Wayfair Inc. (NYSE:W) CTO John Champlin Mulliken sold 700 shares of the firm’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $57.01, for a total transaction of $39,907.00. Following the completion of the sale, the chief technology officer now owns 185,128 shares in the company, valued at approximately $10,554,147.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

  • On Thursday, November 2nd, John Champlin Mulliken sold 941 shares of Wayfair stock. The shares were sold at an average price of $62.37, for a total transaction of $58,690.17.
  • On Thursday, October 26th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $64.73, for a total transaction of $45,311.00.
  • On Thursday, October 19th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were sold at an average price of $70.19, for a total transaction of $66,118.98.

Shares of Wayfair Inc. (W) traded up $3.60 during midday trading on Monday, reaching $61.57. 2,193,200 shares of the company were exchanged, compared to its average volume of 1,561,300. Wayfair Inc. has a fifty-two week low of $32.61 and a fifty-two week high of $84.19. The company has a quick ratio of 1.17, a current ratio of 1.19 and a debt-to-equity ratio of 135.98.

Wayfair (NYSE:W) last announced its earnings results on Thursday, November 2nd. The company reported ($0.65) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.68) by $0.03. Wayfair had a negative net margin of 5.06% and a negative return on equity of 658.45%. The business had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter last year, the firm earned ($0.54) earnings per share. Wayfair’s quarterly revenue was up 39.1% on a year-over-year basis. research analysts predict that Wayfair Inc. will post -2.58 EPS for the current fiscal year.

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A number of institutional investors and hedge funds have recently bought and sold shares of W. BNP Paribas Arbitrage SA increased 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 purchasing an additional 667 shares in the last quarter. UBS Group AG increased 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 purchasing an additional 960 shares in the last quarter. Delta Asset Management LLC TN increased 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 purchasing an additional 1,500 shares in the last quarter. Oppenheimer Asset Management Inc. bought a new stake in Wayfair in the first quarter valued at $137,000. Finally, First Mercantile Trust Co. bought a new stake in Wayfair in the second quarter valued at $138,000. 66.99% of the stock is owned by hedge funds and other institutional investors.

A number of analysts have weighed in on W shares. Canaccord Genuity restated a “buy” rating on shares of Wayfair in a research report on Tuesday, August 8th. BidaskClub lowered shares of Wayfair from a “strong-buy” rating to a “buy” rating in a report on Friday, August 4th. Oppenheimer Holdings, Inc. set a $88.00 price target on shares of Wayfair and gave the stock a “buy” rating in a report on Friday, August 4th. Buckingham Research reiterated a “buy” rating and set a $95.00 price target on shares of Wayfair in a report on Thursday, August 10th. Finally, Wedbush reiterated a “buy” rating on shares of Wayfair in a report on Wednesday, August 9th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and fifteen have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $76.01.

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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