Wayfair Inc. (NYSE:W) CTO John Champlin Mulliken sold 700 shares of the business’s stock in a transaction on Wednesday, July 26th. The stock was sold at an average price of $80.07, for a total transaction of $56,049.00. Following the completion of the sale, the chief technology officer now owns 191,456 shares of the company’s stock, valued at $15,329,881.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

John Champlin Mulliken also recently made the following trade(s):

  • On Friday, August 4th, John Champlin Mulliken sold 3,700 shares of Wayfair stock. The stock was sold at an average price of $78.95, for a total transaction of $292,115.00.
  • On Tuesday, August 1st, John Champlin Mulliken sold 241 shares of Wayfair stock. The stock was sold at an average price of $76.75, for a total transaction of $18,496.75.
  • On Thursday, July 27th, John Champlin Mulliken sold 1,000 shares of Wayfair stock. The stock was sold at an average price of $79.96, for a total transaction of $79,960.00.
  • On Thursday, July 20th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $75.71, for a total transaction of $52,997.00.
  • On Monday, July 17th, John Champlin Mulliken sold 971 shares of Wayfair stock. The shares were sold at an average price of $76.57, for a total transaction of $74,349.47.
  • On Thursday, July 13th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $76.62, for a total transaction of $53,634.00.
  • On Thursday, July 6th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $75.19, for a total transaction of $52,633.00.
  • On Thursday, June 29th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $74.79, for a total transaction of $52,353.00.
  • On Thursday, June 22nd, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $75.40, for a total transaction of $52,780.00.
  • On Friday, June 16th, John Champlin Mulliken sold 9,564 shares of Wayfair stock. The shares were sold at an average price of $72.65, for a total transaction of $694,824.60.

Shares of Wayfair Inc. (W) opened at 80.57 on Tuesday. The firm’s market capitalization is $6.98 billion. The stock’s 50 day moving average price is $75.55 and its 200-day moving average price is $54.28. Wayfair Inc. has a 52 week low of $27.60 and a 52 week high of $82.19.

Wayfair (NYSE:W) last announced its quarterly earnings data on Tuesday, May 9th. The company reported ($0.48) EPS for the quarter, beating the consensus estimate of ($0.80) by $0.32. The firm had revenue of $960.80 million for the quarter, compared to analyst estimates of $934.84 million. Wayfair had a negative return on equity of 215.36% and a negative net margin of 5.84%. The company’s revenue was up 28.6% on a year-over-year basis. During the same period in the prior year, the company earned ($0.36) EPS. Equities analysts predict that Wayfair Inc. will post ($1.55) earnings per share for the current year.

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Several institutional investors have recently made changes to their positions in the stock. State Board of Administration of Florida Retirement System raised its position in shares of Wayfair by 1.0% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 14,060 shares of the company’s stock valued at $493,000 after buying an additional 140 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its position in shares of Wayfair by 9.6% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 2,820 shares of the company’s stock valued at $114,000 after buying an additional 247 shares during the period. First Personal Financial Services raised its position in shares of Wayfair by 12.8% in the second quarter. First Personal Financial Services now owns 2,792 shares of the company’s stock valued at $215,000 after buying an additional 317 shares during the period. BNP Paribas Arbitrage SA raised its position in shares of Wayfair by 96.2% in the second quarter. BNP Paribas Arbitrage SA now owns 1,360 shares of the company’s stock valued at $105,000 after buying an additional 667 shares during the period. Finally, Nationwide Fund Advisors raised its position in shares of Wayfair by 2.1% in the first quarter. Nationwide Fund Advisors now owns 33,721 shares of the company’s stock valued at $1,365,000 after buying an additional 709 shares during the period.

A number of research firms recently issued reports on W. Zacks Investment Research raised Wayfair from a “hold” rating to a “buy” rating and set a $50.00 target price for the company in a research note on Thursday, April 27th. Bank of America Corporation raised Wayfair from a “neutral” rating to a “buy” rating and increased their price objective for the company from $44.00 to $75.00 in a report on Tuesday, May 9th. Oppenheimer Holdings, Inc. raised Wayfair from a “market perform” rating to an “outperform” rating and set a $80.00 price target for the company in a report on Friday, June 2nd. Gordon Haskett downgraded Wayfair from a “buy” rating to an “accumulate” rating and lifted their target price for the stock from $70.00 to $85.00 in a report on Tuesday, June 27th. Finally, Goldman Sachs Group, Inc. (The) raised their price target on Wayfair from $37.00 to $55.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 10th. Ten equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $63.22.

About Wayfair

Wayfair Inc (Wayfair) offers browsing, merchandising and product discovery for a range of products from various suppliers. The Company operates through two segments: U.S. and International. The U.S. segment consists of amounts earned through product sales through the Company’s five sites in the United States and through sites operated by third parties in the United States.

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

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