Wayfair Inc. (NYSE:W) SVP Steve Oblak sold 4,174 shares of the firm’s stock in a transaction dated Friday, September 15th. The shares were sold at an average price of $79.92, for a total value of $333,586.08. Following the completion of the transaction, the senior vice president now owns 121,354 shares in the company, valued at approximately $9,698,611.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • On Monday, September 11th, Steve Oblak sold 300 shares of Wayfair stock. The shares were sold at an average price of $77.23, for a total value of $23,169.00.
  • 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 value 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 value 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 value 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 value 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 value 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 value 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 value of $72,692.64.

Wayfair Inc. (NYSE W) opened at 81.75 on Friday. The company’s market cap is $7.13 billion. The stock’s 50 day moving average price is $73.34 and its 200 day moving average price is $62.21. Wayfair Inc. has a 12-month low of $27.60 and a 12-month high of $83.89.

Wayfair (NYSE:W) last announced its earnings results on Tuesday, August 8th. The company reported ($0.26) 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 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 earned ($0.43) EPS. The firm’s revenue for the quarter was up 42.7% compared to the same quarter last year. Equities research analysts anticipate that Wayfair Inc. will post ($1.45) EPS for the current year.

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Several institutional investors have recently made changes to their positions in the stock. Lord Abbett & CO. LLC bought a new stake in shares of Wayfair during the 2nd quarter valued at about $27,345,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Wayfair during the 2nd quarter valued at about $277,000. Verition Fund Management LLC bought a new stake in shares of Wayfair during the 2nd quarter valued at about $251,000. California State Teachers Retirement System boosted its position in shares of Wayfair by 10.0% during the 2nd quarter. California State Teachers Retirement System now owns 68,366 shares of the company’s stock valued at $5,256,000 after purchasing an additional 6,224 shares in the last quarter. Finally, BlueCrest Capital Management Ltd bought a new stake in shares of Wayfair during the 2nd quarter valued at about $3,466,000. Institutional investors own 66.15% of the company’s stock.

W has been the topic of several recent research reports. Piper Jaffray Companies reiterated an “overweight” rating and issued a $87.00 price target (up previously from $70.00) on shares of Wayfair in a report on Wednesday, June 14th. CIBC upgraded Wayfair from a “market perform” rating to an “outperform” rating in a report on Friday, June 2nd. Maxim Group cut Wayfair from a “buy” rating to a “hold” rating and raised their price target for the company from $27.60 to $76.17 in a report on Monday, June 19th. They noted that the move was a valuation call. Gordon Haskett cut Wayfair from a “buy” rating to an “accumulate” rating and raised their price target for the company from $70.00 to $85.00 in a report on Tuesday, June 27th. Finally, Buckingham Research reiterated a “buy” rating and issued a $95.00 price target (up previously from $72.00) on shares of Wayfair in a report on Thursday, July 13th. They noted that the move was a valuation call. Ten equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Wayfair currently has an average rating of “Buy” and a consensus 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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