Wayfair Inc. (NYSE:W) insider John Champlin Mulliken sold 3,700 shares of the stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $78.95, for a total transaction of $292,115.00. Following the completion of the sale, the insider now directly owns 190,015 shares of the company’s stock, valued at $15,001,684.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

John Champlin Mulliken also recently made the following trade(s):

  • On Tuesday, August 1st, John Champlin Mulliken sold 241 shares of Wayfair stock. The stock was sold at an average price of $76.75, for a total transaction of $18,496.75.
  • On Thursday, July 27th, John Champlin Mulliken sold 1,000 shares of Wayfair stock. The stock was sold at an average price of $79.96, for a total transaction of $79,960.00.
  • On Wednesday, July 26th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $80.07, for a total transaction of $56,049.00.
  • On Thursday, July 20th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $75.71, for a total transaction of $52,997.00.
  • On Monday, July 17th, John Champlin Mulliken sold 971 shares of Wayfair stock. The stock was sold at an average price of $76.57, for a total transaction of $74,349.47.
  • On Thursday, July 13th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $76.62, for a total transaction of $53,634.00.
  • On Thursday, July 6th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $75.19, for a total value of $52,633.00.
  • On Thursday, June 29th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $74.79, for a total value of $52,353.00.
  • On Thursday, June 22nd, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $75.40, for a total value of $52,780.00.
  • On Friday, June 16th, John Champlin Mulliken sold 9,564 shares of Wayfair stock. The stock was sold at an average price of $72.65, for a total value of $694,824.60.

Wayfair Inc. (NYSE:W) opened at 75.52 on Wednesday. The firm’s market cap is $6.54 billion. Wayfair Inc. has a one year low of $27.60 and a one year high of $80.50. The firm’s 50-day moving average price is $75.55 and its 200 day moving average price is $54.28.

Wayfair (NYSE:W) last posted its quarterly earnings results on Tuesday, August 8th. The company reported ($0.26) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.69) by $0.43. The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.06 billion. Wayfair had a negative return on equity of 215.36% and a negative net margin of 5.84%. The business’s quarterly revenue was up 42.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.43) EPS. On average, equities research analysts forecast that Wayfair Inc. will post ($1.55) EPS for the current year.

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A number of equities analysts recently commented on the company. BidaskClub downgraded Wayfair from a “strong-buy” rating to a “buy” rating in a report on Friday, August 4th. Oppenheimer Holdings, Inc. set a $88.00 price objective on Wayfair and gave the stock a “buy” rating in a report on Friday, August 4th. Piper Jaffray Companies set a $87.00 price objective on Wayfair and gave the stock a “buy” rating in a report on Friday, July 28th. Robert W. Baird restated a “neutral” rating on shares of Wayfair in a report on Monday, July 3rd. Finally, Maxim Group downgraded Wayfair from a “buy” rating to a “hold” rating and increased their price objective for the stock from $27.60 to $76.17 in a report on Monday, June 19th. They noted that the move was a valuation call. Ten analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $66.78.

Several hedge funds and other institutional investors have recently bought and sold shares of W. Renaissance Technologies LLC bought a new position in Wayfair during the fourth quarter valued at $880,000. Guggenheim Capital LLC raised its position in Wayfair by 48.7% in the fourth quarter. Guggenheim Capital LLC now owns 15,491 shares of the company’s stock valued at $543,000 after buying an additional 5,073 shares during the period. Teachers Advisors LLC raised its position in Wayfair by 5.7% in the fourth quarter. Teachers Advisors LLC now owns 126,565 shares of the company’s stock valued at $4,436,000 after buying an additional 6,865 shares during the period. Nationwide Fund Advisors raised its position in Wayfair by 2.1% in the first quarter. Nationwide Fund Advisors now owns 33,721 shares of the company’s stock valued at $1,365,000 after buying an additional 709 shares during the period. Finally, Hamilton Lane Advisors LLC raised its position in Wayfair by 41.0% in the first quarter. Hamilton Lane Advisors LLC now owns 45,381 shares of the company’s stock valued at $1,837,000 after buying an additional 13,191 shares during the period.

About Wayfair

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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