Wayfair Inc. (NYSE:W) Insider Sells $47,299.00 in Stock

Wayfair Inc. (NYSE:W) insider John Champlin Mulliken sold 700 shares of Wayfair stock in a transaction on Thursday, October 19th. The shares were sold at an average price of $67.57, for a total value of $47,299.00. Following the transaction, the insider now owns 186,969 shares in the company, valued at approximately $12,633,495.33. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

  • On Thursday, November 2nd, John Champlin Mulliken sold 941 shares of Wayfair stock. The stock was sold at an average price of $62.37, for a total value of $58,690.17.
  • On Thursday, October 26th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $64.73, for a total value of $45,311.00.
  • On Monday, October 16th, John Champlin Mulliken sold 1,673 shares of Wayfair stock. The shares were sold at an average price of $69.17, for a total value of $115,721.41.
  • On Thursday, October 5th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $71.37, for a total value of $49,959.00.
  • On Monday, October 2nd, John Champlin Mulliken sold 936 shares of Wayfair stock. The shares were sold at an average price of $68.61, for a total value of $64,218.96.
  • On Thursday, September 21st, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $82.02, for a total value of $57,414.00.
  • On Friday, September 15th, John Champlin Mulliken sold 5,575 shares of Wayfair stock. The stock was sold at an average price of $79.57, for a total value of $443,602.75.
  • On Thursday, September 7th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $73.70, for a total value of $51,590.00.
  • On Friday, September 1st, John Champlin Mulliken sold 942 shares of Wayfair stock. The stock was sold at an average price of $70.19, for a total value 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 value of $47,285.00.

Shares of Wayfair Inc. (NYSE:W) traded up $3.60 during mid-day trading on Friday, hitting $61.57. 2,193,200 shares of the company were exchanged, compared to its average volume of 1,561,300. The company has a debt-to-equity ratio of 135.98, a quick ratio of 1.17 and a current ratio of 1.19. Wayfair Inc. has a 12 month low of $32.61 and a 12 month high of $84.19.

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

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Several brokerages recently commented on W. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and set a $88.00 price objective on shares of Wayfair in a research note on Wednesday, September 13th. DA Davidson assumed coverage on Wayfair in a report on Wednesday, September 13th. They issued a “neutral” rating and a $78.00 price objective for the company. BidaskClub cut Wayfair from a “strong-buy” rating to a “buy” rating in a report on Friday, August 4th. Piper Jaffray Companies set a $87.00 price target on Wayfair and gave the stock a “buy” rating in a report on Friday, July 28th. Finally, Wedbush reiterated a “buy” rating on shares of Wayfair in a report on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and fifteen have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $76.01.

Several hedge funds have recently added to or reduced their stakes in W. Bank of New York Mellon Corp grew its holdings in shares of Wayfair by 331.0% during the 3rd 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 holdings in 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. Zevenbergen Capital Investments LLC grew its holdings in Wayfair by 542.6% in the 3rd quarter. Zevenbergen Capital Investments LLC now owns 461,190 shares of the company’s stock worth $31,084,000 after acquiring an additional 389,420 shares during the last quarter. Lord Abbett & CO. LLC bought a new stake in Wayfair in the 2nd quarter worth $27,345,000. Finally, Renaissance Technologies LLC grew its holdings in Wayfair by 818.5% in the 2nd quarter. Renaissance Technologies LLC now owns 338,000 shares of the company’s stock worth $25,985,000 after acquiring an additional 301,200 shares during the last quarter. 66.32% of the stock is currently owned by institutional investors.

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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