Wayfair Inc. (NYSE:W) insider Edmond Macri sold 600 shares of the company’s stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $73.84, for a total transaction of $44,304.00. Following the transaction, the insider now owns 756 shares of the company’s stock, valued at $55,823.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Tuesday, November 28th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $68.80, for a total transaction of $41,280.00.
  • On Tuesday, November 7th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $64.17, for a total transaction of $38,502.00.
  • On Tuesday, October 31st, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $69.49, for a total transaction of $41,694.00.
  • On Tuesday, October 24th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $66.69, for a total transaction of $40,014.00.
  • On Tuesday, October 17th, Edmond Macri sold 1,571 shares of Wayfair stock. The stock was sold at an average price of $70.03, for a total transaction of $110,017.13.
  • On Tuesday, October 10th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $65.76, for a total transaction of $39,456.00.
  • On Tuesday, October 3rd, Edmond Macri sold 844 shares of Wayfair stock. The stock was sold at an average price of $69.61, for a total transaction of $58,750.84.
  • On Tuesday, September 26th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $71.51, for a total transaction of $42,906.00.
  • On Tuesday, September 19th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $79.89, for a total transaction of $47,934.00.

Shares of Wayfair Inc. (NYSE:W) traded up $0.35 on Thursday, reaching $76.18. 1,035,526 shares of the company’s stock were exchanged, compared to its average volume of 1,531,443. The company has a current ratio of 1.19, a quick ratio of 1.17 and a debt-to-equity ratio of 135.98. Wayfair Inc. has a twelve month low of $34.30 and a twelve month high of $84.19.

Wayfair (NYSE:W) last issued its quarterly earnings results on Thursday, November 2nd. The company reported ($0.65) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.68) by $0.03. The business had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.21 billion. Wayfair had a negative net margin of 5.06% and a negative return on equity of 658.45%. The business’s quarterly revenue was up 39.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.54) earnings per share. sell-side analysts predict that Wayfair Inc. will post -2.63 EPS for the current year.

W has been the subject of a number of recent research reports. Credit Suisse Group decreased their price objective on Wayfair from $78.00 to $69.00 and set a “neutral” rating for the company in a report on Friday, November 3rd. Ifs Securities initiated coverage on Wayfair in a report on Friday, September 1st. They issued an “outperform” rating and a $85.00 price objective for the company. Stifel Nicolaus upgraded Wayfair from a “hold” rating to a “buy” rating and increased their price objective for the company from $75.00 to $78.00 in a report on Friday, August 25th. Cowen restated a “buy” rating and issued a $72.00 price objective (down from $82.00) on shares of Wayfair in a report on Wednesday, November 1st. Finally, Robert W. Baird restated a “hold” rating and issued a $73.00 price objective on shares of Wayfair in a report on Thursday, September 28th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and sixteen have issued a buy rating to the stock. Wayfair has a consensus rating of “Buy” and a consensus target price of $76.01.

A number of institutional investors and hedge funds have recently modified their holdings of W. Renaissance Technologies LLC boosted its position in shares of Wayfair by 46.6% during the 1st quarter. Renaissance Technologies LLC now owns 36,800 shares of the company’s stock worth $1,490,000 after purchasing an additional 11,700 shares in the last quarter. Aperio Group LLC bought a new position in shares of Wayfair during the 2nd quarter worth about $217,000. Public Employees Retirement Association of Colorado bought a new position in shares of Wayfair during the 2nd quarter worth about $546,000. CIBC Asset Management Inc bought a new position in shares of Wayfair during the 2nd quarter worth about $208,000. Finally, Sei Investments Co. boosted its position in shares of Wayfair by 3,118.2% during the 2nd quarter. Sei Investments Co. now owns 6,887 shares of the company’s stock worth $529,000 after purchasing an additional 6,673 shares in the last quarter. 66.97% of the stock is currently owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION NOTICE: “Edmond Macri Sells 600 Shares of Wayfair Inc. (W) Stock” was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this news story on another publication, it was copied illegally and republished in violation of international trademark & copyright legislation. The legal version of this news story can be viewed at https://www.thecerbatgem.com/2017/12/14/edmond-macri-sells-600-shares-of-wayfair-inc-w-stock.html.

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)

Receive News & Stock Ratings for Wayfair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wayfair and related stocks with our FREE daily email newsletter.