Wayfair Inc. (NYSE:W) CEO Niraj Shah sold 1,216 shares of Wayfair stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $79.97, for a total transaction of $97,243.52. Following the transaction, the chief executive officer now directly owns 21,572 shares in the company, valued at approximately $1,725,112.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Niraj Shah also recently made the following trade(s):

  • On Monday, August 28th, Niraj Shah sold 14,200 shares of Wayfair stock. The shares were sold at an average price of $68.52, for a total transaction of $972,984.00.
  • On Tuesday, August 29th, Niraj Shah sold 41,000 shares of Wayfair stock. The shares were sold at an average price of $67.87, for a total transaction of $2,782,670.00.
  • On Wednesday, August 23rd, Niraj Shah sold 12,000 shares of Wayfair stock. The shares were sold at an average price of $66.95, for a total transaction of $803,400.00.
  • On Tuesday, August 22nd, Niraj Shah sold 12,000 shares of Wayfair stock. The shares were sold at an average price of $66.73, for a total transaction of $800,760.00.
  • On Monday, August 21st, Niraj Shah sold 16,000 shares of Wayfair stock. The shares were sold at an average price of $65.98, for a total transaction of $1,055,680.00.
  • On Wednesday, August 16th, Niraj Shah sold 36,058 shares of Wayfair stock. The shares were sold at an average price of $70.57, for a total transaction of $2,544,613.06.
  • On Monday, August 14th, Niraj Shah sold 10,000 shares of Wayfair stock. The shares were sold at an average price of $70.68, for a total transaction of $706,800.00.
  • On Wednesday, August 9th, Niraj Shah sold 55,000 shares of Wayfair stock. The shares were sold at an average price of $76.65, for a total transaction of $4,215,750.00.
  • On Wednesday, August 2nd, Niraj Shah sold 50,000 shares of Wayfair stock. The shares were sold at an average price of $75.51, for a total transaction of $3,775,500.00.
  • On Wednesday, July 26th, Niraj Shah sold 5,000 shares of Wayfair stock. The shares were sold at an average price of $79.28, for a total transaction of $396,400.00.

Wayfair Inc. (W) opened at 81.75 on Friday. Wayfair Inc. has a 1-year low of $27.60 and a 1-year high of $83.89. The stock’s market capitalization is $7.13 billion. The firm’s 50-day moving average is $73.34 and its 200 day moving average is $62.21.

Wayfair (NYSE:W) last issued its earnings results on Tuesday, August 8th. The company reported ($0.26) earnings per share (EPS) 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 business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same period last year, the company earned ($0.43) EPS. The company’s revenue for the quarter was up 42.7% on a year-over-year basis. Equities analysts anticipate that Wayfair Inc. will post ($1.45) EPS for the current fiscal year.

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Several institutional investors and hedge funds have recently modified their holdings of W. Spruce House Investment Management LLC acquired a new stake in shares of Wayfair in the 1st quarter worth $101,225,000. Columbia Wanger Asset Management LLC acquired a new stake in shares of Wayfair in the 1st quarter worth $42,729,000. Vanguard Group Inc. increased its stake in shares of Wayfair by 16.3% in the 2nd quarter. Vanguard Group Inc. now owns 3,028,832 shares of the company’s stock worth $232,857,000 after acquiring an additional 423,631 shares during the last quarter. Lord Abbett & CO. LLC acquired a new stake in shares of Wayfair in the 2nd quarter worth $27,345,000. Finally, Eventide Asset Management LLC increased its stake in shares of Wayfair by 99.7% in the 1st quarter. Eventide Asset Management LLC now owns 699,000 shares of the company’s stock worth $28,303,000 after acquiring an additional 349,000 shares during the last quarter. 66.15% of the stock is owned by institutional investors and hedge funds.

Several equities research analysts have recently issued reports on W shares. Wolfe Research reiterated an “outperform” rating on shares of Wayfair in a research report on Wednesday, August 9th. BidaskClub cut shares of Wayfair from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 4th. Ifs Securities started coverage on shares of Wayfair in a research report on Friday, September 1st. They set an “outperform” rating and a $85.00 price objective on the stock. Piper Jaffray Companies reiterated a “buy” rating and set a $89.00 price objective on shares of Wayfair in a research report on Friday, September 8th. Finally, Credit Suisse Group lifted their price objective on shares of Wayfair from $75.00 to $78.00 and gave the company a “neutral” rating in a research report on Wednesday, August 9th. Ten analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The stock has a consensus 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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