Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Wayfair Inc. (NYSE:W). In a filing disclosed on June 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Wayfair stock on May 7th. 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 SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
- Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
- Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.
Wayfair Stock Down 3.7%
Shares of NYSE W opened at $68.73 on Thursday. Wayfair Inc. has a fifty-two week low of $45.46 and a fifty-two week high of $119.98. The business has a 50 day moving average price of $70.46 and a two-hundred day moving average price of $85.94. The firm has a market cap of $9.07 billion, a PE ratio of -29.37, a price-to-earnings-growth ratio of 3.75 and a beta of 3.02.
Analysts Set New Price Targets
W has been the subject of a number of recent analyst reports. Morgan Stanley set a $110.00 price objective on Wayfair in a research note on Friday, May 1st. Mizuho lowered their price objective on Wayfair from $110.00 to $90.00 and set an “outperform” rating for the company in a research note on Friday, May 8th. Jefferies Financial Group lowered their price objective on Wayfair from $86.00 to $70.00 and set a “hold” rating for the company in a research note on Thursday, April 30th. Robert W. Baird set a $76.00 price objective on Wayfair in a research note on Monday, May 4th. Finally, Wedbush lowered their price objective on Wayfair from $100.00 to $85.00 and set a “neutral” rating for the company in a research note on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $99.68.
Read Our Latest Analysis on Wayfair
Insider Activity at Wayfair
In other Wayfair news, Director Steven Conine sold 7,139 shares of the company’s stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $78.55, for a total value of $560,768.45. Following the completion of the transaction, the director owned 429,073 shares of the company’s stock, valued at $33,703,684.15. This represents a 1.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jon Blotner sold 4,790 shares of the stock in a transaction that occurred 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 463,785 shares of company stock worth $35,864,224 in the last 90 days. 18.44% of the stock is owned by company insiders.
Institutional Trading of Wayfair
Several large investors have recently added to or reduced their stakes in W. Webster Bank N. A. acquired a new position in shares of Wayfair during the 4th quarter valued at $30,000. V Square Quantitative Management LLC purchased a new position in shares of Wayfair during the fourth quarter valued at $33,000. Piper Sandler & CO. purchased a new position in Wayfair in the fourth quarter valued at about $34,000. Havemeyer Place LP purchased a new position in Wayfair in the fourth quarter valued at about $39,000. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Wayfair by 393.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 819 shares of the company’s stock worth $42,000 after acquiring an additional 653 shares in the last quarter. 89.67% of the stock is currently owned by institutional investors and hedge funds.
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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