Insider Cluster (2 insiders) ·Filed Mar 23, 2026
Insider cluster: 2 insiders, $314K total
Actionable Insight • Neutral
The sales are small in absolute and relative terms and appear routine; no immediate concern for traders. Monitor for any escalation in selling or additional insider participation.
Final — all horizons settled through T+60d ⚠ clustered
W ▲ +9.32% at T+60d
NEUTRAL call ✓ call won +9.32% · α vs SPY -5.17% · entry $76.07 → $83.16
T+1d
-1.35%
call -1.35% · α -1.00%
$75.04
settled 6mo ago
T+5d
-9.00%
call -9.00% · α -5.44%
$69.22
settled 6mo ago
T+20d
+4.73%
call +4.73% · α -2.69%
$79.67
settled 6mo ago
T+60d
+9.32%
call +9.32% · α -5.17%
$83.16
settled 4mo ago
Price Chart
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Executive Summary
Two insiders at Wayfair — CEO Niraj Shah and Director Steven Conine — sold shares in open-market transactions over a two-day period, totaling $565,030. The sales were modest in size relative to the company's $9.9 billion market cap, representing less than 0.01% of market value.
Key Financial Metrics
Direction
selling
Total Value
$565.0K
Insiders
2
Key Facts
- CEO Niraj Shah sold 3,565 shares for $271,697 across two transactions on March 23 and 24, 2026.
- Director Steven Conine sold 3,849 shares for $293,323 across two transactions on the same dates.
- All transactions were open-market sales (S) with no derivatives, grants, or non-cash elements involved.
- Total cluster value: $565,030, which is 0.0057% of Wayfair’s $9.9B market cap.
Financial Impact
$565,030 in total open-market share sales by two insiders
insider ownershipshare count
Risk Factors
- Perception risk if media or retail investors misinterpret routine sales as negative signal.
- Potential for increased selling if more insiders follow suit in coming weeks.
Market Snapshot
Exchange
NYSE
Investment Themes
Consumer & Retail
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (4 trades, 7d window) | cluster-W-1774476678429 |
14 reports for W
100% Hit rate best @ T+60▲ +19.27%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 14, 2026 6w ago | Insider Cluster | $103.08 $104.79 | ▲ +1.66% | ▲ +3.18% | $101.25 (−1.78%) |
May 22, 2026 19w ago | 8-K | $67.04 $85.04 | ▲ +26.84% | ▲ +27.01% | $101.25 (+51.02%) |
May 13, 2026 20w ago | 8-K | $59.88 $77.68 | ▲ +29.72% | ▲ +30.33% | $101.25 (+69.08%) |
Apr 30, 2026 22w ago | 8-K | $63.88 $72.00 | ▲ +12.71% | ▲ +7.48% | $101.25 (+58.49%) |
Apr 24, 2026 23w ago | Insider Cluster | $78.70 $66.34 | ▼ −15.71% | ▼ −19.73% | $101.25 (+28.65%) |
Apr 23, 2026 23w ago | Insider Cluster | $76.50 $64.72 | ▼ −15.40% | ▼ −20.04% | $101.25 (+32.35%) |
Apr 14, 2026 24w ago | 144 | $74.21 $61.38 | ▲ +17.29% | ▲ +23.59% | $101.25 (−36.43%) |
Mar 25, 2026 27w ago | Insider Cluster | $79.08 $76.94 | ▼ −2.71% | ▼ −10.57% | $101.25 (+28.03%) |
Mar 24, 2026 27w ago | Insider Cluster | $75.04 $80.14 | ▼ −6.80% | ▲ +2.10% | $101.25 (−34.92%) |
Mar 23, 2026 27w ago | Insider Cluster | $76.07 $79.67 | ▲ +4.73% | ▼ −2.69% | $101.25 (+33.10%) |
Showing 10 of 14
US Market Status
Market Closed — Opens Mon (64h 12m)
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