Wayfair Inc (NYSE:W) insider Edmond Macri sold 300 shares of the stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $124.63, for a total transaction of $37,389.00. Following the completion of the transaction, the insider now directly owns 950 shares in the company, valued at $118,398.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Tuesday, August 6th, Edmond Macri sold 300 shares of Wayfair stock. The shares were sold at an average price of $124.33, for a total transaction of $37,299.00.
  • On Tuesday, July 30th, Edmond Macri sold 300 shares of Wayfair stock. The shares were sold at an average price of $134.23, for a total transaction of $40,269.00.
  • On Tuesday, July 23rd, Edmond Macri sold 300 shares of Wayfair stock. The shares were sold at an average price of $147.01, for a total transaction of $44,103.00.
  • On Tuesday, July 16th, Edmond Macri sold 1,673 shares of Wayfair stock. The shares were sold at an average price of $149.30, for a total transaction of $249,778.90.
  • On Tuesday, July 9th, Edmond Macri sold 300 shares of Wayfair stock. The shares were sold at an average price of $141.40, for a total transaction of $42,420.00.
  • On Tuesday, July 2nd, Edmond Macri sold 300 shares of Wayfair stock. The shares were sold at an average price of $144.25, for a total transaction of $43,275.00.
  • On Tuesday, June 25th, Edmond Macri sold 300 shares of Wayfair stock. The shares were sold at an average price of $152.13, for a total transaction of $45,639.00.
  • On Tuesday, June 18th, Edmond Macri sold 300 shares of Wayfair stock. The shares were sold at an average price of $161.66, for a total transaction of $48,498.00.
  • On Saturday, June 15th, Edmond Macri sold 5,012 shares of Wayfair stock. The shares were sold at an average price of $156.06, for a total transaction of $782,172.72.
  • On Tuesday, June 11th, Edmond Macri sold 300 shares of Wayfair stock. The shares were sold at an average price of $158.57, for a total transaction of $47,571.00.

Wayfair stock traded up $3.08 during trading hours on Friday, reaching $110.42. 2,860,600 shares of the stock were exchanged, compared to its average volume of 2,282,699. The company has a market cap of $10.35 billion, a P/E ratio of -19.68 and a beta of 1.88. Wayfair Inc has a twelve month low of $76.60 and a twelve month high of $173.72. The stock has a 50 day moving average of $137.14 and a two-hundred day moving average of $145.49.

Wayfair (NYSE:W) last announced its quarterly earnings data on Thursday, August 1st. The company reported ($1.35) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.97) by $0.62. The firm had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.26 billion. The company’s quarterly revenue was up 41.6% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.77) earnings per share. On average, sell-side analysts predict that Wayfair Inc will post -9.36 earnings per share for the current year.

Several institutional investors and hedge funds have recently bought and sold shares of the company. PNC Financial Services Group Inc. boosted its stake in shares of Wayfair by 40.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 294 shares of the company’s stock valued at $45,000 after purchasing an additional 84 shares in the last quarter. Advisor Group Inc. boosted its stake in shares of Wayfair by 9.0% in the 2nd quarter. Advisor Group Inc. now owns 1,076 shares of the company’s stock valued at $156,000 after purchasing an additional 89 shares in the last quarter. World Asset Management Inc boosted its stake in shares of Wayfair by 5.5% in the 2nd quarter. World Asset Management Inc now owns 2,045 shares of the company’s stock valued at $299,000 after purchasing an additional 107 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its stake in shares of Wayfair by 1.8% in the 1st quarter. Nomura Asset Management Co. Ltd. now owns 8,090 shares of the company’s stock valued at $1,201,000 after purchasing an additional 140 shares in the last quarter. Finally, CSat Investment Advisory L.P. acquired a new stake in shares of Wayfair in the 2nd quarter valued at approximately $25,000. Institutional investors own 80.30% of the company’s stock.

Several equities analysts recently commented on the stock. Stifel Nicolaus upped their price target on shares of Wayfair from $132.00 to $150.00 and gave the company a “hold” rating in a research note on Thursday, May 2nd. Zacks Investment Research upgraded shares of Wayfair from a “sell” rating to a “hold” rating and set a $131.00 price target on the stock in a research note on Friday. Deutsche Bank decreased their price target on shares of Wayfair from $175.00 to $160.00 and set a “buy” rating on the stock in a research note on Friday, August 2nd. Piper Jaffray Companies set a $175.00 price target on shares of Wayfair and gave the company a “buy” rating in a research note on Friday, July 19th. Finally, Wedbush decreased their price target on shares of Wayfair from $140.00 to $130.00 and set a “neutral” rating on the stock in a research note on Friday, August 2nd. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $155.74.

About Wayfair

Wayfair Inc engages in the e-commerce business in the United States, Europe, and internationally. It provides approximately 14 million products for the home sector under various brands. The company offers selection of furniture, décor, decorative accents, housewares, seasonal décor, and other home goods through its sites, including Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold.

Featured Story: What is Call Option Volume?

Insider Buying and Selling by Quarter for Wayfair (NYSE:W)

Receive News & Ratings for Wayfair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wayfair and related companies with MarketBeat.com's FREE daily email newsletter.