Concurrent Investment Advisors LLC Buys 15,205 Shares of Wayfair Inc. $W

Key Points

• Concurrent Investment Advisors LLC increased its stake in Wayfair by 40.8% in the fourth quarter, buying 15,205 shares to hold 52,501 shares valued at about $5.27 million.
• Wayfair beat Q4 estimates with EPS $0.85 vs. $0.64 and revenue of $3.34 billion, though it still reported negative net margin and ROE; analysts’ consensus is a Moderate Buy with a $104.62 price target.
• Institutional investors own 89.67% of Wayfair, while insiders have recently sold shares (463,785 shares worth $35.4M last quarter) and currently hold 18.44% of the stock.

Concurrent Investment Advisors LLC increased its stake in shares of Wayfair Inc. (NYSE:W - Free Report) by 40.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 52,501 shares of the company's stock after acquiring an additional 15,205 shares during the quarter. Concurrent Investment Advisors LLC's holdings in Wayfair were worth $5,272,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Range Financial Group LLC bought a new position in shares of Wayfair during the third quarter worth $1,330,000. Great Lakes Advisors LLC bought a new position in Wayfair during the third quarter valued at $3,946,000. Capital World Investors lifted its position in Wayfair by 4.1% during the third quarter. Capital World Investors now owns 13,374,574 shares of the company's stock valued at $1,194,750,000 after purchasing an additional 521,240 shares during the last quarter. Baader Bank Aktiengesellschaft bought a new position in Wayfair during the third quarter valued at $1,107,000. Finally, WINTON GROUP Ltd bought a new position in Wayfair during the third quarter valued at $2,635,000. Institutional investors own 89.67% of the company's stock.

More Wayfair News

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Major consumer outlets highlight specific, viral bargains (e.g., a popular reading pillow under $50), signaling product-level traction that can convert browsers into buyers. This viral reading pillow is under $50 at Wayfair's Way Day sale
• Positive Sentiment: Local and national outlets (NJ.com, MassLive, People) are carrying broad deal roundups highlighting up to ~80% off—amplifying reach during the promo window. Wayfair’s Way Day sale is back! Save up to 80% off outdoor essentials, sofa beds, kitchen finds & more
• Positive Sentiment: Deal roundups spotlight high-ticket items (patio sets, grills) deeply discounted — these can lift average order value and seasonal outdoor category sales. Wayfair kicks off Way Day with up to 80% off thousands of items — here are the best deals
• Positive Sentiment: Coverage in People and Consumer Reports gives credibility to curated categories (bedding, rugs), helping conversion among mainstream shoppers. We Spotted Epic Spring Bedding Deals from $24 at Wayfair Way Day— Shop Comforter Sets, Quilts, and Soft Sheets
• Positive Sentiment: Consumer Reports and NYMag strategist coverage may attract value-conscious and design-focused shoppers, broadening customer demographics. Best Deals During Wayfair's Way Day Sale
• Positive Sentiment: Multiple write-ups on major brands (Weber, Henckels, Blackstone) being discounted suggest strong vendor participation that can boost assortment appeal. Wayfair is slashing prices on Weber grills during Way Day — get one for $90
• Positive Sentiment: Coverage of high-profile collaborations (e.g., Joanna Gaines rugs) can drive branded demand and margin-accretive traffic if those upsells succeed. Joanna Gaines’ ‘Very Soft’ Rugs Are on Sale at Wayfair from $39 — Including ‘Stunning’ Machine-Washable Picks

Wall Street Analyst Weigh In

W has been the subject of several research reports. Piper Sandler reiterated an "overweight" rating and set a $125.00 price objective on shares of Wayfair in a research report on Friday, February 20th. Jefferies Financial Group reiterated a "hold" rating on shares of Wayfair in a research report on Tuesday, March 10th. Robert W. Baird lowered their price objective on shares of Wayfair from $98.00 to $85.00 and set a "neutral" rating for the company in a research report on Friday, February 20th. Wall Street Zen lowered shares of Wayfair from a "buy" rating to a "hold" rating in a research report on Saturday, February 21st. Finally, Wedbush lowered their price objective on shares of Wayfair from $100.00 to $85.00 and set a "neutral" rating for the company in a research report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Wayfair currently has an average rating of "Moderate Buy" and a consensus price target of $104.62.

Wayfair Trading Down 0.0%

Wayfair stock opened at $78.76 on Monday. The firm has a 50-day moving average price of $76.46 and a 200-day moving average price of $91.78. The firm has a market capitalization of $10.30 billion, a PE ratio of -32.41, a price-to-earnings-growth ratio of 6.61 and a beta of 3.30. Wayfair Inc. has a 12-month low of $28.21 and a 12-month high of $119.98.

Wayfair (NYSE:W - Get Free Report) last released its earnings results on Thursday, February 19th. The company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.21. The firm had revenue of $3.34 billion during the quarter, compared to analyst estimates of $3.30 billion. Wayfair had a negative net margin of 2.51% and a negative return on equity of 1.52%. The business's revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the business earned ($0.25) EPS. As a group, sell-side analysts predict that Wayfair Inc. will post 0.4 earnings per share for the current fiscal year.

Insider Transactions at Wayfair

In other news, Director Steven Conine sold 1,687 shares of the firm's stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $77.14, for a total value of $130,135.18. Following the completion of the sale, the director owned 59,467 shares in the company, valued at approximately $4,587,284.38. This trade represents a 2.76% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Niraj Shah sold 1,571 shares of the firm's stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $77.18, for a total transaction of $121,249.78. Following the completion of the sale, the chief executive officer owned 59,748 shares of the company's stock, valued at $4,611,350.64. This trade represents a 2.56% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 463,785 shares of company stock worth $35,390,942. 18.44% of the stock is currently owned by insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.