Wayfair Inc. (NYSE:W) COO James Savarese sold 500 shares of the firm’s stock in a transaction on Wednesday, September 21st. The shares were sold at an average price of $43.00, for a total transaction of $21,500.00. Following the completion of the transaction, the chief operating officer now owns 606,077 shares in the company, valued at $26,061,311. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

James Savarese also recently made the following trade(s):

  • On Thursday, September 15th, James Savarese sold 2,867 shares of Wayfair stock. The shares were sold at an average price of $39.55, for a total transaction of $113,389.85.
  • On Wednesday, September 14th, James Savarese sold 500 shares of Wayfair stock. The shares were sold at an average price of $38.73, for a total transaction of $19,365.00.
  • On Wednesday, September 7th, James Savarese sold 500 shares of Wayfair stock. The shares were sold at an average price of $40.28, for a total transaction of $20,140.00.
  • On Wednesday, August 31st, James Savarese sold 500 shares of Wayfair stock. The shares were sold at an average price of $38.40, for a total transaction of $19,200.00.
  • On Wednesday, August 24th, James Savarese sold 500 shares of Wayfair stock. The shares were sold at an average price of $38.18, for a total transaction of $19,090.00.
  • On Wednesday, August 17th, James Savarese sold 500 shares of Wayfair stock. The shares were sold at an average price of $37.80, for a total transaction of $18,900.00.
  • On Monday, August 15th, James Savarese sold 1,168 shares of Wayfair stock. The shares were sold at an average price of $39.40, for a total transaction of $46,019.20.
  • On Wednesday, August 10th, James Savarese sold 500 shares of Wayfair stock. The shares were sold at an average price of $38.41, for a total transaction of $19,205.00.
  • On Wednesday, August 3rd, James Savarese sold 500 shares of Wayfair stock. The shares were sold at an average price of $46.14, for a total transaction of $23,070.00.
  • On Wednesday, July 27th, James Savarese sold 500 shares of Wayfair stock. The shares were sold at an average price of $40.32, for a total transaction of $20,160.00.

Shares of 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. The firm’s market cap is $3.63 billion. Wayfair Inc. has a 12 month low of $28.85 and a 12 month high of $50.00.

Wayfair (NYSE:W) last posted its quarterly earnings data on Tuesday, August 9th. The company reported ($0.43) earnings per share for the quarter, missing the Thomson Reuters’ 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 prior year, the company earned ($0.15) EPS. The company’s revenue for the quarter was up 60.0% compared to the same quarter last year. Analysts forecast that Wayfair Inc. will post ($1.67) EPS for the current fiscal year.

A number of large investors have recently bought and sold shares of W. BlackRock Inc. boosted its stake in Wayfair by 70.0% in the second quarter. BlackRock Inc. now owns 2,689 shares of the company’s stock valued at $105,000 after buying an additional 1,107 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. purchased a new stake in Wayfair during the second quarter valued at $107,000. Legal & General Group Plc boosted its stake 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 in the last quarter. Teacher Retirement System of Texas boosted its stake in Wayfair by 42.4% in the second quarter. Teacher Retirement System of Texas now owns 3,905 shares of the company’s stock valued at $152,000 after buying an additional 1,163 shares in the last quarter. Finally, Quadrature Capital Ltd purchased a new stake in Wayfair during the first quarter valued at $291,000. 71.84% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts have recently commented on the stock. Zacks Investment Research raised shares of Wayfair from a “sell” rating to a “hold” rating in a report on Wednesday. Vetr raised shares of Wayfair from a “buy” rating to a “strong-buy” rating and set a $42.28 price objective for the company in a report on Wednesday, September 14th. Pacific Crest reaffirmed an “equal weight” rating on shares of Wayfair in a report on Sunday, August 14th. Finally, Oppenheimer Holdings Inc. reaffirmed a “sector perform” rating on shares of Wayfair in a report on Sunday, August 14th. Fourteen equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target 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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