CTO Tan Fiona sold 9,000 Wayfair shares at $119.00 (near 52-week high); recent prior sells at this ticker underperformed vs. cross-ticker record.
Tan Fiona sold 9,000 shares at $119.00, reducing holdings by 4.3% to 200,328 shares. The sale occurred at -0.7% from the 52-week high of $119.05, during a period of strong price appreciation (stock up 18.2% in 30 days and 43.7% in 90 days). However, her prior five trades at Wayfair show a divergent pattern: three recent sells in November and early October generated negative 30-day returns (-14.4%, -16.7%, -5.3%), while two earlier 2025 sales (April and August) produced positive 90-day returns of +65.4% and +41.8% respectively. Across all tickers, her cross-ticker track record shows a 76.47% well-timed rate on 20 prior sells, but at Wayfair specifically, only 0 of 2 measurable prior sales were well-timed at the 90-day mark. Fundamentally, the company generated $3.1B in quarterly revenue but posted a net loss of $99.0M and reported negative annual revenue growth of -1.3%, suggesting operational headwinds despite recent stock momentum.