Wayfair Inc. (NYSE:W) insider Edmond Macri sold 600 shares of the firm’s stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $72.77, for a total value of $43,662.00. Following the completion of the transaction, the insider now owns 758 shares of the company’s stock, valued at approximately $55,159.66. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

  • On Tuesday, July 25th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $76.61, for a total value of $45,966.00.
  • On Tuesday, July 18th, Edmond Macri sold 1,570 shares of Wayfair stock. The shares were sold at an average price of $76.07, for a total value of $119,429.90.
  • On Tuesday, July 11th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $74.00, for a total value of $44,400.00.
  • On Wednesday, July 5th, Edmond Macri sold 844 shares of Wayfair stock. The shares were sold at an average price of $75.42, for a total value of $63,654.48.
  • On Tuesday, June 27th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $75.01, for a total value of $45,006.00.
  • On Tuesday, June 20th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $73.87, for a total value of $44,322.00.
  • On Thursday, June 15th, Edmond Macri sold 5,175 shares of Wayfair stock. The stock was sold at an average price of $70.22, for a total value of $363,388.50.
  • On Tuesday, June 13th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $70.79, for a total value of $42,474.00.
  • On Thursday, June 1st, Edmond Macri sold 840 shares of Wayfair stock. The stock was sold at an average price of $64.23, for a total value of $53,953.20.
  • On Tuesday, May 16th, Edmond Macri sold 1,560 shares of Wayfair stock. The stock was sold at an average price of $61.24, for a total value of $95,534.40.

Shares of Wayfair Inc. (NYSE W) traded up 0.99% during mid-day trading on Friday, reaching $69.69. The company’s stock had a trading volume of 1,198,634 shares. Wayfair Inc. has a 52-week low of $27.60 and a 52-week high of $82.19. The company’s market capitalization is $6.08 billion. The firm’s 50 day moving average is $75.93 and its 200-day moving average is $55.75.

Wayfair (NYSE:W) last announced its quarterly earnings results on Tuesday, August 8th. The company reported ($0.26) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.69) by $0.43. The business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.06 billion. Wayfair had a negative return on equity of 335.44% and a negative net margin of 5.10%. The firm’s quarterly revenue was up 42.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.43) EPS. Analysts forecast that Wayfair Inc. will post ($1.46) EPS for the current year.

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W has been the subject of a number of recent research reports. Gordon Haskett cut Wayfair from a “buy” rating to an “accumulate” rating and lifted their price objective for the stock from $70.00 to $85.00 in a research report on Tuesday, June 27th. Canaccord Genuity lifted their price objective on Wayfair from $45.00 to $68.00 and gave the stock a “buy” rating in a research report on Wednesday, May 10th. Maxim Group reiterated a “buy” rating and set a $53.00 price objective (up previously from $45.00) on shares of Wayfair in a research report on Tuesday, May 2nd. Zacks Investment Research upgraded Wayfair from a “hold” rating to a “buy” rating and set a $50.00 price objective for the company in a research report on Thursday, April 27th. Finally, Buckingham Research lifted their price objective on Wayfair from $47.00 to $57.00 and gave the stock a “buy” rating in a research report on Wednesday, May 3rd. Eleven research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. Wayfair presently has an average rating of “Buy” and an average price target of $69.15.

Several large investors have recently made changes to their positions in W. BNP Paribas Arbitrage SA boosted its stake in shares of Wayfair by 96.2% in the second quarter. BNP Paribas Arbitrage SA now owns 1,360 shares of the company’s stock valued at $105,000 after buying an additional 667 shares during the last quarter. First Mercantile Trust Co. purchased a new stake in shares of Wayfair during the second quarter valued at approximately $138,000. First Personal Financial Services boosted its stake in shares of Wayfair by 15.1% in the first quarter. First Personal Financial Services now owns 2,475 shares of the company’s stock valued at $100,000 after buying an additional 325 shares during the last quarter. UBS Group AG boosted its stake in shares of Wayfair by 55.5% in the first quarter. UBS Group AG now owns 2,690 shares of the company’s stock valued at $109,000 after buying an additional 960 shares during the last quarter. Finally, CIBC Asset Management Inc purchased a new stake in shares of Wayfair during the second quarter valued at approximately $208,000.

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)

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