Wayfair Inc. (NYSE:W) COO James Savarese sold 500 shares of the stock in a transaction on Wednesday, November 9th. The shares were sold at an average price of $31.72, for a total transaction of $15,860.00. Following the completion of the transaction, the chief operating officer now owns 603,892 shares of the company’s stock, valued at approximately $19,155,454.24. The sale was disclosed in a filing with the SEC, which is accessible through this link.

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

  • On Wednesday, November 2nd, James Savarese sold 500 shares of Wayfair stock. The shares were sold at an average price of $32.17, for a total transaction of $16,085.00.
  • On Wednesday, October 26th, James Savarese sold 500 shares of Wayfair stock. The shares were sold at an average price of $34.91, for a total transaction of $17,455.00.
  • On Wednesday, October 19th, James Savarese sold 500 shares of Wayfair stock. The shares were sold at an average price of $36.36, for a total transaction of $18,180.00.
  • On Monday, October 17th, James Savarese sold 1,185 shares of Wayfair stock. The stock was sold at an average price of $35.17, for a total transaction of $41,676.45.
  • On Wednesday, October 12th, James Savarese sold 500 shares of Wayfair stock. The stock was sold at an average price of $36.30, for a total transaction of $18,150.00.
  • 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.

Shares of Wayfair Inc. (NYSE:W) opened at 35.71 on Monday. Wayfair Inc. has a one year low of $27.60 and a one year high of $50.00. The firm’s 50-day moving average is $36.33 and its 200 day moving average is $39.00. The firm’s market capitalization is $3.05 billion.

Wayfair (NYSE:W) last released its earnings results on Tuesday, November 8th. The company reported ($0.54) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.59) by $0.05. Wayfair had a negative return on equity of 91.94% and a negative net margin of 5.29%. The firm had revenue of $861.50 million for the quarter, compared to analysts’ expectations of $849.42 million. During the same quarter in the previous year, the business posted ($0.13) earnings per share. The business’s revenue for the quarter was up 45.0% on a year-over-year basis. Equities research analysts predict that Wayfair Inc. will post ($1.84) earnings per share for the current year.

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

W has been the topic of a number of research analyst reports. Veritas Investment Research reissued a “hold” rating on shares of Wayfair in a report on Friday, August 5th. Maxim Group set a $49.00 price objective on shares of Wayfair and gave the stock a “buy” rating in a report on Tuesday, August 9th. Goldman Sachs Group Inc. lowered shares of Wayfair from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $46.00 to $43.00 in a report on Wednesday, August 10th. Bank of America Corp. lowered shares of Wayfair from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $54.00 to $45.00 in a report on Wednesday, August 10th. Finally, Wedbush decreased their price objective on shares of Wayfair from $60.00 to $55.00 and set an “outperform” rating on the stock in a report on Wednesday, August 10th. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Wayfair currently has a consensus rating of “Hold” and a consensus target price of $51.15.

Several hedge funds have recently added to or reduced their stakes in W. Allen Investment Management LLC boosted its stake in Wayfair by 150.0% in the third quarter. Allen Investment Management LLC now owns 500,000 shares of the company’s stock valued at $19,685,000 after buying an additional 300,000 shares during the period. Whittier Trust Co. purchased a new stake in Wayfair during the third quarter valued at $1,347,000. Pacer Advisors Inc. boosted its stake in Wayfair by 9.2% in the third quarter. Pacer Advisors Inc. now owns 2,562 shares of the company’s stock valued at $101,000 after buying an additional 216 shares during the period. Zevenbergen Capital Investments LLC boosted its stake in Wayfair by 9.7% in the third quarter. Zevenbergen Capital Investments LLC now owns 94,355 shares of the company’s stock valued at $3,715,000 after buying an additional 8,325 shares during the period. Finally, Northern Trust Corp boosted its stake in Wayfair by 1.0% in the third quarter. Northern Trust Corp now owns 341,383 shares of the company’s stock valued at $13,440,000 after buying an additional 3,365 shares during the period. Institutional investors own 71.49% of the company’s stock.

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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