Wayfair Inc. (W) Insider Sells $19,971.00 in Stock

Wayfair Inc. (NYSE:W) insider Steve Oblak sold 300 shares of the stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $66.57, for a total transaction of $19,971.00. Following the completion of the transaction, the insider now owns 124,795 shares of the company’s stock, valued at $8,307,603.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Steve Oblak also recently made the following trade(s):

  • On Monday, December 4th, Steve Oblak sold 300 shares of Wayfair stock. The shares were sold at an average price of $71.63, for a total transaction of $21,489.00.
  • On Monday, October 23rd, Steve Oblak sold 300 shares of Wayfair stock. The shares were sold at an average price of $67.47, for a total transaction of $20,241.00.
  • On Monday, October 16th, Steve Oblak sold 406 shares of Wayfair stock. The shares were sold at an average price of $71.33, for a total transaction of $28,959.98.
  • On Monday, October 9th, Steve Oblak sold 300 shares of Wayfair stock. The shares were sold at an average price of $68.84, for a total transaction of $20,652.00.
  • On Monday, October 2nd, Steve Oblak sold 237 shares of Wayfair stock. The shares were sold at an average price of $67.21, for a total transaction of $15,928.77.
  • On Monday, September 25th, Steve Oblak sold 300 shares of Wayfair stock. The stock was sold at an average price of $74.36, for a total transaction of $22,308.00.
  • On Friday, September 15th, Steve Oblak sold 4,174 shares of Wayfair stock. The stock was sold at an average price of $79.92, for a total transaction of $333,586.08.
  • On Monday, September 11th, Steve Oblak sold 300 shares of Wayfair stock. The stock was sold at an average price of $77.23, for a total transaction of $23,169.00.
  • On Tuesday, September 12th, Steve Oblak sold 400 shares of Wayfair stock. The stock was sold at an average price of $77.92, for a total transaction of $31,168.00.
  • On Friday, September 1st, Steve Oblak sold 241 shares of Wayfair stock. The stock was sold at an average price of $71.39, for a total transaction of $17,204.99.

Shares of Wayfair Inc. (NYSE:W) traded up $1.15 during mid-day trading on Thursday, reaching $74.92. 720,168 shares of the company traded hands, compared to its average volume of 1,541,651. Wayfair Inc. has a 12-month low of $34.30 and a 12-month 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 quarterly 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. Wayfair had a negative net margin of 5.06% and a negative return on equity of 658.45%. The firm had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same period last year, the firm posted ($0.54) EPS. The firm’s quarterly revenue was up 39.1% on a year-over-year basis. equities research analysts expect that Wayfair Inc. will post -2.63 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently made changes to their positions in the business. First Personal Financial Services grew its position in shares of Wayfair by 12.8% during the 2nd quarter. First Personal Financial Services now owns 2,792 shares of the company’s stock worth $215,000 after buying an additional 317 shares during the period. BNP Paribas Arbitrage SA grew its position 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 buying an additional 667 shares during the period. Pacer Advisors Inc. grew its position in shares of Wayfair by 18.9% during the 2nd quarter. Pacer Advisors Inc. now owns 4,903 shares of the company’s stock worth $377,000 after buying an additional 779 shares during the period. State Board of Administration of Florida Retirement System grew its position in shares of Wayfair by 1.6% during the 3rd quarter. State Board of Administration of Florida Retirement System now owns 51,345 shares of the company’s stock worth $3,461,000 after buying an additional 800 shares during the period. Finally, Ingalls & Snyder LLC grew its position in shares of Wayfair by 0.7% during the 2nd quarter. Ingalls & Snyder LLC now owns 114,751 shares of the company’s stock worth $8,822,000 after buying an additional 825 shares during the period. 66.97% of the stock is owned by institutional investors.

Several research analysts have recently commented on W shares. KeyCorp restated a “hold” rating on shares of Wayfair in a research note on Friday, September 29th. Wolfe Research restated an “outperform” rating on shares of Wayfair in a research note on Wednesday, August 9th. Ifs Securities assumed 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. Piper Jaffray Companies reiterated a “buy” rating and issued a $89.00 target price on shares of Wayfair in a research note on Friday, September 8th. Finally, Moffett Nathanson assumed coverage on shares of Wayfair in a research note on Monday. They issued a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and sixteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $76.01.

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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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