Legato Capital Management LLC Makes New $1.33 Million Investment in Wayfair Inc. $W

Legato Capital Management LLC purchased a new position in Wayfair Inc. (NYSE:W) in the fourth quarter, Holdings Channel.com reports. The firm purchased 13,215 shares of the company’s stock, valued at approximately $1,327,000.

A number of other institutional investors have also bought and sold shares of the business. BloombergSen Inc. grew its position in shares of Wayfair by 5.8% during the fourth quarter. BloombergSen Inc. now owns 61,186 shares of the company’s stock valued at $6,144,000 after purchasing an additional 3,361 shares in the last quarter. Global Retirement Partners LLC grew its position in shares of Wayfair by 915.5% during the fourth quarter. Global Retirement Partners LLC now owns 3,331 shares of the company’s stock valued at $334,000 after purchasing an additional 3,003 shares in the last quarter. Mach 1 Financial Group LLC purchased a new position in shares of Wayfair during the fourth quarter valued at about $220,000. Tredje AP fonden purchased a new position in shares of Wayfair during the fourth quarter valued at about $9,037,000. Finally, Larson Financial Group LLC grew its position in shares of Wayfair by 36.2% during the fourth quarter. Larson Financial Group LLC now owns 708 shares of the company’s stock valued at $71,000 after purchasing an additional 188 shares in the last quarter. Hedge funds and other institutional investors own 89.67% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on W. Guggenheim restated a “buy” rating and set a $100.00 price objective on shares of Wayfair in a research report on Wednesday. Wedbush cut their price objective on Wayfair from $100.00 to $85.00 and set a “neutral” rating for the company in a research report on Friday, February 20th. TD Cowen cut their price objective on Wayfair from $88.00 to $75.00 and set a “hold” rating for the company in a research report on Thursday, April 30th. UBS Group cut their price objective on Wayfair from $130.00 to $115.00 and set a “buy” rating for the company in a research report on Friday, May 1st. Finally, Morgan Stanley set a $110.00 price objective on Wayfair in a research report on Friday, May 1st. One research 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 company. According to MarketBeat.com, Wayfair has a consensus rating of “Moderate Buy” and a consensus price target of $99.89.

Insider Buying and Selling

In related news, Director Steven Conine sold 112,861 shares of Wayfair stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $77.50, for a total value of $8,746,727.50. Following the completion of the transaction, the director owned 436,212 shares in the company, valued at approximately $33,806,430. This trade represents a 20.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Niraj Shah sold 113,863 shares of Wayfair stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $77.49, for a total value of $8,823,243.87. Following the completion of the transaction, the chief executive officer owned 435,274 shares of the company’s stock, valued at approximately $33,729,382.26. This represents a 20.73% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 517,735 shares of company stock worth $40,119,261. Corporate insiders own 18.44% of the company’s stock.

Wayfair Trading Up 0.0%

W opened at $67.08 on Monday. The firm has a market cap of $8.85 billion, a P/E ratio of -28.67, a P/E/G ratio of 3.83 and a beta of 3.02. Wayfair Inc. has a 12 month low of $34.46 and a 12 month high of $119.98. The stock has a 50-day moving average of $71.64 and a 200 day moving average of $88.90.

Wayfair (NYSE:W) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.26 EPS for the quarter, hitting the consensus estimate of $0.26. The company had revenue of $2.93 billion during 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%.The firm’s revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the business posted $0.10 earnings per share. On average, research analysts forecast that Wayfair Inc. will post 0.58 earnings per share for the current fiscal year.

More Wayfair News

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Multiple articles spotlight Wayfair’s deep Memorial Day markdowns on outdoor furniture, grills, mattresses, AC units, rugs, and living room items, which could boost traffic and conversion during a key retail period.
• Positive Sentiment: Wayfair continues to be featured as a go-to destination for budget-friendly home and seasonal purchases, reinforcing consumer awareness and promotional momentum ahead of summer. Wayfair’s $970 outdoor furniture set is on sale for $328 during Memorial Day sale
• Positive Sentiment: Shareholders also approved an expanded equity incentive plan at the 2026 annual meeting, which may help Wayfair retain and motivate employees as it works to improve growth and profitability. Wayfair Shareholders Approve Expanded Equity Incentive Plan
• Neutral Sentiment: Most of the remaining headlines are deal-roundups and product spotlights rather than new company-specific fundamentals, so they are likely helping sentiment more than changing the underlying business outlook.

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.