Insider Selling: Wayfair (NYSE:W) CEO Sells $8,322,471.42 in Stock

Wayfair Inc. (NYSE:W) CEO Niraj Shah sold 107,818 shares of the company’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $77.19, for a total transaction of $8,322,471.42. Following the transaction, the chief executive officer directly owned 61,319 shares of the company’s stock, valued at $4,733,213.61. This represents a 63.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

• On Tuesday, March 24th, Niraj Shah sold 1,571 shares of Wayfair stock. The stock was sold at an average price of $77.18, for a total transaction of $121,249.78.
• On Thursday, February 26th, Niraj Shah sold 27,000 shares of Wayfair stock. The stock was 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 shares were sold at an average price of $74.63, for a total transaction of $6,940,590.00.
• On Friday, January 23rd, Niraj Shah sold 150,000 shares of Wayfair stock. The stock was 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 stock was sold at an average price of $102.32, for a total transaction of $3,069,600.00.

Wayfair Stock Down 2.9%

Wayfair stock opened at $71.53 on Friday. The stock has a market cap of $9.35 billion, a price-to-earnings ratio of -29.44, a P/E/G ratio of 5.44 and a beta of 3.40. Wayfair Inc. has a 12-month low of $20.41 and a 12-month high of $119.98. The business’s 50-day simple moving average is $86.53 and its 200 day simple moving average is $93.25.

Wayfair (NYSE:W) last announced its quarterly earnings data on Thursday, February 19th. The company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.21. The business had revenue of $3.34 billion during the quarter, compared to analysts’ expectations of $3.30 billion. Wayfair had a negative return on equity of 1.52% and a negative net margin of 2.51%.The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.25) earnings per share. As a group, sell-side analysts expect that Wayfair Inc. will post -2.54 EPS for the current year.

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

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. JPMorgan Chase & Co. lowered their target price on Wayfair from $114.00 to $105.00 and set an “overweight” rating on the stock in a research report on Friday, February 20th. Citigroup decreased their price objective on shares of Wayfair from $135.00 to $110.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Piper Sandler reiterated an “overweight” rating and set a $125.00 target price on shares of Wayfair in a research note on Friday, February 20th. Wedbush lowered their price target on shares of Wayfair from $100.00 to $85.00 and set a “neutral” rating on the stock in a research report on Friday, February 20th. Finally, Stifel Nicolaus lowered their price objective on Wayfair from $100.00 to $89.00 and set a “hold” rating on the stock in a research note on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $104.62.

Hedge Funds Weigh In On Wayfair

Hedge funds and other institutional investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Wayfair by 29.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 67,023 shares of the company’s stock valued at $2,147,000 after purchasing an additional 15,084 shares during the period. Creative Planning lifted its stake in Wayfair by 11.6% during the 2nd quarter. Creative Planning now owns 17,924 shares of the company’s stock valued at $917,000 after acquiring an additional 1,863 shares in the last quarter. Swiss National Bank lifted its position in shares of Wayfair by 1.3% during the second quarter. Swiss National Bank now owns 185,600 shares of the company’s stock valued at $9,492,000 after purchasing an additional 2,300 shares in the last quarter. Legal & General Group Plc lifted its position in shares of Wayfair by 4.7% during the 2nd quarter. Legal & General Group Plc now owns 147,741 shares of the company’s stock worth $7,555,000 after buying an additional 6,570 shares in the last quarter. Finally, Rhumbline Advisers lifted its holdings in Wayfair by 1.9% during the second quarter. Rhumbline Advisers now owns 93,033 shares of the company’s stock worth $4,758,000 after acquiring an additional 1,761 shares during the period. 89.67% of the stock is 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.