Buffett Dumps $982 Million in BofA Stock—What Does He Know?

Buffett's been eerily quiet about his reasons, but his actions speak volumes. When someone with his track record starts pulling out of the market, it's time to pay attention.

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Jon Blotner Biography and Net Worth

Insider of Wayfair

Jon Blotner is Wayfair’s Incoming Chief Commercial Officer, overseeing strategy and execution for the company’s global retail businesses, including Marketing, Advertising, Merchandising, Pricing, Category, Physical Retail, Proprietary & Specialty Brands, and its luxury brand, Perigold. Prior to that, he oversaw the company’s Exclusive Brands and Specialty Retail Brands, which include AllModern, Joss & Main and Birch Lane, as well as Wayfair’s global pricing, forecasting, and merchandising systems and teams.

Before joining Wayfair, Jon served as President of Gemvara.com until it was acquired by Berkshire Hathaway in 2016. Prior to Gemvara, Jon worked for Bain & Company in Boston, Mass. He holds an M.B.A. from the Harvard Business School and a B.A. from the University of Pennsylvania.

What is Jon Blotner's net worth?: The estimated net worth of Jon Blotner is at least $2.29 million as of October 14th, 2024. Mr. Blotner owns 52,078 shares of Wayfair stock worth more than $2,292,994 as of November 22nd. This net worth approximation does not reflect any other assets that Mr. Blotner may own. Additionally, Mr. Blotner receives an annual salary of $1,010,000.00 as Insider at Wayfair. Learn More about Jon Blotner's net worth.
How old is Jon Blotner?: Mr. Blotner is currently 43 years old. There are 5 older executives and no younger executives at Wayfair. Learn More on Jon Blotner's age.
What is Jon Blotner's salary?: As the Insider of Wayfair Inc., Mr. Blotner earns $1,010,000.00 per year. Learn More on Jon Blotner's salary.
How do I contact Jon Blotner?: The corporate mailing address for Mr. Blotner and other Wayfair executives is 4 COPLEY PLACE 7TH FLOOR, BOSTON MA, 02116. Wayfair can also be reached via phone at (617) 532-6100 and via email at [email protected]. Learn More on Jon Blotner's contact information.
Has Jon Blotner been buying or selling shares of Wayfair?: During the last ninety days, Jon Blotner has sold $567,898.85 in shares of Wayfair stock. Most recently, Jon Blotner sold 4,600 shares of the business's stock in a transaction on Monday, October 14th. The shares were sold at an average price of $53.60, for a transaction totalling $246,560.00. Following the completion of the sale, the insider now directly owns 52,078 shares of the company's stock, valued at $2,791,380.80. Learn More on Jon Blotner's trading history.
Who are Wayfair's active insiders?: Wayfair's insider roster includes Jon Blotner (Insider), Michael Choe (Director), Steven Conine (Insider), Michael Fleisher (CFO), Kate Gulliver (CFO), Michael Kumin (Director), Edmond Macri (Insider), James Miller (CTO), John Mulliken (CTO), Thomas Netzer (COO), Steve Oblak (Insider), James Savarese (COO), Anke Schaferkordt (Director), Niraj Shah (CEO), and Fiona Tan (CTO). Learn More on Wayfair's active insiders.
Are insiders buying or selling shares of Wayfair?: During the last twelve months, insiders at the sold shares 43 times. They sold a total of 275,944 shares worth more than $15,219,316.61. The most recent insider tranaction occured on November, 20th when insider Steven Conine sold 30,000 shares worth more than $1,269,300.00. Insiders at Wayfair own 26.8% of the company. Learn More about insider trades at Wayfair.
Information on this page was last updated on 11/20/2024.

Jon Blotner Insider Trading History at Wayfair

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
10/14/2024	Sell	4,600	$53.60	$246,560.00	52,078
10/2/2024	Sell	6,055	$53.07	$321,338.85	62,817
7/15/2024	Sell	4,395	$56.09	$246,515.55	43,926
7/2/2024	Sell	4,801	$50.95	$244,610.95	53,152
4/15/2024	Sell	4,144	$60.52	$250,794.88	37,957
4/4/2024	Sell	3,022	$64.94	$196,248.68	42,101
4/2/2024	Sell	3,282	$63.10	$207,094.20	48,322
2/5/2024	Sell	3,492	$50.34	$175,787.28	32,118
1/3/2024	Sell	5,186	$55.23	$286,422.78	40,515
11/6/2023	Sell	3,628	$50.00	$181,400.00	24,417
10/3/2023	Sell	4,255	$57.46	$244,492.30	28,045

Jon Blotner Buying and Selling Activity at Wayfair

Wayfair Company Overview

Wayfair Inc. provides e-commerce business in the United States and internationally. The company offers approximately thirty million products for the home sector. It offers online selections of furniture, décor, housewares, and home improvement products through its sites consisting of Wayfair, Joss & Main, AllModern, Birch Lane, Perigold, and Wayfair Professional. The company offers its products under the Three Posts and Mercury Row brand name. The company was founded in 2002 and is headquartered in Boston, Massachusetts.

Today's Range

Now: $44.03

$42.88

$44.94

50 Day Range

MA: $47.93

$37.77

$56.93

2 Week Range

Now: $44.03

$37.35

$76.18

Volume

3,969,335 shs

Average Volume

4,441,767 shs

Market Capitalization

$5.52 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

3.46

Buffett Dumps $982 Million in BofA Stock—What Does He Know?

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Buffett's been eerily quiet about his reasons, but his actions speak volumes. When someone with his track record starts pulling out of the market, it's time to pay attention.

Get your FREE, no-obligation Wealth Protection Guide now

Jon Blotner Biography and Net Worth

What is Jon Blotner's net worth?

How old is Jon Blotner?

What is Jon Blotner's salary?

How do I contact Jon Blotner?

Has Jon Blotner been buying or selling shares of Wayfair?

Who are Wayfair's active insiders?

Are insiders buying or selling shares of Wayfair?