Wayfair Inc. $W Position Cut by Hennessy Advisors Inc.

Hennessy Advisors Inc. reduced its position in Wayfair Inc. (NYSE:W) by 5.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 460,000 shares of the company’s stock after selling 25,700 shares during the quarter. Wayfair comprises approximately 1.6% of Hennessy Advisors Inc.’s holdings, making the stock its 10th largest position. Hennessy Advisors Inc.’s holdings in Wayfair were worth $46,189,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of W. Larson Financial Group LLC boosted its position in Wayfair by 30.0% in the 3rd quarter. Larson Financial Group LLC now owns 520 shares of the company’s stock valued at $46,000 after buying an additional 120 shares during the period. Wedmont Private Capital boosted its position in Wayfair by 3.3% in the 4th quarter. Wedmont Private Capital now owns 3,774 shares of the company’s stock valued at $415,000 after buying an additional 121 shares during the period. True Wealth Design LLC boosted its position in Wayfair by 37.7% in the 4th quarter. True Wealth Design LLC now owns 449 shares of the company’s stock valued at $45,000 after buying an additional 123 shares during the period. State of Alaska Department of Revenue boosted its position in Wayfair by 2.3% in the 4th quarter. State of Alaska Department of Revenue now owns 5,418 shares of the company’s stock valued at $544,000 after buying an additional 124 shares during the period. Finally, Versant Capital Management Inc boosted its position in Wayfair by 8.4% in the 3rd quarter. Versant Capital Management Inc now owns 1,948 shares of the company’s stock valued at $174,000 after buying an additional 151 shares during the period. 89.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

W has been the subject of several recent research reports. Royal Bank Of Canada raised their price target on shares of Wayfair from $86.00 to $92.00 and gave the company a “sector perform” rating in a research report on Friday, February 20th. Truist Financial reduced their price target on Wayfair from $120.00 to $105.00 and set a “buy” rating on the stock in a research report on Friday, February 20th. UBS Group reissued a “buy” rating on shares of Wayfair in a research report on Tuesday, February 17th. Wedbush dropped their price objective on shares of Wayfair from $100.00 to $85.00 and set a “neutral” rating on the stock in a research report on Friday, February 20th. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of Wayfair in a research report on Tuesday, March 10th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $104.62.

Key Stories Impacting Wayfair

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Wayfair officially announced Way Day for April 25–27 with lead-in daily deals starting April 20; the company is advertising up to ~80% off across categories, which should boost traffic and short‑term sales expectations. Save the Date: Way Day Is On April 25 – 27
• Positive Sentiment: Extensive consumer press is pushing Wayfair deals (outdoor furniture, rugs, bedding, celebrity picks), increasing free marketing reach and likely driving higher site traffic and conversions ahead of the event. Examples include People and large lifestyle outlets highlighting steep discounts. I’m a Wayfair Deals Hunter, and Its Outdoor Furniture Sale Has Some of the Best I’ve Seen Lately — Starting at $36
• Positive Sentiment: Broader market tailwinds lifted online retail names; headlines noted Booking, Wayfair and Coupang shares jumping alongside improved sentiment in the session, which can amplify company‑specific catalysts. Booking, Wayfair, and Coupang Shares Are Soaring, What You Need To Know
• Positive Sentiment: Wayfair is growing its offline presence by opening a large South Florida store, signaling omnichannel expansion that can help customer acquisition and returns over time. Wayfair is opening its first large South Florida store. Here’s what to know
• Neutral Sentiment: Multiple product‑level deal writeups (Adirondack chairs, pet beds, celebrity picks) keep the brand top‑of‑mind but are more tactical promotions rather than strategic changes. Save up to 80% on furniture, decor and more at Wayfair today
• Neutral Sentiment: Coverage explaining Wayfair Rewards and other loyalty perks may support repeat purchases but its immediate impact on revenue/profits is uncertain. Is Wayfair Rewards worth it? Learn more about the perks and savings!
• Negative Sentiment: Despite the promotional momentum and prior quarterly beats, Wayfair remains unprofitable on a GAAP basis and analysts still model negative FY EPS — a reminder that stronger top‑line activity must translate into sustainable margins. (See Q4/earnings recap for context.) Online Retail Stocks Q4 Highlights: Wayfair (NYSE:W)

Insiders Place Their Bets

In other news, CEO Niraj Shah sold 150,000 shares of Wayfair stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $108.87, for a total transaction of $16,330,500.00. Following the sale, the chief executive officer owned 289,137 shares in the company, valued at $31,478,345.19. This trade represents a 34.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Jon Blotner sold 4,790 shares of Wayfair stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $72.19, for a total transaction of $345,790.10. Following the sale, the insider owned 111,158 shares in the company, valued at $8,024,496.02. This represents a 4.13% decrease in their position. 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 have sold a total of 763,785 shares of company stock worth $68,051,942 over the last quarter. 18.44% of the stock is owned by corporate insiders.

Wayfair Stock Up 0.1%

W opened at $81.45 on Monday. The company has a 50 day moving average of $77.24 and a two-hundred day moving average of $91.97. The company has a market cap of $10.65 billion, a P/E ratio of -33.52, a P/E/G ratio of 6.78 and a beta of 3.30. Wayfair Inc. has a 52-week low of $24.95 and a 52-week high of $119.98.

Wayfair (NYSE:W) last issued 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. The company had revenue of $3.34 billion for the quarter, compared to analysts’ expectations of $3.30 billion. Wayfair had a negative return on equity of 1.52% and a negative net margin of 2.51%.The firm’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.25) earnings per share. Research analysts anticipate that Wayfair Inc. will post -2.54 earnings per share for the current year.

Wayfair 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.