Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Wayfair Inc. (NYSE:W). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Wayfair stock on May 1st. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
- Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
- Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 4/29/2026.
Wayfair Stock Performance
Shares of W stock traded down $1.07 on Tuesday, hitting $60.31. 1,832,723 shares of the stock traded hands, compared to its average volume of 3,741,750. The stock has a market capitalization of $7.96 billion, a PE ratio of -25.76, a PEG ratio of 3.78 and a beta of 3.02. Wayfair Inc. has a twelve month low of $34.46 and a twelve month high of $119.98. The firm’s 50-day moving average price is $74.22 and its two-hundred day moving average price is $91.00.
Institutional Investors Weigh In On Wayfair
A number of hedge funds have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP boosted its holdings in Wayfair by 46.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,036,531 shares of the company’s stock worth $77,923,000 after buying an additional 328,358 shares during the period. Parallel Advisors LLC boosted its stake in Wayfair by 18.6% in the first quarter. Parallel Advisors LLC now owns 1,661 shares of the company’s stock valued at $125,000 after acquiring an additional 261 shares in the last quarter. Swiss National Bank lifted its stake in shares of Wayfair by 3.7% during the first quarter. Swiss National Bank now owns 203,800 shares of the company’s stock worth $15,328,000 after buying an additional 7,200 shares during the period. California Public Employees Retirement System lifted its position in Wayfair by 23.7% during the first quarter. California Public Employees Retirement System now owns 220,448 shares of the company’s stock valued at $16,580,000 after purchasing an additional 42,286 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in Wayfair by 1.8% in the first quarter. Bank of New York Mellon Corp now owns 310,825 shares of the company’s stock valued at $23,377,000 after buying an additional 5,586 shares in the last quarter. 89.67% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of research analysts have recently commented on the company. Morgan Stanley set a $110.00 price target on Wayfair in a report on Friday, May 1st. JPMorgan Chase & Co. decreased their price objective on Wayfair from $114.00 to $105.00 and set an “overweight” rating for the company in a report on Friday, February 20th. UBS Group lowered their price objective on Wayfair from $130.00 to $115.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Wells Fargo & Company cut their target price on Wayfair from $125.00 to $100.00 and set an “overweight” rating on the stock in a report on Friday, May 1st. Finally, Mizuho reduced their target price on Wayfair from $110.00 to $90.00 and set an “outperform” rating for the company in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Wayfair has a consensus rating of “Moderate Buy” and an average target price of $96.33.
Check Out Our Latest Stock Analysis on Wayfair
Insider Transactions at Wayfair
In other Wayfair news, CEO Niraj Shah sold 113,863 shares of the business’s stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $77.49, for a total value of $8,823,243.87. Following the transaction, the chief executive officer directly owned 435,274 shares in the company, valued at $33,729,382.26. The trade was a 20.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Steven Conine sold 112,861 shares of the company’s stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $77.50, for a total transaction of $8,746,727.50. Following the completion of the transaction, the director owned 436,212 shares in the company, valued at approximately $33,806,430. This represents a 20.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 703,785 shares of company stock worth $54,004,173 over the last 90 days. 18.44% of the stock is currently owned by company insiders.
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
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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