Wayfair board member buys $1.6 million in shares
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. At year-end, the firm offered approximately 14 million products from more than 11,000 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.