Algert Global LLC Purchases 84,327 Shares of Wayfair Inc. $W

Algert Global LLC grew its position in Wayfair Inc. (NYSE:W) by 310.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 111,457 shares of the company’s stock after purchasing an additional 84,327 shares during the period. Algert Global LLC owned about 0.09% of Wayfair worth $9,956,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership grew its stake in Wayfair by 826.0% in the third quarter. Arrowstreet Capital Limited Partnership now owns 2,817,056 shares of the company’s stock valued at $251,648,000 after acquiring an additional 2,512,854 shares during the period. AQR Capital Management LLC increased its holdings in shares of Wayfair by 197.3% in the second quarter. AQR Capital Management LLC now owns 1,557,937 shares of the company’s stock worth $79,673,000 after acquiring an additional 1,033,865 shares in the last quarter. Holocene Advisors LP raised its position in shares of Wayfair by 351.9% during the second 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 period. Spruce House Investment Management LLC raised its position 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 purchasing an additional 819,615 shares during the period. Finally, Scopus Asset Management L.P. bought a new position in shares of Wayfair during the 2nd quarter valued at about $40,536,000. Institutional investors and hedge funds own 89.67% of the company’s stock.

More Wayfair News

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: MarketBeat highlights that a recent court strike-down of import tariffs and improving technical indicators (bullish MACD cross, rising RSI) suggest Wayfair may have found a bottom — a catalyst traders view as reducing a major margin/headwind and supporting a rebound. 3 Rebound Candidates With Technical Tailwinds
• Positive Sentiment: Multiple consumer media stories are promoting Wayfair’s heavy promotions (outlet sales, weekend living-room discounts up to ~85%, and low-price items like a $160 reclining sleeper chair). These promotions can boost traffic and clearance-driven revenue in the near term and help clear inventory. Wayfair massive living room furniture sale Wayfair $160 reclining sleeper chair Wayfair outlet sale — People
• Neutral Sentiment: Wayfair presented at the UBS Global Consumer & Retail conference (transcript available). Investor presentations can provide clarity on trends, margins, and inventory; any company commentary or guidance readouts from that appearance could move the stock but the transcript alone is informational until specifics are confirmed. Wayfair Presents at UBS Global Consumer and Retail Conference Transcript
• Negative Sentiment: Despite today’s bounce, Wayfair remains below its 50- and 200-day moving averages and has a wide trading range over 12 months — signaling structural volatility and that longer-term technical resistance/valuation (negative trailing P/E, high beta) remain risks for sustained upside. (Background market data and technical levels underpin investor caution.)

Insider Transactions at Wayfair

In related news, CFO Kate Gulliver sold 36,497 shares of the stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $106.50, for a total transaction of $3,886,930.50. Following the completion of the transaction, the chief financial officer owned 149,238 shares in the company, valued at approximately $15,893,847. This represents a 19.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Niraj Shah sold 150,000 shares of the firm’s stock in a transaction on 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 of the company’s stock, valued at approximately $31,478,345.19. This trade represents a 34.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 890,494 shares of company stock valued at $86,493,261 in the last ninety days. 21.91% of the stock is currently owned by corporate insiders.

Wayfair Stock Performance

Shares of Wayfair stock opened at $75.69 on Monday. The firm has a market cap of $9.90 billion, a PE ratio of -31.15, a P/E/G ratio of 5.61 and a beta of 3.40. The business’s 50 day simple moving average is $94.02 and its 200 day simple moving average is $93.73. Wayfair Inc. has a 52-week low of $20.41 and a 52-week high of $119.98.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Wall Street Zen lowered Wayfair from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Truist Financial cut their price target on shares of Wayfair from $120.00 to $105.00 and set a “buy” rating on the stock in a research note on Friday, February 20th. Stifel Nicolaus reduced their price target on shares of Wayfair from $100.00 to $89.00 and set a “hold” rating for the company in a report on Friday, February 20th. Evercore set a $100.00 price objective on shares of Wayfair in a research report on Friday, February 20th. Finally, Morgan Stanley raised their price objective on shares of Wayfair from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $104.62.

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.