Key Points
- Niraj Shah sold 150,000 shares of Wayfair on Jan. 23 at an average price of $108.87 for about $16.33 million, cutting his stake by 34.16% to 289,137 shares (≈$31.48M).
- This transaction is part of a recent wave of insider selling—Shah sold 150,000 (Nov. 24), 120,000 (Dec. 23) and 30,000 (Dec. 26) shares prior to the Jan. 23 sale (450,000 total), and co‑founder Steven Conine also sold 150,000 the same day—moves that can pressure investor sentiment.
- By contrast, Wayfair has a $14.5B market cap and a 52‑week range of $20.41–$119.98, a consensus rating of "Moderate Buy" with a $107.21 target, and recently beat quarterly EPS/revenue estimates ($0.70 EPS; $3.12B, +8.1% year/year).
Wayfair Inc. (NYSE:W - Get Free Report) CEO Niraj Shah sold 150,000 shares of the company's stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $108.87, for a total value of $16,330,500.00. Following the transaction, the chief executive officer directly owned 289,137 shares in the company, valued at approximately $31,478,345.19. The trade was a 34.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link.
Niraj Shah also recently made the following trade(s):
- 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.
- On Tuesday, December 23rd, Niraj Shah sold 120,000 shares of Wayfair stock. The stock was sold at an average price of $100.27, for a total value of $12,032,400.00.
- On Monday, November 24th, Niraj Shah sold 150,000 shares of Wayfair stock. The shares were sold at an average price of $105.91, for a total value of $15,886,500.00.
Wayfair Stock Performance
Shares of NYSE W opened at $111.22 on Wednesday. Wayfair Inc. has a fifty-two week low of $20.41 and a fifty-two week high of $119.98. The company has a market cap of $14.50 billion, a PE ratio of -43.44, a P/E/G ratio of 9.05 and a beta of 3.31. The business has a 50-day simple moving average of $105.09 and a two-hundred day simple moving average of $90.14.
Wayfair (NYSE:W - Get Free Report) last announced its quarterly earnings data on Tuesday, October 28th. The company reported $0.70 EPS 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. The business's revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.22 earnings per share. On average, sell-side analysts predict that Wayfair Inc. will post -2.54 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on W. Guggenheim boosted their price objective on shares of Wayfair from $120.00 to $125.00 and gave the company a "buy" rating in a report on Thursday, November 13th. Truist Financial boosted their price target on Wayfair from $95.00 to $120.00 and gave the company a "buy" rating in a research note on Tuesday, October 28th. Argus raised their price objective on Wayfair from $105.00 to $125.00 and gave the stock a "buy" rating in a research note on Wednesday, October 29th. Citigroup lifted their target price on Wayfair from $105.00 to $135.00 and gave the stock a "buy" rating in a report on Wednesday, October 29th. Finally, The Goldman Sachs Group reiterated a "neutral" rating and issued a $104.00 price target on shares of Wayfair in a report on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $107.21.
Read Our Latest Stock Analysis on Wayfair
Institutional Trading of Wayfair
Several hedge funds and other institutional investors have recently added to or reduced their stakes in W. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Wayfair by 29.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 67,023 shares of the company's stock worth $2,147,000 after acquiring an additional 15,084 shares during the period. BloombergSen Inc. increased its stake in shares of Wayfair by 24.4% in the 2nd quarter. BloombergSen Inc. now owns 44,312 shares of the company's stock valued at $2,266,000 after purchasing an additional 8,704 shares in the last quarter. Patriot Financial Group Insurance Agency LLC acquired a new position in Wayfair in the 2nd quarter worth about $452,000. Ameritas Advisory Services LLC boosted its position in Wayfair by 32.9% during the second quarter. Ameritas Advisory Services LLC now owns 27,800 shares of the company's stock worth $1,422,000 after purchasing an additional 6,884 shares in the last quarter. Finally, QRG Capital Management Inc. acquired a new stake in Wayfair in the second quarter valued at approximately $342,000. Institutional investors and hedge funds own 89.67% of the company's stock.
Trending Headlines about Wayfair
Here are the key news stories impacting Wayfair this week:
- Positive Sentiment: Zacks flags Wayfair as likely to beat EPS estimates again based on its recent surprise history and current operating metrics — a prospective earnings beat is a clear upside catalyst for the share price. Why Wayfair (W) is Poised to Beat Earnings Estimates Again
- Positive Sentiment: Heavy promotional/editorial coverage (People, MSN, Southern Living, etc.) is highlighting large discounts across rugs, furniture, storage and home decor — this broad media exposure can boost site traffic and near‑term sales and supports consumer demand trends. Our Editors Test Wayfair Furniture and Decor
- Neutral Sentiment: Multiple product-specific deal stories (Joanna Gaines rug, Kelly Clarkson rugs, farmhouse sofa, storage shed, dresser, etc.) increase awareness but are typical retail promotions; they support topline activity but may not meaningfully change margins or long‑term guidance on their own. Example: Joanna Gaines rug discount. Joanna Gaines' Washable Area Rug Deal
- Negative Sentiment: Large insider sales by co‑founders/insiders are weighing on sentiment: CEO Niraj Shah and co‑founder Steven Conine each sold 150,000 shares at about $108.87 on Jan. 23, representing ~34% reductions in their reported holdings — such sizable, concurrent disposals can trigger investor concern about insider conviction and add supply pressure. Niraj Shah Form 4 Steven Conine Form 4
About Wayfair
(
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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