In today’s session Wayfair Inc (W) registered an unusually high (138) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the February, 2017 call, expecting serious W increase. With 138 contracts traded and 934 open interest for the Feb, 17 contract, it seems this is a quite bullish bet. The option with symbol: W170217C00040000 closed last at: $1.5 or 3.4% up. About 71,892 shares traded hands. Wayfair Inc (NYSE:W) has declined 11.70% since April 26, 2016 and is downtrending. It has underperformed by 16.96% the S&P500.
Analysts await Wayfair Inc (NYSE:W) to report earnings on February, 23. They expect $-0.71 EPS, down 294.44% or $0.53 from last year’s $-0.18 per share. After $-0.72 actual EPS reported by Wayfair Inc for the previous quarter, Wall Street now forecasts -1.39% EPS growth.
Wayfair Inc (NYSE:W) Ratings Coverage
Out of 18 analysts covering Wayfair LLC (NYSE:W), 8 rate it a “Buy”, 1 “Sell”, while 9 “Hold”. This means 44% are positive. Wayfair LLC has been the topic of 28 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The firm has “Market Perform” rating given on Friday, June 10 by William Blair. The stock of Wayfair Inc (NYSE:W) earned “Buy” rating by Bank of America on Tuesday, September 8. The rating was downgraded by Raymond James on Tuesday, March 22 to “Outperform”. Evercore initiated the shares of W in a report on Friday, July 31 with “Buy” rating. The company was maintained on Wednesday, August 10 by Wedbush. The firm has “Buy” rating by Maxim Group given on Wednesday, November 9. As per Thursday, May 26, the company rating was initiated by Maxim Group. The stock of Wayfair Inc (NYSE:W) has “Neutral” rating given on Friday, August 14 by Citigroup. On Tuesday, December 22 the stock rating was initiated by Suntrust Robinson with “Neutral”. The stock of Wayfair Inc (NYSE:W) has “Neutral” rating given on Wednesday, August 10 by Goldman Sachs.
According to Zacks Investment Research, “Wayfair Inc. engages in the e-commerce business. It offers bedroom, living room, kitchen and dining, home entertainment, home office, game room and bar, patio, hallway and entryway, and bathroom furniture. The Company operates under the Wayfair.com, Joss & Main, AllModern, DwellStudio, and Birch Lane brands. It offers products and services primarily in the United States. Wayfair LLC is headquartered in Boston, Massachusetts.”
Insitutional Activity: The institutional sentiment decreased to 1.08 in Q2 2016. Its down 0.35, from 1.43 in 2016Q1. The ratio dropped, as 31 funds sold all Wayfair Inc shares owned while 32 reduced positions. 29 funds bought stakes while 61 increased positions. They now own 59.77 million shares or 11.15% more from 53.78 million shares in 2016Q1.
Credit Agricole S A last reported 24,468 shares in the company. Qs Invsts Ltd Liability, a New York-based fund reported 7 shares. Blackrock Japan reported 70 shares or 0% of all its holdings. Parallax Volatility Advisers Ltd Partnership holds 2,965 shares or 0% of its portfolio. Spot Trading Ltd Com has 0.01% invested in the company for 18,233 shares. Soros Fund Management Ltd Liability Company accumulated 352,632 shares or 0.29% of the stock. The Florida-based Raymond James has invested 0.01% in Wayfair Inc (NYSE:W). Moreover, Loomis Sayles L P has 0.04% invested in Wayfair Inc (NYSE:W) for 333,603 shares. Portolan Cap Ltd Liability Corporation last reported 123,855 shares in the company. Zevenbergen Cap Invests Ltd Liability Com accumulated 0.16% or 86,030 shares. Keybank Association Oh holds 0% or 5,507 shares in its portfolio. Moreover, Harbourvest Limited Liability Corp has 71.06% invested in Wayfair Inc (NYSE:W) for 3.78M shares. Teachers, a New York-based fund reported 135,971 shares. Price T Rowe Associates Md last reported 451,787 shares in the company. Diam Com Limited holds 23,876 shares or 0.01% of its portfolio.
Insider Transactions: Since May 31, 2016, the stock had 0 insider purchases, and 121 insider sales for $52.25 million net activity. Malone Nicholas had sold 400 shares worth $15,728. Savarese James also sold $18,180 worth of Wayfair Inc (NYSE:W) shares. $480,600 worth of shares were sold by Conine Steven on Tuesday, September 6. 1,002 shares with value of $33,392 were sold by Oblak Steve on Monday, October 31. Macri Edmond sold $22,920 worth of Wayfair Inc (NYSE:W) on Tuesday, August 23. 12,000 shares were sold by Shah Niraj, worth $491,456 on Monday, June 6. Shares for $96,775 were sold by FLEISHER MICHAEL D.
Wayfair Inc. 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 has a market cap of $2.90 billion. The Firm offers a range of furniture, home furnishings, decor and goods. It currently has negative earnings. Wayfair produces editorial content both in-house and through third parties.
W Company Profile
Wayfair Inc. (Wayfair), incorporated on August 8, 2014, which 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 Firm offers a range of furniture, home furnishings, decor and goods. Wayfair produces editorial content both in-house and through third parties. The Firm offers its suppliers a real-time view of its demand and inventory needs via data and analytics.
More news for Wayfair Inc (NYSE:W) were recently published by: Fool.com, which released: “Wayfair Inc. Produces a Solid Quarter, but the Market Still Has Its Doubts” on November 08, 2016. Investorplace.com‘s article titled: “Why Wayfair Inc (W) Stock Is Plunging Today” and published on November 08, 2016 is yet another important article.
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