Wayfair Inc. (NYSE:W) insider John Champlin Mulliken sold 936 shares of the company’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $68.61, for a total value of $64,218.96. Following the completion of the transaction, the insider now owns 187,778 shares of the company’s stock, valued at $12,883,448.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

  • On Thursday, September 21st, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $82.02, for a total transaction of $57,414.00.
  • On Friday, September 15th, John Champlin Mulliken sold 5,575 shares of Wayfair stock. The stock was sold at an average price of $79.57, for a total transaction of $443,602.75.
  • On Thursday, September 7th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $73.70, for a total transaction 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 transaction 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 transaction 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 transaction 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 transaction 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 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.

Wayfair Inc. (NYSE W) traded up 1.57% during midday trading on Monday, reaching $68.46. 1,305,628 shares of the company’s stock traded hands. The stock has a 50-day moving average of $73.34 and a 200 day moving average of $62.21. The company’s market cap is $5.97 billion. Wayfair Inc. has a 52-week low of $27.60 and a 52-week high of $84.19.

Wayfair (NYSE:W) last issued its quarterly earnings results on Tuesday, August 8th. The company reported ($0.26) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate 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 company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same quarter last year, the company posted ($0.43) EPS. The company’s revenue for the quarter was up 42.7% compared to the same quarter last year. On average, analysts anticipate that Wayfair Inc. will post ($1.45) earnings per share for the current fiscal year.

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A number of equities research analysts have weighed in on W shares. Piper Jaffray Companies reaffirmed an “overweight” rating and set a $87.00 price objective (up from $70.00) on shares of Wayfair in a report on Wednesday, June 14th. Maxim Group lowered Wayfair from a “buy” rating to a “hold” rating and upped their price objective 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 increased their target price for the stock from $70.00 to $85.00 in a report on Tuesday, June 27th. Robert W. Baird reissued a “neutral” rating on shares of Wayfair in a report on Monday, July 3rd. Finally, Buckingham Research restated a “buy” rating and set a $95.00 target price (up previously from $72.00) on shares of Wayfair in a research report 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 assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $74.07.

A number of large investors have recently added to or reduced their stakes in the stock. BNP Paribas Arbitrage SA grew its position 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 last quarter. UBS Group AG raised its stake in Wayfair by 55.5% during the first quarter. UBS Group AG now owns 2,690 shares of the company’s stock worth $109,000 after acquiring an additional 960 shares in the last quarter. Ameritas Investment Partners Inc. acquired a new position in Wayfair during the first quarter worth about $110,000. FNY Partners Fund LP raised its stake in Wayfair by 2,900.0% during the first quarter. FNY Partners Fund LP now owns 3,000 shares of the company’s stock worth $121,000 after acquiring an additional 2,900 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. acquired a new position in Wayfair during the first quarter worth about $137,000. 66.15% of the stock is currently owned by institutional investors and hedge funds.

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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