Wayfair Inc (NYSE:W) insider Edmond Macri sold 600 shares of the firm’s stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $69.49, for a total value of $41,694.00. Following the transaction, the insider now owns 1,000 shares in the company, valued at approximately $69,490. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

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

  • On Tuesday, October 24th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $66.69, for a total value of $40,014.00.
  • On Tuesday, October 17th, Edmond Macri sold 1,571 shares of Wayfair stock. The shares were sold at an average price of $70.03, for a total value of $110,017.13.
  • On Tuesday, October 10th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $65.76, for a total value of $39,456.00.
  • On Tuesday, October 3rd, Edmond Macri sold 844 shares of Wayfair stock. The shares were sold at an average price of $69.61, for a total value of $58,750.84.
  • On Tuesday, September 26th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $71.51, for a total value of $42,906.00.
  • On Tuesday, September 19th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $79.89, for a total value of $47,934.00.
  • On Tuesday, September 12th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $78.26, for a total value of $46,956.00.
  • On Tuesday, September 5th, Edmond Macri sold 842 shares of Wayfair stock. The shares were sold at an average price of $72.17, for a total value of $60,767.14.
  • On Tuesday, August 22nd, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $66.36, for a total value of $39,816.00.
  • On Tuesday, August 15th, Edmond Macri sold 1,570 shares of Wayfair stock. The shares were sold at an average price of $70.70, for a total value of $110,999.00.

Wayfair Inc (NYSE:W) traded down $6.91 during mid-day trading on Friday, hitting $67.50. The stock had a trading volume of 6,132,925 shares, compared to its average volume of 2,634,480. Wayfair Inc has a 1 year low of $27.60 and a 1 year high of $84.19. The company has a debt-to-equity ratio of 6.93, a current ratio of 0.70 and a quick ratio of 0.67.

Wayfair (NYSE:W) last issued its earnings results on Thursday, November 2nd. The company reported ($0.65) EPS for the quarter, beating analysts’ consensus estimates of ($0.68) by $0.03. Wayfair had a negative return on equity of 505.51% and a negative net margin of 5.06%. The business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same period in the previous year, the company posted ($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 -2.27 earnings per share for the current year.

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A number of institutional investors and hedge funds have recently modified their holdings of W. Bank of New York Mellon Corp increased its holdings in Wayfair by 2.5% during the 1st quarter. Bank of New York Mellon Corp now owns 129,187 shares of the company’s stock worth $5,231,000 after purchasing an additional 3,160 shares in the last quarter. Ameriprise Financial Inc. purchased a new position in shares of Wayfair in the 1st quarter worth approximately $1,650,000. Parametric Portfolio Associates LLC boosted its stake in shares of Wayfair by 407.4% in the 1st quarter. Parametric Portfolio Associates LLC now owns 51,285 shares of the company’s stock worth $2,077,000 after buying an additional 41,178 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of Wayfair by 12.8% in the 1st quarter. Legal & General Group Plc now owns 11,529 shares of the company’s stock worth $466,000 after buying an additional 1,312 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in Wayfair by 4.6% in the first quarter. Vanguard Group Inc. now owns 2,605,201 shares of the company’s stock valued at $105,484,000 after purchasing an additional 113,613 shares during the last quarter. 66.24% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts recently weighed in on the company. Buckingham Research reissued a “buy” rating and set a $95.00 price objective on shares of Wayfair in a report on Thursday, August 10th. Piper Jaffray Companies set a $87.00 price objective on Wayfair and gave the company a “buy” rating in a report on Friday, July 28th. Oppenheimer Holdings, Inc. set a $88.00 price objective on Wayfair and gave the company a “buy” rating in a report on Friday, August 4th. Canaccord Genuity reissued a “buy” rating and set a $90.00 price objective on shares of Wayfair in a report on Sunday, October 1st. Finally, Citigroup Inc cut their price objective on Wayfair from $80.00 to $66.00 and set a “buy” rating on the stock in a report on Friday. Nine equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. Wayfair currently has an average rating of “Buy” and a consensus target price of $76.54.

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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