Niraj Shah Sells 1,571 Shares of Wayfair (NYSE:W) Stock

Wayfair Inc. (NYSE:W) CEO Niraj Shah sold 1,571 shares of the business’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $77.18, for a total value of $121,249.78. Following the completion of the transaction, the chief executive officer owned 59,748 shares in the company, valued at $4,611,350.64. The trade was a 2.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Monday, March 23rd, Niraj Shah sold 107,818 shares of Wayfair stock. The stock was sold at an average price of $77.19, for a total value of $8,322,471.42.
• 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 value of $2,129,760.00.
• On Monday, February 23rd, Niraj Shah sold 93,000 shares of Wayfair stock. The stock was sold at an average price of $74.63, for a total value 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 transaction of $3,069,600.00.

Wayfair Price Performance

Wayfair stock opened at $73.78 on Friday. Wayfair Inc. has a 1 year low of $20.41 and a 1 year high of $119.98. The firm’s 50 day moving average price is $87.40 and its 200-day moving average price is $93.36. The stock has a market cap of $9.65 billion, a P/E ratio of -30.36, a PEG ratio of 5.89 and a beta of 3.40.

Wayfair (NYSE:W) last issued its earnings results on Thursday, February 19th. The company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.21. The firm had revenue of $3.34 billion during the quarter, compared to analyst estimates of $3.30 billion. Wayfair had a negative net margin of 2.51% and a negative return on equity of 1.52%. Wayfair’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.25) earnings per share. As a group, equities analysts expect that Wayfair Inc. will post -2.54 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on W. Stifel Nicolaus cut their price objective on Wayfair from $100.00 to $89.00 and set a “hold” rating for the company in a research report on Friday, February 20th. Truist Financial decreased their target price on Wayfair from $120.00 to $105.00 and set a “buy” rating on the stock in a research report on Friday, February 20th. Weiss Ratings restated a “sell (d-)” rating on shares of Wayfair in a report on Wednesday, January 21st. Mizuho reduced their price objective on Wayfair from $130.00 to $110.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 24th. Finally, UBS Group reaffirmed a “buy” rating on shares of Wayfair in a report on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $104.62.

Institutional Trading of Wayfair

Several hedge funds have recently made changes to their positions in the business. Cornerstone Planning Group LLC lifted its holdings in shares of Wayfair by 28,200.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 283 shares of the company’s stock valued at $25,000 after acquiring an additional 282 shares during the last quarter. True Wealth Design LLC increased its stake in Wayfair by 250.5% during the third quarter. True Wealth Design LLC now owns 326 shares of the company’s stock worth $29,000 after acquiring an additional 233 shares during the last quarter. Global Retirement Partners LLC increased its stake in Wayfair by 156.3% during the third quarter. Global Retirement Partners LLC now owns 328 shares of the company’s stock worth $29,000 after acquiring an additional 200 shares during the last quarter. Webster Bank N. A. purchased a new stake in Wayfair during the fourth quarter valued at approximately $30,000. Finally, V Square Quantitative Management LLC purchased a new stake in Wayfair during the fourth quarter valued at approximately $33,000. 89.67% of the stock is currently owned by hedge funds and other institutional investors.

Wayfair News Roundup

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Broad consumer deal coverage and outlet roundups may boost traffic and short-term sales momentum as spring/outdoor season begins. Read More.
• Positive Sentiment: Multiple earned-media pieces highlight discounted outdoor products (e.g., canopy tent, storage box, furniture), which could drive conversions and seasonal demand. Read More.
• Neutral Sentiment: Wayfair executives discussed AI and retail at Shoptalk — a signal of ongoing investment in personalization/tech but not an immediate earnings catalyst. Read More.
• Neutral Sentiment: Additional product write-ups (home and pet furniture) sustain brand visibility; useful for marketing momentum but unlikely to change fundamentals alone. Read More.
• Negative Sentiment: CEO Niraj Shah sold large blocks of stock (most recently ~107,818 shares on 3/23 plus another 1,571 on 3/24), which reduces insider ownership materially and can be perceived as a negative signal by investors. SEC filing/report: Read More.
• Negative Sentiment: Founder/director Steven Conine sold a very large block (107,919 shares on 3/23 and another 1,687 on 3/24), cutting his stake substantially—this magnitude of insider selling can amplify investor concern. SEC filing: Read More.
• Negative Sentiment: Wayfair was removed from the S&P Homebuilders Select Industry Index; index exits can force passive funds to sell and prompt a re‑rating of growth expectations. Read More.

About Wayfair

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.