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Wayfair's CTO and CFO sold substantial stock portions, despite the company exceeding revenue expectations in Q4.
Wayfair CTO Fiona Tan and CFO Kate Gulliver recently sold significant portions of their company's stock, reducing their ownership by 17.66% and 11.78%, respectively.
Despite these sales, Wayfair, an e-commerce home goods company, reported a Q4 loss but exceeded revenue expectations with $3.12 billion.
The stock has an average target price of $54.84 and is mainly held by institutional investors.
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El CTO y el CFO de Wayfair vendieron porciones sustanciales de acciones, a pesar de que la compañía superó las expectativas de ingresos en el cuarto trimestre.