Wayfair Inc. (NYSE:W) CEO Niraj Shah sold 1,228 shares of the firm’s stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $64.00, for a total value of $78,592.00. Following the sale, the chief executive officer now owns 61,642 shares in the company, valued at $3,945,088. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

  • On Monday, October 16th, Niraj Shah sold 1,214 shares of Wayfair stock. The shares were sold at an average price of $71.22, for a total value of $86,461.08.
  • On Friday, September 15th, Niraj Shah sold 1,216 shares of Wayfair stock. The shares were sold at an average price of $79.97, for a total value of $97,243.52.
  • 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 value of $972,984.00.
  • On Tuesday, August 29th, Niraj Shah sold 41,000 shares of Wayfair stock. The stock was sold at an average price of $67.87, for a total value of $2,782,670.00.
  • On Wednesday, August 23rd, Niraj Shah sold 12,000 shares of Wayfair stock. The stock was sold at an average price of $66.95, for a total value of $803,400.00.
  • On Tuesday, August 22nd, Niraj Shah sold 12,000 shares of Wayfair stock. The stock was sold at an average price of $66.73, for a total value of $800,760.00.
  • On Monday, August 21st, Niraj Shah sold 16,000 shares of Wayfair stock. The stock was sold at an average price of $65.98, for a total value of $1,055,680.00.

Shares of Wayfair Inc. (W) traded up $2.36 during trading on Wednesday, hitting $64.90. The stock had a trading volume of 1,754,500 shares, compared to its average volume of 1,563,633. The company has a current ratio of 1.19, a quick ratio of 1.17 and a debt-to-equity ratio of 135.98. Wayfair Inc. has a 12 month low of $32.61 and a 12 month high of $84.19.

Wayfair (NYSE:W) last announced its earnings results on Thursday, November 2nd. The company reported ($0.65) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.68) by $0.03. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.21 billion. Wayfair had a negative return on equity of 658.45% and a negative net margin of 5.06%. Wayfair’s revenue for the quarter was up 39.1% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.54) earnings per share. equities research analysts predict that Wayfair Inc. will post -2.58 EPS for the current fiscal year.

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A number of large investors have recently bought and sold shares of W. BNP Paribas Arbitrage SA raised its position 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 buying an additional 667 shares during the period. UBS Group AG raised its position 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 buying an additional 960 shares during the period. Delta Asset Management LLC TN grew its stake in Wayfair by 375.0% in the third quarter. Delta Asset Management LLC TN now owns 1,900 shares of the company’s stock valued at $128,000 after purchasing an additional 1,500 shares in the last quarter. First Mercantile Trust Co. purchased a new position in Wayfair in the second quarter valued at about $138,000. Finally, Advisors Asset Management Inc. grew its stake in Wayfair by 1,512.5% in the third quarter. Advisors Asset Management Inc. now owns 2,322 shares of the company’s stock valued at $157,000 after purchasing an additional 2,178 shares in the last quarter. 66.99% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts have issued reports on W shares. Piper Jaffray Companies set a $87.00 price objective on Wayfair and gave the stock a “buy” rating in a report on Friday, July 28th. Wolfe Research started coverage on Wayfair in a report on Thursday, August 3rd. They set an “outperform” rating and a $88.00 price objective on the stock. Oppenheimer Holdings, Inc. set a $88.00 price target on Wayfair and gave the company a “buy” rating in a report on Friday, August 4th. BidaskClub downgraded Wayfair from a “strong-buy” rating to a “buy” rating in a report on Friday, August 4th. Finally, Canaccord Genuity reiterated a “buy” rating on shares of Wayfair in a report on Tuesday, August 8th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and fifteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $76.01.

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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