Steven  Conine net worth and biography

Steven Conine Biography and Net Worth

Insider of Wayfair

Steven Conine is the co-founder and co-chairman of Wayfair, an online furniture retailer headquartered in Boston. 

Conine was raised in New Jersey, and as a teenager, he spent time working at two outdoor furniture stores that his mother founded.

He met future Wayfair co-founder, Niraj Shah, while in high school, and the two friends went on to attend Cornell University together. Conine earned his bachelor's degree in mechanical engineering. 

Before starting CSN Stores—which would later become Wayfair—Conine and Shah founded Spinners, which provided custom application development for Fortune 500 companies, including The New York Times, Merrill Lynch, and JP Morgan Chase. They sold Spinners to iXL in 1998, and Conine stayed on as COO for iXL’s London office. Conine and Shah then founded enterprise software company, Simplify Mobile, which they sold to Tangoe in 2001. The pair started CSN Stores in 2002, from which they launched Wayfair in 2011. 

Under Conine and Shah’s guidance, Wayfair quickly grew into a successful online retailer. The company now offers over 18 million products between five brands, Wayfair, AllModern, Birch Lane, Joss & Main, and Perigold.

Conine heads up the technological innovations that give Wayfair an edge in the online retail world, from the development of architecting software systems to the leveraging of next-generation technologies like artificial intelligence and augmented reality.

Wayfair went public in 2014, and when share prices rose above $70 in 2017, both founders became billionaires. 

Conine also sits on the board of CarGurus, a leading global online automotive marketplace.

He lives in Boston with his wife, Alexi, and their three children.

What is Steven Conine's net worth?

The estimated net worth of Steven Conine is at least $14.34 million as of February 9th, 2024. Mr. Conine owns 259,073 shares of Wayfair stock worth more than $14,337,100 as of April 16th. This net worth evaluation does not reflect any other investments that Mr. Conine may own. Additionally, Mr. Conine receives a salary of $150,300.00 as Insider at Wayfair. Learn More about Steven Conine's net worth.

How old is Steven Conine?

Mr. Conine is currently 51 years old. There are 5 older executives and no younger executives at Wayfair. The oldest executive at Wayfair is Dr. Thomas Netzer, Chief Operating Officer, who is 53 years old. Learn More on Steven Conine's age.

What is Steven Conine's salary?

As the Insider of Wayfair Inc., Mr. Conine earns $150,300.00 per year. There are 5 executives that earn more than Mr. Conine. The highest earning executive at Wayfair is Mr. Jon Blotner, Chief Commercial Officer, who commands a salary of $1,010,000.00 per year. Learn More on Steven Conine's salary.

How do I contact Steven Conine?

The corporate mailing address for Mr. Conine and other Wayfair executives is 4 COPLEY PLACE 7TH FLOOR, BOSTON MA, 02116. Wayfair can also be reached via phone at (617) 532-6100 and via email at [email protected]. Learn More on Steven Conine's contact information.

Has Steven Conine been buying or selling shares of Wayfair?

Steven Conine has not been actively trading shares of Wayfair during the last quarter. Most recently, Steven Conine sold 8,300 shares of the business's stock in a transaction on Friday, February 9th. The shares were sold at an average price of $52.31, for a transaction totalling $434,173.00. Following the completion of the sale, the insider now directly owns 259,073 shares of the company's stock, valued at $13,552,108.63. Learn More on Steven Conine's trading history.

Who are Wayfair's active insiders?

Wayfair's insider roster includes Jon Blotner (Insider), Michael Choe (Director), Steven Conine (Insider), Michael Fleisher (CFO), Kate Gulliver (CFO), Michael Kumin (Director), Edmond Macri (Insider), James Miller (CTO), John Mulliken (CTO), Thomas Netzer (COO), Steve Oblak (Insider), James Savarese (COO), Anke Schaferkordt (Director), Niraj Shah (CEO), and Fiona Tan (CTO). Learn More on Wayfair's active insiders.

Are insiders buying or selling shares of Wayfair?

During the last twelve months, insiders at the sold shares 47 times. They sold a total of 340,493 shares worth more than $19,874,344.85. The most recent insider tranaction occured on April, 8th when CEO Niraj Shah sold 10,000 shares worth more than $645,800.00. Insiders at Wayfair own 26.8% of the company. Learn More about insider trades at Wayfair.

Information on this page was last updated on 4/8/2024.

Steven Conine Insider Trading History at Wayfair

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/9/2024Sell8,300$52.31$434,173.00259,073View SEC Filing Icon  
12/7/2023Sell10,000$52.78$527,800.00279,073View SEC Filing Icon  
11/27/2023Sell10,000$52.37$523,700.00289,073View SEC Filing Icon  
12/1/2021Sell40,927$254.85$10,430,245.95View SEC Filing Icon  
1/14/2021Sell35,920$349.81$12,565,175.2069,840View SEC Filing Icon  
8/24/2020Sell4,080$348.26$1,420,900.80View SEC Filing Icon  
8/11/2020Sell28,302$323.18$9,146,640.3679,961View SEC Filing Icon  
8/7/2020Sell51,737$303.67$15,710,974.79160,000View SEC Filing Icon  
4/23/2019Sell26,365$146.80$3,870,382.0026,000View SEC Filing Icon  
4/8/2019Sell26,464$150.21$3,975,157.4434,580View SEC Filing Icon  
3/25/2019Sell31,000$161.42$5,004,020.0058,980View SEC Filing Icon  
3/4/2019Sell31,000$165.76$5,138,560.0062,580View SEC Filing Icon  
2/4/2019Sell14,000$111.25$1,557,500.0051,650View SEC Filing Icon  
1/22/2019Sell4,000$97.99$391,960.0067,122View SEC Filing Icon  
1/14/2019Sell4,000$94.38$377,520.0069,523View SEC Filing Icon  
12/31/2018Sell800$92.69$74,152.0077,070View SEC Filing Icon  
12/27/2018Sell4,000$92.06$368,240.0077,670View SEC Filing Icon  
12/12/2018Sell9,193$106.76$981,444.6893,463View SEC Filing Icon  
12/10/2018Sell9,000$106.64$959,760.0093,463View SEC Filing Icon  
11/28/2018Sell5,450$103.60$564,620.0041,863View SEC Filing Icon  
11/26/2018Sell900$92.74$83,466.0045,163View SEC Filing Icon  
10/31/2018Sell10,925$107.66$1,176,185.5064,415View SEC Filing Icon  
10/29/2018Sell9,424$106.93$1,007,708.3264,415View SEC Filing Icon  
10/22/2018Sell17,000$124.31$2,113,270.0080,488View SEC Filing Icon  
9/26/2018Sell26,000$138.02$3,588,520.00166,745View SEC Filing Icon  
9/11/2018Sell26,000$137.11$3,564,860.0048,538View SEC Filing Icon  
8/15/2018Sell1,145$121.19$138,762.5560,653View SEC Filing Icon  
8/13/2018Sell17,000$123.00$2,091,000.0069,372View SEC Filing Icon  
8/6/2018Sell14,000$112.97$1,581,580.0088,853View SEC Filing Icon  
7/30/2018Sell14,000$113.85$1,593,900.0047,169View SEC Filing Icon  
7/10/2018Sell14,200$120.01$1,704,142.0022,294View SEC Filing Icon  
6/18/2018Sell5,166$111.42$575,595.7249,161View SEC Filing Icon  
6/6/2018Sell4,000$98.45$393,800.0052,661View SEC Filing Icon  
2/20/2018Sell2,000$98.09$196,180.0032,296View SEC Filing Icon  
2/15/2018Sell769$95.76$73,639.4432,296View SEC Filing Icon  
2/5/2018Sell2,000$92.21$184,420.0031,796View SEC Filing Icon  
1/29/2018Sell2,000$93.77$187,540.0034,894View SEC Filing Icon  
11/15/2017Sell1,226$64.08$78,562.0861,641View SEC Filing Icon  
8/29/2017Sell41,200$67.87$2,796,244.00260,270View SEC Filing Icon  
8/28/2017Sell14,400$68.52$986,688.00260,270View SEC Filing Icon  
8/23/2017Sell40,000$66.50$2,660,000.0059,070View SEC Filing Icon  
8/16/2017Sell36,060$70.57$2,544,754.2010,130View SEC Filing Icon  
7/26/2017Sell55,000$76.63$4,214,650.0055,000View SEC Filing Icon  
6/26/2017Sell50,000$75.94$3,797,000.00230,925View SEC Filing Icon  
6/5/2017Sell45,000$67.63$3,043,350.00140,268View SEC Filing Icon  
5/23/2017Sell40,000$62.80$2,512,000.0027,675View SEC Filing Icon  
4/17/2017Sell18,843$43.57$820,989.5145,450View SEC Filing Icon  
4/10/2017Sell18,000$43.84$789,120.0049,635View SEC Filing Icon  
3/29/2017Sell12,000$40.04$480,480.0084,950View SEC Filing Icon  
2/15/2017Sell12,851$42.01$539,870.5132,159View SEC Filing Icon  
1/10/2017Sell12,000$40.14$481,680.0028,108View SEC Filing Icon  
10/17/2016Sell813$35.20$28,617.6038,189View SEC Filing Icon  
8/15/2016Sell805$39.39$31,708.952,500View SEC Filing Icon  
7/25/2016Sell2,008$40.10$80,520.802,008View SEC Filing Icon  
7/13/2016Sell12,000$40.72$488,640.0012,000View SEC Filing Icon  
7/7/2016Sell12,000$40.16$481,920.007,592View SEC Filing Icon  
6/20/2016Sell12,000$40.30$483,600.0012,000View SEC Filing Icon  
5/18/2016Sell12,000$40.04$480,480.0046,000View SEC Filing Icon  
4/25/2016Sell4,405$40.09$176,596.454,405View SEC Filing Icon  
2/1/2016Sell78,283$44.49$3,482,810.67View SEC Filing Icon  
12/2/2015Sell78,283$38.04$2,977,885.32100,000View SEC Filing Icon  
10/1/2015Sell62,626$33.77$2,114,880.02View SEC Filing Icon  
7/2/2015Sell62,626$37.74$2,363,505.24View SEC Filing Icon  
6/2/2015Sell23,900$29.07$694,773.00View SEC Filing Icon  
6/1/2015Sell38,726$29.07$1,125,764.82View SEC Filing Icon  
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Steven Conine Buying and Selling Activity at Wayfair

This chart shows Steven Conine's buying and selling at Wayfair by year and by quarter.

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Wayfair Company Overview

Wayfair logo
Wayfair Inc. provides e-commerce business in the United States and internationally. The company offers approximately thirty million products for the home sector. It offers online selections of furniture, décor, housewares, and home improvement products through its sites consisting of Wayfair, Joss & Main, AllModern, Birch Lane, Perigold, and Wayfair Professional. The company offers its products under the Three Posts and Mercury Row brand name. The company was founded in 2002 and is headquartered in Boston, Massachusetts.
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Today's Range

Now: $55.34
Low: $53.01
High: $56.06

50 Day Range

MA: $59.16
Low: $48.78
High: $67.88

2 Week Range

Now: $55.34
Low: $29.51
High: $90.71

Volume

6,987,848 shs

Average Volume

4,310,875 shs

Market Capitalization

$6.66 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

3.29