Wayfair Inc’s recently made public that its Officer Gulliver Kate acquired Company’s shares for reported $0.27 million on Jan 06 ’25. In the deal valued at $47.06 per share,5,754 shares were bought.
Then, Blotner Jon bought 4,521 shares, generating $211,963 in total proceeds.
Before that, Netzer Thomas bought 5,582 shares. Wayfair Inc shares valued at $262,071 were divested by the Former Officer at a price of $46.95 per share.
Wedbush downgraded its Wayfair Inc [W] rating to a Neutral from a an Outperform in a research note published on January 06, 2025; the price target was decreased to $44 from $45. A number of analysts have revised their coverage, including Needham’s analysts, who remained covering the stock and in early November has reiterated a ‘”a Buy”‘ rating for it. UBS maintained its rating on October 22, 2024. It rated W as “a Buy”.
Price Performance Review of W
On Monday, Wayfair Inc [NYSE:W] saw its stock jump 6.50% to $48.49. Over the last five days, the stock has gained 10.83%. Wayfair Inc shares have risen nearly 9.41% since the year began. Nevertheless, the stocks have fallen -13.80% over the past one year. While a 52-week high of $76.18 was reached on 01/06/25, a 52-week low of $37.35 was recorded on 01/03/25. SMA at 50 days reached $45.17, while 200 days put it at $51.87.
Levels Of Support And Resistance For W Stock
The 24-hour chart illustrates a support level at 46.67, which if violated will result in even more drops to 44.85. On the upside, there is a resistance level at 49.63. A further resistance level may holdings at 50.77. The Relative Strength Index (RSI) on the 14-day chart is 55.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 38.68%. Stochastics %K at 36.54% 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 2024-12-13, growing by 1.54 million shares to a total of 17.58 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 16.04 million shares. There was a rise of 8.76%, which implies that there is a positive sentiment for the stock.
