Rep. Gilbert Ray Cisneros, Jr. Buys Wayfair Inc. (NYSE:W) Stock

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Wayfair Inc. (NYSE:W). In a filing disclosed on June 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Wayfair stock on May 7th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
• Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
• Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.

Wayfair Stock Up 4.4%

NYSE:W traded up $3.01 during midday trading on Thursday, reaching $71.68. The stock had a trading volume of 943,916 shares, compared to its average volume of 3,831,941. The stock has a market cap of $9.46 billion, a P/E ratio of -30.71, a P/E/G ratio of 3.75 and a beta of 3.02. The firm has a fifty day simple moving average of $70.46 and a two-hundred day simple moving average of $85.94. Wayfair Inc. has a 12-month low of $45.46 and a 12-month high of $119.98.

Wayfair (NYSE:W) last released its earnings results on Thursday, April 30th. The company reported $0.26 EPS for the quarter, hitting the consensus estimate of $0.26. Wayfair had a negative net margin of 2.41% and a negative return on equity of 2.20%. The company had revenue of $2.93 billion during the quarter, compared to analysts’ expectations of $2.89 billion. During the same quarter last year, the business earned $0.10 EPS. The business’s revenue was up 7.4% on a year-over-year basis. On average, sell-side analysts anticipate that Wayfair Inc. will post 0.63 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

W has been the subject of several recent analyst reports. Wedbush reduced their price target on Wayfair from $100.00 to $85.00 and set a “neutral” rating for the company in a report on Friday, February 20th. UBS Group dropped their price objective on Wayfair from $130.00 to $115.00 and set a “buy” rating on the stock in a report on Friday, May 1st. Piper Sandler reiterated an “overweight” rating and issued a $125.00 price objective on shares of Wayfair in a research report on Friday, February 20th. Evercore set a $100.00 target price on shares of Wayfair in a research report on Friday, February 20th. Finally, Stifel Nicolaus decreased their target price on shares of Wayfair from $100.00 to $89.00 and set a “hold” rating on the stock in a research report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Wayfair has an average rating of “Moderate Buy” and a consensus price target of $99.68.

Insider Activity

In other news, insider Jon Blotner sold 4,790 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $72.19, for a total value of $345,790.10. Following the transaction, the insider directly owned 111,158 shares in the company, valued at $8,024,496.02. This trade represents a 4.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Niraj Shah sold 6,137 shares of Wayfair stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $78.62, for a total value of $482,490.94. Following the completion of the transaction, the chief executive officer directly owned 429,137 shares in the company, valued at $33,738,750.94. This represents a 1.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 463,785 shares of company stock valued at $35,864,224 in the last ninety days. Company insiders own 18.44% of the company’s stock.

Institutional Investors Weigh In On Wayfair

A number of hedge funds and other institutional investors have recently made changes to their positions in W. Covenant Asset Management LLC purchased a new stake in Wayfair in the 4th quarter valued at about $4,403,000. Capital World Investors boosted its position in shares of Wayfair by 4.1% in the third quarter. Capital World Investors now owns 13,374,574 shares of the company’s stock worth $1,194,750,000 after acquiring an additional 521,240 shares during the last quarter. Baader Bank Aktiengesellschaft purchased a new stake in Wayfair in the third quarter valued at approximately $1,107,000. WINTON GROUP Ltd acquired a new position in Wayfair during the third quarter worth approximately $2,635,000. Finally, Quantbot Technologies LP purchased a new position in Wayfair during the third quarter worth approximately $1,958,000. Hedge funds and other institutional investors own 89.67% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Wayfair Company Profile

Wayfair Inc (NYSE: W) is an e-commerce company focused on home furnishings and décor. Through its platform, Wayfair offers a broad assortment of furniture, lighting, home textiles, kitchenware and decorative accessories. The company’s portfolio includes flagship sites such as Wayfair.com, as well as specialty retail brands like Joss & Main, AllModern, Birch Lane and Perigold, each catering to distinct design styles and price points.

Founded in 2002 by Niraj Shah and Steve Conine under the name CSN Stores, the business rebranded as Wayfair in 2011 and went public in 2014.