Nisa Investment Advisors LLC Has $759,000 Stock Position in Wayfair Inc. $W

Nisa Investment Advisors LLC lifted its position in shares of Wayfair Inc. (NYSE:W) by 240.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,500 shares of the company’s stock after acquiring an additional 6,000 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Wayfair were worth $759,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. AQR Capital Management LLC increased its position in Wayfair by 197.3% in the second quarter. AQR Capital Management LLC now owns 1,557,937 shares of the company’s stock worth $79,673,000 after purchasing an additional 1,033,865 shares during the period. Holocene Advisors LP boosted its stake in shares of Wayfair by 351.9% in the 2nd quarter. Holocene Advisors LP now owns 1,294,057 shares of the company’s stock valued at $66,178,000 after purchasing an additional 1,007,676 shares during the last quarter. Spruce House Investment Management LLC grew its position in shares of Wayfair by 37.6% during the 2nd quarter. Spruce House Investment Management LLC now owns 3,000,000 shares of the company’s stock worth $153,420,000 after buying an additional 819,615 shares during the period. Scopus Asset Management L.P. acquired a new stake in shares of Wayfair during the 2nd quarter worth approximately $40,536,000. Finally, Hook Mill Capital Partners LP bought a new stake in shares of Wayfair during the second quarter worth approximately $39,965,000. Institutional investors own 89.67% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on W. BMO Capital Markets set a $110.00 target price on shares of Wayfair and gave the stock a “market perform” rating in a report on Wednesday, October 29th. Jefferies Financial Group lowered Wayfair from a “buy” rating to a “hold” rating and set a $94.00 price target on the stock. in a research report on Wednesday, December 3rd. UBS Group lifted their price objective on Wayfair from $102.00 to $135.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. The Goldman Sachs Group reissued a “neutral” rating and issued a $104.00 target price on shares of Wayfair in a research note on Wednesday. Finally, Citigroup raised their target price on Wayfair from $105.00 to $135.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $107.21.

Key Wayfair News

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Shares reached a 52‑week high, signaling strong investor momentum and renewed bullish sentiment on Wayfair’s growth story and margin progression; this headline typically attracts momentum buyers. Read More.
• Positive Sentiment: Multiple consumer media pieces are promoting Wayfair sales — curated deals on rugs, bedding, full living‑room sets and holiday décor — which can drive short‑term traffic and conversion for an e‑commerce retailer that benefits from promotional demand spikes. Read More. Read More.
• Neutral Sentiment: Additional lifestyle/product roundups (Valentine’s décor, cookware, sleep‑tech items sold via marketplaces) keep Wayfair top‑of‑mind with consumers but are routine editorial coverage; view as steady awareness rather than a binary catalyst. Read More.
• Negative Sentiment: Insider selling: Wayfair CTO Fiona Tan sold 9,000 shares (~$1.07M) on Jan. 13. While insider sales are not uncommon and she still holds a large position, such trades can be viewed negatively by short‑term traders. Read More.
• Negative Sentiment: Wider market rotation into defensive assets (gold, defense, waste) noted by MarketBeat could be a headwind for high‑beta, discretionary e‑commerce names like Wayfair if investors favor recession‑proof sectors over growth. Monitor flows and consumer‑spend indicators. Read More.

Wayfair Trading Up 2.9%

W stock opened at $117.98 on Friday. 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 $15.38 billion, a PE ratio of -46.09 and a beta of 3.31. The business’s 50-day moving average price is $104.24 and its two-hundred day moving average price is $86.57.

Wayfair (NYSE:W) last announced its quarterly earnings results on Tuesday, October 28th. The company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.26. The business had revenue of $3.12 billion during the quarter, compared to the consensus estimate of $3.01 billion. During the same quarter last year, the company earned $0.22 earnings per share. The firm’s revenue was up 8.1% compared to the same quarter last year. On average, analysts forecast that Wayfair Inc. will post -2.54 earnings per share for the current year.

Insider Activity

In related news, insider Jon Blotner sold 4,997 shares of the firm’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $105.84, for a total transaction of $528,882.48. Following the sale, the insider directly owned 106,107 shares in the company, valued at $11,230,364.88. This trade represents a 4.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Steven Conine sold 30,000 shares of the business’s stock in a transaction on Friday, December 26th. The shares were sold at an average price of $102.33, for a total transaction of $3,069,900.00. Following the completion of the sale, the insider directly owned 439,073 shares in the company, valued at $44,930,340.09. This represents a 6.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 1,136,453 shares of company stock worth $109,198,287. Corporate insiders own 21.91% of the company’s stock.

Wayfair 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.