M&T Bank Corp Buys 164,086 Shares of Wayfair Inc. $W

Key Points

• M&T Bank Corp increased its Wayfair stake by 3,713.2%, buying 164,086 shares to hold 168,505 shares worth about $16.92M (≈0.13% of the company) at quarter end.
• Wayfair beat last quarter's estimates with EPS $0.85 (vs. $0.64) and $3.34B revenue (up 6.9% YoY), but the company still reports a negative net margin and negative ROE.
• Analysts carry a consensus rating of Moderate Buy with an average price target of $104.62, yet the picture is mixed—insiders sold 463,785 shares (~$35.4M) last quarter and some firms have cut near‑term EPS estimates.

M&T Bank Corp grew its stake in Wayfair Inc. (NYSE:W - Free Report) by 3,713.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 168,505 shares of the company's stock after purchasing an additional 164,086 shares during the period. M&T Bank Corp owned approximately 0.13% of Wayfair worth $16,920,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Optas LLC lifted its holdings in shares of Wayfair by 2.1% in the 4th quarter. Optas LLC now owns 5,057 shares of the company's stock worth $508,000 after acquiring an additional 106 shares during the last quarter. Larson Financial Group LLC lifted its holdings in shares of Wayfair by 30.0% in the 3rd quarter. Larson Financial Group LLC now owns 520 shares of the company's stock worth $46,000 after acquiring an additional 120 shares during the last quarter. Wedmont Private Capital lifted its holdings in shares of Wayfair by 3.3% in the 4th quarter. Wedmont Private Capital now owns 3,774 shares of the company's stock worth $415,000 after acquiring an additional 121 shares during the last quarter. True Wealth Design LLC lifted its holdings in shares of Wayfair by 37.7% in the 4th quarter. True Wealth Design LLC now owns 449 shares of the company's stock worth $45,000 after acquiring an additional 123 shares during the last quarter. Finally, State of Alaska Department of Revenue lifted its stake in shares of Wayfair by 2.3% during the 4th quarter. State of Alaska Department of Revenue now owns 5,418 shares of the company's stock worth $544,000 after acquiring an additional 124 shares during the last quarter. Institutional investors own 89.67% of the company's stock.

Analysts Set New Price Targets

W has been the subject of a number of research analyst reports. Jefferies Financial Group reissued a "hold" rating on shares of Wayfair in a research note on Tuesday, March 10th. Wall Street Zen lowered shares of Wayfair from a "buy" rating to a "hold" rating in a report on Saturday, February 21st. Mizuho decreased their price objective on shares of Wayfair from $130.00 to $110.00 and set an "outperform" rating for the company in a report on Tuesday, February 24th. Needham & Company LLC reiterated a "buy" rating and set a $125.00 price objective on shares of Wayfair in a report on Friday, February 20th. Finally, Morgan Stanley lifted their price objective on shares of Wayfair from $130.00 to $140.00 and gave the company an "overweight" rating in a report on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $104.62.

Wayfair Stock Performance

NYSE:W opened at $76.87 on Friday. Wayfair Inc. has a one year low of $28.21 and a one year high of $119.98. The firm has a market cap of $10.05 billion, a P/E ratio of -31.63, a P/E/G ratio of 6.76 and a beta of 3.30. The firm has a 50-day simple moving average of $76.54 and a 200-day simple moving average of $91.69.

Wayfair (NYSE:W - Get Free Report) last posted its quarterly earnings results on Thursday, February 19th. The company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.64 by $0.21. Wayfair had a negative net margin of 2.51% and a negative return on equity of 1.52%. The business had revenue of $3.34 billion during the quarter, compared to analyst estimates of $3.30 billion. During the same quarter in the previous year, the business posted ($0.25) EPS. The company's quarterly revenue was up 6.9% compared to the same quarter last year. On average, research analysts predict that Wayfair Inc. will post 0.4 EPS for the current fiscal year.

Insider Activity

In other news, insider Jon Blotner sold 4,790 shares of the business's stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $72.19, for a total value of $345,790.10. Following the completion of the transaction, the insider directly owned 111,158 shares of the company's stock, valued at approximately $8,024,496.02. The trade was a 4.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Niraj Shah sold 1,571 shares of the business's stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $77.18, for a total value of $121,249.78. Following the completion of the transaction, the chief executive officer directly owned 59,748 shares of the company's stock, valued at approximately $4,611,350.64. The trade was a 2.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 corporate insiders.

Trending Headlines about Wayfair

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Zacks says Wayfair has the setup for an earnings beat next week, citing the right combination of revenue and cost factors for potential upside to consensus estimates. Wayfair (W) Reports Next Week
• Neutral Sentiment: Financial press commentary and Zacks research previews are highlighting expectations for Q2 and discussing modeling considerations; these items primarily set the near‑term narrative ahead of the print rather than delivering new fundamental news. Zacks Research Comments on Wayfair's Q2 Earnings
• Neutral Sentiment: Wide media coverage of Wayfair’s Way Day promotions and numerous product deals (outdoor furniture, mattresses, appliances) signals strong marketing push to drive traffic and sales this season; this can boost top‑line activity but raises questions about discounting and margin mix. Links: Ice maker deal Outdoor furniture deals Cooling mattress deal MSN Way Day deals
• Negative Sentiment: Zacks Research trimmed Q1 and FY2026 EPS estimates for Wayfair (Q1 revised down to ($0.41), FY2026 to $0.08), signaling downside to near‑term profitability expectations and giving investors a concrete reason for caution ahead of the report. Zacks cuts estimates / MarketBeat summary

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.

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