Wayfair Inc (NYSE:W) Insider Edmond Macri Sells 300 Shares

Wayfair Inc (NYSE:W) insider Edmond Macri sold 300 shares of the stock in a transaction dated Tuesday, June 18th. The stock was sold at an average price of $161.66, for a total transaction of $48,498.00. Following the sale, the insider now owns 950 shares of the company’s stock, valued at $153,577. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Tuesday, July 9th, Edmond Macri sold 300 shares of Wayfair stock. The stock was 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 stock was 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 stock was sold at an average price of $152.13, for a total transaction of $45,639.00.
  • On Saturday, June 15th, Edmond Macri sold 5,012 shares of Wayfair stock. The stock was 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 stock was 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 stock was 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 stock was 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 stock was 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.
  • On Tuesday, May 7th, Edmond Macri sold 500 shares of Wayfair stock. The shares were sold at an average price of $150.00, for a total transaction of $75,000.00.

Shares of Wayfair stock traded down $0.07 during trading hours on Friday, reaching $150.11. The company’s stock had a trading volume of 584,720 shares, compared to its average volume of 1,242,053. The business’s 50 day simple moving average is $149.09. Wayfair Inc has a one year low of $76.60 and a one year high of $173.72. The stock has a market cap of $13.76 billion, a PE ratio of -26.76 and a beta of 1.89.

Wayfair (NYSE:W) last posted its earnings results on Thursday, May 2nd. The company reported ($1.62) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.60) by ($0.02). The firm had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.92 billion. During the same quarter in the previous year, the business posted ($0.91) EPS. The firm’s revenue was up 38.5% on a year-over-year basis. Sell-side analysts anticipate that Wayfair Inc will post -8.34 EPS for the current year.

A number of large investors have recently modified their holdings of W. Vanguard Group Inc increased its holdings in Wayfair by 7.5% in the third quarter. Vanguard Group Inc now owns 4,761,964 shares of the company’s stock valued at $703,199,000 after purchasing an additional 332,832 shares during the last quarter. LS Investment Advisors LLC bought a new stake in shares of Wayfair in the fourth quarter worth about $60,000. M&T Bank Corp increased its holdings in shares of Wayfair by 44.3% in the fourth quarter. M&T Bank Corp now owns 4,544 shares of the company’s stock worth $409,000 after acquiring an additional 1,395 shares in the last quarter. BB&T Securities LLC increased its holdings in shares of Wayfair by 70.0% in the fourth quarter. BB&T Securities LLC now owns 4,450 shares of the company’s stock worth $400,000 after acquiring an additional 1,832 shares in the last quarter. Finally, WINTON GROUP Ltd increased its holdings in shares of Wayfair by 26.7% in the fourth quarter. WINTON GROUP Ltd now owns 4,075 shares of the company’s stock worth $367,000 after acquiring an additional 860 shares in the last quarter. Institutional investors own 80.19% of the company’s stock.

Several equities research analysts recently weighed in on the stock. Berenberg Bank raised their price target on shares of Hiscox from GBX 1,569 ($20.50) to GBX 1,581 ($20.66) and gave the company a “hold” rating in a research report on Thursday, May 9th. Jefferies Financial Group assumed coverage on shares of Wayfair in a research report on Friday, May 17th. They set a “buy” rating and a $192.00 price target for the company. Needham & Company LLC reissued a “buy” rating and set a $40.00 price target on shares of ACADIA Pharmaceuticals in a research report on Monday, July 1st. Evercore ISI started coverage on shares of Polarityte in a research report on Wednesday, March 20th. They set an “outperform” rating and a $26.00 price target for the company. Finally, Zacks Investment Research downgraded shares of Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a research report on Saturday, May 11th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and thirteen have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $152.70.

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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