Wayfair Inc (NYSE:W) CTO John Champlin Mulliken sold 710 shares of the company’s stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $86.48, for a total transaction of $61,400.80. Following the completion of the sale, the chief technology officer now directly owns 8,714 shares in the company, valued at approximately $753,586.72. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

  • On Tuesday, January 2nd, John Champlin Mulliken sold 196 shares of Wayfair stock. The stock was sold at an average price of $79.84, for a total transaction of $15,648.64.
  • On Thursday, December 28th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $80.86, for a total transaction of $56,602.00.
  • On Thursday, December 21st, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $78.91, for a total transaction of $55,237.00.
  • On Friday, December 15th, John Champlin Mulliken sold 4,809 shares of Wayfair stock. The stock was sold at an average price of $76.40, for a total transaction of $367,407.60.
  • On Thursday, December 7th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $74.08, for a total transaction of $51,856.00.
  • On Thursday, November 30th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $67.99, for a total transaction of $47,593.00.
  • On Friday, November 24th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $68.19, for a total transaction of $47,733.00.
  • On Wednesday, November 15th, John Champlin Mulliken sold 990 shares of Wayfair stock. The stock was sold at an average price of $63.53, for a total transaction of $62,894.70.
  • On Thursday, November 9th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $57.01, for a total transaction of $39,907.00.
  • On Thursday, November 2nd, John Champlin Mulliken sold 941 shares of Wayfair stock. The stock was sold at an average price of $62.37, for a total transaction of $58,690.17.

Shares of Wayfair Inc (NYSE:W) traded up $1.06 during midday trading on Wednesday, hitting $85.56. 979,278 shares of the stock traded hands, compared to its average volume of 1,400,000. The company has a market cap of $7,510.00, a price-to-earnings ratio of -34.36 and a beta of 0.96. 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 Inc has a one year low of $35.36 and a one year high of $88.06.

Wayfair (NYSE:W) last issued its earnings results on Thursday, November 2nd. The company reported ($0.65) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.68) by $0.03. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates 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 quarter last year, the firm earned ($0.54) EPS. equities research analysts expect that Wayfair Inc will post -2.78 EPS for the current year.

W has been the topic of a number of research analyst reports. KeyCorp reissued a “hold” rating on shares of Wayfair in a report on Friday, September 29th. Wedbush reissued an “outperform” rating on shares of Wayfair in a report on Wednesday, December 27th. Moffett Nathanson initiated coverage on shares of Wayfair in a report on Monday, December 4th. They set a “buy” rating on the stock. Bank of America lowered shares of Wayfair from a “buy” rating to a “neutral” rating and set a $88.00 price objective on the stock. in a report on Wednesday, January 3rd. Finally, Piper Jaffray Companies reissued a “buy” rating and set a $89.00 price objective on shares of Wayfair in a report on Wednesday, December 13th. Twelve equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $77.64.

Several hedge funds and other institutional investors have recently modified their holdings of W. BNP Paribas Arbitrage SA boosted its stake in shares of Wayfair by 96.2% in the 2nd 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 during the last quarter. Delta Asset Management LLC TN boosted its stake in shares of Wayfair by 375.0% in the 3rd 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 during the last quarter. Advisors Asset Management Inc. boosted its stake in shares of Wayfair by 1,512.5% in the 3rd quarter. Advisors Asset Management Inc. now owns 2,322 shares of the company’s stock valued at $157,000 after purchasing an additional 2,178 shares during the last quarter. Mohican Financial Management LLC bought a new position in shares of Wayfair in the 3rd quarter valued at about $194,000. Finally, Stifel Financial Corp bought a new position in shares of Wayfair in the 3rd quarter valued at about $223,000. 66.97% of the stock is currently owned by institutional investors.

TRADEMARK VIOLATION WARNING: This piece of content was first posted by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this piece of content on another website, it was illegally stolen and reposted in violation of United States & international copyright law. The correct version of this piece of content can be read at https://theolympiareport.com/2018/01/17/insider-selling-wayfair-inc-w-cto-sells-710-shares-of-stock.html.

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)

Receive News & Ratings for Wayfair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wayfair and related companies with MarketBeat.com's FREE daily email newsletter.