Wayfair Inc. (NYSE:W) COO James Savarese sold 825 shares of the stock in a transaction on Wednesday, February 15th. The stock was sold at an average price of $40.75, for a total value of $33,618.75. Following the transaction, the chief operating officer now directly owns 608,093 shares in the company, valued at approximately $24,779,789.75. The transaction was disclosed in a filing with the SEC, which is available at this link.

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

  • On Tuesday, January 17th, James Savarese sold 973 shares of Wayfair stock. The stock was sold at an average price of $39.19, for a total value of $38,131.87.
  • On Wednesday, December 28th, James Savarese sold 500 shares of Wayfair stock. The stock was sold at an average price of $36.02, for a total value of $18,010.00.
  • On Wednesday, December 21st, James Savarese sold 500 shares of Wayfair stock. The stock was sold at an average price of $37.64, for a total value of $18,820.00.
  • On Thursday, December 15th, James Savarese sold 2,665 shares of Wayfair stock. The stock was sold at an average price of $37.93, for a total value of $101,083.45.
  • On Wednesday, December 7th, James Savarese sold 500 shares of Wayfair stock. The stock was sold at an average price of $37.07, for a total value of $18,535.00.
  • On Wednesday, November 30th, James Savarese sold 500 shares of Wayfair stock. The stock was sold at an average price of $34.72, for a total value of $17,360.00.
  • On Wednesday, November 23rd, James Savarese sold 500 shares of Wayfair stock. The stock was sold at an average price of $35.12, for a total value of $17,560.00.

Wayfair Inc. (NYSE:W) traded up 0.30% during midday trading on Friday, reaching $40.29. The company’s stock had a trading volume of 331,843 shares. Wayfair Inc. has a 1-year low of $27.60 and a 1-year high of $49.34. The stock’s 50-day moving average price is $40.32 and its 200 day moving average price is $38.48. The firm’s market capitalization is $3.45 billion.

Insider Buying and Selling by Quarter for Wayfair (NYSE:W)

“James Savarese Sells 825 Shares of Wayfair Inc. (W) Stock” was published by Daily Political and is the sole property of of Daily Political. If you are viewing this piece of content on another site, it was copied illegally and republished in violation of international copyright legislation. The correct version of this piece of content can be viewed at http://www.dailypolitical.com/2017/02/17/james-savarese-sells-825-shares-of-wayfair-inc-w-stock.html.

Several large investors have recently modified their holdings of W. BlackRock Investment Management LLC boosted its position in Wayfair by 1.0% in the third quarter. BlackRock Investment Management LLC now owns 118,836 shares of the company’s stock valued at $4,679,000 after buying an additional 1,190 shares during the last quarter. Hennessy Advisors Inc. boosted its position in Wayfair by 2.9% in the second quarter. Hennessy Advisors Inc. now owns 848,327 shares of the company’s stock valued at $33,085,000 after buying an additional 24,180 shares during the last quarter. Emerald Acquisition Ltd. boosted its position in Wayfair by 8.9% in the third quarter. Emerald Acquisition Ltd. now owns 573,229 shares of the company’s stock valued at $22,565,000 after buying an additional 46,969 shares during the last quarter. Zevenbergen Capital Investments LLC boosted its position in Wayfair by 9.7% in the third quarter. Zevenbergen Capital Investments LLC now owns 94,355 shares of the company’s stock valued at $3,715,000 after buying an additional 8,325 shares during the last quarter. Finally, Allen Investment Management LLC boosted its position in Wayfair by 150.0% in the third quarter. Allen Investment Management LLC now owns 500,000 shares of the company’s stock valued at $19,685,000 after buying an additional 300,000 shares during the last quarter. 70.53% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts recently weighed in on the company. Wedbush upped their price objective on Wayfair from $40.00 to $45.00 and gave the stock an “outperform” rating in a research note on Wednesday. Canaccord Genuity restated a “buy” rating on shares of Wayfair in a research note on Tuesday, February 7th. Zacks Investment Research upgraded Wayfair from a “sell” rating to a “hold” rating in a research note on Wednesday, January 11th. Finally, Credit Suisse Group assumed coverage on Wayfair in a research note on Wednesday, January 11th. They set a “neutral” rating and a $40.00 price objective for the company. Fourteen equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $48.95.

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

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