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Wayfair (NYSE:W) President, Commercial & Operations, Jon Blotner, sold 13,857 shares of Class A Common Stock on July 15, 2025, for $56.45, totaling $782227.
In other recent news, Wayfair reported net revenue of $11.9 billion for the 12 months ending March 31, 2025. The company is also launching a "Black Friday in July" sale event, offering discounts of up to 80% on various products from July 24-28. Morgan Stanley (NYSE:MS) raised its price target for Wayfair to $70, citing an improved outlook and a more favorable trade policy. Jefferies also increased its price target to $60, highlighting Wayfair’s market share gains and positive sales growth forecasts. Meanwhile, Mizuho (NYSE:MFG) maintained its Outperform rating, noting a new fulfillment initiative similar to services offered by Amazon (NASDAQ:AMZN) and Walmart (NYSE:WMT), which could enhance long-term margins. Piper Sandler raised its price target to $61, driven by improving demand in the home furnishings sector and positive sales data from its May Mattress Retailers Survey. These developments reflect a mix of strategic initiatives and favorable market conditions for Wayfair.
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