Wayfair Inc CTO Fiona Tan Sells 17,266 Shares
Fiona Tan, Chief Technology Officer of Wayfair Inc (NYSE:W), executed a sale of 17,266 shares in the company on January 4, 2024, according to a recent SEC Filing. The transaction was carried out at an average price of $54.99 per share, resulting in a total value of $949,441.34.
Wayfair Inc is an e-commerce company that sells furniture and home-goods. Its digital platform offers 14 million items from more than 11,000 global suppliers. The company is headquartered in Boston, Massachusetts, and operates throughout North America and Europe.
Over the past year, the insider has sold a total of 69,112 shares of Wayfair Inc and has not made any purchases of the stock. The recent sale by the insider is part of a broader trend observed over the past year, where there have been no insider buys and 48 insider sells for the company.
On the valuation front, Wayfair Inc's shares were trading at $54.99 on the day of the insider's sale, giving the company a market capitalization of $6.529 billion. The stock's price-to-GF-Value ratio stands at 0.81, indicating that Wayfair Inc is modestly undervalued according to the GF Value estimate of $68.00 per share.
The GF Value is a proprietary intrinsic value estimate from GuruFocus, which is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's historical returns and growth, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
