Wayfair Inc (NYSE:W) insider Edmond Macri sold 755 shares of the company’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $92.53, for a total value of $69,860.15. Following the sale, the insider now directly owns 1,000 shares of the company’s stock, valued at $92,530. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • On Tuesday, January 23rd, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $88.24, for a total value of $52,944.00.
  • On Tuesday, January 16th, Edmond Macri sold 1,310 shares of Wayfair stock. The shares were sold at an average price of $86.63, for a total value of $113,485.30.
  • On Tuesday, January 9th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $81.89, for a total value of $49,134.00.
  • On Tuesday, January 2nd, Edmond Macri sold 796 shares of Wayfair stock. The shares were sold at an average price of $79.87, for a total value of $63,576.52.
  • On Tuesday, December 26th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $80.36, for a total value of $48,216.00.
  • On Friday, December 15th, Edmond Macri sold 5,043 shares of Wayfair stock. The shares were sold at an average price of $76.50, for a total value of $385,789.50.
  • On Tuesday, December 12th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $73.84, for a total value of $44,304.00.
  • On Tuesday, November 28th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $68.80, for a total value of $41,280.00.
  • On Tuesday, November 7th, Edmond Macri sold 600 shares of Wayfair stock. The shares were sold at an average price of $64.17, for a total value of $38,502.00.

Wayfair Inc (NYSE:W) traded down $1.27 on Friday, hitting $90.46. The stock had a trading volume of 77,106 shares, compared to its average volume of 1,208,378. Wayfair Inc has a 52 week low of $35.36 and a 52 week high of $94.95. The company has a debt-to-equity ratio of 135.98, a current ratio of 1.19 and a quick ratio of 1.17. The stock has a market cap of $8,081.24 and a P/E ratio of -36.69.

Wayfair (NYSE:W) last posted its quarterly earnings results on Thursday, November 2nd. The company reported ($0.65) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.68) by $0.03. Wayfair had a negative return on equity of 658.45% and a negative net margin of 5.06%. The company had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same period last year, the business earned ($0.54) EPS. The business’s quarterly revenue was up 39.1% on a year-over-year basis. equities analysts forecast that Wayfair Inc will post -2.78 earnings per share for the current year.

W has been the subject of several research analyst reports. Gordon Haskett downgraded Wayfair from a “buy” rating to an “accumulate” rating in a research note on Wednesday. MKM Partners set a $107.00 price objective on Wayfair and gave the stock a “buy” rating in a research note on Wednesday, January 24th. Citigroup reduced their price objective on Wayfair from $80.00 to $66.00 and set a “buy” rating for the company in a research note on Friday, November 3rd. Robert W. Baird reduced their price objective on Wayfair from $73.00 to $65.00 and set a “neutral” rating for the company in a research note on Friday, November 3rd. Finally, KeyCorp reissued a “hold” rating on shares of Wayfair in a research note on Friday, November 3rd. Fourteen equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $79.22.

Several institutional investors and hedge funds have recently bought and sold shares of W. Principal Financial Group Inc. purchased a new stake in shares of Wayfair during the 2nd quarter worth about $249,000. Ameriprise Financial Inc. raised its stake in shares of Wayfair by 13.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 46,171 shares of the company’s stock worth $3,550,000 after purchasing an additional 5,409 shares in the last quarter. Amalgamated Bank purchased a new stake in shares of Wayfair during the 2nd quarter worth about $537,000. New York State Common Retirement Fund raised its stake in shares of Wayfair by 138.7% during the 2nd quarter. New York State Common Retirement Fund now owns 83,800 shares of the company’s stock worth $6,443,000 after purchasing an additional 48,699 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of Wayfair by 16.3% during the 2nd quarter. Vanguard Group Inc. now owns 3,028,832 shares of the company’s stock worth $232,857,000 after purchasing an additional 423,631 shares in the last quarter. 66.90% of the stock is owned by institutional investors.

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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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