Strs Ohio Boosts Stake in Wayfair Inc. $W

Strs Ohio boosted its stake in shares of Wayfair Inc. (NYSE:W) by 43.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 139,446 shares of the company’s stock after buying an additional 42,175 shares during the period. Strs Ohio’s holdings in Wayfair were worth $14,002,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of W. Cornerstone Planning Group LLC lifted its holdings in Wayfair by 28,200.0% during the third quarter. Cornerstone Planning Group LLC now owns 283 shares of the company’s stock worth $25,000 after buying an additional 282 shares during the period. True Wealth Design LLC lifted its holdings 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 buying an additional 233 shares during the period. Global Retirement Partners LLC lifted its holdings 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 buying an additional 200 shares during the period. Webster Bank N. A. purchased a new stake in Wayfair during the fourth quarter worth $30,000. Finally, V Square Quantitative Management LLC purchased a new stake in Wayfair during the fourth quarter worth $33,000. Hedge funds and other institutional investors own 89.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on W. JPMorgan Chase & Co. lowered their target price on Wayfair from $114.00 to $105.00 and set an “overweight” rating for the company in a report on Friday, February 20th. Truist Financial lowered their target price on Wayfair from $120.00 to $105.00 and set a “buy” rating for the company in a report on Friday, February 20th. Wedbush reduced their price target on Wayfair from $100.00 to $85.00 and set a “neutral” rating on the stock in a research report on Friday, February 20th. The Goldman Sachs Group set a $79.00 price target on Wayfair in a research report on Friday. Finally, Royal Bank Of Canada reduced their price target on Wayfair from $92.00 to $76.00 and set a “sector perform” rating on the stock in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Wayfair presently has an average rating of “Moderate Buy” and an average target price of $97.30.

Wayfair Price Performance

W stock opened at $65.67 on Monday. Wayfair Inc. has a 52-week low of $29.68 and a 52-week high of $119.98. The company’s 50 day simple moving average is $75.42 and its 200-day simple moving average is $91.62. The firm has a market capitalization of $8.59 billion, a P/E ratio of -28.06, a P/E/G ratio of 5.49 and a beta of 3.02.

Wayfair (NYSE:W) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.26 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.26. Wayfair had a negative net margin of 2.41% and a negative return on equity of 2.20%. The business had revenue of $2.93 billion for the quarter, compared to analyst estimates of $2.89 billion. During the same quarter in the previous year, the business earned $0.10 earnings per share. The firm’s revenue was up 7.4% compared to the same quarter last year. Sell-side analysts predict that Wayfair Inc. will post 0.4 EPS for the current fiscal year.

More Wayfair News

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Q1 results showed revenue growth, active‑customer gains and margin progress — Wayfair reported net revenue up ~7.4% to $2.9B, a return to active customer growth and commentary about strong share capture, which underpins the bullish view on recovery and profitability. Press Release
• Positive Sentiment: Perigold (Wayfair’s luxury site) announced a high‑profile design partnership with NBC’s George to the Rescue and designer Corey Damen Jenkins — a brand/PR win that supports Perigold’s positioning and premium merchandising. Perigold Partnership
• Positive Sentiment: Company highlighted productive marketing moves — use of AI and influencer programs helped Wayfair outperform the weak furniture category in Q1 and contributed to faster adjusted‑EBITDA growth, a key positive for margin recovery expectations. PYMNTS Article
• Neutral Sentiment: Bares Capital trimmed its position in Wayfair — a modest portfolio adjustment from a long‑term holder; not necessarily a directional signal but worth watching for follow‑on moves. Bares Capital
• Neutral Sentiment: Ongoing consumer promotions and editorial placements (sales, product features) keep demand and traffic visible, supporting short‑term conversion but less predictive of sustainable earnings upside. Examples include features on Yahoo/People. Market Coverage
• Negative Sentiment: Multiple analysts cut price targets this morning (Guggenheim and Wells Fargo to $100; Needham to $83; Jefferies to $70). Although several kept buy/overweight ratings, the lower targets signal tepid near‑term upside expectations and likely contribute to selling pressure. Analyst Notes TickerReport
• Negative Sentiment: Market commentary flagged a “narrow” revenue beat but missed profitability expectations and described the furniture market as “choppy,” which has driven post‑earnings volatility and short‑term negative price action. Seeking Alpha
• Negative Sentiment: Insider selling: a company director sold roughly $8.7M of stock, which can increase investor caution even if it’s routine diversification. Insider Sale

Insider Activity

In other news, insider Jon Blotner sold 4,790 shares of the business’s stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $72.19, for a total transaction of $345,790.10. Following the sale, the insider owned 111,158 shares in the company, valued at $8,024,496.02. The trade was a 4.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Steven Conine sold 7,139 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $78.55, for a total transaction of $560,768.45. Following the sale, the director owned 429,073 shares in the company, valued at $33,703,684.15. This represents a 1.64% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 703,785 shares of company stock worth $54,004,173 over the last 90 days. 18.44% of the stock is owned by company insiders.

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.