Wayfair Inc. (W) Insider Sells $45,311.00 in Stock

Wayfair Inc. (NYSE:W) insider John Champlin Mulliken sold 700 shares of Wayfair stock in a transaction on Thursday, October 26th. The stock was sold at an average price of $64.73, for a total transaction of $45,311.00. Following the sale, the insider now owns 186,269 shares in the company, valued at approximately $12,057,192.37. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

  • On Thursday, October 19th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $67.57, for a total transaction of $47,299.00.
  • On Monday, October 16th, John Champlin Mulliken sold 1,673 shares of Wayfair stock. The stock was sold at an average price of $69.17, for a total transaction of $115,721.41.
  • On Thursday, October 5th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $71.37, for a total transaction of $49,959.00.
  • On Monday, October 2nd, John Champlin Mulliken sold 936 shares of Wayfair stock. The stock was sold at an average price of $68.61, for a total transaction of $64,218.96.
  • On Thursday, September 21st, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $82.02, for a total transaction of $57,414.00.
  • On Friday, September 15th, John Champlin Mulliken sold 5,575 shares of Wayfair stock. The stock was sold at an average price of $79.57, for a total transaction of $443,602.75.
  • On Thursday, September 7th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $73.70, for a total transaction of $51,590.00.
  • On Friday, September 1st, John Champlin Mulliken sold 942 shares of Wayfair stock. The stock was sold at an average price of $70.19, for a total transaction of $66,118.98.
  • On Thursday, August 24th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $67.55, for a total transaction of $47,285.00.
  • On Thursday, August 17th, John Champlin Mulliken sold 1,672 shares of Wayfair stock. The stock was sold at an average price of $69.00, for a total transaction of $115,368.00.

Wayfair (NYSE:W) last released its quarterly earnings data on Thursday, November 2nd. The company reported ($0.65) earnings per share for the quarter, missing the consensus estimate of ($0.47) by ($0.18). The business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.21 billion. Wayfair had a negative net margin of 5.10% and a negative return on equity of 335.44%. The business’s quarterly revenue was up 39.1% compared to the same quarter last year. During the same period last year, the business earned ($0.54) earnings per share.

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W has been the topic of a number of recent research reports. Stifel Nicolaus upgraded shares of Wayfair from a “hold” rating to a “buy” rating and lifted their price target for the stock from $75.00 to $78.00 in a research note on Friday, August 25th. Ifs Securities began coverage on shares of Wayfair in a research note on Friday, September 1st. They issued an “outperform” rating and a $85.00 target price on the stock. Robert W. Baird restated a “hold” rating and issued a $73.00 target price on shares of Wayfair in a research note on Thursday, September 28th. Wedbush restated an “outperform” rating and issued a $82.00 target price on shares of Wayfair in a research note on Wednesday, October 4th. Finally, Buckingham Research restated a “buy” rating and issued a $95.00 target price on shares of Wayfair in a research note on Thursday, August 10th. Nine analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Wayfair has an average rating of “Buy” and an average target price of $77.51.

A number of large investors have recently added to or reduced their stakes in W. BNP Paribas Arbitrage SA boosted its stake in Wayfair by 96.2% in the second quarter. BNP Paribas Arbitrage SA now owns 1,360 shares of the company’s stock valued at $105,000 after buying an additional 667 shares in the last quarter. UBS Group AG boosted its stake in Wayfair by 55.5% in the first quarter. UBS Group AG now owns 2,690 shares of the company’s stock valued at $109,000 after buying an additional 960 shares in the last quarter. FNY Partners Fund LP boosted its stake in Wayfair by 2,900.0% in the first quarter. FNY Partners Fund LP now owns 3,000 shares of the company’s stock valued at $121,000 after buying an additional 2,900 shares in the last quarter. Delta Asset Management LLC TN boosted its stake in Wayfair by 375.0% in the third quarter. Delta Asset Management LLC TN now owns 1,900 shares of the company’s stock valued at $128,000 after buying an additional 1,500 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. acquired a new stake in Wayfair in the first quarter valued at about $137,000. 66.24% of the stock is currently owned by institutional investors and hedge funds.

About Wayfair

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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