Wayfair Inc. (NYSE:W) insider Edmond Macri sold 3,905 shares of the company’s stock in a transaction dated Thursday, September 15th. The stock was sold at an average price of $39.58, for a total transaction of $154,559.90. Following the completion of the transaction, the insider now owns 236,440 shares of the company’s stock, valued at approximately $9,358,295.20. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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

  • On Tuesday, September 20th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $41.66, for a total transaction of $24,996.00.
  • On Tuesday, September 13th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $38.27, for a total transaction of $22,962.00.
  • On Tuesday, September 6th, Edmond Macri sold 835 shares of Wayfair stock. The shares were sold at an average price of $39.08, for a total transaction of $32,631.80.
  • On Tuesday, August 30th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $38.26, for a total transaction of $22,956.00.
  • On Tuesday, August 23rd, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $38.20, for a total transaction of $22,920.00.
  • On Tuesday, August 16th, Edmond Macri sold 1,533 shares of Wayfair stock. The shares were sold at an average price of $39.12, for a total transaction of $59,970.96.
  • On Tuesday, August 9th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $41.94, for a total transaction of $25,164.00.
  • On Tuesday, August 2nd, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $44.50, for a total transaction of $26,700.00.
  • On Tuesday, July 26th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $39.50, for a total transaction of $23,700.00.
  • On Tuesday, July 19th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $40.24, for a total transaction of $24,144.00.

Wayfair Inc. (NYSE:W) opened at 42.76 on Thursday. The stock’s 50 day moving average is $40.16 and its 200 day moving average is $40.39. Wayfair Inc. has a 52 week low of $28.85 and a 52 week high of $50.00. The firm’s market cap is $3.63 billion.

Wayfair (NYSE:W) last released its quarterly earnings data on Tuesday, August 9th. The company reported ($0.43) earnings per share for the quarter, missing the consensus estimate of ($0.41) by $0.02. Wayfair had a negative return on equity of 56.95% and a negative net margin of 4.20%. The firm had revenue of $755.70 million for the quarter, compared to the consensus estimate of $782.43 million. During the same period in the previous year, the business earned ($0.15) EPS. The firm’s revenue was up 60.0% compared to the same quarter last year. Equities research analysts expect that Wayfair Inc. will post ($1.67) EPS for the current year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in W. Ruane Cunniff & Goldfarb Inc. purchased a new position in Wayfair during the second quarter valued at $4,961,000. Samlyn Capital LLC purchased a new position in Wayfair during the first quarter valued at $31,237,000. Metropolitan Life Insurance Co. NY raised its position in Wayfair by 1.9% in the first quarter. Metropolitan Life Insurance Co. NY now owns 14,548 shares of the company’s stock valued at $629,000 after buying an additional 269 shares during the last quarter. Legal & General Group Plc raised its position in Wayfair by 46.8% in the first quarter. Legal & General Group Plc now owns 2,957 shares of the company’s stock valued at $124,000 after buying an additional 943 shares during the last quarter. Finally, Renaissance Technologies LLC purchased a new position in Wayfair during the first quarter valued at $2,451,000. 71.84% of the stock is currently owned by institutional investors and hedge funds.

Several analysts recently commented on W shares. Goldman Sachs Group Inc. lowered shares of Wayfair from a “buy” rating to a “neutral” rating and cut their target price for the company from $46.00 to $43.00 in a research note on Wednesday, August 10th. Veritas Investment Research reissued a “hold” rating on shares of Wayfair in a research note on Friday, August 5th. Zacks Investment Research lowered shares of Wayfair from a “buy” rating to a “sell” rating in a research note on Saturday, August 13th. Pacific Crest reissued an “equal weight” rating on shares of Wayfair in a research note on Sunday, August 14th. Finally, Maxim Group started coverage on shares of Wayfair in a research note on Thursday, May 26th. They set a “buy” rating and a $50.00 target price for the company. Fourteen research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Wayfair presently has an average rating of “Hold” and an average target price of $51.49.

Wayfair Company Profile

Wayfair Inc (Wayfair) offers browsing, merchandising, product discovery and prices for a range of products from suppliers across various brands, including Wayfair.com, Joss & Main, AllModern, DwellStudio and Birch Lane. The Company offers a range of furniture, home furnishings, decor and goods. Wayfair produces editorial content both in-house and through third parties.

5 Day Chart for NYSE:W

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