Wayfair Inc. (NYSE:W) COO James Savarese sold 500 shares of Wayfair stock in a transaction on Wednesday, November 23rd. The stock was sold at an average price of $35.12, for a total transaction of $17,560.00. Following the sale, the chief operating officer now owns 604,210 shares of the company’s stock, valued at $21,219,855.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Wednesday, November 16th, James Savarese sold 1,682 shares of Wayfair stock. The stock was sold at an average price of $36.24, for a total transaction of $60,955.68.
  • On Wednesday, November 9th, James Savarese sold 500 shares of Wayfair stock. The stock was sold at an average price of $31.72, for a total transaction of $15,860.00.
  • On Wednesday, November 2nd, James Savarese sold 500 shares of Wayfair stock. The stock was 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 stock was 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 stock was 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.

Shares of Wayfair Inc. (NYSE:W) opened at 34.03 on Tuesday. The stock’s 50 day moving average is $34.91 and its 200-day moving average is $38.86. The stock’s market cap is $2.91 billion. Wayfair Inc. has a 1-year low of $27.60 and a 1-year high of $50.00.

Wayfair (NYSE:W) last issued its quarterly earnings data on Tuesday, November 8th. The company reported ($0.54) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate 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 company had revenue of $861.50 million for the quarter, compared to the consensus estimate of $849.42 million. During the same period last year, the firm posted ($0.13) EPS. Wayfair’s revenue for the quarter was up 45.0% on a year-over-year basis. On average, analysts predict that Wayfair Inc. will post ($1.84) EPS for the current fiscal year.

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

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Hedge funds and other institutional investors have recently modified their holdings of the company. Pacer Advisors Inc. increased 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 valued at $101,000 after buying an additional 216 shares during the last quarter. BNP Paribas Arbitrage SA increased 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 valued at $104,000 after buying an additional 1,394 shares during the last quarter. BlackRock Inc. increased 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 valued at $105,000 after buying an additional 1,107 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. acquired a new position in shares of Wayfair during the second quarter valued at about $107,000. Finally, Legal & General Group Plc increased 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 valued at $149,000 after buying an additional 853 shares during the last quarter. 71.63% of the stock is currently owned by institutional investors.

W has been the subject of several research reports. Maxim Group set a $49.00 price objective on shares of Wayfair and gave the stock a “buy” rating in a research note on Tuesday, August 9th. Vetr downgraded shares of Wayfair from a “strong-buy” rating to a “buy” rating and set a $42.28 target price for the company. in a research report on Friday, August 12th. Zacks Investment Research upgraded shares of Wayfair from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a research report on Thursday, August 11th. Canaccord Genuity restated a “buy” rating and set a $55.00 target price on shares of Wayfair in a research report on Tuesday, October 4th. Finally, Pacific Crest restated an “equal weight” rating on shares of Wayfair in a research report on Sunday, August 14th. Fourteen equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. Wayfair currently has an average rating of “Hold” and an average target price 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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