Signaturefd LLC Trims Holdings in Wayfair Inc. $W

Signaturefd LLC lowered its stake in shares of Wayfair Inc. (NYSE:W) by 92.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 28,088 shares of the company’s stock after selling 348,609 shares during the quarter. Signaturefd LLC’s holdings in Wayfair were worth $2,509,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Spruce House Investment Management LLC raised its holdings in shares of Wayfair by 37.6% during the 2nd quarter. Spruce House Investment Management LLC now owns 3,000,000 shares of the company’s stock worth $153,420,000 after acquiring an additional 819,615 shares during the period. Geode Capital Management LLC grew its holdings in shares of Wayfair by 3.7% in the second quarter. Geode Capital Management LLC now owns 1,661,496 shares of the company’s stock valued at $84,985,000 after purchasing an additional 59,083 shares during the period. AQR Capital Management LLC increased its position in Wayfair by 197.3% during the second quarter. AQR Capital Management LLC now owns 1,557,937 shares of the company’s stock worth $79,673,000 after purchasing an additional 1,033,865 shares during the last quarter. Holocene Advisors LP raised its stake in Wayfair by 351.9% during the second quarter. Holocene Advisors LP now owns 1,294,057 shares of the company’s stock worth $66,178,000 after purchasing an additional 1,007,676 shares during the period. Finally, Scopus Asset Management L.P. purchased a new position in Wayfair during the second quarter worth about $40,536,000. 89.67% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Wayfair

In other Wayfair news, CEO Niraj Shah sold 150,000 shares of the business’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $105.91, for a total transaction of $15,886,500.00. Following the sale, the chief executive officer directly owned 729,137 shares in the company, valued at $77,222,899.67. This represents a 17.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Steven Conine sold 150,000 shares of the stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $105.92, for a total transaction of $15,888,000.00. Following the sale, the insider directly owned 729,073 shares in the company, valued at $77,223,412.16. This represents a 17.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,085,959 shares of company stock valued at $103,711,474 over the last 90 days. 21.91% of the stock is currently owned by company insiders.

Key Stores Impacting Wayfair

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Mizuho reaffirmed an “outperform” rating and set a $130 price target (about 22% above the current level), giving the stock a clear analyst-led catalyst that supports upside expectations. Article Title
• Positive Sentiment: The Biden/Trump administration (reporting identifies President Trump delaying a planned tariff increase) pause on higher tariffs for upholstered furniture, kitchen cabinets and vanities removes near-term cost/headwind risk for furniture retailers, a direct boost to Wayfair’s margin outlook and investor sentiment. Article Title
• Positive Sentiment: Additional coverage across industry outlets highlights the same tariff delay and shows group-level buying in furniture stocks, which typically amplifies momentum for market leaders like Wayfair. Article Title
• Neutral Sentiment: Multiple consumer deal stories on Wayfair (clearance items, discounted small appliances and furniture bargains) increase traffic and brand visibility but are unlikely to change near-term revenue/earnings guidance materially. Example listings covered: a storage sectional with USB charger. Article Title
• Neutral Sentiment: Other deal stories include a discounted Ninja Foodi air fryer and a weather-resistant metal storage shed — useful for traffic but not a clear earnings catalyst. Article Title
• Neutral Sentiment: End-of-year clearance coverage highlights discounted SKUs (e.g., vintage-style storage cabinet) that help Q4/Q1 traffic but are routine promotional activity. Article Title

Analyst Upgrades and Downgrades

W has been the subject of several analyst reports. Stifel Nicolaus set a $100.00 price target on shares of Wayfair in a research note on Wednesday, October 29th. Royal Bank Of Canada upped their price objective on Wayfair from $51.00 to $86.00 and gave the company a “sector perform” rating in a report on Thursday, October 30th. 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. Piper Sandler restated an “overweight” rating on shares of Wayfair in a research report on Friday, November 21st. Finally, Wells Fargo & Company upped their price target on Wayfair from $90.00 to $110.00 and gave the company an “overweight” rating in a research note on Wednesday, October 29th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $105.29.

Wayfair Stock Performance

Wayfair stock opened at $106.43 on Friday. The company has a market capitalization of $13.87 billion, a PE ratio of -41.58 and a beta of 3.31. Wayfair Inc. has a fifty-two week low of $20.41 and a fifty-two week high of $114.92. The firm has a 50 day moving average price of $101.93 and a 200 day moving average price of $82.84.

Wayfair (NYSE:W) last released its quarterly earnings results on Tuesday, October 28th. The company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.44 by $0.26. The firm had revenue of $3.12 billion for the quarter, compared to analysts’ expectations of $3.01 billion. During the same quarter in the prior year, the business earned $0.22 earnings per share. The company’s quarterly revenue was up 8.1% on a year-over-year basis. As a group, equities research analysts forecast that Wayfair Inc. will post -2.54 earnings per share for the current year.

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.