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Wayfair Inc (W) may enjoy gains as insiders got busy in the recent days

Wayfair Inc’s filing revealed that its Officer Shah Niraj acquired Company’s shares for reported $0.14 million on Mar 10 ’25. In the deal valued at $34.02 per share,4,000 shares were bought.

Then, Conine Steven bought 4,000 shares, generating $136,080 in total proceeds.

Before that, Conine Steven sold 30,000 shares. Wayfair Inc shares valued at $1,389,992 were divested by the Co-Founder at a price of $46.33 per share. As a result of the transaction, Conine Steven now holds 559,073 shares, worth roughly $19.05 million.

Jefferies upgraded its Wayfair Inc [W] rating to a Buy from a a Hold in a research note published on March 07, 2025; the price target was increased to $47 from $45. A number of analysts have revised their coverage, including Wedbush’s analysts, who decreased its forecast for the stock in early January from “an Outperform” to “a Neutral”. Needham also remained covering W and reiterated its “Buy” recommendation on November 04, 2024.

Price Performance Review of W

On Tuesday, Wayfair Inc [NYSE:W] saw its stock jump 2.19% to $34.08. Over the last five days, the stock has gained 1.31%. Wayfair Inc shares have fallen nearly -23.10% since the year began. Nevertheless, the stocks have fallen -43.07% over the past one year. While a 52-week high of $76.18 was reached on 01/31/25, a 52-week low of $32.41 was recorded on 03/10/25. SMA at 50 days reached $44.03, while 200 days put it at $47.92.

Levels Of Support And Resistance For W Stock

The 24-hour chart illustrates a support level at 32.94, which if violated will result in even more drops to 31.81. On the upside, there is a resistance level at 35.07. A further resistance level may holdings at 36.07. The Relative Strength Index (RSI) on the 14-day chart is 33.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.98, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.02%. Stochastics %K at 9.20% indicates the stock is a buying.

The most recent change occurred on October 22, 2024 when UBS resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $65.

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