Neo Ivy Capital Management Decreases Holdings in Wayfair Inc. $W

Neo Ivy Capital Management trimmed its holdings in Wayfair Inc. (NYSE:W) by 87.5% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 6,282 shares of the company’s stock after selling 43,953 shares during the quarter. Neo Ivy Capital Management’s holdings in Wayfair were worth $561,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Versant Capital Management Inc raised its holdings in shares of Wayfair by 8.4% during the third quarter. Versant Capital Management Inc now owns 1,948 shares of the company’s stock valued at $174,000 after acquiring an additional 151 shares in the last quarter. Daiwa Securities Group Inc. boosted its holdings in Wayfair by 3.0% in the second quarter. Daiwa Securities Group Inc. now owns 6,882 shares of the company’s stock valued at $352,000 after acquiring an additional 200 shares in the last quarter. Global Retirement Partners LLC boosted its holdings in Wayfair by 156.3% in the third quarter. Global Retirement Partners LLC now owns 328 shares of the company’s stock valued at $29,000 after acquiring an additional 200 shares in the last quarter. True Wealth Design LLC increased its position in Wayfair by 250.5% during the 3rd quarter. True Wealth Design LLC now owns 326 shares of the company’s stock valued at $29,000 after purchasing an additional 233 shares during the period. Finally, Clearstead Advisors LLC increased its position in Wayfair by 24.5% during the 3rd quarter. Clearstead Advisors LLC now owns 1,281 shares of the company’s stock valued at $114,000 after purchasing an additional 252 shares during the period. Institutional investors own 89.67% of the company’s stock.

Insiders Place Their Bets

In other Wayfair news, CFO Kate Gulliver sold 36,497 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $106.50, for a total transaction of $3,886,930.50. Following the completion of the transaction, the chief financial officer owned 149,238 shares of the company’s stock, valued at approximately $15,893,847. This trade represents a 19.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Niraj Shah sold 27,000 shares of Wayfair stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $78.88, for a total transaction of $2,129,760.00. Following the transaction, the chief executive officer owned 169,137 shares of the company’s stock, valued at $13,341,526.56. The trade was a 13.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 890,494 shares of company stock valued at $86,493,261. Insiders own 21.91% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Royal Bank Of Canada raised their target price on shares of Wayfair from $86.00 to $92.00 and gave the stock a “sector perform” rating in a research report on Friday, February 20th. Citigroup reduced their price target on shares of Wayfair from $135.00 to $110.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Morgan Stanley increased their price target on shares of Wayfair from $130.00 to $140.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Weiss Ratings restated a “sell (d-)” rating on shares of Wayfair in a report on Wednesday, January 21st. Finally, Robert W. Baird reduced their target price on Wayfair from $98.00 to $85.00 and set a “neutral” rating on the stock in a report on Friday, February 20th. One investment 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 given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $104.62.

Key Headlines Impacting Wayfair

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Citi lowered its price target from $135 to $110 but kept a Buy rating, saying Wayfair is positioned to expand margins — the note keeps a meaningful upside case that can support the stock. Wayfair (W) Positioned to Expand Margins
• Neutral Sentiment: Heavy promotional activity and broad consumer-media coverage (72-hour clearout, seasonal/pastel shop, best-seller deals) should drive traffic and sales volume but also imply discounting that can pressure near-term margins. Representative coverage: Wayfair’s 72-Hour Clearout Sale is here and the storage bed deals are incredible
• Neutral Sentiment: Multiple lifestyle pieces (best-sellers, spring decor, product features) amplify brand visibility and seasonal demand, which can help top-line growth even if margins fluctuate. Example coverage: Wayfair’s best-sellers list includes a cloud-like sofa bed for $590+ off—plus 9 other must-see deals from $16
• Negative Sentiment: Co‑founder Steven Conine sold about $2.1M of stock in late Feb — insider selling can be read negatively by investors as a signal of reduced insider conviction or simple diversification, adding downward pressure. Wayfair’s Co-Founder Sells Company Shares Worth USD2.1 Million
• Negative Sentiment: Technicals argue caution: the stock is trading below both its 50‑day ($96.73) and 200‑day ($93.72) moving averages, which tends to weigh on momentum and can amplify selling in volatile names. Wayfair Trading Data

Wayfair Price Performance

Shares of Wayfair stock opened at $76.15 on Monday. Wayfair Inc. has a 1 year low of $20.41 and a 1 year high of $119.98. The firm has a market cap of $9.96 billion, a price-to-earnings ratio of -31.34, a PEG ratio of 5.64 and a beta of 3.40. The company has a 50-day moving average of $96.73 and a 200 day moving average of $93.72.

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.