Insider Selling: Wayfair Inc (NYSE:W) Insider Sells 700 Shares of Stock

Wayfair Inc (NYSE:W) insider John Champlin Mulliken sold 700 shares of the firm’s stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $78.91, for a total value of $55,237.00. Following the completion of the sale, the insider now directly owns 55,926 shares in the company, valued at approximately $4,413,120.66. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

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

  • On Tuesday, January 2nd, John Champlin Mulliken sold 196 shares of Wayfair stock. The shares were sold at an average price of $79.84, for a total value of $15,648.64.
  • On Thursday, December 28th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $80.86, for a total value of $56,602.00.
  • On Friday, December 15th, John Champlin Mulliken sold 4,809 shares of Wayfair stock. The shares were sold at an average price of $76.40, for a total value of $367,407.60.
  • On Thursday, December 7th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $74.08, for a total value of $51,856.00.
  • On Thursday, November 30th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $67.99, for a total value of $47,593.00.
  • On Friday, November 24th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $68.19, for a total value of $47,733.00.
  • On Wednesday, November 15th, John Champlin Mulliken sold 990 shares of Wayfair stock. The stock was sold at an average price of $63.53, for a total value of $62,894.70.
  • On Thursday, November 9th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $57.01, for a total value of $39,907.00.
  • 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 stock was sold at an average price of $64.73, for a total value of $45,311.00.

Shares of Wayfair Inc (W) opened at $85.58 on Friday. Wayfair Inc has a 12-month low of $35.36 and a 12-month high of $88.06. The company has a market capitalization of $7,520.00, a PE ratio of -34.37 and a beta of 0.96. The company has a debt-to-equity ratio of 135.98, a current ratio of 1.19 and a quick ratio of 1.17.

Wayfair (NYSE:W) last released its quarterly earnings results on Thursday, November 2nd. The company reported ($0.65) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.68) by $0.03. The business had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.21 billion. Wayfair had a negative return on equity of 658.45% and a negative net margin of 5.06%. The company’s quarterly revenue was up 39.1% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.54) EPS. equities analysts anticipate that Wayfair Inc will post -2.78 earnings per share for the current fiscal year.

Hedge funds have recently added to or reduced their stakes in the business. BNP Paribas Arbitrage SA boosted its stake in shares of Wayfair by 96.2% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 1,360 shares of the company’s stock worth $105,000 after buying an additional 667 shares during the last quarter. First Mercantile Trust Co. purchased a new position in shares of Wayfair in the 2nd quarter worth approximately $138,000. Delta Asset Management LLC TN boosted its stake in shares of Wayfair by 375.0% in the 3rd quarter. Delta Asset Management LLC TN now owns 1,900 shares of the company’s stock worth $128,000 after buying an additional 1,500 shares during the last quarter. Advisors Asset Management Inc. boosted its stake in shares of Wayfair by 1,512.5% in the 3rd quarter. Advisors Asset Management Inc. now owns 2,322 shares of the company’s stock worth $157,000 after buying an additional 2,178 shares during the last quarter. Finally, Teacher Retirement System of Texas purchased a new position in shares of Wayfair in the 2nd quarter worth approximately $217,000. Institutional investors and hedge funds own 66.73% of the company’s stock.

Several brokerages have commented on W. Wedbush reaffirmed an “outperform” rating on shares of Wayfair in a report on Wednesday, December 27th. Cowen reissued a “buy” rating on shares of Wayfair in a research report on Friday. Zacks Investment Research raised Wayfair from a “sell” rating to a “hold” rating in a research report on Saturday, January 6th. Canaccord Genuity reissued a “buy” rating and issued a $90.00 price objective on shares of Wayfair in a research report on Sunday, October 1st. Finally, Piper Jaffray Companies set a $89.00 price objective on Wayfair and gave the stock a “buy” rating in a research report on Sunday, October 1st. Twelve investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target 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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