Wayfair Inc. (NYSE:W) insider Edmond Macri sold 600 shares of the firm’s stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $64.17, for a total transaction of $38,502.00. Following the sale, the insider now owns 124,674 shares of the company’s stock, valued at approximately $8,000,330.58. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

  • On Tuesday, October 31st, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $69.49, for a total transaction of $41,694.00.
  • On Tuesday, October 24th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $66.69, for a total transaction of $40,014.00.
  • On Tuesday, October 17th, Edmond Macri sold 1,571 shares of Wayfair stock. The stock was sold at an average price of $70.03, for a total transaction of $110,017.13.
  • On Tuesday, October 10th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $65.76, for a total transaction of $39,456.00.
  • On Tuesday, October 3rd, Edmond Macri sold 844 shares of Wayfair stock. The stock was sold at an average price of $69.61, for a total transaction of $58,750.84.
  • On Tuesday, September 26th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $71.51, for a total transaction of $42,906.00.
  • On Tuesday, September 19th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $79.89, for a total transaction of $47,934.00.
  • On Tuesday, September 12th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $78.26, for a total transaction of $46,956.00.
  • On Tuesday, September 5th, Edmond Macri sold 842 shares of Wayfair stock. The stock was sold at an average price of $72.17, for a total transaction of $60,767.14.
  • On Tuesday, August 22nd, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $66.36, for a total transaction of $39,816.00.

Wayfair Inc. (NYSE:W) traded down $2.41 during trading on Wednesday, hitting $57.85. 2,845,609 shares of the stock traded hands, compared to its average volume of 2,944,262. Wayfair Inc. has a 1-year low of $27.60 and a 1-year high of $84.19. The company has a debt-to-equity ratio of 135.98, a current ratio of 1.19 and a quick ratio of 1.17.

Wayfair (NYSE:W) last released its quarterly earnings data on Thursday, November 2nd. The company reported ($0.65) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.68) by $0.03. The business had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Wayfair had a negative net margin of 5.06% and a negative return on equity of 658.45%. The company’s revenue for the quarter was up 39.1% on a year-over-year basis. During the same period in the previous year, the company earned ($0.54) EPS. sell-side analysts forecast that Wayfair Inc. will post -2.27 earnings per share for the current year.

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W has been the subject of several research reports. Buckingham Research reiterated a “buy” rating and issued a $95.00 target price on shares of Wayfair in a report on Thursday, August 10th. Piper Jaffray Companies set a $87.00 target price on shares of Wayfair and gave the company a “buy” rating in a report on Friday, July 28th. Oppenheimer Holdings, Inc. set a $88.00 target price on shares of Wayfair and gave the company a “buy” rating in a report on Friday, August 4th. Canaccord Genuity reiterated a “buy” rating and issued a $90.00 target price on shares of Wayfair in a report on Sunday, October 1st. Finally, Citigroup Inc. dropped their target price on shares of Wayfair from $80.00 to $66.00 and set a “buy” rating for the company in a report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, nine have given a hold rating and fifteen have issued a buy rating to the stock. Wayfair currently has an average rating of “Buy” and an average price target of $76.01.

Several institutional investors have recently added to or reduced their stakes in W. Ameriprise Financial Inc. purchased a new stake in shares of Wayfair during the 1st quarter worth $1,650,000. Parametric Portfolio Associates LLC lifted its position in shares of Wayfair by 407.4% during the 1st quarter. Parametric Portfolio Associates LLC now owns 51,285 shares of the company’s stock worth $2,077,000 after purchasing an additional 41,178 shares during the last quarter. Legal & General Group Plc lifted its position in shares of Wayfair by 12.8% during the 1st quarter. Legal & General Group Plc now owns 11,529 shares of the company’s stock worth $466,000 after purchasing an additional 1,312 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Wayfair by 4.6% during the 1st quarter. Vanguard Group Inc. now owns 2,605,201 shares of the company’s stock worth $105,484,000 after purchasing an additional 113,613 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Wayfair by 10.0% during the 1st quarter. Geode Capital Management LLC now owns 233,243 shares of the company’s stock worth $9,444,000 after purchasing an additional 21,119 shares during the last quarter. 66.32% of the stock is owned by institutional investors and hedge funds.

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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