Wayfair Inc. (NYSE:W) SVP Steve Oblak sold 400 shares of the firm’s stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $77.92, for a total transaction of $31,168.00. Following the completion of the sale, the senior vice president now owns 120,621 shares in the company, valued at approximately $9,398,788.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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

  • On Monday, September 11th, Steve Oblak sold 300 shares of Wayfair stock. The stock was sold at an average price of $77.23, for a total transaction of $23,169.00.
  • On Friday, September 1st, Steve Oblak sold 241 shares of Wayfair stock. The stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $70.83, for a total transaction of $320,718.24.

Shares of Wayfair Inc. (W) traded down 0.59% during mid-day trading on Friday, hitting $79.76. 1,637,377 shares of the stock traded hands. The stock’s market cap is $6.95 billion. Wayfair Inc. has a 12 month low of $27.60 and a 12 month high of $83.36. The firm has a 50 day moving average of $73.18 and a 200 day moving average of $61.24.

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, topping the Zacks’ consensus estimate of ($0.69) by $0.43. Wayfair had a negative net margin of 5.10% and a negative return on equity of 335.44%. The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the prior year, the firm posted ($0.43) earnings per share. The firm’s quarterly revenue was up 42.7% compared to the same quarter last year. On average, equities analysts expect that Wayfair Inc. will post ($1.45) EPS for the current fiscal year.

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W has been the topic of several analyst reports. Oppenheimer Holdings, Inc. upgraded shares of Wayfair from a “market perform” rating to an “outperform” rating and set a $80.00 price target on the stock in a research note on Friday, June 2nd. Gordon Haskett cut shares of Wayfair from a “buy” rating to an “accumulate” rating and lifted their price target for the stock from $70.00 to $85.00 in a research note on Tuesday, June 27th. Ifs Securities initiated coverage on shares of Wayfair in a research note on Friday, September 1st. They set an “outperform” rating and a $85.00 price target on the stock. Stifel Nicolaus upgraded shares of Wayfair from a “hold” rating to a “buy” rating and lifted their price target for the stock from $75.00 to $78.00 in a research note on Friday, August 25th. Finally, CIBC upgraded shares of Wayfair from a “market perform” rating to an “outperform” rating in a research note on Friday, June 2nd. Ten investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $72.84.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Nationwide Fund Advisors lifted its holdings in Wayfair by 2.1% during the first 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 in the last quarter. Wells Fargo & Company MN lifted its holdings in Wayfair by 3.8% during the first quarter. Wells Fargo & Company MN now owns 41,065 shares of the company’s stock valued at $1,663,000 after purchasing an additional 1,518 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its holdings in Wayfair by 9.6% during the first 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 in the last quarter. First Trust Advisors LP lifted its holdings in Wayfair by 5.6% during the first quarter. First Trust Advisors LP now owns 76,895 shares of the company’s stock valued at $3,113,000 after purchasing an additional 4,058 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in Wayfair by 2.5% during the first quarter. Bank of New York Mellon Corp now owns 129,187 shares of the company’s stock valued at $5,231,000 after purchasing an additional 3,160 shares in the last quarter.

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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