Wayfair (NYSE:W) CTO Fiona Tan Sells 9,000 Shares of Stock

Wayfair Inc. (NYSE:W) CTO Fiona Tan sold 9,000 shares of the business’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $119.00, for a total value of $1,071,000.00. Following the completion of the sale, the chief technology officer directly owned 200,328 shares of the company’s stock, valued at $23,839,032. The trade was a 4.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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 value of $638,127.38.

Wayfair Stock Up 2.9%

NYSE W opened at $117.98 on Friday. Wayfair Inc. has a 52 week low of $20.41 and a 52 week high of $119.98. The business has a 50 day moving average price of $104.24 and a 200-day moving average price of $86.57. The company has a market cap of $15.38 billion, a price-to-earnings ratio of -46.09 and a beta of 3.31.

Wayfair (NYSE:W) last posted its quarterly earnings results on Tuesday, October 28th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.26. The business had revenue of $3.12 billion during the quarter, compared to analyst estimates 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 posted $0.22 EPS. On average, equities research analysts anticipate that Wayfair Inc. will post -2.54 earnings per share for the current year.

Institutional Trading of Wayfair

Hedge funds have recently added to or reduced their stakes in the stock. Y Intercept Hong Kong Ltd purchased a new stake in Wayfair in the second quarter worth $1,512,000. Hook Mill Capital Partners LP purchased a new position in shares of Wayfair during the 2nd quarter valued at $39,965,000. Range Financial Group LLC bought a new position in shares of Wayfair during the 3rd quarter worth $1,330,000. Bosun Asset Management LLC purchased a new stake in Wayfair in the 2nd quarter worth about $690,000. Finally, Norges Bank bought a new stake in Wayfair in the 2nd quarter valued at about $33,708,000. Institutional investors own 89.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on W shares. JPMorgan Chase & Co. increased their price target on Wayfair from $82.00 to $105.00 and gave the company an “overweight” rating in a research report on Monday, October 27th. Piper Sandler reiterated an “overweight” rating on shares of Wayfair in a research note on Friday, November 21st. Raymond James Financial raised their price target on shares of Wayfair from $90.00 to $130.00 and gave the company a “strong-buy” rating in a research report on Wednesday, October 29th. Jefferies Financial Group cut shares of Wayfair from a “buy” rating to a “hold” rating and set a $94.00 price target on the stock. in a report on Wednesday, December 3rd. Finally, Needham & Company LLC increased their price objective on shares of Wayfair from $83.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $107.21.

Key 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.

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.