Wayfair (NYSE:W) CEO Sells $121,249.78 in Stock

Wayfair Inc. (NYSE:W) CEO Niraj Shah sold 1,571 shares of the firm’s stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $77.18, for a total value of $121,249.78. Following the transaction, the chief executive officer owned 59,748 shares of the company’s stock, valued at approximately $4,611,350.64. This represents a 2.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

• On Monday, March 23rd, Niraj Shah sold 107,818 shares of Wayfair stock. The shares were 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 shares were 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 Price Performance

Shares of NYSE:W opened at $71.53 on Friday. The firm has a market capitalization of $9.35 billion, a PE ratio of -29.44, a price-to-earnings-growth ratio of 5.44 and a beta of 3.40. The firm’s 50-day moving average is $86.53 and its two-hundred day moving average is $93.25. Wayfair Inc. has a 1 year low of $20.41 and a 1 year high of $119.98.

Wayfair (NYSE:W) last posted its quarterly earnings data on Thursday, February 19th. The company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.64 by $0.21. The business 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%. The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.25) earnings per share. Analysts expect that Wayfair Inc. will post -2.54 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have commented on W shares. Mizuho dropped their price target on shares of Wayfair from $130.00 to $110.00 and set an “outperform” rating for the company in a research note on Tuesday, February 24th. Truist Financial reduced their price objective on Wayfair from $120.00 to $105.00 and set a “buy” rating on the stock in a research note on Friday, February 20th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Wayfair in a report on Wednesday, January 21st. Wall Street Zen cut Wayfair from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Finally, Stifel Nicolaus cut their price target on Wayfair from $100.00 to $89.00 and set a “hold” rating on the stock in a report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $104.62.

Trending Headlines about Wayfair

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Broad consumer-facing deal coverage and product roundups (spring/outdoor promotions) are getting heavy pickup across lifestyle sites — this can boost traffic and near‑term sales momentum into the season. MassLive: Wayfair patio set sale
• Positive Sentiment: Multiple product stories and deal lists (MSN, AOL, Yahoo, etc.) highlight items and discounts that can lift conversion and AOV during the important spring/outdoor selling window. MSN: Human-sized dog bed
• Neutral Sentiment: Wayfair execs’ public participation in retail/AI panels (Shoptalk) signals emphasis on tech-driven merchandising and personalization — strategic but not an immediate earnings catalyst. Shoptalk coverage
• Neutral Sentiment: Recent quarterly results showed an EPS beat and revenue growth, but Wayfair still operates at negative margins and faces mixed analyst price‑target revisions — a mixed fundamental backdrop. MarketBeat: Wayfair stock summary
• Negative Sentiment: Founder/director Steven Conine sold a very large block (107,919 shares on 3/23 and another 1,687 on 3/24), reducing his stake sharply — a move investors may view as a negative signal or at least a source of selling pressure. Conine Form 4
• Negative Sentiment: CEO Niraj Shah also executed large sales (107,818 shares on 3/23 plus 1,571 on 3/24), similarly shrinking his ownership — another potential bearish governance/insider‑sentiment signal. Shah Form 4
• Negative Sentiment: Wayfair’s removal from the S&P Homebuilders Select Industry Index can force passive‑fund selling and prompt renewed valuation scrutiny from investors and analysts. Yahoo: Index exit story

Institutional Investors Weigh In On Wayfair

Hedge funds and other institutional investors have recently modified their holdings of the company. Cornerstone Planning Group LLC lifted its position in shares of Wayfair by 28,200.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 283 shares of the company’s stock worth $25,000 after purchasing 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 buying 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 buying an additional 200 shares during the last quarter. Webster Bank N. A. acquired a new stake in Wayfair in the fourth quarter valued at $30,000. Finally, V Square Quantitative Management LLC acquired a new stake in Wayfair in the fourth quarter valued at $33,000. 89.67% of the stock is currently owned by institutional investors and hedge funds.

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.