Key Points
- Fiona Tan, Wayfair’s CTO, sold 9,000 shares on Jan. 13 at an average price of $119 for roughly $1.07M, trimming her holding by 4.3% to 200,328 shares valued at about $23.84M.
- Wayfair stock recently reached a near 52‑week high (~$119) and trades with a market cap around $15.38B and elevated volatility (beta 3.31).
- The company topped expectations last quarter with $0.70 EPS vs. $0.44 and $3.12B in revenue (up 8.1% YoY), and analysts maintain a generally positive stance (average rating "Moderate Buy" and target ~$107.21).
Wayfair Inc. (NYSE:W - Get Free Report) 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. This trade represents a 4.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Fiona Tan also recently made the following trade(s):
- On Wednesday, November 5th, Fiona Tan sold 6,347 shares of Wayfair stock. The shares were sold at an average price of $100.54, for a total transaction of $638,127.38.
Wayfair Price Performance
Shares of W stock opened at $117.98 on Friday. The stock has a market capitalization of $15.38 billion, a price-to-earnings ratio of -46.09 and a beta of 3.31. The company's fifty day simple moving average is $104.24 and its two-hundred day simple moving average is $86.57. Wayfair Inc. has a 1 year low of $20.41 and a 1 year high of $119.98.
Wayfair (NYSE:W - Get Free Report) last announced its quarterly earnings results on Tuesday, October 28th. The company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.26. The company had revenue of $3.12 billion during the quarter, compared to analysts' expectations of $3.01 billion. During the same quarter last year, the firm posted $0.22 earnings per share. Wayfair's revenue for the quarter was up 8.1% compared to the same quarter last year. Equities research analysts anticipate that Wayfair Inc. will post -2.54 EPS for the current year.
More Wayfair News
Here are the key news stories impacting Wayfair this week:
- Positive Sentiment: Shares reached a 52‑week high, signaling strong investor momentum and renewed bullish sentiment on Wayfair’s growth story and margin progression; this headline typically attracts momentum buyers. Read More.
- Positive Sentiment: Multiple consumer media pieces are promoting Wayfair sales — curated deals on rugs, bedding, full living‑room sets and holiday décor — which can drive short‑term traffic and conversion for an e‑commerce retailer that benefits from promotional demand spikes. Read More. Read More.
- Neutral Sentiment: Additional lifestyle/product roundups (Valentine’s décor, cookware, sleep‑tech items sold via marketplaces) keep Wayfair top‑of‑mind with consumers but are routine editorial coverage; view as steady awareness rather than a binary catalyst. Read More.
- Negative Sentiment: Insider selling: Wayfair CTO Fiona Tan sold 9,000 shares (~$1.07M) on Jan. 13. While insider sales are not uncommon and she still holds a large position, such trades can be viewed negatively by short‑term traders. Read More.
- Negative Sentiment: Wider market rotation into defensive assets (gold, defense, waste) noted by MarketBeat could be a headwind for high‑beta, discretionary e‑commerce names like Wayfair if investors favor recession‑proof sectors over growth. Monitor flows and consumer‑spend indicators. Read More.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on the stock. Evercore ISI increased their price target on shares of Wayfair from $100.00 to $115.00 and gave the stock an "outperform" rating in a report on Thursday, October 30th. Guggenheim increased their target price on shares of Wayfair from $120.00 to $125.00 and gave the stock a "buy" rating in a research note on Thursday, November 13th. Cowen reissued a "hold" rating on shares of Wayfair in a report on Wednesday, October 29th. Wall Street Zen raised shares of Wayfair from a "hold" rating to a "buy" rating in a report on Saturday, December 20th. Finally, Raymond James Financial increased their price objective on Wayfair from $90.00 to $130.00 and gave the stock a "strong-buy" rating in a research report on Wednesday, October 29th. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $107.21.
Check Out Our Latest Stock Report on W
Institutional Trading of Wayfair
Institutional investors and hedge funds have recently made changes to their positions in the stock. Capital World Investors grew its position in Wayfair by 4.1% in the third quarter. Capital World Investors now owns 13,374,574 shares of the company's stock worth $1,194,750,000 after acquiring an additional 521,240 shares in the last quarter. Vanguard Group Inc. raised its position in Wayfair by 4.3% during the third quarter. Vanguard Group Inc. now owns 9,562,050 shares of the company's stock valued at $854,178,000 after purchasing an additional 397,572 shares in the last quarter. Spruce House Investment Management LLC lifted its stake in Wayfair by 37.6% during the second quarter. Spruce House Investment Management LLC now owns 3,000,000 shares of the company's stock worth $153,420,000 after purchasing an additional 819,615 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Wayfair by 826.0% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,817,056 shares of the company's stock worth $251,648,000 after purchasing an additional 2,512,854 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Wayfair by 3.7% in the 2nd quarter. Geode Capital Management LLC now owns 1,661,496 shares of the company's stock worth $84,985,000 after purchasing an additional 59,083 shares in the last quarter. Hedge funds and other institutional investors own 89.67% of the company's stock.
Wayfair Company Profile
(
Get Free Report)
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.
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