Federated Hermes Inc. Takes Position in Wayfair Inc. $W

Federated Hermes Inc. acquired a new position in shares of Wayfair Inc. (NYSE:W) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 565,911 shares of the company’s stock, valued at approximately $50,553,000. Federated Hermes Inc. owned 0.44% of Wayfair at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. True Wealth Design LLC boosted its position in Wayfair by 250.5% during the 3rd quarter. True Wealth Design LLC now owns 326 shares of the company’s stock worth $29,000 after acquiring an additional 233 shares during the last quarter. Global Retirement Partners LLC lifted its position in shares of Wayfair by 156.3% in the third quarter. Global Retirement Partners LLC now owns 328 shares of the company’s stock worth $29,000 after purchasing an additional 200 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Wayfair by 393.4% during the second quarter. EverSource Wealth Advisors LLC now owns 819 shares of the company’s stock worth $42,000 after purchasing an additional 653 shares during the last quarter. Cullen Frost Bankers Inc. bought a new position in Wayfair in the third quarter valued at $71,000. Finally, IFP Advisors Inc increased its stake in Wayfair by 49.3% in the 2nd quarter. IFP Advisors Inc now owns 1,869 shares of the company’s stock valued at $96,000 after buying an additional 617 shares during the last quarter. Institutional investors and hedge funds own 89.67% of the company’s stock.

Key Stories Impacting Wayfair

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Wayfair reports AI initiatives that have driven “millions of dollars” in cost savings — this supports margin improvement and operating leverage if savings scale across supply chain and marketing. Wayfair Lessons In Driving Millions Of Dollars In Savings With AI
• Positive Sentiment: Major consumer media are promoting Wayfair sales (Presidents’ Day, multi‑day deals), increasing brand visibility and likely boosting short‑term site traffic and order volume during a key promotional period. Higher top‑line activity could support near‑term revenue beats. Best Presidents’ Day Furniture Sales: Up To 60% Off At Wayfair, West Elm And More
• Neutral Sentiment: Numerous product‑level deal stories (rugs, comforters, furniture sets, storage solutions) are running across People/MSN; these increase purchase intent and awareness but are typical retail promotions that may not materially move long‑term margins alone. Joanna Gaines’ Area Rug ‘Doesn’t Show Dirt,’ and Shoppers Say It ‘Feels Expensive’
• Negative Sentiment: Large, concurrent insider sales: CEO Niraj Shah and co‑founder Steven Conine each sold 150,000 shares (around the same price level), significantly reducing reported holdings — this is weighing on sentiment and increases share supply risk in the near term. Niraj Shah Sells 150,000 Shares of Wayfair Steven Conine Sells 150,000 Shares

Wall Street Analysts Forecast Growth

W has been the subject of a number of recent research reports. UBS Group increased their price objective on shares of Wayfair from $102.00 to $135.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Oppenheimer increased their price target on Wayfair from $100.00 to $144.00 and gave the company an “outperform” rating in a research report on Wednesday, November 12th. Wall Street Zen raised Wayfair from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th. Argus increased their price objective on Wayfair from $105.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Finally, Gordon Haskett raised shares of Wayfair from an “accumulate” rating to a “buy” rating and set a $150.00 target price for the company in a research note on Tuesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $107.21.

Insider Activity at Wayfair

In related news, CTO Fiona Tan sold 9,000 shares of the company’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $119.00, for a total value of $1,071,000.00. Following the transaction, the chief technology officer 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Niraj Shah sold 150,000 shares of the stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 289,137 shares in the company, valued at approximately $31,478,345.19. This represents a 34.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 966,453 shares of company stock worth $101,748,287 in the last quarter. 21.91% of the stock is owned by corporate insiders.

Wayfair Trading Down 1.2%

Shares of NYSE W opened at $107.38 on Friday. The company has a market capitalization of $14.00 billion, a P/E ratio of -41.95, a P/E/G ratio of 8.93 and a beta of 3.31. Wayfair Inc. has a 12 month low of $20.41 and a 12 month high of $119.98. The stock has a 50 day moving average of $105.50 and a 200-day moving average of $90.38.

Wayfair (NYSE:W) last released its quarterly earnings data on Tuesday, October 28th. The company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.26. The company had revenue of $3.12 billion for the quarter, compared to the consensus estimate of $3.01 billion. During the same period last year, the firm earned $0.22 earnings per share. The company’s revenue for the quarter was up 8.1% compared to the same quarter last year. Analysts predict that Wayfair Inc. will post -2.54 EPS for the current fiscal year.

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.