Wayfair Inc. (NYSE:W) insider John Champlin Mulliken sold 5,575 shares of the firm’s stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $79.57, for a total value of $443,602.75. Following the completion of the sale, the insider now directly owns 184,101 shares in the company, valued at $14,648,916.57. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Thursday, September 7th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $73.70, for a total value of $51,590.00.
  • On Friday, September 1st, John Champlin Mulliken sold 942 shares of Wayfair stock. The stock was sold at an average price of $70.19, for a total value of $66,118.98.
  • On Thursday, August 24th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $67.55, for a total value of $47,285.00.
  • On Thursday, August 17th, John Champlin Mulliken sold 1,672 shares of Wayfair stock. The stock was sold at an average price of $69.00, for a total value of $115,368.00.
  • On Thursday, August 10th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $70.23, for a total value of $49,161.00.
  • On Friday, August 4th, John Champlin Mulliken sold 3,700 shares of Wayfair stock. The stock was sold at an average price of $78.95, for a total value of $292,115.00.
  • 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 value 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 value 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 value 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 value of $52,997.00.

Wayfair Inc. (NYSE W) traded up 0.66% during midday trading on Monday, reaching $80.29. The company’s stock had a trading volume of 1,024,206 shares. The firm’s market cap is $7.00 billion. Wayfair Inc. has a 1-year low of $27.60 and a 1-year high of $83.36. The company has a 50 day moving average price of $73.18 and a 200 day moving average price of $61.24.

Wayfair (NYSE:W) last issued its quarterly earnings results on Tuesday, August 8th. The company reported ($0.26) earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the prior year, the company posted ($0.43) EPS. The business’s revenue for the quarter was up 42.7% compared to the same quarter last year. On average, equities research analysts expect that Wayfair Inc. will post ($1.45) EPS for the current year.

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A number of analysts have recently issued reports on W shares. Piper Jaffray Companies reaffirmed an “overweight” rating and issued a $87.00 price target (up from $70.00) on shares of Wayfair in a research note on Wednesday, June 14th. CIBC upgraded Wayfair from a “market perform” rating to an “outperform” rating in a research report on Friday, June 2nd. Maxim Group downgraded Wayfair from a “buy” rating to a “hold” rating and lifted their price objective for the stock from $27.60 to $76.17 in a research report on Monday, June 19th. They noted that the move was a valuation call. Gordon Haskett downgraded 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. Finally, Buckingham Research reiterated a “buy” rating and set a $95.00 price objective (up previously from $72.00) on shares of Wayfair in a research report on Thursday, July 13th. They noted that the move was a valuation call. Ten investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Wayfair currently has an average rating of “Buy” and a consensus price target of $72.84.

Several institutional investors have recently modified their holdings of W. BNP Paribas Arbitrage SA lifted its stake in shares of Wayfair by 96.2% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 1,360 shares of the company’s stock worth $105,000 after purchasing an additional 667 shares during the period. UBS Group AG raised its position in shares of Wayfair by 55.5% in the 1st quarter. UBS Group AG now owns 2,690 shares of the company’s stock worth $109,000 after buying an additional 960 shares during the period. Ameritas Investment Partners Inc. purchased a new position in shares of Wayfair in the 1st quarter worth $110,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its position in shares of Wayfair by 9.6% in the 1st quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 2,820 shares of the company’s stock worth $114,000 after buying an additional 247 shares during the period. Finally, FNY Partners Fund LP raised its position in shares of Wayfair by 2,900.0% in the 1st quarter. FNY Partners Fund LP now owns 3,000 shares of the company’s stock worth $121,000 after buying an additional 2,900 shares during the period. 66.15% of the stock is currently owned by institutional investors.

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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