Wayfair Inc. (NYSE:W) CEO Niraj Shah sold 1,228 shares of Wayfair stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $64.00, for a total value of $78,592.00. Following the completion of the transaction, the chief executive officer now directly owns 61,642 shares of the company’s stock, valued at approximately $3,945,088. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Niraj Shah also recently made the following trade(s):

  • On Monday, October 16th, Niraj Shah sold 1,214 shares of Wayfair stock. The stock was sold at an average price of $71.22, for a total value of $86,461.08.
  • On Friday, September 15th, Niraj Shah sold 1,216 shares of Wayfair stock. The stock was sold at an average price of $79.97, for a total value of $97,243.52.
  • On Monday, August 28th, Niraj Shah sold 14,200 shares of Wayfair stock. The stock was sold at an average price of $68.52, for a total value of $972,984.00.
  • On Tuesday, August 29th, Niraj Shah sold 41,000 shares of Wayfair stock. The stock was sold at an average price of $67.87, for a total value of $2,782,670.00.
  • On Wednesday, August 23rd, Niraj Shah sold 12,000 shares of Wayfair stock. The stock was sold at an average price of $66.95, for a total value of $803,400.00.
  • On Tuesday, August 22nd, Niraj Shah sold 12,000 shares of Wayfair stock. The stock was sold at an average price of $66.73, for a total value of $800,760.00.
  • On Monday, August 21st, Niraj Shah sold 16,000 shares of Wayfair stock. The stock was sold at an average price of $65.98, for a total value of $1,055,680.00.

Wayfair Inc. (NYSE W) traded up $0.49 during mid-day trading on Friday, hitting $66.39. The stock had a trading volume of 1,250,000 shares, compared to its average volume of 2,590,000. Wayfair Inc. has a 12-month low of $32.60 and a 12-month high of $84.19. The company has a debt-to-equity ratio of 135.98, a quick ratio of 1.17 and a current ratio of 1.19.

Wayfair (NYSE:W) last posted its quarterly earnings data on Thursday, November 2nd. The company reported ($0.65) earnings per share for the quarter, beating the Zacks’ 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 firm had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the previous year, the firm earned ($0.54) EPS. The business’s quarterly revenue was up 39.1% on a year-over-year basis. equities analysts forecast that Wayfair Inc. will post -2.58 earnings per share for the current fiscal year.

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Several hedge funds have recently bought and sold shares of the company. Sterling Capital Management LLC purchased a new position in shares of Wayfair during the 3rd quarter valued at about $1,503,000. DF Dent & Co. Inc. lifted its position in shares of Wayfair by 19.1% during the 3rd quarter. DF Dent & Co. Inc. now owns 8,391 shares of the company’s stock valued at $566,000 after buying an additional 1,343 shares in the last quarter. California Public Employees Retirement System lifted its position in shares of Wayfair by 4.9% during the 3rd quarter. California Public Employees Retirement System now owns 119,341 shares of the company’s stock valued at $8,044,000 after buying an additional 5,541 shares in the last quarter. Cubist Systematic Strategies LLC lifted its position in shares of Wayfair by 440.7% during the 3rd quarter. Cubist Systematic Strategies LLC now owns 20,287 shares of the company’s stock valued at $1,367,000 after buying an additional 16,535 shares in the last quarter. Finally, Point72 Asset Management L.P. lifted its position in shares of Wayfair by 78,600.0% during the 3rd quarter. Point72 Asset Management L.P. now owns 14,953 shares of the company’s stock valued at $1,008,000 after buying an additional 14,934 shares in the last quarter. 66.99% of the stock is currently owned by hedge funds and other institutional investors.

W has been the subject of several research analyst reports. Wolfe Research reiterated an “outperform” rating on shares of Wayfair in a report on Wednesday, August 9th. KeyCorp reiterated a “hold” rating on shares of Wayfair in a report on Friday, September 29th. BidaskClub downgraded Wayfair from a “strong-buy” rating to a “buy” rating in a report on Friday, August 4th. Ifs Securities initiated coverage on Wayfair in a report on Friday, September 1st. They issued an “outperform” rating and a $85.00 price objective for the company. Finally, Piper Jaffray Companies reiterated a “buy” rating and issued a $89.00 price objective on shares of Wayfair in a report on Friday, September 8th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and fifteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $76.01.

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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