Wayfair Inc (NYSE:W) insider John Champlin Mulliken sold 941 shares of the business’s stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $62.37, for a total value of $58,690.17. Following the completion of the sale, the insider now owns 1,000 shares of the company’s stock, valued at $62,370. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

John Champlin Mulliken also recently made the following trade(s):

  • On Thursday, October 26th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $64.73, for a total value of $45,311.00.
  • On Thursday, October 19th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $67.57, for a total value of $47,299.00.
  • On Monday, October 16th, John Champlin Mulliken sold 1,673 shares of Wayfair stock. The shares were sold at an average price of $69.17, for a total value of $115,721.41.
  • On Thursday, October 5th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $71.37, for a total value of $49,959.00.
  • On Monday, October 2nd, John Champlin Mulliken sold 936 shares of Wayfair stock. The shares were sold at an average price of $68.61, for a total value of $64,218.96.
  • On Thursday, September 21st, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $82.02, for a total value of $57,414.00.
  • On Friday, September 15th, John Champlin Mulliken sold 5,575 shares of Wayfair stock. The shares were sold at an average price of $79.57, for a total value of $443,602.75.
  • On Thursday, September 7th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $73.70, for a total value of $51,590.00.
  • On Friday, September 1st, John Champlin Mulliken sold 942 shares of Wayfair stock. The shares were sold at an average price of $70.19, for a total value of $66,118.98.
  • On Thursday, August 24th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $67.55, for a total value of $47,285.00.

Shares of Wayfair Inc (NYSE W) traded down $6.91 on Friday, reaching $67.50. The company’s stock had a trading volume of 6,132,925 shares, compared to its average volume of 2,634,480. Wayfair Inc has a fifty-two week low of $27.60 and a fifty-two week high of $84.19. The company has a quick ratio of 0.67, a current ratio of 0.70 and a debt-to-equity ratio of 6.93.

Wayfair (NYSE:W) last issued its earnings results on Thursday, November 2nd. The company reported ($0.65) earnings per share (EPS) for the quarter, topping 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 analysts’ expectations of $1.21 billion. During the same quarter in the prior year, the firm earned ($0.54) EPS. The business’s revenue for the quarter was up 39.1% compared to the same quarter last year. research analysts forecast that Wayfair Inc will post -2.27 earnings per share for the current fiscal year.

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A number of institutional investors and hedge funds have recently modified their holdings of W. FMR LLC grew its position in shares of Wayfair by 2.7% in the 2nd quarter. FMR LLC now owns 7,757,688 shares of the company’s stock valued at $596,411,000 after buying an additional 207,443 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Wayfair by 16.3% in the 2nd quarter. Vanguard Group Inc. now owns 3,028,832 shares of the company’s stock valued at $232,857,000 after buying an additional 423,631 shares during the last quarter. Baillie Gifford & Co. grew its position in shares of Wayfair by 1.3% in the 3rd quarter. Baillie Gifford & Co. now owns 1,938,701 shares of the company’s stock valued at $130,669,000 after buying an additional 24,027 shares during the last quarter. Allen Investment Management LLC grew its position in shares of Wayfair by 25.7% in the 2nd quarter. Allen Investment Management LLC now owns 880,000 shares of the company’s stock valued at $67,654,000 after buying an additional 180,000 shares during the last quarter. Finally, State Street Corp grew its position in shares of Wayfair by 1.8% in the 1st quarter. State Street Corp now owns 695,502 shares of the company’s stock valued at $28,158,000 after buying an additional 12,398 shares during the last quarter. 66.24% of the stock is owned by institutional investors and hedge funds.

Several equities analysts have weighed in on the company. Buckingham Research reaffirmed a “buy” rating and issued 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 target on Wayfair and gave the stock a “buy” rating in a report on Friday, August 4th. Canaccord Genuity reissued a “buy” rating and set a $90.00 price target on shares of Wayfair in a report on Sunday, October 1st. Finally, Citigroup Inc lowered their price target on Wayfair from $80.00 to $66.00 and set a “buy” rating for the company in a report on Friday. Nine investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $76.54.

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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