Wayfair Inc. (NYSE:W) SVP Steve Oblak sold 375 shares of the stock in a transaction dated Monday, November 28th. The shares were sold at an average price of $34.80, for a total value of $13,050.00. Following the completion of the transaction, the senior vice president now owns 96,938 shares of the company’s stock, valued at $3,373,442.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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

  • On Tuesday, November 15th, Steve Oblak sold 770 shares of Wayfair stock. The stock was sold at an average price of $35.76, for a total value of $27,535.20.
  • On Monday, October 31st, Steve Oblak sold 375 shares of Wayfair stock. The stock was 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $39.22, for a total value of $44,122.50.

Wayfair Inc. (NYSE:W) opened at 34.74 on Wednesday. The stock has a 50 day moving average price of $34.91 and a 200-day moving average price of $38.86. The stock’s market capitalization is $2.97 billion. Wayfair Inc. has a 12-month low of $27.60 and a 12-month 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 for the quarter, topping analysts’ consensus estimates of ($0.59) by $0.05. The business earned $861.50 million during the quarter, compared to the consensus estimate of $849.42 million. Wayfair had a negative net margin of 5.29% and a negative return on equity of 91.94%. The company’s revenue was up 45.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.13) earnings per share. On average, equities analysts anticipate that Wayfair Inc. will post ($1.84) earnings per share for the current fiscal year.

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

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in W. Credit Suisse AG increased its position in Wayfair by 450.0% in the third quarter. Credit Suisse AG now owns 157,898 shares of the company’s stock valued at $6,216,000 after buying an additional 129,187 shares during the period. DF Dent & Co. Inc. bought a new position in Wayfair during the third quarter valued at $483,000. Verition Fund Management LLC bought a new position in Wayfair during the third quarter valued at $206,000. Eaton Vance Management bought a new position in Wayfair during the third quarter valued at $921,000. Finally, Whale Rock Capital Management LLC increased its position in Wayfair by 4.9% in the third quarter. Whale Rock Capital Management LLC now owns 425,751 shares of the company’s stock valued at $16,762,000 after buying an additional 20,024 shares during the period. Hedge funds and other institutional investors own 71.63% of the company’s stock.

W has been the topic of a number of recent analyst reports. Veritas Investment Research reiterated a “hold” rating on shares of Wayfair in a report on Friday, August 5th. Maxim Group set a $49.00 price target on Wayfair and gave the stock a “buy” rating in a report on Tuesday, August 9th. Goldman Sachs Group Inc. lowered Wayfair from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $46.00 to $43.00 in a report on Wednesday, August 10th. Bank of America Corp. lowered Wayfair from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $54.00 to $45.00 in a report on Wednesday, August 10th. Finally, Wedbush dropped their price target on Wayfair from $60.00 to $55.00 and set an “outperform” rating on the stock in a report on Wednesday, August 10th. Fourteen 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 company currently has an average rating of “Hold” and a consensus price target of $50.15.

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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