issued reports on the stock. Zacks Investment Research raised shares of Wayfair from a “sell” rating to a “hold” rating in a research note on Saturday. Oppenheimer lifted their target price on shares of Wayfair to $105.00 and gave the stock an “outperform” rating in a research note on Friday, February 9th. Gordon Haskett cut shares of Wayfair from a “buy” rating to an “accumulate” rating in a research note on Wednesday, January 31st. MKM Partners set a $107.00 target price on shares of Wayfair and gave the stock a “buy” rating in a research note on Wednesday, January 24th. Finally, Stifel Nicolaus cut shares of Wayfair from a “buy” rating to a “hold” rating and lifted their target price for the stock from $82.00 to $90.00 in a research note on Monday, January 22nd. They noted that the move was a valuation call. Fourteen equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Wayfair presently has an average rating of “Hold” and an average price target of $80.11.

Several hedge funds and other institutional investors have recently bought and sold shares of W. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Wayfair by 52.9% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,803 shares of the company’s stock valued at $145,000 after buying an additional 624 shares during the period. Delta Asset Management LLC TN raised its holdings in Wayfair by 375.0% in the 3rd quarter. Delta Asset Management LLC TN now owns 1,900 shares of the company’s stock valued at $128,000 after buying an additional 1,500 shares during the period. Advisors Asset Management Inc. raised its holdings in Wayfair by 1,512.5% in the 3rd quarter. Advisors Asset Management Inc. now owns 2,322 shares of the company’s stock valued at $157,000 after buying an additional 2,178 shares during the period. Tower Research Capital LLC TRC raised its holdings in Wayfair by 78.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,403 shares of the company’s stock valued at $193,000 after buying an additional 1,056 shares during the period. Finally, Kennedy Capital Management Inc. purchased a new stake in Wayfair in the 4th quarter valued at about $215,000. Institutional investors and hedge funds own 67.16% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This report was first published by American Banking News and is the property of of American Banking News. If you are viewing this report on another domain, it was illegally copied and reposted in violation of United States & international copyright legislation. The legal version of this report can be viewed at https://www.americanbankingnews.com/2018/02/14/insider-selling-wayfair-inc-w-insider-sells-600-shares-of-stock.html.

About Wayfair

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)

Receive News & Ratings for Wayfair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wayfair and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply