Wayfair (NYSE:W) CEO Niraj Shah Sells 107,818 Shares of Stock

Wayfair Inc. (NYSE:W) CEO Niraj Shah sold 107,818 shares of the business’s stock in a transaction on 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 owned 61,319 shares in the company, valued at approximately $4,733,213.61. This represents a 63.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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 value of $121,249.78.
• On Thursday, February 26th, Niraj Shah sold 27,000 shares of Wayfair stock. The shares were 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 value of $6,940,590.00.
• On Friday, January 23rd, Niraj Shah sold 150,000 shares of Wayfair stock. The shares were 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 value of $3,069,600.00.

Wayfair Price Performance

W opened at $79.47 on Thursday. The company has a market capitalization of $10.39 billion, a PE ratio of -32.71, a price-to-earnings-growth ratio of 5.57 and a beta of 3.40. Wayfair Inc. has a fifty-two week low of $20.41 and a fifty-two week high of $119.98. The business has a 50-day moving average of $88.28 and a 200-day moving average of $93.50.

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

Analyst Ratings Changes

Several brokerages have recently commented on W. Piper Sandler restated an “overweight” rating and set a $125.00 price target on shares of Wayfair in a research note on Friday, February 20th. Wall Street Zen lowered shares of Wayfair from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. UBS Group reiterated a “buy” rating on shares of Wayfair in a report on Tuesday, February 17th. Citigroup cut their target price on Wayfair from $135.00 to $110.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Finally, Evercore set a $100.00 target price on Wayfair in a report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Wayfair currently has an average rating of “Moderate Buy” and an average price target of $104.62.

More Wayfair News

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Widespread consumer-facing coverage and deal roundups could boost traffic and short-term sales momentum for Wayfair as the spring/outdoor season starts. 30 Best Wayfair Outlet Deals Of The Month
• Neutral Sentiment: Wayfair executives participated in Shoptalk conversations about AI and retail — a sign the company is focused on tech-driven merchandising and personalization but not an immediate earnings catalyst. Shoptalk Vegas Day 1: Gap, Sephora and Wayfair discuss retail in the age of AI
• Neutral Sentiment: Market-wide moves (e.g., easing geopolitical tensions) have helped lift many consumer names including Wayfair in short sessions; that’s macro-driven and may not reflect company-specific fundamentals. Carvana, Wayfair, and Remitly Stocks Trade Up, What You Need To Know
• Negative Sentiment: Founder/director Steven Conine sold a large block (107,919 shares on 3/23 and an additional 1,687 on 3/24), reducing his stake by a reported ~63% from prior levels — a transaction that can be interpreted as negative signal or simply personal liquidity. SEC filing: Conine Form 4
• Negative Sentiment: CEO Niraj Shah also sold a large block (107,818 shares on 3/23 and 1,571 on 3/24), reducing his ownership by roughly the same magnitude — another potential bearish signal that may concern investors. SEC filing: Shah Form 4
• Negative Sentiment: Wayfair was removed from the S&P Homebuilders Select Industry Index — index exit can force passive funds to sell and triggers fresh valuation scrutiny from investors and analysts. Wayfair’s Index Exit Prompts Fresh Look At Valuation And Future Growth Assumptions

Hedge Funds Weigh In On Wayfair

A number of institutional investors have recently modified their holdings of the company. Cornerstone Planning Group LLC lifted its stake in shares of Wayfair by 28,200.0% in the third quarter. Cornerstone Planning Group LLC now owns 283 shares of the company’s stock worth $25,000 after buying an additional 282 shares during the last quarter. True Wealth Design LLC grew its stake in Wayfair by 250.5% in the 3rd quarter. True Wealth Design LLC now owns 326 shares of the company’s stock valued at $29,000 after buying an additional 233 shares during the last quarter. Global Retirement Partners LLC raised its holdings in Wayfair by 156.3% in the 3rd quarter. Global Retirement Partners LLC now owns 328 shares of the company’s stock worth $29,000 after acquiring an additional 200 shares during the period. Webster Bank N. A. bought a new position in Wayfair in the 4th quarter worth $30,000. Finally, V Square Quantitative Management LLC acquired a new position in Wayfair during the 4th quarter worth $33,000. Institutional investors own 89.67% of the company’s stock.

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.