Wayfair Inc. (NYSE:W) insider Edmond Macri sold 3,905 shares of the firm’s stock in a transaction dated Thursday, September 15th. The stock was sold at an average price of $39.58, for a total value of $154,559.90. Following the transaction, the insider now directly owns 236,440 shares in the company, valued at approximately $9,358,295.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

  • On Tuesday, September 20th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $41.66, for a total value of $24,996.00.
  • On Tuesday, September 13th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $38.27, for a total value of $22,962.00.
  • On Tuesday, September 6th, Edmond Macri sold 835 shares of Wayfair stock. The stock was sold at an average price of $39.08, for a total value of $32,631.80.
  • On Tuesday, August 30th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $38.26, for a total value of $22,956.00.
  • On Tuesday, August 23rd, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $38.20, for a total value of $22,920.00.
  • On Tuesday, August 16th, Edmond Macri sold 1,533 shares of Wayfair stock. The stock was sold at an average price of $39.12, for a total value of $59,970.96.
  • On Tuesday, August 9th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $41.94, for a total value of $25,164.00.
  • On Tuesday, August 2nd, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $44.50, for a total value of $26,700.00.
  • On Tuesday, July 26th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $39.50, for a total value of $23,700.00.
  • On Tuesday, July 19th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $40.24, for a total value of $24,144.00.

Wayfair Inc. (NYSE:W) opened at 42.76 on Thursday. Wayfair Inc. has a 12 month low of $28.85 and a 12 month high of $50.00. The firm’s market capitalization is $3.63 billion. The company’s 50 day moving average price is $40.16 and its 200 day moving average price is $40.39.

Wayfair (NYSE:W) last posted its earnings results on Tuesday, August 9th. The company reported ($0.43) EPS for the quarter, missing the consensus estimate of ($0.41) by $0.02. Wayfair had a negative return on equity of 56.95% and a negative net margin of 4.20%. The firm earned $755.70 million during the quarter, compared to the consensus estimate of $782.43 million. During the same quarter last year, the company posted ($0.15) EPS. Wayfair’s revenue for the quarter was up 60.0% on a year-over-year basis. Analysts anticipate that Wayfair Inc. will post ($1.67) EPS for the current year.

A number of hedge funds and other institutional investors have recently bought and sold shares of W. BlackRock Inc. boosted its position in Wayfair by 70.0% in the second quarter. BlackRock Inc. now owns 2,689 shares of the company’s stock valued at $105,000 after buying an additional 1,107 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. purchased a new position in Wayfair during the second quarter valued at approximately $107,000. Legal & General Group Plc boosted its position in Wayfair by 46.8% in the first quarter. Legal & General Group Plc now owns 2,957 shares of the company’s stock valued at $124,000 after buying an additional 943 shares during the period. Teacher Retirement System of Texas boosted its position in Wayfair by 42.4% in the second quarter. Teacher Retirement System of Texas now owns 3,905 shares of the company’s stock valued at $152,000 after buying an additional 1,163 shares during the period. Finally, Quadrature Capital Ltd purchased a new position in Wayfair during the first quarter valued at approximately $291,000. Hedge funds and other institutional investors own 71.84% of the company’s stock.

A number of research firms recently issued reports on W. Maxim Group set a $49.00 price target on Wayfair and gave the stock a “buy” rating in a report on Tuesday, August 9th. Veritas Investment Research reissued a “hold” rating on shares of Wayfair in a report on Friday, August 5th. Vetr lowered Wayfair from a “strong-buy” rating to a “buy” rating and set a $48.00 price target on the stock. in a report on Wednesday, June 8th. Zacks Investment Research raised Wayfair from a “sell” rating to a “hold” rating in a report on Wednesday. Finally, Cowen and Company reissued a “buy” rating and set a $61.00 price target on shares of Wayfair in a report on Tuesday, June 21st. Fourteen analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $51.49.

Wayfair Company Profile

Wayfair Inc (Wayfair) offers browsing, merchandising, product discovery and prices for a range of products from suppliers across various brands, including Wayfair.com, Joss & Main, AllModern, DwellStudio and Birch Lane. The Company offers a range of furniture, home furnishings, decor and goods. Wayfair produces editorial content both in-house and through third parties.

5 Day Chart for NYSE:W

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