Strs Ohio Buys 42,175 Shares of Wayfair Inc. $W

Key Points

• Strs Ohio boosted its stake in Wayfair by 43.4%, acquiring 42,175 shares to hold 139,446 shares worth about $14.0 million (≈0.11% of the company) after the quarter.
• Wayfair reported Q1 revenue up 7.4% to $2.93 billion and EPS of $0.26 (in line with estimates), but profitability remains negative, and several analysts have trimmed price targets amid mixed near‑term outlooks.
• Insider selling was heavy last quarter — insiders sold a total of 703,785 shares worth about $54.0 million (including CEO Niraj Shah), a development that could increase investor caution.

Strs Ohio boosted its stake in shares of Wayfair Inc. (NYSE:W - Free Report) by 43.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 139,446 shares of the company's stock after acquiring an additional 42,175 shares during the quarter. Strs Ohio owned about 0.11% of Wayfair worth $14,002,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Optas LLC increased its stake in Wayfair by 2.1% during the fourth 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 increased its stake in Wayfair by 30.0% during the third 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 increased its stake in Wayfair by 3.3% during the fourth 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 increased its stake in Wayfair by 37.7% during the fourth 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 increased its stake in Wayfair by 2.3% during the fourth 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. 89.67% of the stock is owned by institutional investors.

Wayfair Stock Performance

Shares of NYSE W opened at $65.67 on Monday. The firm has a market capitalization of $8.59 billion, a price-to-earnings ratio of -28.06, a PEG ratio of 5.49 and a beta of 3.02. The stock has a 50 day moving average price of $75.42 and a 200 day moving average price of $91.62. Wayfair Inc. has a 52-week low of $29.68 and a 52-week high of $119.98.

Wayfair (NYSE:W - Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.26 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.26. The firm had revenue of $2.93 billion during the quarter, compared to analyst estimates of $2.89 billion. Wayfair had a negative return on equity of 2.20% and a negative net margin of 2.41%.Wayfair's quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.10 earnings per share. Analysts forecast that Wayfair Inc. will post 0.4 earnings per share for the current year.

Wall Street Analyst Weigh In

W has been the topic of several analyst reports. Wells Fargo & Company reduced their price objective on Wayfair from $125.00 to $100.00 and set an "overweight" rating on the stock in a research note on Friday. Evercore set a $100.00 target price on Wayfair in a research note on Friday, February 20th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Wayfair in a research note on Monday, April 20th. Mizuho cut their target price on Wayfair from $130.00 to $110.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 24th. Finally, Citigroup cut their target price on Wayfair from $135.00 to $110.00 and set a "buy" rating on the stock in a research note on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $97.30.

Wayfair News Roundup

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Q1 results showed revenue growth, active‑customer gains and margin progress — Wayfair reported net revenue up ~7.4% to $2.9B, a return to active customer growth and commentary about strong share capture, which underpins the bullish view on recovery and profitability. Press Release
• Positive Sentiment: Perigold (Wayfair’s luxury site) announced a high‑profile design partnership with NBC’s George to the Rescue and designer Corey Damen Jenkins — a brand/PR win that supports Perigold’s positioning and premium merchandising. Perigold Partnership
• Positive Sentiment: Company highlighted productive marketing moves — use of AI and influencer programs helped Wayfair outperform the weak furniture category in Q1 and contributed to faster adjusted‑EBITDA growth, a key positive for margin recovery expectations. PYMNTS Article
• Neutral Sentiment: Bares Capital trimmed its position in Wayfair — a modest portfolio adjustment from a long‑term holder; not necessarily a directional signal but worth watching for follow‑on moves. Bares Capital
• Neutral Sentiment: Ongoing consumer promotions and editorial placements (sales, product features) keep demand and traffic visible, supporting short‑term conversion but less predictive of sustainable earnings upside. Examples include features on Yahoo/People. Market Coverage
• Negative Sentiment: Multiple analysts cut price targets this morning (Guggenheim and Wells Fargo to $100; Needham to $83; Jefferies to $70). Although several kept buy/overweight ratings, the lower targets signal tepid near‑term upside expectations and likely contribute to selling pressure. Analyst Notes TickerReport
• Negative Sentiment: Market commentary flagged a “narrow” revenue beat but missed profitability expectations and described the furniture market as “choppy,” which has driven post‑earnings volatility and short‑term negative price action. Seeking Alpha
• Negative Sentiment: Insider selling: a company director sold roughly $8.7M of stock, which can increase investor caution even if it’s routine diversification. Insider Sale

Insider Activity at Wayfair

In related news, CEO Niraj Shah sold 6,137 shares of the business's stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $78.62, for a total value of $482,490.94. Following the completion of the sale, the chief executive officer owned 429,137 shares in the company, valued at approximately $33,738,750.94. The trade was a 1.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jon Blotner sold 4,790 shares of the business's stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $72.19, for a total value of $345,790.10. Following the completion of the sale, the insider owned 111,158 shares of the company's stock, valued at $8,024,496.02. The trade was a 4.13% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 703,785 shares of company stock worth $54,004,173. Company insiders own 18.44% of the company's stock.

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.

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