The price of Wayfair Inc (NYSE:W) shares last traded on Wall Street rose 5.57% to $33.72.
W stock price is now -16.47% away from the 50-day moving average and -26.54% away from the 200-day moving average. The market capitalization of the company currently stands at $4.28B.
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With the price target enhanced from $45 to $47, Jefferies Upgraded its rating from Hold to Buy for Wayfair Inc (NYSE: W). On January 06, 2025, Wedbush Downgraded its previous ‘Outperform’ rating to ‘Neutral’ on the stock reducing its target price from $45 to quote $44, while ‘Needham’ rates the stock as ‘Buy’
In other news, Gulliver Kate, CFO and Chief Admin Officer sold 19,296 shares of the company’s stock on Apr 02 ’25. The stock was sold for $611,071 at an average price of $31.67. Upon completion of the transaction, the CFO and Chief Admin Officer now directly owns 144,474 shares in the company, valued at $4.87 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 02 ’25, Pres., Commercial & Operations Blotner Jon sold 19,257 shares of the business’s stock. A total of $610,023 was realized by selling the stock at an average price of $31.68. This leaves the insider owning 78,308 shares of the company worth $2.64 million. A total of 26.89% of the company’s stock is owned by insiders.
During the past 12 months, Wayfair Inc has had a low of $29.68 and a high of $76.18. The fifty day moving average price for W is $40.3678 and a two-hundred day moving average price translates $45.9023 for the stock.
The latest earnings results from Wayfair Inc (NYSE: W) was released for 2024-12-31. The company reported revenue of $3.12 billion for the quarter, compared to $3.11 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.22 percent.
