Wayfair Inc. (W) Insider Steve Oblak Sells 300 Shares

Wayfair Inc. (NYSE:W) insider Steve Oblak sold 300 shares of the business’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $71.63, for a total transaction of $21,489.00. Following the completion of the transaction, the insider now directly owns 125,295 shares in the company, valued at $8,974,880.85. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Steve Oblak also recently made the following trade(s):

  • On Monday, November 20th, Steve Oblak sold 300 shares of Wayfair stock. The shares were sold at an average price of $66.57, for a total value of $19,971.00.
  • On Monday, October 23rd, Steve Oblak sold 300 shares of Wayfair stock. The shares were sold at an average price of $67.47, for a total value of $20,241.00.
  • On Monday, October 16th, Steve Oblak sold 406 shares of Wayfair stock. The shares were sold at an average price of $71.33, for a total value of $28,959.98.
  • On Monday, October 9th, Steve Oblak sold 300 shares of Wayfair stock. The shares were sold at an average price of $68.84, for a total value of $20,652.00.
  • On Monday, October 2nd, Steve Oblak sold 237 shares of Wayfair stock. The shares were sold at an average price of $67.21, for a total value of $15,928.77.
  • On Monday, September 25th, Steve Oblak sold 300 shares of Wayfair stock. The shares were sold at an average price of $74.36, for a total value of $22,308.00.
  • On Friday, September 15th, Steve Oblak sold 4,174 shares of Wayfair stock. The stock was sold at an average price of $79.92, for a total transaction of $333,586.08.
  • On Monday, September 11th, Steve Oblak sold 300 shares of Wayfair stock. The stock was sold at an average price of $77.23, for a total transaction of $23,169.00.
  • On Tuesday, September 12th, Steve Oblak sold 400 shares of Wayfair stock. The stock was sold at an average price of $77.92, for a total transaction of $31,168.00.

Wayfair Inc. (NYSE W) traded up $1.19 on Wednesday, reaching $73.77. The company had a trading volume of 1,809,356 shares, compared to its average volume of 1,545,147. Wayfair Inc. has a one year low of $34.30 and a one year high of $84.19. The company has a debt-to-equity ratio of 135.98, a current ratio of 1.19 and a quick ratio of 1.17.

Wayfair (NYSE:W) last issued its earnings results on Thursday, November 2nd. The company reported ($0.65) earnings per share 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 business had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the prior year, the business earned ($0.54) EPS. The business’s revenue for the quarter was up 39.1% compared to the same quarter last year. research analysts forecast that Wayfair Inc. will post -2.63 earnings per share for the current fiscal year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA boosted its position in shares of Wayfair by 96.2% during the second quarter. BNP Paribas Arbitrage SA now owns 1,360 shares of the company’s stock worth $105,000 after buying an additional 667 shares during the period. UBS Group AG lifted its holdings in Wayfair by 55.5% during the 1st quarter. UBS Group AG now owns 2,690 shares of the company’s stock worth $109,000 after buying an additional 960 shares during the last quarter. Delta Asset Management LLC TN lifted its holdings in 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 buying an additional 1,500 shares during the last quarter. First Mercantile Trust Co. purchased a new stake in Wayfair during the 2nd quarter worth about $138,000. Finally, Advisors Asset Management Inc. increased its position in shares of Wayfair by 1,512.5% during the third quarter. Advisors Asset Management Inc. now owns 2,322 shares of the company’s stock worth $157,000 after purchasing an additional 2,178 shares in the last quarter. 66.97% of the stock is owned by hedge funds and other institutional investors.

Several analysts have issued reports on W shares. Wolfe Research reaffirmed an “outperform” rating on shares of Wayfair in a research note on Wednesday, August 9th. KeyCorp reissued a “hold” rating on shares of Wayfair in a research note on Friday, September 29th. Piper Jaffray Companies reissued a “buy” rating and set a $89.00 price objective on shares of Wayfair in a research note on Friday, September 8th. Ifs Securities started coverage on Wayfair in a research note on Friday, September 1st. They set an “outperform” rating and a $85.00 price objective for the company. Finally, Moffett Nathanson started coverage on Wayfair in a research note on Monday. They issued a “buy” rating for the company. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and sixteen have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $76.01.

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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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