Fox Run Management L.L.C. Takes Position in Wayfair Inc. $W

Fox Run Management L.L.C. bought a new position in Wayfair Inc. (NYSE:W) during the third quarter, according to the company in its most recent filing with the SEC. The firm bought 11,056 shares of the company’s stock, valued at approximately $988,000.

Other hedge funds have also added to or reduced their stakes in the company. Cornerstone Planning Group LLC grew its stake in shares of Wayfair by 28,200.0% during the third quarter. Cornerstone Planning Group LLC now owns 283 shares of the company’s stock valued at $25,000 after buying an additional 282 shares during the last quarter. True Wealth Design LLC grew its position in Wayfair by 250.5% during the 3rd quarter. True Wealth Design LLC now owns 326 shares of the company’s stock worth $29,000 after acquiring an additional 233 shares during the last quarter. Global Retirement Partners LLC grew its position in Wayfair by 156.3% during the 3rd 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 stake in Wayfair by 393.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 819 shares of the company’s stock worth $42,000 after purchasing an additional 653 shares during the period. Finally, Cullen Frost Bankers Inc. bought a new stake in Wayfair in the third quarter valued at approximately $71,000. 89.67% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, CFO Kate Gulliver sold 36,497 shares of Wayfair stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $106.50, for a total transaction of $3,886,930.50. Following the sale, the chief financial officer directly owned 149,238 shares in the company, valued at $15,893,847. The trade was a 19.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Jon Blotner sold 4,997 shares of the company’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $105.84, for a total value of $528,882.48. Following the completion of the sale, the insider directly owned 106,107 shares in the company, valued at approximately $11,230,364.88. The trade was a 4.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 836,544 shares of company stock valued at $82,238,224 over the last ninety days. 21.91% of the stock is owned by corporate insiders.

Wayfair Trading Up 4.3%

NYSE:W opened at $79.03 on Friday. The company has a 50-day moving average price of $99.72 and a 200-day moving average price of $93.55. The stock has a market cap of $10.30 billion, a price-to-earnings ratio of -32.52, a P/E/G ratio of 5.61 and a beta of 3.36. Wayfair Inc. has a 12 month low of $20.41 and a 12 month high of $119.98.

Wayfair News Roundup

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Wayfair reported a fourth quarter that beat revenue and profit expectations and management said the company “returned to growth” with acceleration driven by store expansion and the Wayfair Rewards loyalty program — a fundamental beat that supports upside if growth sustains. 5 Must-Read Analyst Questions From Wayfair’s Q4 Earnings Call
• Positive Sentiment: Citigroup lowered its price target on W to $110 from $135 but kept a “buy” rating — the cut reduces near-term upside implied by that firm but still signals analyst confidence that shares can rally from current levels. Benzinga
• Neutral Sentiment: Heavy promotional activity — Wayfair’s spring and closeout sales (discounted rugs, furniture, and popular SKUs) could help near-term traffic and conversion but are likely margin-neutral to slightly dilutive when relying on discounts. Examples: Apartment Therapy, People, and MSN coverage. Apartment Therapy Wayfair Spring Sale People Rugs
• Negative Sentiment: New 15% tariffs on imported goods raise the prospect of higher costs for Wayfair’s internationally sourced home products, pressuring gross margins unless fully passed to customers — a meaningful operational headwind. Wayfair Tariffs Test Margins
• Negative Sentiment: Insider selling: CEO Niraj Shah and co‑founder Steven Conine each disclosed large share sales (≈93k shares each), representing meaningful reductions in their ownership — investors often view repeated large insider sales as a negative signal for near-term confidence. Insider Trades
• Negative Sentiment: An analyst downgrade drove a notable intraday decline recently (coverage flagged shares down ~8.1% after the downgrade), illustrating sensitivity to analyst views and the potential for volatility around ratings changes. Analyst Downgrade / Shares Down
• Negative Sentiment: Comparison pieces argue MercadoLibre (MELI) offers stronger long-term upside given fintech expansion and Latin America dominance, framing Wayfair as having less relative upside and increasing sector-competitive pressure on investor allocation. MercadoLibre vs. Wayfair (Yahoo) Zacks Comparison

Analysts Set New Price Targets

Several brokerages have recently issued reports on W. JPMorgan Chase & Co. cut their target price on shares of Wayfair from $114.00 to $105.00 and set an “overweight” rating on the stock in a report on Friday, February 20th. Evercore set a $100.00 price target on shares of Wayfair in a research report on Friday, February 20th. Piper Sandler restated an “overweight” rating and issued a $125.00 price objective on shares of Wayfair in a research report on Friday, February 20th. Guggenheim upped their price objective on shares of Wayfair from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Wayfair in a research note on Wednesday, January 21st. 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 issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $104.62.

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.