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BOSTON — Anke Schaferkordt, a director at Wayfair Inc . (NYSE:W), recently sold 461 shares of the company’s Class A common stock. The shares were sold at an average price of $32.59, totaling approximately $15,023. The stock, currently trading at $30.92, has shown significant volatility with a 52-week range of $20.41 to $76.17. According to InvestingPro analysis, Wayfair appears slightly undervalued based on its Fair Value metrics. This transaction was executed on May 2, 2025, and was carried out to cover necessary tax withholding obligations as part of Wayfair’s policies related to the vesting of Restricted Stock Units. Consequently, Schaferkordt’s direct ownership now stands at 14,689 shares. The sale was not a discretionary trade by Schaferkordt, as it was mandated by company policy. With a market capitalization of approximately $4 billion and an overall Financial Health score rated as "FAIR" by InvestingPro, investors can access comprehensive analysis and additional insights through the platform’s detailed Pro Research Report, which covers over 1,400 US stocks.
In other recent news, Wayfair’s first-quarter earnings and revenue results have surpassed expectations, highlighting the company’s resilience in a challenging economic environment. The revenue exceeded analyst projections, with the U.S. market showing a growth of 1.6%. The company’s improved margins were attributed to cost-cutting measures, including a tech restructuring that has yielded financial benefits sooner than anticipated. Evercore ISI responded to these developments by raising Wayfair’s price target to $45, maintaining an Outperform rating, while Needham adjusted its price target to $40 but kept a Buy rating. JPMorgan also revised its price target to $48, maintaining an Overweight rating, citing a cautious outlook amid macroeconomic uncertainties. Meanwhile, Goldman Sachs maintained a Neutral rating with a $31 price target, acknowledging the company’s strong demand trends and expense discipline. Stifel raised its price target to $32, retaining a Hold rating, and noted Wayfair’s strategic advantage in leveraging its logistics service, CastleGate. These recent developments reflect a complex landscape for Wayfair, as it navigates uncertainties while maintaining a focus on growth and cost management.
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