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Wayfair board member buys $1.6 million in shares

November 29 2018 12:25 PMBrad Spears

Michael Andrew Kumin, a member of the board of directors at Wayfair (W), bought 18,500 shares of the company’s common stock on Nov 21. At $89.25 per share, Kumin paid a total of $1,651,125 for the new shares.

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About Wayfair Inc. Class A

Wayfair engages in e-commerce in the United States and Europe. The firm offers approximately 10 million products from more than 10,000 suppliers for the home sector under the brands Wayfair, Joss & Main, AllModern, DwellStudio, Birch Lane, and Perigold. This includes a selection of furniture, decor, decorative accent, housewares, seasonal decor, and other home goods. Wayfair was founded in 2002 and is focused on helping people find the perfect product at the right price.

Last Price:

$122.11
Previous Close:

$120.08
Change:

$2.03 (1.69%)
Open:

$121.14
Volume:

1,540,897
Average Volume (100 Day):

2,047,001
Market Capitalization:

$11.0 B
Day's Range:

$120.26 - $122.47
Dividend Yield:

0.00%
52-week Range:

$151 - $60.53
P-E:

0.00
EPS:

$-4.87
Earnings Date:

2/22/19
Ex Dividend Date:

N/A
Sector:

Consumer Cyclical
Industry:

Specialty Retail
Analyst Average Recommendation:

■Moderate Buy

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