Wayfair Inc (NYSE:W) CEO Niraj Shah sold 4,000 shares of the stock in a transaction on Monday, June 11th. The shares were sold at an average price of $104.87, for a total value of $419,480.00. Following the completion of the sale, the chief executive officer now owns 47,357 shares in the company, valued at approximately $4,966,328.59. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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

  • On Wednesday, June 6th, Niraj Shah sold 2,000 shares of Wayfair stock. The shares were sold at an average price of $102.06, for a total value of $204,120.00.
  • On Monday, June 4th, Niraj Shah sold 2,000 shares of Wayfair stock. The shares were sold at an average price of $94.73, for a total value of $189,460.00.
  • On Wednesday, May 30th, Niraj Shah sold 2,000 shares of Wayfair stock. The shares were sold at an average price of $92.07, for a total value of $184,140.00.
  • On Tuesday, May 15th, Niraj Shah sold 853 shares of Wayfair stock. The shares were sold at an average price of $82.80, for a total value of $70,628.40.
  • On Monday, April 16th, Niraj Shah sold 754 shares of Wayfair stock. The shares were sold at an average price of $67.31, for a total value of $50,751.74.
  • On Thursday, March 15th, Niraj Shah sold 762 shares of Wayfair stock. The shares were sold at an average price of $84.57, for a total value of $64,442.34.

Shares of W traded up $1.94 during trading hours on Thursday, hitting $109.37. 156,085 shares of the company were exchanged, compared to its average volume of 1,865,461. The firm has a market cap of $9.26 billion, a P/E ratio of -38.99 and a beta of 1.57. Wayfair Inc has a fifty-two week low of $55.33 and a fifty-two week high of $109.74. The company has a debt-to-equity ratio of -3.30, a quick ratio of 0.95 and a current ratio of 1.00.

Wayfair (NYSE:W) last released its earnings results on Wednesday, May 2nd. The company reported ($0.91) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.90) by ($0.01). The company had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.36 billion. Wayfair had a negative return on equity of 31,507.11% and a negative net margin of 5.73%. The business’s revenue for the quarter was up 46.2% compared to the same quarter last year. During the same period last year, the company posted ($0.48) earnings per share. research analysts predict that Wayfair Inc will post -4.58 earnings per share for the current fiscal year.

A number of equities research analysts recently weighed in on the company. Oppenheimer increased their price target on Wayfair to $120.00 and gave the company an “outperform” rating in a research note on Friday, June 8th. Zacks Investment Research upgraded Wayfair from a “sell” rating to a “hold” rating in a research note on Thursday, June 7th. Credit Suisse Group increased their price objective on Wayfair from $76.00 to $82.00 and gave the stock a “hold” rating in a research report on Thursday, May 3rd. Canaccord Genuity increased their price objective on Wayfair from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Thursday, May 3rd. Finally, Loop Capital set a $87.00 price objective on Wayfair and gave the stock a “buy” rating in a research report on Wednesday, May 2nd. One analyst has rated the stock with a sell rating, eleven have given a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $85.11.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bluestein R H & Co. acquired a new stake in shares of Wayfair during the 4th quarter worth $466,000. Eaton Vance Management boosted its stake in Wayfair by 56.4% in the first quarter. Eaton Vance Management now owns 41,337 shares of the company’s stock valued at $2,791,000 after buying an additional 14,900 shares in the last quarter. Alliancebernstein L.P. boosted its stake in Wayfair by 1,724.1% in the fourth quarter. Alliancebernstein L.P. now owns 1,101,771 shares of the company’s stock valued at $88,439,000 after buying an additional 1,041,371 shares in the last quarter. American Century Companies Inc. acquired a new stake in Wayfair in the fourth quarter valued at about $37,836,000. Finally, Stormborn Capital Management LLC acquired a new stake in Wayfair in the fourth quarter valued at about $3,010,000. 74.95% of the stock is currently owned by institutional investors.

Wayfair Company Profile

Wayfair Inc engages in the e-commerce business in the United States, Europe, and internationally. The company offers approximately 10 million products for the home sector under various brands. It offers a selection of furniture, décor, decorative accents, housewares, seasonal décor, and other home goods through its sites, such as Wayfair, Joss & Main, AllModern, DwellStudio, Perigold, and Birch Lane.

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.