Wayfair Inc. (NYSE:W) SVP Steve Oblak sold 770 shares of the business’s stock in a transaction on Tuesday, November 15th. The shares were sold at an average price of $35.76, for a total value of $27,535.20. Following the sale, the senior vice president now owns 96,875 shares in the company, valued at $3,464,250. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Steve Oblak also recently made the following trade(s):

  • On Monday, October 31st, Steve Oblak sold 375 shares of Wayfair stock. The shares were sold at an average price of $33.30, for a total value of $12,487.50.
  • On Tuesday, November 1st, Steve Oblak sold 1,002 shares of Wayfair stock. The shares were sold at an average price of $33.33, for a total value of $33,396.66.
  • On Monday, October 3rd, Steve Oblak sold 1,020 shares of Wayfair stock. The shares were sold at an average price of $38.70, for a total value of $39,474.00.
  • On Monday, September 19th, Steve Oblak sold 2,520 shares of Wayfair stock. The shares were sold at an average price of $40.06, for a total value of $100,951.20.
  • On Tuesday, September 6th, Steve Oblak sold 1,125 shares of Wayfair stock. The shares were sold at an average price of $39.22, for a total value of $44,122.50.
  • On Monday, August 22nd, Steve Oblak sold 375 shares of Wayfair stock. The shares were sold at an average price of $38.10, for a total value of $14,287.50.

Wayfair Inc. (NYSE:W) traded down 0.35% during midday trading on Wednesday, reaching $36.68. The company’s stock had a trading volume of 785,968 shares. The company’s 50-day moving average is $36.04 and its 200 day moving average is $38.99. The firm’s market cap is $3.14 billion. Wayfair Inc. has a 12-month low of $27.60 and a 12-month high of $50.00.

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

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

Large investors have recently bought and sold shares of the stock. Pacer Advisors Inc. boosted its stake in shares of 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. Wedbush Securities Inc. boosted its stake in shares of Wayfair by 2.9% in the third quarter. Wedbush Securities Inc. now owns 10,672 shares of the company’s stock valued at $420,000 after buying an additional 300 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of 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 last quarter. BlackRock Inc. boosted its stake in shares of Wayfair by 17.3% in the third quarter. BlackRock Inc. now owns 3,153 shares of the company’s stock valued at $124,000 after buying an additional 464 shares during the last quarter. Finally, Teachers Advisors Inc. boosted its stake 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. 71.49% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages have weighed in on W. Bank of America Corp. lowered Wayfair from a “buy” rating to a “neutral” rating and decreased 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 on the stock 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 given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $51.15.

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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