Wayfair Inc. (NYSE:W) insider John Champlin Mulliken sold 700 shares of the business’s stock in a transaction that occurred on Thursday, September 21st. The shares were sold at an average price of $82.02, for a total transaction of $57,414.00. Following the sale, the insider now owns 188,478 shares of the company’s stock, valued at $15,458,965.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Friday, September 15th, John Champlin Mulliken sold 5,575 shares of Wayfair stock. The shares were sold at an average price of $79.57, for a total transaction of $443,602.75.
  • On Thursday, September 7th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $73.70, for a total transaction of $51,590.00.
  • On Friday, September 1st, John Champlin Mulliken sold 942 shares of Wayfair stock. The shares were sold at an average price of $70.19, for a total transaction of $66,118.98.
  • On Thursday, August 24th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $67.55, for a total transaction of $47,285.00.
  • On Thursday, August 17th, John Champlin Mulliken sold 1,672 shares of Wayfair stock. The shares were sold at an average price of $69.00, for a total transaction of $115,368.00.
  • On Thursday, August 10th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $70.23, for a total transaction of $49,161.00.
  • On Friday, August 4th, John Champlin Mulliken sold 3,700 shares of Wayfair stock. The shares were sold at an average price of $78.95, for a total transaction of $292,115.00.
  • On Tuesday, August 1st, John Champlin Mulliken sold 241 shares of Wayfair stock. The shares were sold at an average price of $76.75, for a total transaction of $18,496.75.
  • On Thursday, July 27th, John Champlin Mulliken sold 1,000 shares of Wayfair stock. The shares were sold at an average price of $79.96, for a total transaction of $79,960.00.
  • On Wednesday, July 26th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $80.07, for a total transaction of $56,049.00.

Wayfair (NYSE:W) last released its quarterly earnings results on Tuesday, August 8th. The company reported ($0.26) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $1.06 billion. During the same quarter last 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.

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W has been the topic of several analyst reports. Oppenheimer Holdings, Inc. raised shares of Wayfair from a “market perform” rating to an “outperform” rating and set a $80.00 price target on the stock in a report on Friday, June 2nd. CIBC raised shares of Wayfair from a “market perform” rating to an “outperform” rating in a report on Friday, June 2nd. Piper Jaffray Companies reaffirmed an “overweight” rating and set a $87.00 price target (up previously from $70.00) on shares of Wayfair in a report on Wednesday, June 14th. Maxim Group downgraded 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 report on Monday, June 19th. They noted that the move was a valuation call. Finally, Gordon Haskett downgraded 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 report on Tuesday, June 27th. Ten investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Wayfair has an average rating of “Buy” and an average price target of $72.84.

Hedge funds have recently made changes to their positions in the business. Ameriprise Financial Inc. purchased a new position in Wayfair in the 1st quarter valued at $1,650,000. Utah Retirement Systems purchased a new position in Wayfair in the 2nd quarter valued at $539,000. Old Mutual Global Investors UK Ltd. purchased a new position in Wayfair in the 2nd quarter valued at $738,000. Baillie Gifford & Co. lifted its holdings in Wayfair by 5.7% in the 2nd quarter. Baillie Gifford & Co. now owns 1,914,674 shares of the company’s stock valued at $147,200,000 after purchasing an additional 102,460 shares in the last quarter. Finally, Pacer Advisors Inc. lifted its holdings in Wayfair by 45.6% in the 1st quarter. Pacer Advisors Inc. now owns 4,124 shares of the company’s stock valued at $167,000 after purchasing an additional 1,292 shares in the last quarter. Institutional investors own 66.15% of the company’s stock.

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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