Insider Selling: Wayfair Inc (W) CTO Sells $61,400.80 in Stock

Wayfair Inc (NYSE:W) CTO John Champlin Mulliken sold 710 shares of the stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $86.48, for a total transaction of $61,400.80. Following the sale, the chief technology officer now owns 8,714 shares of the company’s stock, valued at $753,586.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Tuesday, January 2nd, John Champlin Mulliken sold 196 shares of Wayfair stock. The stock was sold at an average price of $79.84, for a total transaction of $15,648.64.
  • On Thursday, December 28th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $80.86, for a total transaction of $56,602.00.
  • On Thursday, December 21st, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $78.91, for a total transaction of $55,237.00.
  • On Friday, December 15th, John Champlin Mulliken sold 4,809 shares of Wayfair stock. The stock was sold at an average price of $76.40, for a total transaction of $367,407.60.
  • On Thursday, December 7th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $74.08, for a total transaction of $51,856.00.
  • On Thursday, November 30th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $67.99, for a total transaction 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 transaction 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 transaction 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 transaction 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 transaction of $58,690.17.

Wayfair Inc (W) opened at $87.84 on Friday. Wayfair Inc has a 1-year low of $35.36 and a 1-year high of $88.61. 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 (NYSE:W) last released its earnings results on Thursday, November 2nd. The company reported ($0.65) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.68) by $0.03. The firm had revenue of $1.20 billion during the quarter, compared to analyst estimates 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 was up 39.1% on a year-over-year basis. During the same period last year, the business earned ($0.54) earnings per share. research analysts forecast that Wayfair Inc will post -2.78 earnings per share for the current fiscal year.

W has been the subject of several research analyst reports. Robert W. Baird restated a “hold” rating and issued a $73.00 price objective on shares of Wayfair in a report on Thursday, September 28th. KeyCorp restated a “hold” rating on shares of Wayfair in a report on Friday, September 29th. Piper Jaffray Companies set a $89.00 price objective on shares of Wayfair and gave the stock a “buy” rating in a report on Sunday, October 1st. Canaccord Genuity restated a “buy” rating and issued a $90.00 price objective on shares of Wayfair in a report on Sunday, October 1st. Finally, Wedbush restated an “outperform” rating and issued a $82.00 price objective on shares of Wayfair in a report on Wednesday, October 4th. Twelve equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $77.64.

Several institutional investors and hedge funds have recently made changes to their positions in the stock. BNP Paribas Arbitrage SA increased its position in shares of 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 acquiring an additional 667 shares in the last quarter. State Board of Administration of Florida Retirement System increased its position in shares of Wayfair by 1.6% during the third 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. DF Dent & Co. Inc. increased its position in shares of Wayfair by 19.1% during the third quarter. DF Dent & Co. Inc. now owns 8,391 shares of the company’s stock valued at $566,000 after acquiring an additional 1,343 shares in the last quarter. Delta Asset Management LLC TN increased its position in shares of Wayfair by 375.0% during the third quarter. Delta Asset Management LLC TN now owns 1,900 shares of the company’s stock valued at $128,000 after acquiring an additional 1,500 shares in the last quarter. Finally, Aperio Group LLC increased its position in shares of Wayfair by 59.6% during the third quarter. Aperio Group LLC now owns 4,516 shares of the company’s stock valued at $304,000 after acquiring an additional 1,687 shares in the last quarter. 66.97% of the stock is owned by institutional investors.

COPYRIGHT VIOLATION NOTICE: This article was first posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this article on another publication, it was copied illegally and reposted in violation of US & international trademark & copyright legislation. The original version of this article can be viewed at https://www.dispatchtribunal.com/2018/01/20/insider-selling-wayfair-inc-w-cto-sells-61400-80-in-stock.html.

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)

Receive News & Ratings for Wayfair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wayfair and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply