21,591 Shares in Wayfair Inc. $W Acquired by Divisadero Street Capital Management LP

Divisadero Street Capital Management LP purchased a new position in shares of Wayfair Inc. (NYSE:W) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 21,591 shares of the company’s stock, valued at approximately $1,929,000.

Other hedge funds also recently made changes to their positions in the company. Versant Capital Management Inc increased its holdings in shares of Wayfair by 8.4% during the 3rd quarter. Versant Capital Management Inc now owns 1,948 shares of the company’s stock worth $174,000 after buying an additional 151 shares during the last quarter. Global Retirement Partners LLC grew its position in Wayfair by 156.3% during the third quarter. Global Retirement Partners LLC now owns 328 shares of the company’s stock valued at $29,000 after acquiring an additional 200 shares during the period. Daiwa Securities Group Inc. raised its holdings in shares of Wayfair by 3.0% in the 2nd quarter. Daiwa Securities Group Inc. now owns 6,882 shares of the company’s stock worth $352,000 after purchasing an additional 200 shares during the period. Comerica Bank raised its holdings in shares of Wayfair by 56.5% in the 3rd quarter. Comerica Bank now owns 634 shares of the company’s stock worth $57,000 after purchasing an additional 229 shares during the period. Finally, True Wealth Design LLC lifted its stake in shares of Wayfair by 250.5% in the 3rd quarter. True Wealth Design LLC now owns 326 shares of the company’s stock valued at $29,000 after purchasing an additional 233 shares in the last quarter. Institutional investors and hedge funds own 89.67% of the company’s stock.

Insider Transactions at Wayfair

In other news, CFO Kate Gulliver sold 36,497 shares of the company’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $106.50, for a total value of $3,886,930.50. Following the completion of the transaction, the chief financial officer directly owned 149,238 shares in the company, valued at approximately $15,893,847. This represents a 19.65% 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 this link. Also, CEO Niraj Shah sold 150,000 shares of the firm’s stock in a transaction 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 directly 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 disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 890,494 shares of company stock valued at $86,493,261. Corporate insiders own 21.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on W. Wall Street Zen downgraded shares of Wayfair from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Morgan Stanley boosted their price objective on shares of Wayfair from $130.00 to $140.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Mizuho dropped their price objective on shares of Wayfair from $130.00 to $110.00 and set an “outperform” rating for the company in a research report on Tuesday, February 24th. Jefferies Financial Group reissued a “hold” rating on shares of Wayfair in a research note on Tuesday, March 10th. Finally, UBS Group restated 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 issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $104.62.

Wayfair Stock Performance

Wayfair stock opened at $75.69 on Monday. The firm has a market capitalization of $9.90 billion, a PE ratio of -31.15, a price-to-earnings-growth ratio of 5.61 and a beta of 3.40. Wayfair Inc. has a one year low of $20.41 and a one year high of $119.98. The stock’s 50 day moving average price is $94.02 and its 200 day moving average price is $93.73.

Key Wayfair News

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: MarketBeat highlights that a recent court strike-down of import tariffs and improving technical indicators (bullish MACD cross, rising RSI) suggest Wayfair may have found a bottom — a catalyst traders view as reducing a major margin/headwind and supporting a rebound. 3 Rebound Candidates With Technical Tailwinds
• Positive Sentiment: Multiple consumer media stories are promoting Wayfair’s heavy promotions (outlet sales, weekend living-room discounts up to ~85%, and low-price items like a $160 reclining sleeper chair). These promotions can boost traffic and clearance-driven revenue in the near term and help clear inventory. Wayfair massive living room furniture sale Wayfair $160 reclining sleeper chair Wayfair outlet sale — People
• Neutral Sentiment: Wayfair presented at the UBS Global Consumer & Retail conference (transcript available). Investor presentations can provide clarity on trends, margins, and inventory; any company commentary or guidance readouts from that appearance could move the stock but the transcript alone is informational until specifics are confirmed. Wayfair Presents at UBS Global Consumer and Retail Conference Transcript
• Negative Sentiment: Despite today’s bounce, Wayfair remains below its 50- and 200-day moving averages and has a wide trading range over 12 months — signaling structural volatility and that longer-term technical resistance/valuation (negative trailing P/E, high beta) remain risks for sustained upside. (Background market data and technical levels underpin investor caution.)

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.