Wayfair Inc’s recently made public that its Officer Conine Steven acquired Company’s shares for reported $0.11 million on Oct 10 ’24. In the deal valued at $53.49 per share,2,000 shares were bought.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Shah Niraj bought 2,000 shares, generating $106,980 in total proceeds.
Before that, Tan Fiona sold 10,179 shares. Wayfair Inc shares valued at $530,855 were divested by the Chief Technology Officer at a price of $52.15 per share. As a result of the transaction, Tan Fiona now holds 74,476 shares, worth roughly $4.05 million.
Argus downgraded its Wayfair Inc [W] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Gordon Haskett’s analysts, who decreased its forecast for the stock in early August from “a Buy” to “a Hold”. BofA Securities also remained covering W and has decreased its forecast on August 01, 2024 with a “Neutral” recommendation from previously “Buy” rating. Argus revised its rating on May 16, 2024. It rated W as “a Buy” which previously was an “a Hold”.
Price Performance Review of W
On Friday, Wayfair Inc [NYSE:W] saw its stock jump 0.11% to $54.35. Over the last five days, the stock has lost -2.63%. Wayfair Inc shares have fallen nearly -11.91% since the year began. Nevertheless, the stocks have fallen -0.22% over the past one year. While a 52-week high of $76.18 was reached on 05/13/24, a 52-week low of $38.02 was recorded on 08/12/24. SMA at 50 days reached $47.26, while 200 days put it at $54.77.
Levels Of Support And Resistance For W Stock
The 24-hour chart illustrates a support level at 53.34, which if violated will result in even more drops to 52.34. On the upside, there is a resistance level at 54.90. A further resistance level may holdings at 55.46. The Relative Strength Index (RSI) on the 14-day chart is 57.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.67%. Stochastics %K at 48.68% indicates the stock is a holding.
How much short interest is there in Wayfair Inc?
A steep rise in short interest was recorded in Wayfair Inc stocks on 2024-09-30, dropping by -1.81 million shares to a total of 20.34 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 22.16 million shares. There was a decline of -8.91%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on April 24, 2024 when RBC Capital Mkts resumed its ‘”a Sector perform”‘ rating for the stock and retained the price target to $61.
