Wayfair Inc. (NYSE:W) insider Edmond Macri sold 600 shares of the stock in a transaction that occurred on Tuesday, November 29th. The stock was sold at an average price of $34.16, for a total value of $20,496.00. Following the sale, the insider now directly owns 3,760 shares of the company’s stock, valued at $128,441.60. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

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

  • On Tuesday, November 22nd, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $33.27, for a total transaction of $19,962.00.
  • On Tuesday, November 15th, Edmond Macri sold 1,603 shares of Wayfair stock. The shares were sold at an average price of $36.00, for a total transaction of $57,708.00.
  • On Tuesday, November 8th, Edmond Macri sold 600 shares of Wayfair stock. The shares were 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 shares were 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 shares were 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 shares were 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.

Wayfair Inc. (NYSE:W) opened at 36.45 on Thursday. Wayfair Inc. has a 52-week low of $27.60 and a 52-week high of $50.00. The company’s market cap is $3.12 billion. The firm has a 50-day moving average price of $34.91 and a 200-day moving average price of $38.86.

Wayfair (NYSE:W) last announced its quarterly earnings data on Tuesday, November 8th. The company reported ($0.54) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.59) by $0.05. The firm earned $861.50 million during the quarter, compared to the consensus estimate 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 revenue for the quarter was up 45.0% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.13) EPS. On average, analysts forecast that Wayfair Inc. will post ($1.84) EPS for the current year.

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

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W has been the subject of several research reports. Goldman Sachs Group Inc. downgraded Wayfair from a “buy” rating to a “neutral” rating and cut their price target for the company from $46.00 to $43.00 in a report on Wednesday, August 10th. Veritas Investment Research reissued a “hold” rating on shares of Wayfair in a report on Friday, August 5th. Zacks Investment Research downgraded Wayfair from a “buy” rating to a “sell” rating in a report on Saturday, August 13th. Pacific Crest reissued an “equal weight” rating on shares of Wayfair in a report on Sunday, August 14th. Finally, Vetr downgraded Wayfair from a “strong-buy” rating to a “buy” rating and set a $42.28 target price for the company. in a report on Friday, August 12th. Fourteen research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. Wayfair presently has an average rating of “Hold” and an average target price of $50.15.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Pacer Advisors Inc. increased its position in 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 boosted its stake 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. boosted its stake 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. bought a new stake in shares of Wayfair during the second quarter worth about $107,000. Finally, Legal & General Group Plc boosted its stake 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. Institutional investors own 71.63% of the company’s stock.

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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