Wayfair Inc. (NYSE:W) insider Edmond Macri sold 600 shares of the business’s stock in a transaction dated Tuesday, October 11th. The stock was sold at an average price of $37.27, for a total transaction of $22,362.00. Following the sale, the insider now directly owns 6,488 shares in the company, valued at approximately $241,807.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

  • On Tuesday, October 4th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $38.80, for a total transaction of $23,280.00.
  • On Tuesday, September 27th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $41.40, for a total transaction of $24,840.00.
  • On Tuesday, September 20th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $41.66, for a total transaction of $24,996.00.
  • On Thursday, September 15th, Edmond Macri sold 3,905 shares of Wayfair stock. The stock was sold at an average price of $39.58, for a total transaction of $154,559.90.
  • On Tuesday, September 13th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $38.27, for a total transaction of $22,962.00.
  • On Tuesday, September 6th, Edmond Macri sold 835 shares of Wayfair stock. The stock was sold at an average price of $39.08, for a total transaction of $32,631.80.
  • On Tuesday, August 30th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $38.26, for a total transaction of $22,956.00.
  • On Tuesday, August 23rd, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $38.20, for a total transaction of $22,920.00.
  • On Tuesday, August 16th, Edmond Macri sold 1,533 shares of Wayfair stock. The stock was sold at an average price of $39.12, for a total transaction of $59,970.96.
  • On Tuesday, August 9th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $41.94, for a total transaction of $25,164.00.

Wayfair Inc. (NYSE:W) opened at 35.43 on Monday. Wayfair Inc. has a 12 month low of $28.85 and a 12 month high of $50.00. The company’s market cap is $3.01 billion. The company’s 50 day moving average is $39.41 and its 200-day moving average is $40.01.

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

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

A number of institutional investors have recently bought and sold shares of W. BNP Paribas Arbitrage SA raised its position in Wayfair by 112.9% in the third quarter. BNP Paribas Arbitrage SA now owns 2,629 shares of the company’s stock worth $104,000 after buying an additional 1,394 shares in the last quarter. BlackRock Inc. raised its position in Wayfair by 70.0% in the second quarter. BlackRock Inc. now owns 2,689 shares of the company’s stock worth $105,000 after buying an additional 1,107 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. acquired a new position in Wayfair during the second quarter worth about $107,000. Legal & General Group Plc raised its position in Wayfair by 28.8% in the second quarter. Legal & General Group Plc now owns 3,810 shares of the company’s stock worth $149,000 after buying an additional 853 shares in the last quarter. Finally, Teacher Retirement System of Texas raised its position in Wayfair by 42.4% in the second quarter. Teacher Retirement System of Texas now owns 3,905 shares of the company’s stock worth $152,000 after buying an additional 1,163 shares in the last quarter. 71.82% of the stock is owned by institutional investors.

Several research analysts have recently weighed in on the stock. Cowen and Company reissued a “buy” rating and set a $61.00 price objective on shares of Wayfair in a report on Tuesday, June 21st. Vetr cut shares of Wayfair from a “strong-buy” rating to a “buy” rating and set a $46.67 price objective for the company. in a report on Wednesday, June 22nd. Zacks Investment Research raised shares of Wayfair from a “sell” rating to a “hold” rating in a report on Saturday, July 9th. Veritas Investment Research reissued a “hold” rating on shares of Wayfair in a report on Friday, August 5th. Finally, Maxim Group set a $49.00 price objective on shares of Wayfair and gave the company a “buy” rating in a report on Tuesday, August 9th. Fourteen analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Wayfair has a consensus rating of “Hold” and a consensus 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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