Wayfair Inc (NYSE:W) Insider Sells $249,778.90 in Stock

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Wayfair Inc (NYSE:W) insider Edmond Macri sold 1,673 shares of the business’s stock in a transaction dated Tuesday, July 16th. The shares were sold at an average price of $149.30, for a total transaction of $249,778.90. Following the completion of the transaction, the insider now owns 133,918 shares in the company, valued at $19,993,957.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Edmond Macri also recently made the following trade(s):

  • On Tuesday, July 9th, Edmond Macri sold 300 shares of Wayfair stock. The shares were sold at an average price of $141.40, for a total transaction of $42,420.00.
  • On Tuesday, July 2nd, Edmond Macri sold 300 shares of Wayfair stock. The shares were sold at an average price of $144.25, for a total transaction of $43,275.00.
  • On Tuesday, June 25th, Edmond Macri sold 300 shares of Wayfair stock. The shares were sold at an average price of $152.13, for a total transaction of $45,639.00.
  • On Tuesday, June 18th, Edmond Macri sold 300 shares of Wayfair stock. The shares were sold at an average price of $161.66, for a total transaction of $48,498.00.
  • On Saturday, June 15th, Edmond Macri sold 5,012 shares of Wayfair stock. The shares were sold at an average price of $156.06, for a total transaction of $782,172.72.
  • On Tuesday, June 11th, Edmond Macri sold 300 shares of Wayfair stock. The shares were sold at an average price of $158.57, for a total transaction of $47,571.00.
  • On Tuesday, June 4th, Edmond Macri sold 300 shares of Wayfair stock. The shares were sold at an average price of $142.32, for a total transaction of $42,696.00.
  • On Tuesday, May 28th, Edmond Macri sold 300 shares of Wayfair stock. The shares were sold at an average price of $144.42, for a total transaction of $43,326.00.
  • On Tuesday, May 21st, Edmond Macri sold 500 shares of Wayfair stock. The shares were sold at an average price of $153.48, for a total transaction of $76,740.00.
  • On Tuesday, May 14th, Edmond Macri sold 500 shares of Wayfair stock. The shares were sold at an average price of $140.54, for a total transaction of $70,270.00.

Shares of W traded up $2.05 during mid-day trading on Wednesday, hitting $152.00. 1,153,980 shares of the company traded hands, compared to its average volume of 1,765,882. Wayfair Inc has a 1-year low of $76.60 and a 1-year high of $173.72. The firm’s 50 day simple moving average is $149.85. The company has a market capitalization of $13.84 billion, a P/E ratio of -27.09 and a beta of 1.89.

Wayfair (NYSE:W) last released its quarterly earnings data on Thursday, May 2nd. The company reported ($1.62) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($1.60) by ($0.02). The business had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.92 billion. During the same quarter in the previous year, the company posted ($0.91) EPS. The company’s quarterly revenue was up 38.5% on a year-over-year basis. As a group, analysts predict that Wayfair Inc will post -8.34 EPS for the current year.

A number of analysts recently commented on W shares. Wedbush restated an “outperform” rating on shares of Idera Pharmaceuticals in a research note on Friday, May 3rd. Jefferies Financial Group started coverage on shares of Wayfair in a research note on Friday, May 17th. They set a “buy” rating and a $192.00 price target on the stock. Evercore ISI started coverage on shares of Polarityte in a research note on Wednesday, March 20th. They set an “outperform” rating and a $26.00 price target on the stock. Gordon Haskett upgraded shares of Darden Restaurants from an “underperform” rating to a “hold” rating in a research note on Thursday, March 21st. Finally, Needham & Company LLC restated a “buy” rating and set a $40.00 price target on shares of ACADIA Pharmaceuticals in a research note on Monday, July 1st. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and thirteen have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $152.70.

Several large investors have recently made changes to their positions in W. Howland Capital Management LLC increased its holdings in shares of Wayfair by 218.0% in the second quarter. Howland Capital Management LLC now owns 22,269 shares of the company’s stock valued at $3,251,000 after purchasing an additional 15,266 shares during the period. IFM Investors Pty Ltd grew its holdings in Wayfair by 37.5% during the second quarter. IFM Investors Pty Ltd now owns 4,499 shares of the company’s stock worth $657,000 after acquiring an additional 1,228 shares during the period. Oregon Public Employees Retirement Fund acquired a new position in Wayfair during the second quarter worth $1,635,000. Randolph Co Inc purchased a new stake in Wayfair during the second quarter worth $292,000. Finally, Nisa Investment Advisors LLC boosted its position in Wayfair by 625.0% during the second quarter. Nisa Investment Advisors LLC now owns 17,400 shares of the company’s stock worth $2,540,000 after purchasing an additional 15,000 shares in the last quarter. Hedge funds and other institutional investors own 80.19% of the company’s stock.

Wayfair Company Profile

Wayfair Inc engages in the e-commerce business in the United States, Europe, and internationally. It provides approximately 14 million products for the home sector under various brands. The company offers selection of furniture, décor, decorative accents, housewares, seasonal décor, and other home goods through its sites, including Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold.

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Insider Buying and Selling by Quarter for Wayfair (NYSE:W)

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