In a filing, Wayfair Inc revealed its Officer Conine Steven acquired Company’s shares for reported $0.18 million on Feb 10 ’25. In the deal valued at $45.22 per share,4,000 shares were bought.
Then, Shah Niraj bought 4,000 shares, generating $180,880 in total proceeds.
Before that, Schaferkordt Anke sold 475 shares. Wayfair Inc shares valued at $22,050 were divested by the Director at a price of $46.42 per share. As a result of the transaction, Schaferkordt Anke now holds 13,554 shares, worth roughly $0.6 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 Tuesday, Wayfair Inc [NYSE:W] saw its stock fall -0.27% to $44.39. Over the last five days, the stock has lost -6.33%. Wayfair Inc shares have risen nearly 0.16% since the year began. Nevertheless, the stocks have fallen -13.96% over the past one year. While a 52-week high of $76.18 was reached on 01/31/25, a 52-week low of $37.35 was recorded on 01/16/25. SMA at 50 days reached $47.34, while 200 days put it at $50.10.
Levels Of Support And Resistance For W Stock
The 24-hour chart illustrates a support level at 43.61, which if violated will result in even more drops to 42.83. On the upside, there is a resistance level at 44.98. A further resistance level may holdings at 45.57. The Relative Strength Index (RSI) on the 14-day chart is 43.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.30%. Stochastics %K at 13.58% indicates the stock is a buying.
How much short interest is there in Wayfair Inc?
A steep rise in short interest was recorded in Wayfair Inc stocks on 2025-01-31, growing by 2.28 million shares to a total of 17.01 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 14.73 million shares. There was a rise of 13.41%, which implies that there is a positive sentiment for the stock.
