581 institutions hold shares in Wayfair Inc. (W), with 5.77M shares held by insiders accounting for 5.81% while institutional investors hold 113.92% of the company’s shares. The shares outstanding are 95.37M, and float is at 68.63M with Short Float at 16.70%. Institutions hold 107.31% of the Float.
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The top institutional shareholder in the company is FMR, LLC with over 10.91 million shares valued at $2.46 billion. The investor’s holdings represent 14.99% of the W Shares outstanding. As of Dec 30, 2020, the second largest holder is Baillie Gifford and Company with 7.69 million shares valued at $1.74 billion to account for 10.56% of the shares outstanding. The other top investors are Vanguard Group, Inc. (The) which holds 6.06 million shares representing 8.32% and valued at over $1.37 billion, while Spruce House Investment Management LLC holds 6.59% of the shares totaling 4.8 million with a market value of $1.08 billion.
Wayfair Inc. (NYSE: W) is 16.43% higher on its value in year-to-date trading and has touched a low of $21.70 and a high of $369.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The W stock was last observed hovering at around $266.96 in the last trading session, with the day’s loss setting it -4.06% off its average median price target of $310.00 for the next 12 months. It is also 29.89% off the consensus price target high of $375.00 offered by 31 analysts, but current levels are -46.06% lower than the price target low of $180.00 for the same period.
Currently trading at $262.90, the stock is -7.20% and -3.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.38 million and changing -1.52% at the moment leaves the stock 3.13% off its SMA200. W registered 248.03% gain for a year compared to 6-month loss of -22.83%. The firm has a 50-day simple moving average (SMA 50) of $282.53 and a 200-day simple moving average (SMA200) of $278.35.
The stock witnessed a -12.35% gain in the last 1 month and extending the period to 3 months gives it a 5.77%, and is -5.28% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.24% over the week and 6.32% over the month.
Wayfair Inc. (W) has around 16985 employees, a market worth around $24.28B and $13.01B in sales. Fwd P/E is 103.75. Profit margin for the company is -1.30%. Distance from 52-week low is 1111.52% and -28.75% from its 52-week high. The company has generated returns on investments over the last 12 months (-182.70%).
Wayfair Inc. (W) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Wayfair Inc. (W) is a “Hold”. 31 analysts offering their recommendations for the stock have an average rating of 2.50, where 12 rate it as a Hold and 0 think it is a “Overweight”. 13 of the analysts rate the stock as a “Buy”. 6 analysts have rated the stock as a Sell or Underperform.
Wayfair Inc. is expected to release its quarterly report on 05/11/2021 and quarterly earnings per share for the current quarter are estimated at $0.83 with sales reaching $3.74B over the same period.The EPS is expected to shrink by -90.10% this year, but quarterly earnings will post 56.00% year-over-year. Quarterly sales are estimated to grow 47.50% in year-over-year returns.
Wayfair Inc. (W) Insider Activity
A total of 175 insider transactions have happened at Wayfair Inc. (W) in the last six months, with sales accounting for 130 and purchases happening 45 times. The most recent transaction is an insider sale by FLEISHER MICHAEL D, the company’s Chief Financial Officer. SEC filings show that FLEISHER MICHAEL D sold 750 shares of the company’s common stock on Feb 11 at a price of $293.46 per share for a total of $0.22 million. Following the sale, the insider now owns 98746.0 shares.
Wayfair Inc. disclosed in a document filed with the SEC on Feb 11 that Miller James R. (Chief Technology Officer) sold a total of 500 shares of the company’s common stock. The trade occurred on Feb 11 and was made at $300.00 per share for $0.15 million. Following the transaction, the insider now directly holds 17565.0 shares of the W stock.
Still, SEC filings show that on Feb 10, FLEISHER MICHAEL D (Chief Financial Officer) disposed off 750 shares at an average price of $290.31 for $0.22 million. The insider now directly holds 99,496 shares of Wayfair Inc. (W).
Wayfair Inc. (W): Who are the competitors?
The company’s main competitors (and peers) include Conn’s Inc. (CONN) that is trading 57.19% up over the past 12 months. Party City Holdco Inc. (PRTY) is 199.63% up on the 1-year trading charts. Short interest in the company’s stock has fallen -11.43% from the last report on Dec 30, 2020 to stand at a total of 12.77 million short shares sold with a short interest ratio of 4.79.