Wayfair Inc. (W) Insider Sells $21,489.00 in Stock

Wayfair Inc. (NYSE:W) insider Steve Oblak sold 300 shares of Wayfair stock in a transaction on Monday, December 4th. The shares were sold at an average price of $71.63, for a total value of $21,489.00. Following the transaction, the insider now owns 125,295 shares in the company, valued at approximately $8,974,880.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

  • On Monday, November 20th, Steve Oblak sold 300 shares of Wayfair stock. The shares were sold at an average price of $66.57, for a total value of $19,971.00.
  • On Monday, October 23rd, Steve Oblak sold 300 shares of Wayfair stock. The shares were sold at an average price of $67.47, for a total value of $20,241.00.
  • On Monday, October 16th, Steve Oblak sold 406 shares of Wayfair stock. The shares were sold at an average price of $71.33, for a total value of $28,959.98.
  • On Monday, October 9th, Steve Oblak sold 300 shares of Wayfair stock. The shares were sold at an average price of $68.84, for a total value of $20,652.00.
  • 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 value 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 value 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 value 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 value 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 value of $31,168.00.

Wayfair Inc. (NYSE W) traded up $1.15 during midday trading on Friday, hitting $74.92. The company had a trading volume of 720,200 shares, compared to its average volume of 1,541,651. Wayfair Inc. has a fifty-two week low of $34.30 and a fifty-two week high of $84.19. The company has a quick ratio of 1.17, a current ratio of 1.19 and a debt-to-equity ratio of 135.98.

Wayfair (NYSE:W) last posted its quarterly earnings data on Thursday, November 2nd. The company reported ($0.65) earnings per share for the quarter, topping the consensus estimate of ($0.68) by $0.03. Wayfair had a negative return on equity of 658.45% and a negative net margin of 5.06%. The business had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.21 billion. During the same quarter in the previous year, the firm earned ($0.54) EPS. The firm’s revenue was up 39.1% compared to the same quarter last year. analysts expect that Wayfair Inc. will post -2.63 EPS for the current year.

Several analysts have recently issued reports on W shares. KeyCorp reiterated a “hold” rating on shares of Wayfair in a research note on Friday, September 29th. Ifs Securities started coverage on Wayfair in a research note on Friday, September 1st. They set an “outperform” rating and a $85.00 price target for the company. Piper Jaffray Companies reiterated a “buy” rating and set a $89.00 price target on shares of Wayfair in a research note on Friday, September 8th. Moffett Nathanson started coverage on Wayfair in a research note on Monday. They set a “buy” rating for the company. Finally, Oppenheimer reiterated a “buy” rating and set a $88.00 price target on shares of Wayfair in a research note on Wednesday, September 13th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and sixteen have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $76.01.

Several hedge funds and other institutional investors have recently bought and sold shares of W. First Personal Financial Services raised its holdings in Wayfair by 12.8% in the 2nd quarter. First Personal Financial Services now owns 2,792 shares of the company’s stock valued at $215,000 after acquiring an additional 317 shares in the last quarter. BNP Paribas Arbitrage SA raised its holdings in Wayfair by 96.2% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 1,360 shares of the company’s stock valued at $105,000 after acquiring an additional 667 shares in the last quarter. Pacer Advisors Inc. raised its holdings in Wayfair by 18.9% in the 2nd quarter. Pacer Advisors Inc. now owns 4,903 shares of the company’s stock valued at $377,000 after acquiring an additional 779 shares in the last quarter. State Board of Administration of Florida Retirement System raised its holdings in Wayfair by 1.6% in the 3rd quarter. State Board of Administration of Florida Retirement System now owns 51,345 shares of the company’s stock valued at $3,461,000 after acquiring an additional 800 shares in the last quarter. Finally, UBS Group AG raised its holdings in Wayfair by 55.5% in the 1st quarter. UBS Group AG now owns 2,690 shares of the company’s stock valued at $109,000 after acquiring an additional 960 shares in the last quarter. 66.97% of the stock is owned by institutional investors and hedge funds.

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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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