Insider Selling: Wayfair Inc (W) CTO Sells 617 Shares of Stock

Wayfair Inc (NYSE:W) CTO John Champlin Mulliken sold 617 shares of the company’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $95.62, for a total value of $58,997.54. Following the sale, the chief technology officer now directly owns 6,714 shares of the company’s stock, valued at $641,992.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • On Thursday, February 1st, John Champlin Mulliken sold 155 shares of Wayfair stock. The shares were sold at an average price of $90.51, for a total value of $14,029.05.
  • On Monday, January 22nd, John Champlin Mulliken sold 5,000 shares of Wayfair stock. The shares were sold at an average price of $90.08, for a total value of $450,400.00.
  • On Tuesday, January 16th, John Champlin Mulliken sold 710 shares of Wayfair stock. The shares were sold at an average price of $86.48, for a total value of $61,400.80.
  • On Tuesday, January 2nd, John Champlin Mulliken sold 196 shares of Wayfair stock. The shares were sold at an average price of $79.84, for a total value of $15,648.64.
  • On Thursday, December 28th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $80.86, for a total value of $56,602.00.
  • On Thursday, December 21st, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $78.91, for a total value of $55,237.00.
  • On Friday, December 15th, John Champlin Mulliken sold 4,809 shares of Wayfair stock. The shares were sold at an average price of $76.40, for a total value of $367,407.60.
  • On Thursday, December 7th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $74.08, for a total value of $51,856.00.
  • On Thursday, November 30th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $67.99, for a total value of $47,593.00.
  • On Friday, November 24th, John Champlin Mulliken sold 700 shares of Wayfair stock. The shares were sold at an average price of $68.19, for a total value of $47,733.00.

Shares of Wayfair Inc (W) opened at $96.30 on Wednesday. The stock has a market capitalization of $8,460.00, a PE ratio of -38.67 and a beta of 1.05. Wayfair Inc has a 52 week low of $35.36 and a 52 week high of $100.14. The company has a debt-to-equity ratio of 135.98, a quick ratio of 1.17 and a current ratio of 1.19.

Several research firms recently weighed in on W. Citigroup dropped their price target on Wayfair from $80.00 to $66.00 and set a “buy” rating on the stock in a research report on Friday, November 3rd. DA Davidson reissued a “hold” rating and set a $60.00 price target on shares of Wayfair in a research report on Friday, November 3rd. Wedbush dropped their price target on Wayfair from $82.00 to $72.00 and set an “outperform” rating on the stock in a research report on Friday, November 3rd. Zacks Investment Research raised Wayfair from a “sell” rating to a “hold” rating in a research report on Saturday, February 10th. Finally, Oppenheimer upped their price target on Wayfair to $105.00 and gave the company an “outperform” rating in a research report on Friday, February 9th. Fourteen equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $83.32.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Delta Asset Management LLC TN boosted its stake in shares of Wayfair by 375.0% during the 3rd quarter. Delta Asset Management LLC TN now owns 1,900 shares of the company’s stock worth $128,000 after acquiring an additional 1,500 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Wayfair by 52.9% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,803 shares of the company’s stock worth $145,000 after acquiring an additional 624 shares in the last quarter. Advisors Asset Management Inc. boosted its stake in shares of Wayfair by 1,512.5% during the 3rd quarter. Advisors Asset Management Inc. now owns 2,322 shares of the company’s stock worth $157,000 after acquiring an additional 2,178 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Wayfair by 78.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,403 shares of the company’s stock worth $193,000 after acquiring an additional 1,056 shares in the last quarter. Finally, Mohican Financial Management LLC bought a new stake in shares of Wayfair during the 3rd quarter worth about $194,000. Institutional investors own 71.30% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This report was originally published by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are reading this report on another website, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright legislation. The legal version of this report can be read at https://www.thelincolnianonline.com/2018/02/21/insider-selling-wayfair-inc-w-cto-sells-617-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.

Leave a Reply