Wayfair Inc. (NYSE:W) insider John Champlin Mulliken sold 5,575 shares of the firm’s stock in a transaction on Friday, September 15th. The shares were sold at an average price of $79.57, for a total value of $443,602.75. Following the transaction, the insider now directly owns 184,101 shares in the company, valued at $14,648,916.57. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • On Thursday, September 7th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $73.70, for a total value of $51,590.00.
  • On Friday, September 1st, John Champlin Mulliken sold 942 shares of Wayfair stock. The shares were sold at an average price of $70.19, for a total value of $66,118.98.
  • On Thursday, August 24th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $67.55, for a total value of $47,285.00.
  • On Thursday, August 17th, John Champlin Mulliken sold 1,672 shares of Wayfair stock. The shares were sold at an average price of $69.00, for a total value of $115,368.00.
  • On Thursday, August 10th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $70.23, for a total value of $49,161.00.
  • On Friday, August 4th, John Champlin Mulliken sold 3,700 shares of Wayfair stock. The shares were sold at an average price of $78.95, for a total value of $292,115.00.
  • On Tuesday, August 1st, John Champlin Mulliken sold 241 shares of Wayfair stock. The shares were sold at an average price of $76.75, for a total value of $18,496.75.
  • On Thursday, July 27th, John Champlin Mulliken sold 1,000 shares of Wayfair stock. The shares were sold at an average price of $79.96, for a total value of $79,960.00.
  • On Wednesday, July 26th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $80.07, for a total value of $56,049.00.
  • On Thursday, July 20th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $75.71, for a total value of $52,997.00.

Shares of Wayfair Inc. (NYSE:W) opened at 80.29 on Tuesday. The company has a 50-day moving average price of $73.24 and a 200 day moving average price of $61.89. The stock’s market capitalization is $7.00 billion. Wayfair Inc. has a 52 week low of $27.60 and a 52 week high of $83.36.

Wayfair (NYSE:W) last announced its quarterly earnings data on Tuesday, August 8th. The company reported ($0.26) EPS for the quarter, topping analysts’ consensus estimates of ($0.69) by $0.43. Wayfair had a negative return on equity of 335.44% and a negative net margin of 5.10%. The business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the previous year, the firm earned ($0.43) earnings per share. The firm’s quarterly revenue was up 42.7% compared to the same quarter last year. Analysts forecast that Wayfair Inc. will post ($1.45) earnings per share for the current fiscal year.

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Several institutional investors have recently made changes to their positions in W. BNP Paribas Arbitrage SA grew its stake in 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 acquiring an additional 667 shares during the period. UBS Group AG grew its stake in Wayfair by 55.5% in the first quarter. UBS Group AG now owns 2,690 shares of the company’s stock valued at $109,000 after acquiring an additional 960 shares during the period. Ameritas Investment Partners Inc. acquired a new position in Wayfair in the first quarter valued at about $110,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its stake in 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 acquiring an additional 247 shares during the period. Finally, FNY Partners Fund LP grew its stake in Wayfair by 2,900.0% in the first quarter. FNY Partners Fund LP now owns 3,000 shares of the company’s stock valued at $121,000 after acquiring an additional 2,900 shares during the period. 66.15% of the stock is owned by institutional investors and hedge funds.

W has been the topic of a number of research analyst reports. Piper Jaffray Companies reissued an “overweight” rating and set a $87.00 price target (up from $70.00) on shares of Wayfair in a report on Wednesday, June 14th. CIBC raised Wayfair from a “market perform” rating to an “outperform” rating in a report on Friday, June 2nd. Maxim Group cut Wayfair from a “buy” rating to a “hold” rating and raised their target price for the company from $27.60 to $76.17 in a research note on Monday, June 19th. They noted that the move was a valuation call. Gordon Haskett cut Wayfair from a “buy” rating to an “accumulate” rating and raised their target price for the company from $70.00 to $85.00 in a research note on Tuesday, June 27th. Finally, Buckingham Research reaffirmed a “buy” rating and set a $95.00 target price (up previously from $72.00) on shares of Wayfair in a research note on Thursday, July 13th. They noted that the move was a valuation call. Ten analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $72.84.

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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