Insider Selling: Conine Steven, Wayfair Inc [W] Co-Founder divested 85,000 shares

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Wayfair Inc shares valued at $6,805,903 were sold by Conine Steven on Aug 20 ’25. At $80.07 per share, Conine Steven sold 85,000 shares. The insider’s holdings dropped to 459,073 shares worth approximately $36.42 million following the completion of this transaction.

Also, Shah Niraj sold 85,000 shares, netting a total of over 6,806,084 in proceeds. Following the sale of shares at $80.07 each, the insider now holds 459,137 shares.

Before that, Conine Steven had added 85,000 shares to its account. In a trade valued at $6,806,042, the Officer bought Wayfair Inc shares for $80.07 each.

As published in a research note from Citigroup on August 05, 2025, Wayfair Inc [W] has been rated up from a Neutral to a Buy and the price target has been revised to $93. Analysts at Loop Capital downgraded the stock from ‘”a Hold”‘ to ‘”a Sell”‘ outlook in a report released in mid May. As of May 12, 2025, Argus has increased its “Hold” rating to a “Buy” for W. Earlier on April 14, 2025, Deutsche Bank downgraded its rating. Their new recommendation was “a Hold” for W stock which previously was a “a Buy”.

Analyzing W Stock Performance

On last trading session, Wayfair Inc [NYSE: W] rose 2.16% to $79.33. The stock’s lowest price that day was $77.37, but it reached a high of $79.85 in the same session. During the last five days, there has been a surge of approximately 8.69%. Over the course of the year, Wayfair Inc shares have jumped approximately 88.34%. Shares of the company reached a 52-week high of $81.94 on 08/19/25 and a 52-week low of $20.41 on 04/04/25.

Support And Resistance Levels for Wayfair Inc (W)

According to the 24-hour chart, there is a support level at 77.85, which, if violated, would cause prices to drop to 76.37. In the upper region, resistance lies at 80.33. The next price resistance is at 81.33. RSI (Relative Strength Index) is 64.71 on the 14-day chart, showing neutral technical sentiment.

Is Wayfair Inc subject to short interest?

Stocks of Wayfair Inc saw a sharp steep in short interest on 2025-08-15 dropping by -1.99 million shares to 20.79 million. Data from Yahoo Finance shows that the short interest on 2025-07-15 was 22.79 million shares. A decline of -9.59% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.22 of the overall float, the days-to-cover ratio (short ratio) decline to 4.22.

Which companies own the most shares of Wayfair Inc (W)?

In terms of Wayfair Inc share price expectations, FactSet research, analysts set an average price target of 68 in the next 12 months, down nearly -12.43% from the previous closing price of $77.65. Analysts anticipate Wayfair Inc stock to reach 100 by 2025, with the lowest price target being 25. In spite of this, 30 analysts ranked Wayfair Inc stock as Buy at the end of 2025. On April 10, 2025, Truist assigned a price target of “a Buy” to the stock and reiterated coverage with a $36.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.