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W

Insiders Were Right: W Makes New 52-Week High

In trading on Friday, shares of Wayfair Inc (Symbol: W) touched a new 52-week high of $156.78/share. That's a 159.01% rise, or $96.25 per share from the 52-week low of $60.53 set back on 04/30/2018. That means at today's intraday high, any investor who purchased W stock any time over the past 52 weeks has an unrealized gain, including company insiders.

Over the past six months, insiders have been scooping up shares, and those bets are now paying off handsomely. As summarized by the table below, W has seen 2 different instances of insiders buying over the trailing six month period.

Purchased Insider Title Shares Price/Share Value
11/16/2018 Robert James Gamgort Director 2,850 $89.51 $255,103.50
11/21/2018 Michael Andrew Kumin Director 18,500 $89.25 $1,651,125.00

The chart below shows where W has traded over the past year, with the 50-day and 200-day moving averages included.

Wayfair Inc Moving Averages Chart

In afternoon trading on Friday, W shares are changing hands at $151.06/share, slightly below the new 52-week high.

Ten Bargains You Can Buy Cheaper Than The Insiders Did »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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