Wayfair Inc’s recent filing unveils that its Co-Founder Conine Steven unloaded Company’s shares for reported $1.39 million on Feb 20 ’25. In the deal valued at $46.33 per share,30,000 shares were sold. As a result of this transaction, Conine Steven now holds 559,073 shares worth roughly $20.47 million.
Then, Shah Niraj sold 30,000 shares, generating $1,389,739 in total proceeds. Upon selling the shares at $46.32, the Chief Executive Officer now owns 559,137 shares.
Before that, Conine Steven bought 30,000 shares. Wayfair Inc shares valued at $1,476,600 were divested by the Officer at a price of $49.22 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 fall -7.41% to $36.62. Over the last five days, the stock has lost -11.27%. Wayfair Inc shares have fallen nearly -17.37% since the year began. Nevertheless, the stocks have fallen -36.52% 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 03/03/25. SMA at 50 days reached $45.47, while 200 days put it at $48.95.
Levels Of Support And Resistance For W Stock
The 24-hour chart illustrates a support level at 35.53, which if violated will result in even more drops to 34.45. On the upside, there is a resistance level at 38.75. A further resistance level may holdings at 40.89. The Relative Strength Index (RSI) on the 14-day chart is 30.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.73%. Stochastics %K at 3.43% indicates the stock is a buying.
