Wayfair Inc. (NYSE:W) insider Edmond Macri sold 600 shares of the company’s stock in a transaction on Tuesday, November 8th. The stock was sold at an average price of $29.25, for a total value of $17,550.00. Following the sale, the insider now owns 2,763 shares of the company’s stock, valued at approximately $80,817.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Tuesday, November 1st, Edmond Macri sold 837 shares of Wayfair stock. The stock was sold at an average price of $33.21, for a total value of $27,796.77.
  • On Tuesday, October 25th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $36.58, for a total value of $21,948.00.
  • On Tuesday, October 18th, Edmond Macri sold 1,552 shares of Wayfair stock. The stock was sold at an average price of $35.63, for a total value of $55,297.76.
  • On Tuesday, October 11th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $37.27, for a total value of $22,362.00.
  • On Tuesday, October 4th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $38.80, for a total value of $23,280.00.
  • On Tuesday, September 27th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $41.40, for a total value of $24,840.00.
  • On Tuesday, September 20th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $41.66, for a total value of $24,996.00.
  • On Thursday, September 15th, Edmond Macri sold 3,905 shares of Wayfair stock. The shares were sold at an average price of $39.58, for a total value of $154,559.90.
  • On Tuesday, September 13th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $38.27, for a total value of $22,962.00.
  • On Tuesday, September 6th, Edmond Macri sold 835 shares of Wayfair stock. The shares were sold at an average price of $39.08, for a total value of $32,631.80.

Wayfair Inc. (NYSE:W) opened at 35.71 on Monday. The stock’s market capitalization is $3.05 billion. The company has a 50-day moving average of $36.33 and a 200-day moving average of $39.00. Wayfair Inc. has a 52 week low of $27.60 and a 52 week high of $50.00.

Wayfair (NYSE:W) last announced its earnings results on Tuesday, November 8th. The company reported ($0.54) EPS for the quarter, beating analysts’ consensus estimates of ($0.59) by $0.05. Wayfair had a negative net margin of 5.29% and a negative return on equity of 91.94%. The business earned $861.50 million during the quarter, compared to analysts’ expectations of $849.42 million. During the same period in the prior year, the company earned ($0.13) earnings per share. The business’s revenue was up 45.0% compared to the same quarter last year. Analysts anticipate that Wayfair Inc. will post ($1.84) earnings per share for the current year.

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

Several large investors have recently made changes to their positions in the stock. Pacer Advisors Inc. raised its position in shares of Wayfair by 9.2% in the third quarter. Pacer Advisors Inc. now owns 2,562 shares of the company’s stock worth $101,000 after buying an additional 216 shares during the period. BNP Paribas Arbitrage SA raised its position in shares of 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 during the period. BlackRock Inc. raised its position in shares of 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 during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. purchased a new position in shares of Wayfair during the second quarter worth about $107,000. Finally, Legal & General Group Plc raised its position in shares of 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 during the period. 71.49% of the stock is owned by institutional investors and hedge funds.

A number of brokerages recently issued reports on W. Bank of America Corp. lowered Wayfair from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $54.00 to $45.00 in a research note on Wednesday, August 10th. Vetr upgraded Wayfair from a “buy” rating to a “strong-buy” rating and set a $42.28 target price for the company in a research note on Thursday, August 18th. Maxim Group set a $49.00 target price on Wayfair and gave the stock a “buy” rating in a research note on Tuesday, August 9th. Zacks Investment Research upgraded Wayfair from a “sell” rating to a “hold” rating in a research note on Wednesday, August 24th. Finally, KeyCorp restated a “hold” rating on shares of Wayfair in a research note on Tuesday, November 8th. One equities 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 given a strong buy rating to the company’s stock. Wayfair currently has a consensus rating of “Hold” and a consensus price target of $51.15.

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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