Wayfair Inc. (NYSE:W) SVP Steve Oblak sold 300 shares of the stock in a transaction that occurred on Monday, October 9th. The shares were sold at an average price of $68.84, for a total transaction of $20,652.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Monday, October 2nd, Steve Oblak sold 237 shares of Wayfair stock. The shares were sold at an average price of $67.21, for a total transaction of $15,928.77.
  • On Monday, September 25th, Steve Oblak sold 300 shares of Wayfair stock. The shares were sold at an average price of $74.36, for a total transaction of $22,308.00.
  • On Friday, September 15th, Steve Oblak sold 4,174 shares of Wayfair stock. The shares were sold at an average price of $79.92, for a total transaction of $333,586.08.
  • 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction of $53,869.05.

Shares of Wayfair Inc. (W) opened at 70.69 on Friday. The company’s 50-day moving average is $73.05 and its 200-day moving average is $65.96. Wayfair Inc. has a 52 week low of $27.60 and a 52 week high of $84.19. The firm’s market cap is $6.16 billion.

Wayfair (NYSE:W) last issued its quarterly 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. The business had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.06 billion. Wayfair had a negative net margin of 5.10% and a negative return on equity of 335.44%. The business’s revenue was up 42.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.43) earnings per share. Analysts forecast that Wayfair Inc. will post ($1.45) EPS for the current fiscal year.

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Several large investors have recently modified their holdings of the stock. First Personal Financial Services increased its stake in Wayfair by 12.8% during the second quarter. First Personal Financial Services now owns 2,792 shares of the company’s stock valued at $215,000 after purchasing an additional 317 shares during the last quarter. BNP Paribas Arbitrage SA increased its stake in Wayfair by 96.2% during the second quarter. BNP Paribas Arbitrage SA now owns 1,360 shares of the company’s stock valued at $105,000 after purchasing an additional 667 shares during the last quarter. Pacer Advisors Inc. increased its stake in Wayfair by 18.9% during the second quarter. Pacer Advisors Inc. now owns 4,903 shares of the company’s stock valued at $377,000 after purchasing an additional 779 shares during the last quarter. Ingalls & Snyder LLC increased its stake in Wayfair by 0.7% during the second quarter. Ingalls & Snyder LLC now owns 114,751 shares of the company’s stock valued at $8,822,000 after purchasing an additional 825 shares during the last quarter. Finally, UBS Group AG increased its stake in Wayfair by 55.5% during the first quarter. UBS Group AG now owns 2,690 shares of the company’s stock valued at $109,000 after purchasing an additional 960 shares during the last quarter. Institutional investors and hedge funds own 66.15% of the company’s stock.

A number of equities research analysts have commented on W shares. Gordon Haskett downgraded shares of Wayfair from a “buy” rating to an “accumulate” rating and increased their price objective for the company from $70.00 to $85.00 in a research report on Tuesday, June 27th. Piper Jaffray Companies set a $87.00 price objective on shares of Wayfair and gave the company a “buy” rating in a research report on Saturday, July 1st. Canaccord Genuity reissued a “buy” rating on shares of Wayfair in a research report on Tuesday, August 8th. BidaskClub downgraded shares of Wayfair from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 4th. Finally, Oppenheimer Holdings, Inc. set a $88.00 price objective on shares of Wayfair and gave the company a “buy” rating in a research report on Friday, August 4th. Nine research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $77.07.

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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