Rothschild & Co Wealth Management UK Ltd Has $9.47 Million Position in Wayfair Inc. (NYSE:W)

Rothschild & Co Wealth Management UK Ltd cut its holdings in Wayfair Inc. (NYSE:W) by 1.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 213,688 shares of the company’s stock after selling 2,381 shares during the quarter. Wayfair comprises 0.2% of Rothschild & Co Wealth Management UK Ltd’s holdings, making the stock its 19th biggest position. Rothschild & Co Wealth Management UK Ltd’s holdings in Wayfair were worth $9,471,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of W. Creative Planning raised its position in Wayfair by 2.1% in the 3rd quarter. Creative Planning now owns 13,261 shares of the company’s stock valued at $745,000 after buying an additional 272 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Wayfair by 65.5% during the fourth quarter. GAMMA Investing LLC now owns 710 shares of the company’s stock worth $31,000 after purchasing an additional 281 shares during the last quarter. Capital Performance Advisors LLP acquired a new position in Wayfair during the third quarter worth $29,000. Vanguard Personalized Indexing Management LLC boosted its holdings in Wayfair by 12.3% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 7,217 shares of the company’s stock worth $381,000 after purchasing an additional 788 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in Wayfair during the third quarter worth $44,000. 89.67% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on W. Loop Capital upped their price target on shares of Wayfair from $50.00 to $55.00 and gave the stock a “hold” rating in a research report on Monday, December 16th. Needham & Company LLC reaffirmed a “buy” rating and set a $60.00 price target on shares of Wayfair in a research report on Friday, November 1st. UBS Group dropped their price objective on shares of Wayfair from $70.00 to $65.00 and set a “buy” rating on the stock in a research report on Tuesday, October 22nd. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Wayfair from $69.00 to $46.00 and set a “buy” rating on the stock in a research report on Monday, November 4th. Finally, Piper Sandler dropped their price objective on shares of Wayfair from $67.00 to $63.00 and set an “overweight” rating on the stock in a research report on Monday, October 28th. Fourteen analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $60.24.

Wayfair Stock Performance

Shares of W stock opened at $47.70 on Thursday. Wayfair Inc. has a twelve month low of $37.35 and a twelve month high of $76.18. The stock’s fifty day simple moving average is $46.00 and its 200 day simple moving average is $47.23.

Wayfair (NYSE:W) last issued its quarterly earnings data on Friday, November 1st. The company reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.09. The firm had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.87 billion. The company’s revenue was down 2.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($1.38) EPS. On average, equities analysts anticipate that Wayfair Inc. will post -2.91 EPS for the current year.

Insider Buying and Selling at Wayfair

In other news, COO Thomas Netzer sold 1,039 shares of the business’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $50.65, for a total value of $52,625.35. Following the transaction, the chief operating officer now directly owns 171,790 shares of the company’s stock, valued at $8,701,163.50. The trade was a 0.60 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Jon Blotner sold 5,669 shares of the business’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $42.83, for a total value of $242,803.27. Following the completion of the transaction, the insider now directly owns 57,899 shares in the company, valued at $2,479,814.17. This represents a 8.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 134,150 shares of company stock worth $6,250,114. Insiders own 26.81% of the company’s stock.

Wayfair Company Profile

Wayfair Inc provides e-commerce business in the United States and internationally. The company offers approximately thirty million products for the home sector. It offers online selections of furniture, décor, housewares, and home improvement products through its sites consisting of Wayfair, Joss & Main, AllModern, Birch Lane, Perigold, and Wayfair Professional.