undamentalytics Newsletter

Wayfair Inc. insider trading

Every open-market purchase and sale by Wayfair Inc.'s officers, directors and largest shareholders since November 4, 2021, and what the share price did next.

Insider purchase Insider sale Marker size reflects trade value. Weekly closes adjusted for splits; may be delayed.
Wayfair Inc. insider open-market trades
DateInsiderTrade SharesPriceValue 1M after 3M after 6M after

From insiders' Form 4 filings with the SEC: open-market purchases and sales only (awards, option exercises and shares withheld for tax are excluded), combined to one line per insider per day. "Plan" marks trades the filing says were made under a pre-set Rule 10b5-1 trading plan, which are scheduled in advance. Price changes run from the close on the trade date; hover a figure for the change relative to the S&P 500. Past moves don't predict future ones.

Does following Wayfair Inc.’s insiders pay?

From October 9, 2014 to September 4, 2025, 35 insiders reported 17 open-market purchases and 368 sales not made under a pre-set plan in Wayfair Inc. Twelve months after each purchase was reported, the shares were +92.1% against the S&P 500 on average (median +15.2%), over 17 purchases with a full year of prices; 53% beat the index. After sales, the shares moved +46.8% against the index over 12 months (a negative figure means selling was the right call). That rests on fewer than 20 purchases, too few to read much into. Buying each purchase the day after it was reported, an equal amount each, held 12 months or until that insider reported a sale, would have turned $10,000 on November 6, 2014 into $7,231 by November 2, 2026, −2.7% a year. It held shares 69% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $26,410 (+8.5% a year), and held throughout $45,443 (+13.5%).

$0$20.0k$40.0k$60.0k 2014201620182020202220242026 $45.4k$26.4k$7.2k
Copying Wayfair Inc.'s insidersS&P 500, same days investedS&P 500, held throughout $10,000 copying every open-market purchase by Wayfair Inc.'s insiders from November 6, 2014, before costs and taxes, marked weekly. Uninvested money earns the Treasury bill rate; the portfolio held shares 69% of the time.
Wayfair Inc.: each insider's record
InsiderRolePurchases12 months after their purchasesBeat the S&P 500Sales12 months after their salesLatest report
Oblak Steve Chief Commercial Officer 0 — — 72 +47.9% (72) March 17, 2023
Fleisher Michael D Chief Financial Officer 0 — — 61 +52.9% (61) October 18, 2022
Mulliken John Champlin Chief Technology Officer 0 — — 31 +43.9% (31) October 17, 2019
Savarese James Chief Operating Officer 0 — — 30 +41.4% (30) October 17, 2019
Macri Edmond Chief Product/Marketing 0 — — 25 +80.4% (25) January 19, 2021
Netzer Thomas Chief Operating Officer 0 — — 25 +1.4% (25) March 3, 2023
Conine Steven Co-Founder 0 — — 17 +53.5% (17) August 21, 2025
Miller James R. Chief Technology Officer 0 — — 17 +93.1% (17) February 2, 2022
Shah Niraj Chief Executive Officer 0 — — 17 +53.5% (17) August 21, 2025
Delinsky Jeremy Chief Technology Officer 0 — — 10 +75.5% (10) May 3, 2017
Kumin Michael Andrew Director 5 +16.1% (5) 40% 5 +68.4% (5) September 4, 2025
Schaferkordt Anke Director 0 — — 9 −58.8% (9) February 3, 2023
Tan Fiona Chief Technology Officer 0 — — 8 +2.4% (8) March 3, 2023
Malone Nicholas Chief Administrative Officer 0 — — 6 +49.8% (6) August 2, 2017
Gulliver Kate CFO and Chief Admin Officer 0 — — 5 +7.8% (5) March 3, 2023
Harbourvest Partners Ix-Venture Fund L.P. and related entities Other 0 — — 5 +32.8% (5) March 7, 2017
Rodrigues Romero Director 0 — — 5 +21.6% (5) August 3, 2018
Gamgort Robert James Director 3 +19.5% (3) 33% 1 +27.4% (1) May 8, 2020
Harbourvest Partners 2007 Direct Associates L.P. and related entities Other 0 — — 4 +57.6% (4) May 24, 2018
Choe Michael W. Director 3 −61.0% (3) 0% 0 — May 19, 2022
Agrawal Neeraj Director 0 — — 2 +33.5% (2) November 21, 2017
Gaffney Christopher S Director 0 — — 2 +54.3% (2) August 31, 2016
Harbourvest Partners 2007 Direct Associates LLC and related entities Other 0 — — 2 +44.4% (2) May 25, 2016
Harbourvest Partners Viii-Venture Associates LLC and related entities Other 0 — — 2 +38.3% (2) March 3, 2017
Spruce House Capital LLC 10% owner 1 +345.3% (1) 100% 1 −46.6% (1) October 13, 2020
Spruce House Partnership (qp) LP 10% owner 2 +517.1% (2) 100% 0 — March 11, 2020
Great Hill Equity Partners IV LP Director 0 — — 1 +106.9% (1) March 2, 2017
Great Hill Investors LLC Director 0 — — 1 +26.8% (1) May 24, 2017
Halvorsen Ole Andreas 10% owner 1 +66.2% (1) 100% 0 — November 5, 2014
Harbourvest Partners LLC and related entities Other 0 — — 1 +38.8% (1) May 19, 2016
Harbourvest Partners Viii-Venture Associates L.P. and related entities Other 0 — — 1 −41.9% (1) March 2, 2016
Hipep VI Select Associates L.P. 10% owner 0 — — 1 +40.6% (1) October 9, 2014
Naylor Jeffrey G Director 1 +103.7% (1) 100% 0 — February 28, 2018
Spruce House Partnership LLC 10% owner 0 — — 1 +589.4% (1) March 23, 2020
Viking Global Investors LP 10% owner 1 +60.4% (1) 100% 0 — November 24, 2014

Moves are the shares’ return including dividends minus the S&P 500’s, from the close on the first trading day after each report; the number of trades with a finished 12-month window is in brackets. Green means the trade went the insider’s way (a purchase ahead of the index, a sale followed by the shares trailing it). A trade reported both by a director or officer and by a fund or company they are linked to counts once here, under the person. Purchases count only where the share price actually traded was at least $5. These figures describe what the shares did, not why anyone traded. Insiders across all companies.

When several insiders traded Wayfair Inc.

Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Wayfair Inc. in reports dated in the 91 days before the month end, and how the stock did against the S&P 500 from that month end. After the 1 buying crowd with six months of prices, it averaged +84.2% against the index. After 2 selling crowds, −0.3%. One company's history is too short to judge by; the test across every company is the better guide.

MonthCrowd3 months on, vs S&P 5006 months12 months
March 31, 20163 selling−10.5%−12.7%−25.0%
January 30, 20152 buying+47.4%+84.2%+123.1%
October 31, 20145 selling−17.2%+12.2%+67.3%

Colours show whether the crowd was right: green when buyers were followed by a rise above the index, or sellers by a fall below it. Total returns from the month end; past patterns are not a forecast.

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