Wayfair (NYSE:W) Trading Down 5.4% – Time to Sell?

Wayfair Inc. (NYSE:W)’s share price was down 5.4% during mid-day trading on Tuesday . The stock traded as low as $90.01 and last traded at $90.4790. Approximately 1,107,364 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 3,850,569 shares. The stock had previously closed at $95.63.

More Wayfair News

Here are the key news stories impacting Wayfair this week:

• Negative Sentiment: Zacks Research lowered Wayfair’s Q1 2027 EPS estimate to ($0.05) from ($0.04), signaling a slightly larger expected loss. Wayfair analyst update
• Negative Sentiment: The firm also reduced its Q3 2027 EPS estimate to $0.24 from $0.25 and cut FY2027 EPS to $0.97 from $0.98, reinforcing a softer near-term earnings outlook. Wayfair analyst update
• Neutral Sentiment: Recent lifestyle and shopping coverage highlighted Wayfair promotions and discounted home goods, which may support traffic and sales, but these items are promotional rather than direct financial catalysts. Wayfair patio furniture article

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. UBS Group cut their price objective on shares of Wayfair from $130.00 to $115.00 and set a “buy” rating on the stock in a report on Friday, May 1st. The Goldman Sachs Group set a $79.00 target price on shares of Wayfair in a report on Friday, May 1st. Royal Bank Of Canada dropped their price target on Wayfair from $92.00 to $76.00 and set a “sector perform” rating on the stock in a research report on Thursday, April 30th. TD Cowen reduced their price objective on Wayfair from $88.00 to $75.00 and set a “hold” rating for the company in a research report on Thursday, April 30th. Finally, Citigroup reduced their price objective on Wayfair from $110.00 to $95.00 and set a “buy” rating for the company in a research report on Tuesday, May 19th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $99.68.

Wayfair Stock Down 3.9%

The stock has a market cap of $12.13 billion, a PE ratio of -39.33, a PEG ratio of 4.97 and a beta of 3.02. The stock’s fifty day moving average price is $73.82 and its 200 day moving average price is $84.43.

Wayfair (NYSE:W) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.26 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.26. The business had revenue of $2.93 billion for the quarter, compared to analysts’ expectations of $2.89 billion. Wayfair had a negative return on equity of 2.20% and a negative net margin of 2.41%.The firm’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.10 EPS. On average, equities research analysts expect that Wayfair Inc. will post 0.63 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Jon Blotner sold 4,790 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $72.19, for a total transaction of $345,790.10. Following the sale, the insider owned 111,158 shares of the company’s stock, valued at $8,024,496.02. This trade represents a 4.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Steven Conine sold 7,139 shares of Wayfair stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $78.55, for a total transaction of $560,768.45. Following the completion of the sale, the director owned 429,073 shares of the company’s stock, valued at $33,703,684.15. This represents a 1.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 244,790 shares of company stock worth $18,959,021. 18.44% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Wayfair

A number of hedge funds have recently added to or reduced their stakes in the stock. Capital World Investors lifted its holdings in shares of Wayfair by 0.6% during the 4th quarter. Capital World Investors now owns 13,457,158 shares of the company’s stock valued at $1,351,237,000 after buying an additional 82,584 shares during the period. Vanguard Group Inc. increased its position in Wayfair by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 9,634,757 shares of the company’s stock valued at $967,426,000 after acquiring an additional 72,707 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in Wayfair by 3.5% in the fourth quarter. Renaissance Technologies LLC now owns 5,407,325 shares of the company’s stock valued at $542,950,000 after acquiring an additional 180,558 shares during the period. Janus Henderson Group PLC lifted its holdings in Wayfair by 8.3% in the first quarter. Janus Henderson Group PLC now owns 3,866,708 shares of the company’s stock valued at $290,813,000 after acquiring an additional 296,233 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its position in Wayfair by 0.3% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,825,654 shares of the company’s stock worth $283,724,000 after purchasing an additional 8,598 shares during the last quarter. 89.67% of the stock is currently owned by hedge funds and other institutional investors.

About Wayfair

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.