Wayfair Inc. (W) SVP Sells $24,426.00 in Stock

Wayfair Inc. (NYSE:W) SVP John Champlin Mulliken sold 575 shares of the company’s stock in a transaction that occurred on Thursday, February 9th. The stock was sold at an average price of $42.48, for a total value of $24,426.00. Following the completion of the sale, the senior vice president now owns 225,446 shares in the company, valued at approximately $9,576,946.08. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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

  • On Thursday, February 2nd, John Champlin Mulliken sold 475 shares of Wayfair stock. The stock was sold at an average price of $41.74, for a total value of $19,826.50.
  • On Wednesday, February 1st, John Champlin Mulliken sold 188 shares of Wayfair stock. The stock was sold at an average price of $41.44, for a total value of $7,790.72.
  • On Thursday, January 26th, John Champlin Mulliken sold 875 shares of Wayfair stock. The stock was sold at an average price of $41.94, for a total value of $36,697.50.
  • On Thursday, January 19th, John Champlin Mulliken sold 475 shares of Wayfair stock. The stock was sold at an average price of $40.44, for a total value of $19,209.00.
  • On Thursday, January 12th, John Champlin Mulliken sold 475 shares of Wayfair stock. The stock was sold at an average price of $40.50, for a total value of $19,237.50.
  • On Tuesday, January 10th, John Champlin Mulliken sold 100 shares of Wayfair stock. The stock was sold at an average price of $40.00, for a total value of $4,000.00.
  • On Friday, January 6th, John Champlin Mulliken sold 100 shares of Wayfair stock. The shares were sold at an average price of $37.50, for a total value of $3,750.00.
  • On Thursday, January 5th, John Champlin Mulliken sold 275 shares of Wayfair stock. The shares were sold at an average price of $36.41, for a total value of $10,012.75.
  • On Thursday, December 1st, John Champlin Mulliken sold 236 shares of Wayfair stock. The shares were sold at an average price of $36.29, for a total value of $8,564.44.

Shares of Wayfair Inc. (NYSE:W) traded up 1.21% during mid-day trading on Friday, reaching $42.79. The company had a trading volume of 436,755 shares. Wayfair Inc. has a 52-week low of $27.60 and a 52-week high of $49.34. The stock’s market capitalization is $3.66 billion. The company’s 50-day moving average is $39.81 and its 200 day moving average is $38.49.

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

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A number of equities research analysts have commented on W shares. Wedbush reiterated an “outperform” rating and set a $55.00 target price on shares of Wayfair in a report on Tuesday, November 1st. Zacks Investment Research cut Wayfair from a “hold” rating to a “sell” rating in a report on Saturday, December 3rd. KeyCorp reiterated a “hold” rating on shares of Wayfair in a report on Tuesday, November 8th. Credit Suisse Group AG started coverage on Wayfair in a report on Wednesday, January 11th. They set a “neutral” rating and a $40.00 target price on the stock. Finally, Canaccord Genuity reiterated a “buy” rating on shares of Wayfair in a report on Tuesday. Fourteen research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. Wayfair currently has a consensus rating of “Hold” and a consensus target price of $48.62.

Several large investors have recently added to or reduced their stakes in W. BNP Paribas Arbitrage SA raised its stake in Wayfair by 112.9% in the third quarter. BNP Paribas Arbitrage SA now owns 2,629 shares of the company’s stock valued at $104,000 after buying an additional 1,394 shares during the last quarter. Legal & General Group Plc raised its position in Wayfair by 28.8% in the second quarter. Legal & General Group Plc now owns 3,810 shares of the company’s stock worth $149,000 after buying an additional 853 shares in the last quarter. Teacher Retirement System of Texas raised its position in Wayfair by 42.4% in the second quarter. Teacher Retirement System of Texas now owns 3,905 shares of the company’s stock worth $152,000 after buying an additional 1,163 shares in the last quarter. SG Americas Securities LLC purchased a new position in Wayfair during the third quarter worth $229,000. Finally, Wedbush Securities Inc. raised its position in Wayfair by 2.9% in the third quarter. Wedbush Securities Inc. now owns 10,672 shares of the company’s stock worth $420,000 after buying an additional 300 shares in the last quarter. 70.01% of the stock is owned by institutional investors and hedge funds.

Wayfair Company Profile

Wayfair Inc (Wayfair) offers browsing, merchandising, product discovery and prices for a range of products from suppliers across various brands, including Wayfair.com, Joss & Main, AllModern, DwellStudio and Birch Lane. The Company offers a range of furniture, home furnishings, decor and goods. Wayfair produces editorial content both in-house and through third parties.

5 Day Chart for NYSE:W

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