Wayfair Inc (W) CEO Sells $184,220.00 in Stock
Wayfair Inc (NYSE:W) CEO Niraj Shah sold 2,000 shares of the stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $92.11, for a total value of $184,220.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Niraj Shah also recently made the following trade(s):
- On Wednesday, January 24th, Niraj Shah sold 2,000 shares of Wayfair stock. The stock was sold at an average price of $92.03, for a total value of $184,060.00.
- On Tuesday, January 16th, Niraj Shah sold 906 shares of Wayfair stock. The stock was sold at an average price of $85.96, for a total value of $77,879.76.
- On Friday, December 15th, Niraj Shah sold 1,213 shares of Wayfair stock. The stock was sold at an average price of $76.35, for a total value of $92,612.55.
Shares of Wayfair Inc (W) traded up $4.52 during mid-day trading on Wednesday, reaching $97.07. The company’s stock had a trading volume of 1,605,370 shares, compared to its average volume of 1,240,000. Wayfair Inc has a one year low of $35.36 and a one year high of $98.20. The company has a debt-to-equity ratio of 135.98, a quick ratio of 1.17 and a current ratio of 1.19. The firm has a market capitalization of $8,530.00, a P/E ratio of -38.98 and a beta of 1.05.
W has been the topic of a number of research reports. Gordon Haskett downgraded Wayfair from a “buy” rating to an “accumulate” rating in a report on Wednesday, January 31st. Piper Jaffray Companies restated a “buy” rating and issued a $89.00 price objective on shares of Wayfair in a report on Wednesday, December 13th. Moffett Nathanson initiated coverage on Wayfair in a report on Monday, December 4th. They issued a “buy” rating on the stock. Citigroup dropped their price objective on Wayfair from $80.00 to $66.00 and set a “buy” rating on the stock in a report on Friday, November 3rd. Finally, Canaccord Genuity restated a “buy” rating and issued a $90.00 price objective on shares of Wayfair in a report on Thursday, November 2nd. Fourteen investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $80.11.
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.
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