As Wayfair INC (W) Stock Value Rose, Harbourvest Partners LLC Has Trimmed Its Stake

February 15, 2018 - By Marguerite Chambers

Investors sentiment increased to 1.63 in 2017 Q3. Its up 0.41, from 1.22 in 2017Q2. It increased, as 27 investors sold W shares while 44 reduced holdings. 48 funds opened positions while 68 raised stakes. 58.00 million shares or 1.74% more from 57.01 million shares in 2017Q2 were reported. Barclays Public Ltd Com reported 40,831 shares or 0% of all its holdings. Rosenblum Silverman Sutton S F Ca owns 43,095 shares. Clough Capital Prns LP owns 3,400 shares. 850,000 were accumulated by Hitchwood Cap Mgmt Lp. The California-based Aperio Grp Ltd Liability Com has invested 0% in Wayfair Inc. (NYSE:W). 21,635 are owned by Parametric Port Associate. Teacher Retirement Systems Of Texas invested in 2,988 shares or 0% of the stock. State Of New Jersey Common Pension Fund D has 0.02% invested in Wayfair Inc. (NYSE:W) for 64,500 shares. Moreover, Samlyn Capital Lc has 1.39% invested in Wayfair Inc. (NYSE:W) for 814,553 shares. Morgan Stanley holds 207,433 shares or 0% of its portfolio. Geode Cap Management Lc holds 0.01% in Wayfair Inc. (NYSE:W) or 316,247 shares. Millennium Management Limited stated it has 0.01% of its portfolio in Wayfair Inc. (NYSE:W). Amundi Pioneer Asset Mngmt Inc reported 110,251 shares. Goodnow Grp Limited Liability Com has invested 3.31% in Wayfair Inc. (NYSE:W). Quantbot Technology Limited Partnership holds 0.12% of its portfolio in Wayfair Inc. (NYSE:W) for 18,508 shares.

Since August 14, 2017, it had 0 insider purchases, and 79 selling transactions for $20.13 million activity. Oblak Steve sold $56,901 worth of stock. The insider Conine Steven sold $184,420. FLEISHER MICHAEL D had sold 3,330 shares worth $294,971 on Sunday, January 21. $52,944 worth of Wayfair Inc. (NYSE:W) was sold by Macri Edmond. $47,285 worth of Wayfair Inc. (NYSE:W) was sold by Mulliken John Champlin on Thursday, August 24. On Monday, August 28 Kumin Michael Andrew sold $495,107 worth of Wayfair Inc. (NYSE:W) or 7,231 shares.

Harbourvest Partners Llc decreased its stake in Wayfair Inc. (W) by 26.7% based on its latest 2017Q3 regulatory filing with the SEC. Harbourvest Partners Llc sold 464,292 shares as the company’s stock rose 54.30% with the market. The institutional investor held 1.27M shares of the catalog and specialty distribution company at the end of 2017Q3, valued at $85.93 million, down from 1.74M at the end of the previous reported quarter. Harbourvest Partners Llc who had been investing in Wayfair Inc. for a number of months, seems to be less bullish one the $8.58B market cap company. The stock increased 0.57% or $0.56 during the last trading session, reaching $97.62. About 955,712 shares traded. Wayfair Inc. (NYSE:W) has risen 54.80% since February 15, 2017 and is uptrending. It has outperformed by 38.10% the S&P500.

Harbourvest Partners Llc, which manages about $38.85 billion and $151.52M US Long portfolio, upped its stake in Myokardia Inc. by 76,242 shares to 120,387 shares, valued at $5.16M in 2017Q3, according to the filing.

Analysts await Wayfair Inc. (NYSE:W) to report earnings on February, 22. They expect $-0.74 EPS, down 45.10 % or $0.23 from last year’s $-0.51 per share. After $-0.88 actual EPS reported by Wayfair Inc. for the previous quarter, Wall Street now forecasts -15.91 % EPS growth.

More recent Wayfair Inc. (NYSE:W) news were published by: Investorplace.com which released: “Wayfair Inc Stock Isn’t a High Quality Buy … Yet” on January 24, 2018. Also Fool.com published the news titled: “Why Wayfair Inc. Stock Skyrocketed 129% Last Year” on January 16, 2018. Wsj.com‘s news article titled: “The Wayfair Riddle” with publication date: February 12, 2018 was also an interesting one.

Wayfair Inc. (NYSE:W) Ratings Coverage

Among 30 analysts covering Wayfair LLC (NYSE:W), 13 have Buy rating, 1 Sell and 16 Hold. Therefore 43% are positive. Wayfair LLC had 80 analyst reports since July 31, 2015 according to SRatingsIntel. The company was initiated on Thursday, June 16 by Longbow. On Thursday, November 2 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm has “Buy” rating given on Friday, August 25 by Stifel Nicolaus. The stock has “Neutral” rating by Bank of America on Wednesday, August 10. On Wednesday, August 10 the stock rating was downgraded by Goldman Sachs to “Neutral”. Robert W. Baird initiated Wayfair Inc. (NYSE:W) on Thursday, January 7 with “Neutral” rating. The firm has “Buy” rating given on Friday, December 15 by Stifel Nicolaus. The firm has “Neutral” rating given on Friday, August 14 by Citigroup. Maxim Group maintained it with “Buy” rating and $45 target in Wednesday, November 9 report. The rating was initiated by Buckingham Research on Monday, April 11 with “Buy”.

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