Wayfair Inc. $W Shares Sold by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D reduced its position in shares of Wayfair Inc. (NYSE:W) by 30.0% during the third quarter, HoldingsChannel reports. The firm owned 36,405 shares of the company’s stock after selling 15,595 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Wayfair were worth $3,252,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Cornerstone Planning Group LLC increased its stake in Wayfair by 28,200.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 283 shares of the company’s stock worth $25,000 after buying an additional 282 shares during the period. True Wealth Design LLC grew its stake in shares of Wayfair by 250.5% during the third quarter. True Wealth Design LLC now owns 326 shares of the company’s stock valued at $29,000 after acquiring an additional 233 shares in the last quarter. Global Retirement Partners LLC increased its position in shares of Wayfair by 156.3% during the third quarter. Global Retirement Partners LLC now owns 328 shares of the company’s stock worth $29,000 after acquiring an additional 200 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Wayfair by 393.4% during the second quarter. EverSource Wealth Advisors LLC now owns 819 shares of the company’s stock worth $42,000 after acquiring an additional 653 shares during the last quarter. Finally, Cullen Frost Bankers Inc. acquired a new position in shares of Wayfair in the third quarter worth about $71,000. 89.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on W shares. JPMorgan Chase & Co. lowered their price objective on Wayfair from $114.00 to $105.00 and set an “overweight” rating for the company in a research note on Friday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Wayfair in a research note on Wednesday, January 21st. Citigroup raised their price target on shares of Wayfair from $105.00 to $135.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Stifel Nicolaus cut their price target on shares of Wayfair from $100.00 to $89.00 and set a “hold” rating on the stock in a report on Friday. Finally, Deutsche Bank Aktiengesellschaft set a $75.00 price objective on shares of Wayfair in a research note on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Wayfair has an average rating of “Moderate Buy” and a consensus target price of $106.17.

Wayfair News Summary

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Market tailwind — A Supreme Court decision blocking parts of the Trump tariff plan spurred a rally in retail names, helping push Wayfair shares higher along with peers in the afternoon session. Today’s Stock Market Angi, Bumble, Match Group, Wayfair, and Shutterstock Shares Skyrocket
• Positive Sentiment: Earnings beat — Wayfair reported Q4 EPS of $0.85 and revenue up ~6.9% Y/Y, topping consensus and marking the company’s first annual sales gain since 2020, a fundamental positive for investors. Wayfair Q4 Earnings & Revenues Beat Estimates
• Neutral Sentiment: Guidance & strategy — Management outlined mid-single-digit Q1 revenue growth and plans to expand physical retail and loyalty programs; that supports growth but may raise near-term investment needs. Wayfair outlines mid-single-digit Q1 revenue growth
• Neutral Sentiment: Mixed analyst reactions — Several firms trimmed price targets (JPMorgan, Truist, Stifel, Wedbush) while Needham reaffirmed a $125 target; the cuts temper enthusiasm but several analysts still see upside. Analyst PTs Lowered Benzinga
• Negative Sentiment: Customer-growth concerns — Investors focused on signs of active-customer softness despite top-line beats; that worry triggered a sharp post-earnings reaction and capped gains. Highly Shorted Wayfair Sinks
• Negative Sentiment: Margin & investment risk — Management warned that planned investments and store expansion could pressure margins; that message, highlighted in coverage, is a key reason some investors sold into the rally. Wayfair’s stock sinks Wayfair warns investment plans could pressure margins

Insider Buying and Selling at Wayfair

In related news, CTO Fiona Tan sold 9,000 shares of the company’s stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $119.00, for a total transaction of $1,071,000.00. Following the completion of the transaction, the chief technology officer directly owned 200,328 shares in the company, valued at $23,839,032. This represents a 4.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Steven Conine sold 150,000 shares of the firm’s stock in a transaction on Friday, January 23rd. The shares were sold at an average price of $108.87, for a total value of $16,330,500.00. Following the completion of the sale, the insider owned 289,073 shares in the company, valued at $31,471,377.51. The trade was a 34.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 950,494 shares of company stock worth $100,127,813. Corporate insiders own 21.91% of the company’s stock.

Wayfair Stock Up 2.0%

Shares of NYSE:W opened at $81.19 on Friday. The company has a market cap of $10.58 billion, a PE ratio of -33.41, a P/E/G ratio of 7.60 and a beta of 3.36. Wayfair Inc. has a fifty-two week low of $20.41 and a fifty-two week high of $119.98. The firm has a 50-day simple moving average of $101.66 and a 200 day simple moving average of $93.51.

Wayfair 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.