Wayfair (NYSE:W) CEO Sells $16,330,500.00 in Stock

Wayfair Inc. (NYSE:W) CEO Niraj Shah sold 150,000 shares of the stock in a transaction dated Friday, January 23rd. The stock was sold at an average price of $108.87, for a total transaction of $16,330,500.00. Following the completion of the transaction, the chief executive officer owned 289,137 shares of the company’s stock, valued at approximately $31,478,345.19. The trade was a 34.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

• On Friday, December 26th, Niraj Shah sold 30,000 shares of Wayfair stock. The stock was sold at an average price of $102.32, for a total transaction of $3,069,600.00.
• On Tuesday, December 23rd, Niraj Shah sold 120,000 shares of Wayfair stock. The stock was sold at an average price of $100.27, for a total transaction of $12,032,400.00.
• On Monday, November 24th, Niraj Shah sold 150,000 shares of Wayfair stock. The shares were sold at an average price of $105.91, for a total transaction of $15,886,500.00.

Wayfair Stock Down 1.2%

Shares of W opened at $107.38 on Friday. The stock has a market cap of $14.00 billion, a P/E ratio of -41.95, a P/E/G ratio of 8.93 and a beta of 3.31. The business’s 50 day moving average price is $105.50 and its 200-day moving average price is $90.38. 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 Tuesday, October 28th. The company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.26. The company had revenue of $3.12 billion for the quarter, compared to analysts’ expectations of $3.01 billion. During the same quarter in the previous year, the firm posted $0.22 EPS. The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. On average, equities analysts anticipate that Wayfair Inc. will post -2.54 EPS for the current year.

Key Stories Impacting Wayfair

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Wayfair reports AI initiatives that have driven “millions of dollars” in cost savings — this supports margin improvement and operating leverage if savings scale across supply chain and marketing. Wayfair Lessons In Driving Millions Of Dollars In Savings With AI
• Positive Sentiment: Major consumer media are promoting Wayfair sales (Presidents’ Day, multi‑day deals), increasing brand visibility and likely boosting short‑term site traffic and order volume during a key promotional period. Higher top‑line activity could support near‑term revenue beats. Best Presidents’ Day Furniture Sales: Up To 60% Off At Wayfair, West Elm And More
• Neutral Sentiment: Numerous product‑level deal stories (rugs, comforters, furniture sets, storage solutions) are running across People/MSN; these increase purchase intent and awareness but are typical retail promotions that may not materially move long‑term margins alone. Joanna Gaines’ Area Rug ‘Doesn’t Show Dirt,’ and Shoppers Say It ‘Feels Expensive’
• Negative Sentiment: Large, concurrent insider sales: CEO Niraj Shah and co‑founder Steven Conine each sold 150,000 shares (around the same price level), significantly reducing reported holdings — this is weighing on sentiment and increases share supply risk in the near term. Niraj Shah Sells 150,000 Shares of Wayfair Steven Conine Sells 150,000 Shares

Wall Street Analyst Weigh In

Several analysts recently commented on W shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Wayfair in a research report on Wednesday, January 21st. Piper Sandler reissued an “overweight” rating on shares of Wayfair in a research report on Friday, November 21st. JPMorgan Chase & Co. upped their price objective on Wayfair from $82.00 to $105.00 and gave the company an “overweight” rating in a research report on Monday, October 27th. Canaccord Genuity Group increased their target price on Wayfair from $100.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Finally, Oppenheimer boosted their price target on Wayfair from $100.00 to $144.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 12th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $107.21.

Institutional Trading of Wayfair

Large investors have recently modified their holdings of the company. Arrowstreet Capital Limited Partnership increased its position in Wayfair by 826.0% during the third quarter. Arrowstreet Capital Limited Partnership now owns 2,817,056 shares of the company’s stock valued at $251,648,000 after acquiring an additional 2,512,854 shares during the last quarter. Voloridge Investment Management LLC bought a new stake in shares of Wayfair during the 3rd quarter valued at about $108,125,000. AQR Capital Management LLC increased its position in shares of Wayfair by 197.3% during the 2nd quarter. AQR Capital Management LLC now owns 1,557,937 shares of the company’s stock valued at $79,673,000 after purchasing an additional 1,033,865 shares during the last quarter. Holocene Advisors LP lifted its stake in shares of Wayfair by 351.9% in the 2nd quarter. Holocene Advisors LP now owns 1,294,057 shares of the company’s stock worth $66,178,000 after purchasing an additional 1,007,676 shares during the period. Finally, Spruce House Investment Management LLC boosted its holdings in shares of Wayfair by 37.6% in the second quarter. Spruce House Investment Management LLC now owns 3,000,000 shares of the company’s stock worth $153,420,000 after buying an additional 819,615 shares during the last quarter. Institutional investors own 89.67% of the company’s stock.

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.