Wayfair Inc. (NYSE:W) insider Edmond Macri sold 600 shares of the business’s stock in a transaction that occurred on Tuesday, November 22nd. The shares were sold at an average price of $33.27, for a total value of $19,962.00. Following the completion of the sale, the insider now owns 3,760 shares in the company, valued at approximately $125,095.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

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

  • On Tuesday, November 15th, Edmond Macri sold 1,603 shares of Wayfair stock. The stock was sold at an average price of $36.00, for a total value of $57,708.00.
  • On Tuesday, November 8th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $29.25, for a total value of $17,550.00.
  • 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $39.58, for a total value of $154,559.90.

Shares of Wayfair Inc. (NYSE:W) traded up 3.93% during mid-day trading on Tuesday, hitting $34.92. The company had a trading volume of 1,351,991 shares. The company’s 50-day moving average is $35.45 and its 200 day moving average is $38.95. Wayfair Inc. has a one year low of $27.60 and a one year high of $50.00. The company’s market capitalization is $2.99 billion.

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

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

A number of research analysts recently weighed in on W shares. Zacks Investment Research raised Wayfair from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a report on Thursday, August 11th. Oppenheimer Holdings Inc. reissued a “sector perform” rating on shares of Wayfair in a report on Sunday, August 14th. KeyCorp reissued a “hold” rating on shares of Wayfair in a report on Tuesday, November 8th. Vetr raised Wayfair from a “buy” rating to a “strong-buy” rating and set a $42.28 target price on the stock in a report on Thursday, August 18th. Finally, Wedbush decreased their target price on Wayfair from $60.00 to $55.00 and set an “outperform” rating on the stock in a report on Wednesday, August 10th. Fourteen equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $51.15.

A number of hedge funds have recently modified their holdings of the company. FMR LLC raised its stake in shares of Wayfair by 2.5% in the second quarter. FMR LLC now owns 7,093,073 shares of the company’s stock worth $276,630,000 after buying an additional 169,776 shares during the period. Vanguard Group Inc. raised its stake in shares of Wayfair by 9.9% in the second quarter. Vanguard Group Inc. now owns 2,113,511 shares of the company’s stock valued at $82,427,000 after buying an additional 190,273 shares during the last quarter. Baillie Gifford & Co. raised its stake in shares of Wayfair by 134.8% in the second quarter. Baillie Gifford & Co. now owns 1,509,644 shares of the company’s stock valued at $58,876,000 after buying an additional 866,829 shares during the last quarter. Lord Abbett & CO. LLC raised its stake in shares of Wayfair by 0.7% in the second quarter. Lord Abbett & CO. LLC now owns 1,394,795 shares of the company’s stock valued at $54,397,000 after buying an additional 10,074 shares during the last quarter. Finally, Jennison Associates LLC raised its stake in shares of Wayfair by 1.0% in the third quarter. Jennison Associates LLC now owns 1,328,692 shares of the company’s stock valued at $52,311,000 after buying an additional 13,405 shares during the last quarter. Institutional investors and hedge funds own 70.75% of the company’s stock.

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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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