Wayfair Inc. (NYSE:W) COO James Savarese sold 4,670 shares of the firm’s stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of $79.37, for a total value of $370,657.90. Following the transaction, the chief operating officer now owns 534,785 shares in the company, valued at $42,445,885.45. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

James Savarese also recently made the following trade(s):

  • On Tuesday, August 15th, James Savarese sold 1,215 shares of Wayfair stock. The stock was sold at an average price of $70.33, for a total value of $85,450.95.
  • On Monday, August 7th, James Savarese sold 21,663 shares of Wayfair stock. The stock was sold at an average price of $80.32, for a total value of $1,739,972.16.
  • On Friday, August 4th, James Savarese sold 37,437 shares of Wayfair stock. The stock was sold at an average price of $80.15, for a total value of $3,000,575.55.
  • On Thursday, July 27th, James Savarese sold 11,418 shares of Wayfair stock. The stock was sold at an average price of $79.93, for a total value of $912,640.74.
  • On Wednesday, July 26th, James Savarese sold 29,482 shares of Wayfair stock. The stock was sold at an average price of $80.00, for a total value of $2,358,560.00.
  • On Monday, July 17th, James Savarese sold 1,213 shares of Wayfair stock. The stock was sold at an average price of $76.53, for a total value of $92,830.89.

Wayfair Inc. (NYSE W) opened at 83.77 on Thursday. The stock’s market cap is $7.30 billion. The stock has a 50 day moving average price of $73.34 and a 200-day moving average price of $62.21. Wayfair Inc. has a 1-year low of $27.60 and a 1-year high of $84.19.

Wayfair (NYSE:W) last released its earnings results on Tuesday, August 8th. The company reported ($0.26) EPS for the quarter, beating analysts’ consensus estimates of ($0.69) by $0.43. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.06 billion. Wayfair had a negative return on equity of 335.44% and a negative net margin of 5.10%. The company’s quarterly revenue was up 42.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.43) earnings per share. On average, equities analysts expect that Wayfair Inc. will post ($1.45) EPS for the current year.

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Several research firms recently issued reports on W. Piper Jaffray Companies set a $87.00 price target on Wayfair and gave the stock a “buy” rating in a research report on Saturday, July 1st. Canaccord Genuity restated a “buy” rating on shares of Wayfair in a research report on Tuesday, August 8th. Buckingham Research restated a “buy” rating and set a $95.00 price target on shares of Wayfair in a research report on Thursday, August 10th. BidaskClub lowered Wayfair from a “buy” rating to a “hold” rating in a research report on Friday, August 11th. Finally, Credit Suisse Group raised their price target on Wayfair from $75.00 to $78.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 9th. Ten research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. Wayfair presently has a consensus rating of “Buy” and an average price target of $72.84.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Lord Abbett & CO. LLC purchased a new stake in shares of Wayfair in the second quarter valued at approximately $27,345,000. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Wayfair in the second quarter valued at approximately $277,000. Verition Fund Management LLC purchased a new stake in shares of Wayfair in the second quarter valued at approximately $251,000. California State Teachers Retirement System boosted its holdings in shares of Wayfair by 10.0% in the second quarter. California State Teachers Retirement System now owns 68,366 shares of the company’s stock valued at $5,256,000 after purchasing an additional 6,224 shares during the period. Finally, BlueCrest Capital Management Ltd purchased a new stake in shares of Wayfair in the second quarter valued at approximately $3,466,000. Hedge funds and other institutional investors own 66.15% of the company’s stock.

Wayfair Company Profile

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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