Wayfair Inc. $W Stock Holdings Boosted by SG Americas Securities LLC

SG Americas Securities LLC increased its position in Wayfair Inc. (NYSE:W) by 1,168.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 247,606 shares of the company’s stock after acquiring an additional 228,087 shares during the period. SG Americas Securities LLC’s holdings in Wayfair were worth $24,862,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Cornerstone Planning Group LLC boosted its stake in Wayfair by 28,200.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 283 shares of the company’s stock valued at $25,000 after purchasing an additional 282 shares during the period. True Wealth Design LLC grew its position in Wayfair by 250.5% in the 3rd quarter. True Wealth Design LLC now owns 326 shares of the company’s stock worth $29,000 after purchasing an additional 233 shares during the last quarter. Global Retirement Partners LLC increased its stake in shares of Wayfair by 156.3% in the third quarter. Global Retirement Partners LLC now owns 328 shares of the company’s stock valued at $29,000 after purchasing an additional 200 shares during the period. Larson Financial Group LLC raised its holdings in shares of Wayfair by 30.0% during the third quarter. Larson Financial Group LLC now owns 520 shares of the company’s stock valued at $46,000 after buying an additional 120 shares during the last quarter. Finally, Comerica Bank raised its holdings in shares of Wayfair by 56.5% during the third quarter. Comerica Bank now owns 634 shares of the company’s stock valued at $57,000 after buying an additional 229 shares during the last quarter. 89.67% of the stock is currently owned by institutional investors.

More Wayfair News

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Broad consumer deal coverage and outlet roundups may boost traffic and short-term sales momentum as spring/outdoor season begins. Read More.
• Positive Sentiment: Multiple earned-media pieces highlight discounted outdoor products (e.g., canopy tent, storage box, furniture), which could drive conversions and seasonal demand. Read More.
• Neutral Sentiment: Wayfair executives discussed AI and retail at Shoptalk — a signal of ongoing investment in personalization/tech but not an immediate earnings catalyst. Read More.
• Neutral Sentiment: Additional product write-ups (home and pet furniture) sustain brand visibility; useful for marketing momentum but unlikely to change fundamentals alone. Read More.
• Negative Sentiment: CEO Niraj Shah sold large blocks of stock (most recently ~107,818 shares on 3/23 plus another 1,571 on 3/24), which reduces insider ownership materially and can be perceived as a negative signal by investors. SEC filing/report: Read More.
• Negative Sentiment: Founder/director Steven Conine sold a very large block (107,919 shares on 3/23 and another 1,687 on 3/24), cutting his stake substantially—this magnitude of insider selling can amplify investor concern. SEC filing: Read More.
• Negative Sentiment: Wayfair was removed from the S&P Homebuilders Select Industry Index; index exits can force passive funds to sell and prompt a re‑rating of growth expectations. Read More.

Analysts Set New Price Targets

W has been the subject of several analyst reports. Wall Street Zen lowered Wayfair from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Jefferies Financial Group reaffirmed a “hold” rating on shares of Wayfair in a research note on Tuesday, March 10th. Robert W. Baird reduced their price target on Wayfair from $98.00 to $85.00 and set a “neutral” rating for the company in a research report on Friday, February 20th. Truist Financial decreased their price target on Wayfair from $120.00 to $105.00 and set a “buy” rating for the company in a research note on Friday, February 20th. Finally, Wedbush lowered their price target on Wayfair from $100.00 to $85.00 and set a “neutral” rating on the stock 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $104.62.

Wayfair Price Performance

NYSE W opened at $73.78 on Friday. Wayfair Inc. has a 12 month low of $20.41 and a 12 month high of $119.98. The firm has a market capitalization of $9.65 billion, a PE ratio of -30.36, a P/E/G ratio of 5.89 and a beta of 3.40. The company’s 50 day simple moving average is $87.40 and its 200 day simple moving average is $93.36.

Wayfair (NYSE:W) last released its earnings results on Thursday, February 19th. The company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.21. The firm had revenue of $3.34 billion during the quarter, compared to the consensus estimate of $3.30 billion. Wayfair had a negative return on equity of 1.52% and a negative net margin of 2.51%.The firm’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.25) earnings per share. Sell-side analysts anticipate that Wayfair Inc. will post -2.54 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Steven Conine sold 1,687 shares of Wayfair stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $77.14, for a total transaction of $130,135.18. Following the transaction, the director directly owned 59,467 shares of the company’s stock, valued at $4,587,284.38. The trade was a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Niraj Shah sold 1,571 shares of the business’s stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $77.18, for a total transaction of $121,249.78. Following the completion of the sale, the chief executive officer owned 59,748 shares in the company, valued at approximately $4,611,350.64. This trade represents a 2.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 809,489 shares of company stock worth $73,192,965 in the last three months. Company insiders own 21.91% of the company’s stock.

Wayfair 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.