Steven Conine, an insider at Wayfair Inc (W), sold 760,181 shares of the company's stock on November 23, 2025. The shares were sold at a price of $105.87 each, totaling approximately $80.48 million.
Following this transaction, Conine retains 760,181 shares of Wayfair Inc.
Wayfair operates as an online home furnishing store, headquartered in Boston, Massachusetts. The company, which went public on October 2, 2014, has a market capitalization of $12.9 billion and reported a trailing twelve-month earnings per share (EPS) of -2.55. Its diverse customer base includes households with incomes ranging from $25,000 to over $250,000, as well as business professionals from small startups to large enterprises.
The announcement highlights that insider transactions must be reported to the SEC, providing transparency into the actions of company executives. While this sale represents a significant transaction, it should be viewed in the context of broader insider activity and market dynamics. Investors are encouraged to consider patterns of insider trading across multiple insiders and time periods, rather than focusing on isolated transactions.
Wayfair is set to report its next earnings on August 3, 2026, with an estimated EPS of $0.94 and revenue expectations of $3.5 billion.