Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Wayfair Inc. (NYSE:W)

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 11th. 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 Performance

NYSE:W opened at $68.73 on Thursday. Wayfair Inc. has a one year low of $45.46 and a one year high of $119.98. The stock has a market cap of $9.07 billion, a PE ratio of -29.37, a P/E/G ratio of 3.75 and a beta of 3.02. The stock has a 50 day moving average price of $70.46 and a 200 day moving average price of $85.94.

Wayfair (NYSE:W) last posted its earnings results on Thursday, April 30th. The company reported $0.26 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.26. The company had revenue of $2.93 billion during the quarter, compared to analysts’ expectations of $2.89 billion. Wayfair had a negative return on equity of 2.20% and a negative net margin of 2.41%.The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.10 earnings per share. As a group, analysts predict that Wayfair Inc. will post 0.63 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. JPMorgan Chase & Co. cut their target price on Wayfair from $114.00 to $105.00 and set an “overweight” rating for the company in a research note on Friday, February 20th. Wedbush cut their target price on Wayfair from $100.00 to $85.00 and set a “neutral” rating for the company in a research note on Friday, February 20th. UBS Group cut their target price on Wayfair from $130.00 to $115.00 and set a “buy” rating for the company in a research note on Friday, May 1st. Truist Financial set a $99.00 target price on Wayfair in a research note on Monday. Finally, Robert W. Baird set a $76.00 target price on Wayfair in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $99.68.

Key Headlines Impacting Wayfair

Here are the key news stories impacting Wayfair this week:

• Positive Sentiment: Multiple articles highlight steep Wayfair discounts and value-oriented product picks, including closeout furniture savings of up to 75% and under-$100 summer outdoor items, which may support demand and conversion rates. Never Shopped Wayfair’s Closeout Section? It’s Brimming with Steep Last-Chance Furniture Discounts — Save Up to 75%
• Positive Sentiment: Several lifestyle/shopping pieces showcase affordable Wayfair products for patios, pet owners, and small spaces, helping keep the brand visible to consumers and potentially driving site visits. 30 things from Wayfair that’ll upgrade your backyard without breaking the bank
• Neutral Sentiment: The rest of the coverage is largely product-roundup content rather than new financial or operational news, so it is less likely to materially change the stock’s outlook on its own.
• Neutral Sentiment: Wayfair CFO Kate Gulliver’s comments about the company emerging stronger after the “pandemic hangover” reinforce management confidence, but the interview does not include fresh financial guidance or a major catalyst. Wayfair CFO says pandemic hangover is building a stronger company

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Covenant Asset Management LLC purchased a new position in shares of Wayfair during the fourth quarter worth $4,403,000. Capital World Investors boosted its position in shares of Wayfair by 4.1% during the third quarter. Capital World Investors now owns 13,374,574 shares of the company’s stock worth $1,194,750,000 after buying an additional 521,240 shares during the period. Baader Bank Aktiengesellschaft purchased a new position in shares of Wayfair during the third quarter worth $1,107,000. WINTON GROUP Ltd purchased a new position in Wayfair in the third quarter valued at $2,635,000. Finally, Quantbot Technologies LP purchased a new position in Wayfair in the third quarter valued at $1,958,000. 89.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Wayfair

In related news, insider Jon Blotner sold 4,790 shares of Wayfair 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 in the company, valued at approximately $8,024,496.02. This trade represents a 4.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Niraj Shah sold 113,863 shares of Wayfair stock in a transaction on 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 completion of the transaction, the chief executive officer owned 435,274 shares of the company’s stock, valued at approximately $33,729,382.26. This trade represents a 20.73% 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. Over the last three months, insiders sold 463,785 shares of company stock worth $35,864,224. Company insiders own 18.44% of the company’s stock.

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.

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.