Y Intercept Hong Kong Ltd Has $1.42 Million Stake in Wayfair Inc. $W

Y Intercept Hong Kong Ltd reduced its position in Wayfair Inc. (NYSE:W) by 46.4% in the 3rd quarter, Holdings Channel reports. The firm owned 15,843 shares of the company’s stock after selling 13,714 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Wayfair were worth $1,415,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BloombergSen Inc. raised its stake in shares of Wayfair by 30.5% in the 3rd quarter. BloombergSen Inc. now owns 57,825 shares of the company’s stock valued at $5,166,000 after buying an additional 13,513 shares in the last quarter. Inscription Capital LLC acquired a new position in Wayfair in the third quarter worth about $386,000. Wealth Enhancement Advisory Services LLC lifted its stake in Wayfair by 4.1% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 18,780 shares of the company’s stock worth $1,561,000 after purchasing an additional 741 shares during the period. Magnus Financial Group LLC bought a new position in Wayfair during the third quarter worth about $295,000. Finally, Versant Capital Management Inc boosted its holdings in Wayfair by 8.4% during the third quarter. Versant Capital Management Inc now owns 1,948 shares of the company’s stock valued at $174,000 after purchasing an additional 151 shares in the last quarter. Institutional investors own 89.67% of the company’s stock.

Key Wayfair News

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Forbes reports Wayfair has deployed AI initiatives that have driven “millions of dollars” in savings, which could improve gross margins and operating leverage over time as the company scales automation. Wayfair Lessons In Driving Millions Of Dollars In Savings With AI
• Positive Sentiment: Major promotional push: multiple outlets cover Wayfair’s “5 Days of Deals” event (large markdowns on mattresses, bedroom furniture and home goods). Such events can boost near-term traffic and revenue, especially heading into Presidents’ Day, though they may compress margins. Wayfair is having its massive 5 Days of Deals event with a jaw-dropping 74% off luxury mattresses
• Neutral Sentiment: Seasonal/marketing coverage: Forbes highlights Wayfair among Presidents’ Day furniture sales (discounts up to ~60%), reinforcing the company’s promotional cadence and competitive positioning in holiday sale windows. This is seasonal demand support rather than new strategic news. Best Presidents’ Day Furniture Sales: Up To 60% Off At Wayfair, West Elm And More
• Neutral Sentiment: Product-level deal coverage (air fryers, branded area rugs, comforters) — widespread consumer press highlighting discounted SKUs can drive incremental volume and brand reach, but individual product promos are unlikely to move fundamentals materially on their own. Wayfair has this 16-quart air fryer for 50% off, and it’s perfect for busy parents
• Negative Sentiment: Insider selling: co-founder Steven Conine disclosed a sale of 150,000 Wayfair shares — a headline that can trigger short-term investor concern or profit-taking even if such sales are not unusual from founders. Steven Conine Sells 150,000 Shares of Wayfair (NYSE:W) Stock

Wayfair Price Performance

W opened at $103.24 on Friday. The company’s 50 day simple moving average is $105.46 and its 200-day simple moving average is $90.71. Wayfair Inc. has a one year low of $20.41 and a one year high of $119.98. The stock has a market capitalization of $13.46 billion, a P/E ratio of -40.33, a price-to-earnings-growth ratio of 8.84 and a beta of 3.31.

Wayfair (NYSE:W) last announced its quarterly earnings data on Tuesday, October 28th. The company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.26. The firm had revenue of $3.12 billion during the quarter, compared to the consensus estimate of $3.01 billion. The firm’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.22 earnings per share. As a group, analysts anticipate that Wayfair Inc. will post -2.54 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms recently commented on W. Raymond James Financial raised their target price on Wayfair from $90.00 to $130.00 and gave the stock a “strong-buy” rating in a research report on Wednesday, October 29th. Wall Street Zen raised Wayfair from a “hold” rating to a “buy” rating in a report on Saturday, December 20th. BMO Capital Markets set a $110.00 target price on shares of Wayfair and gave the stock a “market perform” rating in a report on Wednesday, October 29th. Barclays lifted their price target on shares of Wayfair from $70.00 to $104.00 and gave the company a “positive” rating in a report on Wednesday, October 29th. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of Wayfair in a research note on Friday, November 21st. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned 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 stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $107.21.

Insider Activity

In related news, insider Steven Conine sold 150,000 shares of Wayfair stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $105.92, for a total value of $15,888,000.00. Following the completion of the sale, the insider directly owned 729,073 shares in the company, valued at $77,223,412.16. This trade represents a 17.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Niraj Shah sold 150,000 shares of the business’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $105.91, for a total value of $15,886,500.00. Following the sale, the chief executive officer directly owned 729,137 shares of the company’s stock, valued at $77,222,899.67. This represents a 17.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 966,453 shares of company stock valued at $101,748,287 over the last 90 days. 21.91% of the stock is owned by company insiders.

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.