Wayfair Inc. (NYSE:W) SVP Steve Oblak sold 300 shares of the business’s stock in a transaction dated Monday, October 9th. The stock was sold at an average price of $68.84, for a total transaction of $20,652.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

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

  • On Monday, October 2nd, Steve Oblak sold 237 shares of Wayfair stock. The stock was sold at an average price of $67.21, for a total transaction of $15,928.77.
  • On Monday, September 25th, Steve Oblak sold 300 shares of Wayfair stock. The stock was sold at an average price of $74.36, for a total transaction of $22,308.00.
  • On Friday, September 15th, Steve Oblak sold 4,174 shares of Wayfair stock. The stock was sold at an average price of $79.92, for a total transaction of $333,586.08.
  • On Monday, September 11th, Steve Oblak sold 300 shares of Wayfair stock. The shares were sold at an average price of $77.23, for a total transaction of $23,169.00.
  • On Tuesday, September 12th, Steve Oblak sold 400 shares of Wayfair stock. The shares were sold at an average price of $77.92, for a total transaction of $31,168.00.
  • On Friday, September 1st, Steve Oblak sold 241 shares of Wayfair stock. The shares were sold at an average price of $71.39, for a total transaction of $17,204.99.
  • On Monday, August 28th, Steve Oblak sold 300 shares of Wayfair stock. The shares were sold at an average price of $69.24, for a total transaction of $20,772.00.
  • On Tuesday, August 15th, Steve Oblak sold 805 shares of Wayfair stock. The shares were sold at an average price of $70.68, for a total transaction of $56,897.40.
  • On Tuesday, August 1st, Steve Oblak sold 949 shares of Wayfair stock. The shares were sold at an average price of $75.96, for a total transaction of $72,086.04.
  • On Monday, July 17th, Steve Oblak sold 705 shares of Wayfair stock. The shares were sold at an average price of $76.41, for a total transaction of $53,869.05.

Shares of Wayfair Inc. (NYSE:W) traded up 0.41% during midday trading on Wednesday, reaching $66.22. 1,719,937 shares of the company traded hands. Wayfair Inc. has a 12 month low of $27.60 and a 12 month high of $84.19. The company’s 50 day moving average is $73.04 and its 200-day moving average is $65.93. The stock’s market capitalization is $5.77 billion.

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, topping analysts’ consensus estimates of ($0.69) by $0.43. The business had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.06 billion. Wayfair had a negative net margin of 5.10% and a negative return on equity of 335.44%. The business’s revenue was up 42.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.43) earnings per share. Equities research analysts forecast that Wayfair Inc. will post ($1.45) earnings per share for the current fiscal year.

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Several equities analysts have weighed in on W shares. Gordon Haskett lowered shares of Wayfair from a “buy” rating to an “accumulate” rating and boosted their target price for the company from $70.00 to $85.00 in a report on Tuesday, June 27th. Stifel Nicolaus upgraded shares of Wayfair from a “hold” rating to a “buy” rating and boosted their target price for the company from $75.00 to $78.00 in a report on Friday, August 25th. Ifs Securities started coverage on shares of Wayfair in a report on Friday, September 1st. They issued an “outperform” rating and a $85.00 target price on the stock. Robert W. Baird reiterated a “hold” rating and issued a $73.00 target price on shares of Wayfair in a report on Thursday, September 28th. Finally, Wedbush reiterated an “outperform” rating and issued a $82.00 target price on shares of Wayfair in a report on Wednesday, October 4th. Nine research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $77.07.

Several institutional investors and hedge funds have recently made changes to their positions in the company. BNP Paribas Arbitrage SA lifted its holdings in Wayfair by 96.2% in the second quarter. BNP Paribas Arbitrage SA now owns 1,360 shares of the company’s stock worth $105,000 after purchasing an additional 667 shares during the period. UBS Group AG raised its holdings in Wayfair by 55.5% during the 1st quarter. UBS Group AG now owns 2,690 shares of the company’s stock worth $109,000 after buying an additional 960 shares during the period. Ameritas Investment Partners Inc. acquired a new stake in Wayfair during the 1st quarter worth about $110,000. FNY Partners Fund LP raised its holdings in Wayfair by 2,900.0% during the 1st quarter. FNY Partners Fund LP now owns 3,000 shares of the company’s stock worth $121,000 after buying an additional 2,900 shares during the period. Finally, Oppenheimer Asset Management Inc. acquired a new stake in Wayfair during the 1st quarter worth about $137,000. 66.15% of the stock is owned by institutional investors.

Wayfair Company Profile

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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