Wayfair Inc. (NYSE:W) insider Edmond Macri sold 1,552 shares of the company’s stock in a transaction that occurred on Tuesday, October 18th. The stock was sold at an average price of $35.63, for a total transaction of $55,297.76. Following the sale, the insider now directly owns 8,488 shares of the company’s stock, valued at approximately $302,427.44. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

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

  • On Tuesday, October 11th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $37.27, for a total transaction of $22,362.00.
  • 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 shares were 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 shares were sold at an average price of $39.12, for a total transaction of $59,970.96.

Wayfair Inc. (NYSE:W) opened at 36.42 on Wednesday. Wayfair Inc. has a 1-year low of $28.85 and a 1-year high of $50.00. The company’s market capitalization is $3.10 billion. The firm has a 50 day moving average of $39.26 and a 200-day moving average of $39.88.

Wayfair (NYSE:W) last announced its quarterly earnings data on Tuesday, August 9th. The company reported ($0.43) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.41) by $0.02. The business earned $755.70 million during the quarter, compared to the consensus estimate of $782.43 million. Wayfair had a negative return on equity of 56.95% and a negative net margin of 4.20%. The company’s revenue was up 60.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.15) earnings per share. On average, equities research analysts anticipate 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)

Several hedge funds and other institutional investors have recently modified their holdings of the company. TIAA CREF Investment Management LLC increased its position in shares of Wayfair by 27.0% in the first quarter. TIAA CREF Investment Management LLC now owns 144,046 shares of the company’s stock valued at $6,226,000 after buying an additional 30,651 shares during the last quarter. Teachers Advisors Inc. increased its position in shares of Wayfair by 2.3% in the first quarter. Teachers Advisors Inc. now owns 30,241 shares of the company’s stock valued at $1,307,000 after buying an additional 691 shares during the last quarter. BlackRock Institutional Trust Company N.A. increased its position in shares of Wayfair by 4.8% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 555,160 shares of the company’s stock valued at $23,994,000 after buying an additional 25,347 shares during the last quarter. Quadrature Capital Ltd purchased a new position in shares of Wayfair during the first quarter valued at approximately $291,000. Finally, AXA purchased a new position in shares of Wayfair during the first quarter valued at approximately $3,631,000. 71.82% of the stock is currently owned by institutional investors.

Several equities analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Wayfair from a “hold” rating to a “buy” rating and set a $42.00 price target for the company in a research report on Thursday, August 11th. Oppenheimer Holdings Inc. restated a “sector perform” rating on shares of Wayfair in a research report on Sunday, August 14th. Vetr cut shares of Wayfair from a “strong-buy” rating to a “buy” rating and set a $46.67 price target for the company. in a research report on Wednesday, June 22nd. Cowen and Company restated a “buy” rating and issued a $61.00 price target on shares of Wayfair in a research report on Tuesday, June 21st. Finally, Wedbush decreased their price target on shares of Wayfair from $60.00 to $55.00 and set an “outperform” rating for the company in a research report on Wednesday, August 10th. Fourteen equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. Wayfair has an average rating of “Hold” and an average price target of $51.42.

About Wayfair

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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