State of New Jersey Common Pension Fund D Reduces Position in Wayfair Inc. $W

State of New Jersey Common Pension Fund D trimmed its stake in Wayfair Inc. (NYSE:W) by 30.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 36,405 shares of the company’s stock after selling 15,595 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Wayfair were worth $3,252,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. AQR Capital Management LLC raised its stake in Wayfair by 197.3% in 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 boosted its stake in shares of Wayfair by 351.9% during 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 last quarter. Spruce House Investment Management LLC grew its holdings in shares of Wayfair by 37.6% during 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 in the last quarter. Scopus Asset Management L.P. acquired a new position in shares of Wayfair in the second quarter valued at approximately $40,536,000. Finally, Hook Mill Capital Partners LP acquired a new position in shares of Wayfair in the second quarter valued at approximately $39,965,000. Institutional investors and hedge funds own 89.67% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on the stock. Jefferies Financial Group cut shares of Wayfair from a “buy” rating to a “hold” rating and set a $94.00 target price for the company. in a research note on Wednesday, December 3rd. Wall Street Zen cut Wayfair from a “buy” rating to a “hold” rating in a report on Saturday. BMO Capital Markets set a $110.00 price objective on Wayfair and gave the company a “market perform” rating in a research report on Wednesday, October 29th. Argus upped their target price on Wayfair from $105.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Wayfair in a report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Wayfair has an average rating of “Moderate Buy” and an average price target of $106.17.

Insider Buying and Selling

In related news, CTO Fiona Tan sold 9,000 shares of the stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $119.00, for a total value of $1,071,000.00. Following the completion of the sale, the chief technology officer directly owned 200,328 shares in the company, valued at approximately $23,839,032. This represents a 4.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Niraj Shah sold 150,000 shares of the firm’s stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $108.87, for a total value of $16,330,500.00. Following the completion of the transaction, the chief executive officer directly owned 289,137 shares in the company, valued at $31,478,345.19. This trade represents a 34.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 950,494 shares of company stock valued at $100,127,813. 21.91% of the stock is owned by corporate insiders.

Wayfair News Summary

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Market tailwind — A Supreme Court decision blocking parts of the Trump tariff plan spurred a rally in retail names, helping push Wayfair shares higher along with peers in the afternoon session. Today’s Stock Market Angi, Bumble, Match Group, Wayfair, and Shutterstock Shares Skyrocket
• Positive Sentiment: Earnings beat — Wayfair reported Q4 EPS of $0.85 and revenue up ~6.9% Y/Y, topping consensus and marking the company’s first annual sales gain since 2020, a fundamental positive for investors. Wayfair Q4 Earnings & Revenues Beat Estimates
• Neutral Sentiment: Guidance & strategy — Management outlined mid-single-digit Q1 revenue growth and plans to expand physical retail and loyalty programs; that supports growth but may raise near-term investment needs. Wayfair outlines mid-single-digit Q1 revenue growth
• Neutral Sentiment: Mixed analyst reactions — Several firms trimmed price targets (JPMorgan, Truist, Stifel, Wedbush) while Needham reaffirmed a $125 target; the cuts temper enthusiasm but several analysts still see upside. Analyst PTs Lowered Benzinga
• Negative Sentiment: Customer-growth concerns — Investors focused on signs of active-customer softness despite top-line beats; that worry triggered a sharp post-earnings reaction and capped gains. Highly Shorted Wayfair Sinks
• Negative Sentiment: Margin & investment risk — Management warned that planned investments and store expansion could pressure margins; that message, highlighted in coverage, is a key reason some investors sold into the rally. Wayfair’s stock sinks Wayfair warns investment plans could pressure margins

Wayfair Price Performance

NYSE W opened at $81.19 on Friday. Wayfair Inc. has a 1-year low of $20.41 and a 1-year high of $119.98. The firm has a market capitalization of $10.58 billion, a P/E ratio of -33.41, a P/E/G ratio of 7.60 and a beta of 3.36. The business’s 50-day simple moving average is $101.66 and its 200-day simple moving average is $93.51.

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.