Wayfair Inc. (NYSE:W) SVP Steve Oblak sold 300 shares of Wayfair stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $77.23, for a total transaction of $23,169.00. Following the completion of the sale, the senior vice president now owns 120,621 shares of the company’s stock, valued at $9,315,559.83. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Steve Oblak also recently made the following trade(s):

  • On Tuesday, September 12th, Steve Oblak sold 400 shares of Wayfair stock. The shares were sold at an average price of $77.92, for a total transaction of $31,168.00.
  • On Friday, September 1st, Steve Oblak sold 241 shares of Wayfair stock. The shares were sold at an average price of $71.39, for a total transaction of $17,204.99.
  • On Monday, August 28th, Steve Oblak sold 300 shares of Wayfair stock. The shares were sold at an average price of $69.24, for a total transaction of $20,772.00.
  • On Tuesday, August 15th, Steve Oblak sold 805 shares of Wayfair stock. The shares were sold at an average price of $70.68, for a total transaction of $56,897.40.
  • On Tuesday, August 1st, Steve Oblak sold 949 shares of Wayfair stock. The shares were sold at an average price of $75.96, for a total transaction of $72,086.04.
  • On Monday, July 17th, Steve Oblak sold 705 shares of Wayfair stock. The shares were sold at an average price of $76.41, for a total transaction of $53,869.05.
  • On Monday, July 3rd, Steve Oblak sold 948 shares of Wayfair stock. The shares were sold at an average price of $76.68, for a total transaction of $72,692.64.
  • On Monday, June 19th, Steve Oblak sold 4,528 shares of Wayfair stock. The shares were sold at an average price of $70.83, for a total transaction of $320,718.24.

Shares of Wayfair Inc. (W) traded down 1.70% during trading on Friday, reaching $78.87. 655,384 shares of the company were exchanged. The stock’s market capitalization is $6.88 billion. The company has a 50 day moving average price of $73.10 and a 200-day moving average price of $60.95. Wayfair Inc. has a one year low of $27.60 and a one year high of $82.75.

Wayfair (NYSE:W) last announced its quarterly earnings results on Tuesday, August 8th. The company reported ($0.26) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.69) by $0.43. Wayfair had a negative return on equity of 335.44% and a negative net margin of 5.10%. The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter last year, the firm posted ($0.43) EPS. The company’s quarterly revenue was up 42.7% on a year-over-year basis. Equities analysts predict that Wayfair Inc. will post ($1.45) EPS for the current year.

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A number of institutional investors have recently made changes to their positions in the business. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its holdings in Wayfair by 9.6% during the 1st quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 2,820 shares of the company’s stock valued at $114,000 after purchasing an additional 247 shares during the last quarter. First Personal Financial Services lifted its holdings in Wayfair by 12.8% during the 2nd quarter. First Personal Financial Services now owns 2,792 shares of the company’s stock valued at $215,000 after purchasing an additional 317 shares during the last quarter. BNP Paribas Arbitrage SA lifted its holdings in Wayfair by 96.2% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 1,360 shares of the company’s stock valued at $105,000 after purchasing an additional 667 shares during the last quarter. Nationwide Fund Advisors lifted its holdings in Wayfair by 2.1% during the 1st quarter. Nationwide Fund Advisors now owns 33,721 shares of the company’s stock valued at $1,365,000 after purchasing an additional 709 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its holdings in Wayfair by 18.9% during the 2nd quarter. Pacer Advisors Inc. now owns 4,903 shares of the company’s stock valued at $377,000 after purchasing an additional 779 shares during the last quarter.

A number of analysts have issued reports on W shares. Oppenheimer Holdings, Inc. upgraded shares of Wayfair from a “market perform” rating to an “outperform” rating and set a $80.00 target price for the company in a research note on Friday, June 2nd. CIBC upgraded shares of Wayfair from a “market perform” rating to an “outperform” rating in a research note on Friday, June 2nd. Piper Jaffray Companies reiterated an “overweight” rating and issued a $87.00 target price (up from $70.00) on shares of Wayfair in a research note on Wednesday, June 14th. Maxim Group lowered shares of Wayfair from a “buy” rating to a “hold” rating and lifted their price target for the company from $27.60 to $76.17 in a research report on Monday, June 19th. They noted that the move was a valuation call. Finally, Gordon Haskett lowered shares of Wayfair from a “buy” rating to an “accumulate” rating and lifted their price target for the company from $70.00 to $85.00 in a research report on Tuesday, June 27th. Ten analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Wayfair has a consensus rating of “Buy” and an average target price of $72.84.

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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