Wayfair (NYSE:W) CEO Niraj Shah Sells 150,000 Shares of Stock

Wayfair Inc. (NYSE:W) CEO Niraj Shah sold 150,000 shares of the business’s stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $108.87, for a total transaction of $16,330,500.00. Following the completion of the sale, the chief executive officer owned 289,137 shares in the company, valued at approximately $31,478,345.19. The trade was a 34.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• 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 value of $3,069,600.00.
• On Tuesday, December 23rd, Niraj Shah sold 120,000 shares of Wayfair stock. The stock was sold at an average price of $100.27, for a total value of $12,032,400.00.
• On Monday, November 24th, Niraj Shah sold 150,000 shares of Wayfair stock. The shares were sold at an average price of $105.91, for a total value of $15,886,500.00.

Wayfair Price Performance

NYSE:W opened at $111.22 on Wednesday. The company has a market cap of $14.50 billion, a price-to-earnings ratio of -43.44, a PEG ratio of 9.05 and a beta of 3.31. Wayfair Inc. has a 1 year low of $20.41 and a 1 year high of $119.98. The stock’s 50 day simple moving average is $105.09 and its two-hundred day simple moving average is $90.14.

Wayfair (NYSE:W) last announced its earnings results on Tuesday, October 28th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.26. The business had revenue of $3.12 billion for the quarter, compared to analysts’ expectations of $3.01 billion. During the same quarter in the prior year, the company posted $0.22 earnings per share. The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. As a group, analysts anticipate that Wayfair Inc. will post -2.54 EPS for the current year.

Wayfair News Roundup

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Zacks flags Wayfair as likely to beat EPS estimates again based on its recent surprise history and current operating metrics — a prospective earnings beat is a clear upside catalyst for the share price. Why Wayfair (W) is Poised to Beat Earnings Estimates Again
• Positive Sentiment: Heavy promotional/editorial coverage (People, MSN, Southern Living, etc.) is highlighting large discounts across rugs, furniture, storage and home decor — this broad media exposure can boost site traffic and near‑term sales and supports consumer demand trends. Our Editors Test Wayfair Furniture and Decor
• Neutral Sentiment: Multiple product-specific deal stories (Joanna Gaines rug, Kelly Clarkson rugs, farmhouse sofa, storage shed, dresser, etc.) increase awareness but are typical retail promotions; they support topline activity but may not meaningfully change margins or long‑term guidance on their own. Example: Joanna Gaines rug discount. Joanna Gaines’ Washable Area Rug Deal
• Negative Sentiment: Large insider sales by co‑founders/insiders are weighing on sentiment: CEO Niraj Shah and co‑founder Steven Conine each sold 150,000 shares at about $108.87 on Jan. 23, representing ~34% reductions in their reported holdings — such sizable, concurrent disposals can trigger investor concern about insider conviction and add supply pressure. Niraj Shah Form 4 Steven Conine Form 4

Institutional Trading of Wayfair

A number of hedge funds have recently bought and sold shares of W. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Wayfair by 29.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 67,023 shares of the company’s stock worth $2,147,000 after acquiring an additional 15,084 shares in the last quarter. BloombergSen Inc. grew its stake in Wayfair by 24.4% in the second quarter. BloombergSen Inc. now owns 44,312 shares of the company’s stock valued at $2,266,000 after purchasing an additional 8,704 shares during the last quarter. Patriot Financial Group Insurance Agency LLC bought a new position in Wayfair in the second quarter worth about $452,000. Ameritas Advisory Services LLC lifted its position in shares of Wayfair by 32.9% during the second quarter. Ameritas Advisory Services LLC now owns 27,800 shares of the company’s stock valued at $1,422,000 after buying an additional 6,884 shares during the last quarter. Finally, QRG Capital Management Inc. purchased a new position in shares of Wayfair in the 2nd quarter worth approximately $342,000. Hedge funds and other institutional investors own 89.67% of the company’s stock.

Analysts Set New Price Targets

W has been the topic of several analyst reports. Mizuho reiterated an “outperform” rating and set a $130.00 price target on shares of Wayfair in a report on Friday, January 2nd. Weiss Ratings restated a “sell (d-)” rating on shares of Wayfair in a research report on Wednesday, January 21st. Oppenheimer increased their price target on Wayfair from $100.00 to $144.00 and gave the stock an “outperform” rating in a report on Wednesday, November 12th. Morgan Stanley raised their price target on Wayfair from $130.00 to $140.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Finally, Needham & Company LLC upped their price objective on Wayfair from $83.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $107.21.

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.