Insider Selling: Wayfair (NYSE:W) CEO Sells 107,818 Shares of Stock

Wayfair Inc. (NYSE:W) CEO Niraj Shah sold 107,818 shares of the firm’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $77.19, for a total transaction of $8,322,471.42. Following the completion of the sale, the chief executive officer owned 61,319 shares in the company, valued at $4,733,213.61. This represents a 63.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Niraj Shah also recently made the following trade(s):

• On Tuesday, March 24th, Niraj Shah sold 1,571 shares of Wayfair stock. The stock was sold at an average price of $77.18, for a total transaction of $121,249.78.
• On Thursday, February 26th, Niraj Shah sold 27,000 shares of Wayfair stock. The shares were sold at an average price of $78.88, for a total transaction of $2,129,760.00.
• On Monday, February 23rd, Niraj Shah sold 93,000 shares of Wayfair stock. The shares were sold at an average price of $74.63, for a total transaction of $6,940,590.00.
• On Friday, January 23rd, Niraj Shah sold 150,000 shares of Wayfair stock. The stock was sold at an average price of $108.87, for a total value of $16,330,500.00.
• On Friday, December 26th, Niraj Shah sold 30,000 shares of Wayfair stock. The shares were sold at an average price of $102.32, for a total value of $3,069,600.00.

Wayfair Trading Up 5.4%

W traded up $4.07 on Wednesday, hitting $79.47. 3,434,288 shares of the stock traded hands, compared to its average volume of 3,689,686. The business has a fifty day moving average price of $88.98 and a two-hundred day moving average price of $93.60. The firm has a market capitalization of $10.39 billion, a PE ratio of -32.71, a P/E/G ratio of 5.66 and a beta of 3.40. Wayfair Inc. has a 52 week low of $20.41 and a 52 week high of $119.98.

Wayfair (NYSE:W) last announced its quarterly earnings data on Thursday, February 19th. The company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.21. Wayfair had a negative return on equity of 1.52% and a negative net margin of 2.51%.The company had revenue of $3.34 billion during the quarter, compared to the consensus estimate of $3.30 billion. During the same quarter last year, the company earned ($0.25) EPS. The company’s quarterly revenue was up 6.9% on a year-over-year basis. On average, equities research analysts forecast that Wayfair Inc. will post -2.54 EPS for the current fiscal year.

Wayfair News Summary

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Repeated consumer-facing coverage and promotional stories highlight discounted products and outlet deals that can help drive short-term traffic and sales for Wayfair. Article Title
• Positive Sentiment: Roundups of Wayfair outlet deals and product promotions (seasonal merchandising) may support conversion and gross merchandise volume in the near term. Article Title
• Neutral Sentiment: Industry discussion at Shoptalk (Wayfair executives speaking on AI and retail) signals strategic focus on technology and customer experience but is a longer-term cue rather than an immediate earnings driver. Article Title
• Neutral Sentiment: Broader-market headlines (e.g., temporary market relief from geopolitical news) have helped consumer discretionary names trade up intermittently; such moves are market-driven and not company-specific. Article Title
• Negative Sentiment: Wayfair was removed from the S&P Homebuilders Select Industry Index — an index exit that can trigger fund rebalancing and reduce passive demand, prompting some investors to reassess valuation and growth assumptions. Article Title
• Negative Sentiment: Insider selling: Director Steven Conine sold a large block (107,919 shares on Mar. 23 and an additional 1,687 on Mar. 24), representing a substantial reduction in his position; filings are posted with the SEC. Such big insider disposals can create negative sentiment or add selling pressure. SEC Filing
• Negative Sentiment: Insider selling: CEO Niraj Shah sold a similarly large block (107,818 shares on Mar. 23 and 1,571 on Mar. 24), cutting his stake by roughly two-thirds; investors frequently view major executive sales as a negative signal or a source of short-term supply. SEC Filing

Institutional Investors Weigh In On Wayfair

Several institutional investors and hedge funds have recently made changes to their positions in W. Cornerstone Planning Group LLC raised its stake in shares of Wayfair by 28,200.0% in the third quarter. Cornerstone Planning Group LLC now owns 283 shares of the company’s stock worth $25,000 after acquiring an additional 282 shares during the last quarter. True Wealth Design LLC increased its holdings in Wayfair by 250.5% in the third quarter. True Wealth Design LLC now owns 326 shares of the company’s stock valued at $29,000 after purchasing an additional 233 shares during the last quarter. Global Retirement Partners LLC increased its holdings in Wayfair by 156.3% in the third quarter. Global Retirement Partners LLC now owns 328 shares of the company’s stock valued at $29,000 after purchasing an additional 200 shares during the last quarter. Webster Bank N. A. acquired a new position in Wayfair in the fourth quarter valued at about $30,000. Finally, V Square Quantitative Management LLC bought a new position in Wayfair during the fourth quarter worth about $33,000. Institutional investors and hedge funds own 89.67% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on W shares. Robert W. Baird decreased their price target on shares of Wayfair from $98.00 to $85.00 and set a “neutral” rating on the stock in a research note on Friday, February 20th. Piper Sandler restated an “overweight” rating and issued a $125.00 price objective on shares of Wayfair in a research note on Friday, February 20th. The Goldman Sachs Group set a $92.00 price objective on shares of Wayfair in a report on Friday, February 20th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Wayfair in a research report on Wednesday, January 21st. Finally, Stifel Nicolaus lowered their target price on shares of Wayfair from $100.00 to $89.00 and set a “hold” rating on the stock in a research note on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $104.62.

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.