Wayfair Inc (W) Insider Edmond Macri Sells 796 Shares

Wayfair Inc (NYSE:W) insider Edmond Macri sold 796 shares of the firm’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $79.87, for a total transaction of $63,576.52. Following the sale, the insider now directly owns 1,000 shares in the company, valued at $79,870. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

  • On Tuesday, December 26th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $80.36, for a total transaction of $48,216.00.
  • On Friday, December 15th, Edmond Macri sold 5,043 shares of Wayfair stock. The stock was sold at an average price of $76.50, for a total transaction of $385,789.50.
  • On Tuesday, December 12th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $73.84, for a total transaction of $44,304.00.
  • On Tuesday, November 28th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $68.80, for a total transaction of $41,280.00.
  • On Tuesday, November 7th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $64.17, for a total transaction of $38,502.00.
  • On Tuesday, October 31st, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $69.49, for a total transaction of $41,694.00.
  • On Tuesday, October 24th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $66.69, for a total transaction of $40,014.00.
  • On Tuesday, October 17th, Edmond Macri sold 1,571 shares of Wayfair stock. The stock was sold at an average price of $70.03, for a total transaction of $110,017.13.
  • On Tuesday, October 10th, Edmond Macri sold 600 shares of Wayfair stock. The stock was sold at an average price of $65.76, for a total transaction of $39,456.00.

Shares of Wayfair Inc (W) traded down $2.57 during trading hours on Thursday, hitting $78.45. 2,693,800 shares of the company were exchanged, compared to its average volume of 2,369,600. The company has a current ratio of 1.19, a quick ratio of 1.17 and a debt-to-equity ratio of 135.98. The company has a market capitalization of $6,860.00, a price-to-earnings ratio of -31.51 and a beta of 0.96. Wayfair Inc has a fifty-two week low of $35.11 and a fifty-two week high of $84.19.

Wayfair (NYSE:W) last issued its quarterly earnings results on Thursday, November 2nd. The company reported ($0.65) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.68) by $0.03. The business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.21 billion. Wayfair had a negative net margin of 5.06% and a negative return on equity of 658.45%. The business’s revenue was up 39.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.54) earnings per share. analysts forecast that Wayfair Inc will post -2.64 earnings per share for the current fiscal year.

Several research firms recently issued reports on W. Bank of America cut shares of Wayfair from a “buy” rating to a “neutral” rating and set a $88.00 target price on the stock. in a research report on Wednesday. Wedbush reissued an “outperform” rating on shares of Wayfair in a research report on Wednesday, December 27th. DA Davidson began coverage on shares of Wayfair in a research report on Wednesday, September 13th. They issued a “neutral” rating and a $78.00 target price on the stock. Oppenheimer reissued a “buy” rating and issued a $88.00 target price on shares of Wayfair in a research report on Wednesday, September 13th. Finally, Canaccord Genuity reissued a “buy” rating and issued a $90.00 target price on shares of Wayfair in a research report on Sunday, October 1st. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and fifteen have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $76.90.

Several large investors have recently modified their holdings of the stock. Utah Retirement Systems acquired a new position in Wayfair in the second quarter worth $539,000. Old Mutual Global Investors UK Ltd. acquired a new position in Wayfair in the second quarter worth $738,000. Baillie Gifford & Co. boosted its holdings 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 purchasing an additional 102,460 shares during the period. Maverick Capital Ltd. acquired a new position in Wayfair in the second quarter worth $4,015,000. Finally, State of Wisconsin Investment Board acquired a new position in Wayfair in the second quarter worth $588,000. Institutional investors and hedge funds own 66.73% of the company’s stock.

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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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