Wayfair Inc. (NYSE:W) COO James Savarese sold 500 shares of the stock in a transaction dated Wednesday, October 12th. The stock was sold at an average price of $36.30, for a total transaction of $18,150.00. Following the completion of the transaction, the chief operating officer now owns 604,577 shares of the company’s stock, valued at $21,946,145.10. The sale was disclosed in a document filed with the SEC, which is available through this link.

James Savarese also recently made the following trade(s):

  • On Wednesday, October 5th, James Savarese sold 500 shares of Wayfair stock. The stock was sold at an average price of $38.48, for a total transaction of $19,240.00.
  • On Wednesday, September 28th, James Savarese sold 500 shares of Wayfair stock. The stock was sold at an average price of $40.85, for a total transaction of $20,425.00.
  • On Wednesday, September 21st, James Savarese sold 500 shares of Wayfair stock. The stock was sold at an average price of $43.00, for a total transaction of $21,500.00.
  • On Thursday, September 15th, James Savarese sold 2,867 shares of Wayfair stock. The stock was sold at an average price of $39.55, for a total transaction of $113,389.85.
  • On Wednesday, September 14th, James Savarese sold 500 shares of Wayfair stock. The stock was sold at an average price of $38.73, for a total transaction of $19,365.00.
  • On Wednesday, September 7th, James Savarese sold 500 shares of Wayfair stock. The stock was sold at an average price of $40.28, for a total transaction of $20,140.00.
  • On Wednesday, August 31st, James Savarese sold 500 shares of Wayfair stock. The stock was sold at an average price of $38.40, for a total transaction of $19,200.00.
  • On Wednesday, August 24th, James Savarese sold 500 shares of Wayfair stock. The stock was sold at an average price of $38.18, for a total transaction of $19,090.00.
  • On Wednesday, August 17th, James Savarese sold 500 shares of Wayfair stock. The stock was sold at an average price of $37.80, for a total transaction of $18,900.00.
  • On Monday, August 15th, James Savarese sold 1,168 shares of Wayfair stock. The stock was sold at an average price of $39.40, for a total transaction of $46,019.20.

Wayfair Inc. (NYSE:W) opened at 36.47 on Friday. The stock’s market cap is $3.10 billion. The firm’s 50-day moving average is $39.49 and its 200 day moving average is $40.05. Wayfair Inc. has a one year low of $28.85 and a one year high of $50.00.

Wayfair (NYSE:W) last posted its quarterly earnings data on Tuesday, August 9th. The company reported ($0.43) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.41) by $0.02. Wayfair had a negative net margin of 4.20% and a negative return on equity of 56.95%. The company had revenue of $755.70 million for the quarter, compared to analyst estimates of $782.43 million. During the same quarter last year, the company earned ($0.15) EPS. The business’s revenue was up 60.0% compared to the same quarter last year. On average, analysts anticipate that Wayfair Inc. will post ($1.67) EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Wayfair (NYSE:W)

Several institutional investors have recently bought and sold shares of the stock. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. bought a new position in Wayfair during the second quarter valued at about $107,000. California State Teachers Retirement System increased its position in Wayfair by 55.5% in the second quarter. California State Teachers Retirement System now owns 66,142 shares of the company’s stock valued at $2,580,000 after buying an additional 23,610 shares during the period. Bank of New York Mellon Corp increased its position in Wayfair by 0.3% in the second quarter. Bank of New York Mellon Corp now owns 124,005 shares of the company’s stock valued at $4,836,000 after buying an additional 422 shares during the period. Capital Fund Management S.A. bought a new position in Wayfair during the second quarter valued at about $524,000. Finally, Calamos Advisors LLC increased its position in Wayfair by 20.1% in the second quarter. Calamos Advisors LLC now owns 15,898 shares of the company’s stock valued at $620,000 after buying an additional 2,662 shares during the period. Hedge funds and other institutional investors own 71.84% of the company’s stock.

W has been the subject of a number of analyst reports. Vetr upgraded shares of Wayfair from a “buy” rating to a “strong-buy” rating and set a $42.28 price objective for the company in a research note on Wednesday, September 14th. Zacks Investment Research lowered shares of Wayfair from a “hold” rating to a “sell” rating in a research note on Thursday, September 15th. Canaccord Genuity restated a “buy” rating and set a $55.00 price objective on shares of Wayfair in a research note on Tuesday, October 4th. Goldman Sachs Group Inc. downgraded shares of Wayfair from a “buy” rating to a “neutral” rating and dropped their price target for the company from $46.00 to $43.00 in a report on Wednesday, August 10th. Finally, Pacific Crest reaffirmed an “equal weight” rating on shares of Wayfair in a report on Sunday, August 14th. Fourteen research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. Wayfair has an average rating of “Hold” and an average target price of $51.42.

Wayfair Company Profile

Wayfair Inc (Wayfair) offers browsing, merchandising, product discovery and prices for a range of products from suppliers across various brands, including Wayfair.com, Joss & Main, AllModern, DwellStudio and Birch Lane. The Company offers a range of furniture, home furnishings, decor and goods. Wayfair produces editorial content both in-house and through third parties.

5 Day Chart for NYSE:W

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