Wayfair Inc’s recently made public that its Officer Conine Steven acquired Company’s shares for reported $0.18 million on Jan 10 ’25. In the deal valued at $43.77 per share,4,000 shares were bought.
Then, Shah Niraj bought 4,000 shares, generating $175,080 in total proceeds.
Before that, Tan Fiona sold 8,249 shares. Wayfair Inc shares valued at $370,426 were divested by the Chief Technology Officer at a price of $44.91 per share. As a result of the transaction, Tan Fiona now holds 96,557 shares, worth roughly $4.26 million.
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 Friday, Wayfair Inc [NYSE:W] saw its stock fall -2.71% to $44.10. Over the last five days, the stock has lost -4.26%. Wayfair Inc shares have fallen nearly -0.50% since the year began. Nevertheless, the stocks have fallen -20.90% 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 01/10/25. SMA at 50 days reached $45.20, while 200 days put it at $51.59.
Levels Of Support And Resistance For W Stock
The 24-hour chart illustrates a support level at 43.25, which if violated will result in even more drops to 42.39. On the upside, there is a resistance level at 45.01. A further resistance level may holdings at 45.91. The Relative Strength Index (RSI) on the 14-day chart is 43.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.71%. Stochastics %K at 31.58% 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.
