Fox Run Management L.L.C. Buys Shares of 11,056 Wayfair Inc. $W

Fox Run Management L.L.C. bought a new stake in shares of Wayfair Inc. (NYSE:W) in the 3rd quarter, Holdings Channel reports. The firm bought 11,056 shares of the company’s stock, valued at approximately $988,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in W. AQR Capital Management LLC increased its position in Wayfair by 197.3% during the 2nd quarter. AQR Capital Management LLC now owns 1,557,937 shares of the company’s stock valued at $79,673,000 after buying an additional 1,033,865 shares in the last quarter. Holocene Advisors LP grew its stake in shares of Wayfair by 351.9% in the second quarter. Holocene Advisors LP now owns 1,294,057 shares of the company’s stock worth $66,178,000 after acquiring an additional 1,007,676 shares during the last quarter. Spruce House Investment Management LLC increased 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 valued at $153,420,000 after acquiring an additional 819,615 shares in the last quarter. Scopus Asset Management L.P. purchased a new position in shares of Wayfair in the 2nd quarter worth about $40,536,000. Finally, Hook Mill Capital Partners LP bought a new position in Wayfair in the 2nd quarter worth about $39,965,000. Hedge funds and other institutional investors own 89.67% of the company’s stock.

Wayfair Price Performance

Shares of W opened at $79.03 on Friday. The firm has a market capitalization of $10.30 billion, a P/E ratio of -32.52, a PEG ratio of 5.61 and a beta of 3.36. Wayfair Inc. has a one year low of $20.41 and a one year high of $119.98. The business has a fifty day moving average of $99.72 and a 200 day moving average of $93.55.

Analysts Set New Price Targets

A number of analysts have weighed in 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 report on Wednesday, December 3rd. JPMorgan Chase & Co. reduced their price target on shares of Wayfair from $114.00 to $105.00 and set an “overweight” rating for the company in a research report on Friday, February 20th. The Goldman Sachs Group set a $92.00 price objective on shares of Wayfair in a report on Friday, February 20th. UBS Group reiterated a “buy” rating on shares of Wayfair in a research note on Tuesday, February 17th. Finally, Piper Sandler reissued an “overweight” rating and issued a $125.00 target price on shares of Wayfair in a report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $104.62.

Insider Buying and Selling at Wayfair

In related news, CTO Fiona Tan sold 9,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of $119.00, for a total transaction 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. The trade was a 4.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Kate Gulliver sold 36,497 shares of the company’s stock in a transaction that occurred 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 sale, the chief financial officer directly owned 149,238 shares of the company’s stock, valued at approximately $15,893,847. This represents a 19.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 836,544 shares of company stock worth $82,238,224. 21.91% of the stock is owned by corporate insiders.

Key Stories Impacting Wayfair

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Wayfair reported a fourth quarter that beat revenue and profit expectations and management said the company “returned to growth” with acceleration driven by store expansion and the Wayfair Rewards loyalty program — a fundamental beat that supports upside if growth sustains. 5 Must-Read Analyst Questions From Wayfair’s Q4 Earnings Call
• Positive Sentiment: Citigroup lowered its price target on W to $110 from $135 but kept a “buy” rating — the cut reduces near-term upside implied by that firm but still signals analyst confidence that shares can rally from current levels. Benzinga
• Neutral Sentiment: Heavy promotional activity — Wayfair’s spring and closeout sales (discounted rugs, furniture, and popular SKUs) could help near-term traffic and conversion but are likely margin-neutral to slightly dilutive when relying on discounts. Examples: Apartment Therapy, People, and MSN coverage. Apartment Therapy Wayfair Spring Sale People Rugs
• Negative Sentiment: New 15% tariffs on imported goods raise the prospect of higher costs for Wayfair’s internationally sourced home products, pressuring gross margins unless fully passed to customers — a meaningful operational headwind. Wayfair Tariffs Test Margins
• Negative Sentiment: Insider selling: CEO Niraj Shah and co‑founder Steven Conine each disclosed large share sales (≈93k shares each), representing meaningful reductions in their ownership — investors often view repeated large insider sales as a negative signal for near-term confidence. Insider Trades
• Negative Sentiment: An analyst downgrade drove a notable intraday decline recently (coverage flagged shares down ~8.1% after the downgrade), illustrating sensitivity to analyst views and the potential for volatility around ratings changes. Analyst Downgrade / Shares Down
• Negative Sentiment: Comparison pieces argue MercadoLibre (MELI) offers stronger long-term upside given fintech expansion and Latin America dominance, framing Wayfair as having less relative upside and increasing sector-competitive pressure on investor allocation. MercadoLibre vs. Wayfair (Yahoo) Zacks Comparison

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.