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

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 Trading Down 2.6%

Wayfair stock traded down $1.57 during trading on Tuesday, hitting $59.81. The company had a trading volume of 628,792 shares, compared to its average volume of 3,728,219. The stock has a market cap of $7.89 billion, a price-to-earnings ratio of -25.56, a price-to-earnings-growth ratio of 3.78 and a beta of 3.02. Wayfair Inc. has a 1-year low of $34.46 and a 1-year high of $119.98. The company’s 50 day simple moving average is $74.22 and its 200-day simple moving average is $91.00.

Wayfair (NYSE:W) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.26 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.26. Wayfair had a negative return on equity of 2.20% and a negative net margin of 2.41%.The business had revenue of $2.93 billion during the quarter, compared to analysts’ expectations of $2.89 billion. During the same period in the previous year, the firm posted $0.10 earnings per share. The company’s revenue was up 7.4% on a year-over-year basis. As a group, analysts forecast that Wayfair Inc. will post 0.58 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in W. Cornerstone Planning Group LLC boosted its holdings in Wayfair by 28,200.0% in the third quarter. Cornerstone Planning Group LLC now owns 283 shares of the company’s stock valued at $25,000 after purchasing an additional 282 shares in the last quarter. Global Retirement Partners LLC lifted its position in shares of Wayfair by 156.3% during the 3rd quarter. Global Retirement Partners LLC now owns 328 shares of the company’s stock worth $29,000 after buying an additional 200 shares during the last quarter. Webster Bank N. A. purchased a new stake in shares of Wayfair during the 4th quarter worth approximately $30,000. V Square Quantitative Management LLC acquired a new position in shares of Wayfair in the 4th quarter valued at $33,000. Finally, Piper Sandler & CO. purchased a new position in shares of Wayfair in the 4th quarter valued at $34,000. Hedge funds and other institutional investors own 89.67% of the company’s stock.

Insider Buying and Selling

In other Wayfair news, insider Jon Blotner sold 4,790 shares of the company’s stock in a transaction 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 transaction, the insider owned 111,158 shares in the company, valued at $8,024,496.02. This represents a 4.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Steven Conine sold 7,139 shares of Wayfair stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $78.55, for a total value of $560,768.45. Following the sale, the director owned 429,073 shares in the company, valued at $33,703,684.15. This trade represents a 1.64% decrease in their position. 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 in the last ninety days. 18.44% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

W has been the topic of several research reports. Wells Fargo & Company reduced their price target on shares of Wayfair from $125.00 to $100.00 and set an “overweight” rating on the stock in a research report on Friday, May 1st. Morgan Stanley set a $110.00 price objective on Wayfair in a research report on Friday, May 1st. Jefferies Financial Group decreased their target price on Wayfair from $86.00 to $70.00 and set a “hold” rating for the company in a report on Thursday, April 30th. Citigroup cut their price target on Wayfair from $135.00 to $110.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Finally, Wedbush decreased 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 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. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $96.33.

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.