Wayfair Inc. (NYSE:W) SVP Steve Oblak sold 237 shares of the stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $67.21, for a total transaction of $15,928.77. Following the completion of the sale, the senior vice president now directly owns 125,124 shares in the company, valued at $8,409,584.04. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Steve Oblak also recently made the following trade(s):

  • On Monday, September 25th, Steve Oblak sold 300 shares of Wayfair stock. The stock was sold at an average price of $74.36, for a total transaction of $22,308.00.
  • On Friday, September 15th, Steve Oblak sold 4,174 shares of Wayfair stock. The stock was sold at an average price of $79.92, for a total transaction of $333,586.08.
  • On Monday, September 11th, Steve Oblak sold 300 shares of Wayfair stock. The stock was sold at an average price of $77.23, for a total transaction of $23,169.00.
  • On Tuesday, September 12th, Steve Oblak sold 400 shares of Wayfair stock. The stock was sold at an average price of $77.92, for a total transaction of $31,168.00.
  • On Friday, September 1st, Steve Oblak sold 241 shares of Wayfair stock. The stock was sold at an average price of $71.39, for a total transaction of $17,204.99.
  • On Monday, August 28th, Steve Oblak sold 300 shares of Wayfair stock. The stock was sold at an average price of $69.24, for a total transaction of $20,772.00.
  • On Tuesday, August 15th, Steve Oblak sold 805 shares of Wayfair stock. The stock was sold at an average price of $70.68, for a total transaction of $56,897.40.
  • On Tuesday, August 1st, Steve Oblak sold 949 shares of Wayfair stock. The stock was sold at an average price of $75.96, for a total transaction of $72,086.04.
  • On Monday, July 17th, Steve Oblak sold 705 shares of Wayfair stock. The stock was sold at an average price of $76.41, for a total transaction of $53,869.05.

Shares of Wayfair Inc. (NYSE:W) traded down 3.25% during trading on Friday, reaching $68.86. 707,213 shares of the company traded hands. The firm’s 50 day moving average price is $72.94 and its 200-day moving average price is $64.92. Wayfair Inc. has a 52 week low of $27.60 and a 52 week high of $84.19. The company’s market capitalization is $6.00 billion.

Wayfair (NYSE:W) last announced its earnings results on Tuesday, August 8th. The company reported ($0.26) earnings per share for the quarter, topping the consensus estimate of ($0.69) by $0.43. Wayfair had a negative net margin of 5.10% and a negative return on equity of 335.44%. The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the prior year, the firm earned ($0.43) EPS. The firm’s revenue for the quarter was up 42.7% on a year-over-year basis. Equities analysts anticipate that Wayfair Inc. will post ($1.45) EPS for the current fiscal year.

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A number of institutional investors and hedge funds have recently made changes to their positions in the stock. First Personal Financial Services increased its stake in Wayfair by 12.8% during the 2nd quarter. First Personal Financial Services now owns 2,792 shares of the company’s stock worth $215,000 after buying an additional 317 shares during the period. BNP Paribas Arbitrage SA increased its stake in Wayfair by 96.2% during 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 period. Nationwide Fund Advisors increased its stake in Wayfair by 2.1% during the 1st quarter. Nationwide Fund Advisors now owns 33,721 shares of the company’s stock worth $1,365,000 after buying an additional 709 shares during the period. Pacer Advisors Inc. increased its stake in Wayfair by 18.9% during the 2nd quarter. Pacer Advisors Inc. now owns 4,903 shares of the company’s stock worth $377,000 after buying an additional 779 shares during the period. Finally, Ingalls & Snyder LLC increased its stake in Wayfair by 0.7% during the 2nd quarter. Ingalls & Snyder LLC now owns 114,751 shares of the company’s stock worth $8,822,000 after buying an additional 825 shares during the period. 66.15% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts recently weighed in on the stock. Oppenheimer Holdings, Inc. reissued a “buy” rating and issued a $88.00 price objective on shares of Wayfair in a research report on Wednesday, September 13th. DA Davidson assumed coverage on shares of Wayfair in a research report on Wednesday, September 13th. They issued a “neutral” rating and a $78.00 price objective on the stock. BidaskClub lowered shares of Wayfair from a “strong-buy” rating to a “buy” rating in a research report on Friday, August 4th. Piper Jaffray Companies set a $87.00 price objective on shares of Wayfair and gave the stock a “buy” rating in a research report on Friday, July 28th. Finally, Robert W. Baird reissued a “neutral” rating on shares of Wayfair in a research report on Monday, July 3rd. Nine analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $77.07.

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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