Wayfair Inc. (W) CTO John Champlin Mulliken Sells 700 Shares

Wayfair Inc. (NYSE:W) CTO John Champlin Mulliken sold 700 shares of the firm’s stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $57.01, for a total value of $39,907.00. Following the completion of the transaction, the chief technology officer now owns 185,128 shares in the company, valued at $10,554,147.28. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

  • 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 value of $58,690.17.
  • On Thursday, October 26th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $64.73, for a total value of $45,311.00.
  • On Thursday, October 19th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $67.57, for a total value of $47,299.00.
  • On Monday, October 16th, John Champlin Mulliken sold 1,673 shares of Wayfair stock. The stock was sold at an average price of $69.17, for a total value of $115,721.41.
  • On Thursday, October 5th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $71.37, for a total value of $49,959.00.
  • On Monday, October 2nd, John Champlin Mulliken sold 936 shares of Wayfair stock. The stock was sold at an average price of $68.61, for a total value of $64,218.96.
  • On Thursday, September 21st, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $82.02, for a total value of $57,414.00.
  • On Friday, September 15th, John Champlin Mulliken sold 5,575 shares of Wayfair stock. The stock was sold at an average price of $79.57, for a total value of $443,602.75.
  • On Thursday, September 7th, John Champlin Mulliken sold 700 shares of Wayfair stock. The stock was sold at an average price of $73.70, for a total value of $51,590.00.
  • On Friday, September 1st, John Champlin Mulliken sold 942 shares of Wayfair stock. The stock was sold at an average price of $70.19, for a total value of $66,118.98.

Shares of Wayfair Inc. (W) opened at $62.54 on Tuesday. Wayfair Inc. has a twelve month low of $32.61 and a twelve month high of $84.19. The company has a current ratio of 1.19, a quick ratio of 1.17 and a debt-to-equity ratio of 135.98.

Wayfair (NYSE:W) last issued its earnings results on Thursday, November 2nd. The company reported ($0.65) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.68) by $0.03. Wayfair had a negative return on equity of 658.45% and a negative net margin of 5.06%. The firm had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the previous year, the firm posted ($0.54) earnings per share. The business’s revenue was up 39.1% compared to the same quarter last year. analysts predict that Wayfair Inc. will post -2.58 EPS for the current year.

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A number of equities analysts recently commented on W shares. Canaccord Genuity reaffirmed a “buy” rating on shares of Wayfair in a report on Tuesday, August 8th. BidaskClub cut Wayfair from a “strong-buy” rating to a “buy” rating in a report on Friday, August 4th. Oppenheimer Holdings, Inc. set a $88.00 target price on Wayfair and gave the stock a “buy” rating in a report on Friday, August 4th. Buckingham Research reaffirmed a “buy” rating and issued a $95.00 target price on shares of Wayfair in a report on Thursday, August 10th. Finally, Wedbush reaffirmed a “buy” rating on shares of Wayfair in a report on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and fifteen have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $76.01.

Several hedge funds have recently modified their holdings of the company. Utah Retirement Systems purchased a new position in Wayfair in the second quarter worth about $539,000. Old Mutual Global Investors UK Ltd. purchased a new position in Wayfair in the second quarter worth about $738,000. Baillie Gifford & Co. grew its position in Wayfair by 5.7% in the second quarter. Baillie Gifford & Co. now owns 1,914,674 shares of the company’s stock worth $147,200,000 after acquiring an additional 102,460 shares in the last quarter. Maverick Capital Ltd. purchased a new position in Wayfair in the second quarter worth about $4,015,000. Finally, State of Wisconsin Investment Board purchased a new position in Wayfair in the second quarter worth about $588,000. 66.99% of the stock is currently owned by hedge funds and other institutional investors.

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)

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