Wayfair Inc (NYSE:W) insider Edmond Macri sold 600 shares of the business’s stock in a transaction dated Tuesday, January 9th. The shares were sold at an average price of $81.89, for a total value of $49,134.00. Following the completion of the sale, the insider now owns 804 shares in the company, valued at $65,839.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Edmond Macri also recently made the following trade(s):

  • On Tuesday, January 2nd, Edmond Macri sold 796 shares of Wayfair stock. The shares were sold at an average price of $79.87, for a total value of $63,576.52.
  • On Tuesday, December 26th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $80.36, for a total value of $48,216.00.
  • On Friday, December 15th, Edmond Macri sold 5,043 shares of Wayfair stock. The shares were sold at an average price of $76.50, for a total value of $385,789.50.
  • On Tuesday, December 12th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $73.84, for a total value of $44,304.00.
  • On Tuesday, November 28th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $68.80, for a total value of $41,280.00.
  • On Tuesday, November 7th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $64.17, for a total value of $38,502.00.
  • On Tuesday, October 31st, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $69.49, for a total value of $41,694.00.
  • On Tuesday, October 24th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $66.69, for a total value of $40,014.00.
  • On Tuesday, October 17th, Edmond Macri sold 1,571 shares of Wayfair stock. The shares were sold at an average price of $70.03, for a total value of $110,017.13.

Wayfair Inc (NYSE:W) traded up $0.19 during trading hours on Friday, reaching $85.58. The company’s stock had a trading volume of 1,135,564 shares, compared to its average volume of 1,401,812. The company has a quick ratio of 1.17, a current ratio of 1.19 and a debt-to-equity ratio of 135.98. The company has a market capitalization of $7,499.80, a price-to-earnings ratio of -34.23 and a beta of 0.96. Wayfair Inc has a 12-month low of $35.36 and a 12-month high of $88.06.

Wayfair (NYSE:W) last released its quarterly earnings data on Thursday, November 2nd. The company reported ($0.65) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.68) by $0.03. The firm 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%. The business’s revenue for the quarter was up 39.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.54) earnings per share. equities research analysts forecast that Wayfair Inc will post -2.78 earnings per share for the current fiscal year.

Large investors have recently added to or reduced their stakes in the business. Artisan Partners Limited Partnership acquired a new position in shares of Wayfair in the third quarter valued at approximately $81,855,000. Bank of New York Mellon Corp grew its position in shares of Wayfair by 331.0% in the third quarter. Bank of New York Mellon Corp now owns 583,843 shares of the company’s stock valued at $39,351,000 after purchasing an additional 448,390 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Wayfair by 16.3% in the second quarter. Vanguard Group Inc. now owns 3,028,832 shares of the company’s stock valued at $232,857,000 after purchasing an additional 423,631 shares during the last quarter. Zevenbergen Capital Investments LLC grew its position in shares of Wayfair by 542.6% in the third quarter. Zevenbergen Capital Investments LLC now owns 461,190 shares of the company’s stock valued at $31,084,000 after purchasing an additional 389,420 shares during the last quarter. Finally, Lord Abbett & CO. LLC acquired a new position in shares of Wayfair in the second quarter valued at approximately $27,345,000. Hedge funds and other institutional investors own 66.73% of the company’s stock.

Several analysts recently issued reports on W shares. Cowen reiterated a “buy” rating on shares of Wayfair in a report on Friday. Zacks Investment Research upgraded Wayfair from a “sell” rating to a “hold” rating in a report on Saturday, January 6th. Citigroup reiterated a “hold” rating and set a $80.00 target price on shares of Wayfair in a report on Friday, January 5th. Bank of America lowered Wayfair from a “buy” rating to a “neutral” rating and set a $88.00 target price on the stock. in a report on Wednesday, January 3rd. Finally, Wedbush reiterated an “outperform” rating on shares of Wayfair in a report on Wednesday, December 27th. Twelve investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $77.64.

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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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