In a filing, Wayfair Inc revealed 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 $17.95 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 Monday, Wayfair Inc [NYSE:W] saw its stock jump 0.66% to $32.10. Over the last five days, the stock has lost -3.75%. Wayfair Inc shares have fallen nearly -27.57% since the year began. Nevertheless, the stocks have fallen -50.17% over the past one year. While a 52-week high of $76.18 was reached on 01/31/25, a 52-week low of $31.00 was recorded on 03/13/25. SMA at 50 days reached $43.05, while 200 days put it at $47.34.
Levels Of Support And Resistance For W Stock
The 24-hour chart illustrates a support level at 31.41, which if violated will result in even more drops to 30.72. On the upside, there is a resistance level at 32.78. A further resistance level may holdings at 33.46. The Relative Strength Index (RSI) on the 14-day chart is 32.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.20%. Stochastics %K at 7.23% 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 2025-02-28, growing by 0.96 million shares to a total of 17.97 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 17.01 million shares. There was a rise of 5.33%, which implies that there is a positive sentiment for the stock.
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.
