Rep. Gilbert Ray Cisneros, Jr. Buys Wayfair Inc. (NYSE:W) Stock

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Wayfair Inc. (NYSE:W). In a filing disclosed on June 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Wayfair stock on May 11th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
• Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
• Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.

Wayfair Stock Performance

NYSE:W opened at $68.73 on Thursday. The stock has a market capitalization of $9.07 billion, a price-to-earnings ratio of -29.37, a PEG ratio of 3.75 and a beta of 3.02. Wayfair Inc. has a 1 year low of $45.46 and a 1 year high of $119.98. The stock has a fifty day moving average price of $70.46 and a two-hundred day moving average price of $85.94.

Wayfair (NYSE:W) last posted its earnings results on Thursday, April 30th. The company reported $0.26 earnings per share for the quarter, meeting the consensus estimate of $0.26. The company had revenue of $2.93 billion for the quarter, compared to analyst estimates of $2.89 billion. Wayfair had a negative return on equity of 2.20% and a negative net margin of 2.41%.Wayfair’s revenue was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.10 earnings per share. On average, analysts predict that Wayfair Inc. will post 0.63 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have weighed in on W shares. Truist Financial set a $99.00 target price on Wayfair in a report on Monday. JPMorgan Chase & Co. lowered their target price on Wayfair from $114.00 to $105.00 and set an “overweight” rating on the stock in a report on Friday, February 20th. The Goldman Sachs Group set a $79.00 target price on Wayfair in a report on Friday, May 1st. Wedbush lowered their target price on Wayfair from $100.00 to $85.00 and set a “neutral” rating on the stock in a report on Friday, February 20th. Finally, Guggenheim reissued a “buy” rating and issued a $100.00 target price on shares of Wayfair in a report on Wednesday, May 20th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Wayfair has an average rating of “Moderate Buy” and a consensus target price of $99.68.

Insiders Place Their Bets

In other news, CEO Niraj Shah sold 6,137 shares of the firm’s stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $78.62, for a total value of $482,490.94. Following the transaction, the chief executive officer directly owned 429,137 shares in the company, valued at $33,738,750.94. This trade represents a 1.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jon Blotner sold 4,790 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $72.19, for a total value of $345,790.10. Following the sale, the insider owned 111,158 shares in the company, valued at approximately $8,024,496.02. The trade was a 4.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 463,785 shares of company stock valued at $35,864,224. Insiders own 18.44% of the company’s stock.

Institutional Trading of Wayfair

Hedge funds have recently added to or reduced their stakes in the business. Covenant Asset Management LLC acquired a new stake in Wayfair in the 4th quarter worth about $4,403,000. Capital World Investors boosted its stake in Wayfair by 4.1% in the 3rd quarter. Capital World Investors now owns 13,374,574 shares of the company’s stock worth $1,194,750,000 after buying an additional 521,240 shares during the last quarter. Baader Bank Aktiengesellschaft acquired a new stake in Wayfair in the 3rd quarter worth about $1,107,000. WINTON GROUP Ltd acquired a new stake in Wayfair in the 3rd quarter worth about $2,635,000. Finally, Quantbot Technologies LP acquired a new stake in Wayfair in the 3rd quarter worth about $1,958,000. 89.67% of the stock is owned by institutional investors and hedge funds.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.