Wayfair Inc. (NYSE:W) insider Edmond Macri sold 600 shares of the firm’s stock in a transaction dated Tuesday, September 19th. The stock was sold at an average price of $79.89, for a total value of $47,934.00. Following the completion of the sale, the insider now directly owns 500 shares in the company, valued at $39,945. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

  • 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 value 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 value 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 value of $39,816.00.
  • On Tuesday, August 15th, Edmond Macri sold 1,570 shares of Wayfair stock. The stock was sold at an average price of $70.70, for a total value of $110,999.00.
  • On Wednesday, August 9th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $72.77, for a total value of $43,662.00.
  • On Tuesday, July 25th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $76.61, for a total value of $45,966.00.
  • On Tuesday, July 18th, Edmond Macri sold 1,570 shares of Wayfair stock. The stock was sold at an average price of $76.07, for a total value of $119,429.90.
  • On Tuesday, July 11th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $74.00, for a total value of $44,400.00.
  • On Wednesday, July 5th, Edmond Macri sold 844 shares of Wayfair stock. The stock was sold at an average price of $75.42, for a total value of $63,654.48.
  • On Tuesday, June 27th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $75.01, for a total value of $45,006.00.

Shares of Wayfair Inc. (NYSE:W) traded down 8.691% during midday trading on Friday, hitting $74.645. The company had a trading volume of 3,946,840 shares. The company’s 50 day moving average is $73.34 and its 200 day moving average is $62.21. The firm’s market cap is $6.51 billion. Wayfair Inc. has a one year low of $27.60 and a one year high of $83.36.

Wayfair (NYSE:W) last released its quarterly earnings results on Tuesday, August 8th. The company reported ($0.26) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.69) by $0.43. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.06 billion. Wayfair had a negative return on equity of 335.44% and a negative net margin of 5.10%. The firm’s revenue was up 42.7% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.43) EPS. Equities analysts forecast that Wayfair Inc. will post ($1.45) earnings per share for the current fiscal year.

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A number of analysts have issued reports on the company. DA Davidson assumed coverage on Wayfair in a research note on Wednesday, September 13th. They issued a “neutral” rating and a $78.00 price target on the stock. Oppenheimer Holdings, Inc. reissued a “buy” rating and issued a $88.00 price target on shares of Wayfair in a research note on Wednesday, September 13th. Piper Jaffray Companies reissued a “buy” rating and issued a $89.00 price target on shares of Wayfair in a research note on Friday, September 8th. Gordon Haskett raised Wayfair from an “accumulate” rating to a “buy” rating and set a $89.00 price target on the stock in a research note on Tuesday, September 5th. Finally, Ifs Securities started coverage on Wayfair in a research note on Friday, September 1st. They issued an “outperform” rating and a $85.00 price target on the stock. Ten research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $72.84.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA boosted its stake in shares of Wayfair by 96.2% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 1,360 shares of the company’s stock worth $105,000 after acquiring an additional 667 shares in the last quarter. First Mercantile Trust Co. bought a new stake in shares of Wayfair during the 2nd quarter worth about $138,000. UBS Group AG boosted its stake in shares of Wayfair by 55.5% during the 1st quarter. UBS Group AG now owns 2,690 shares of the company’s stock worth $109,000 after acquiring an additional 960 shares in the last quarter. CIBC Asset Management Inc bought a new stake in shares of Wayfair during the 2nd quarter worth about $208,000. Finally, Ameritas Investment Partners Inc. bought a new stake in shares of Wayfair during the 1st quarter worth about $110,000. Institutional investors own 66.15% of the company’s stock.

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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