Warby Parker Inc. (NYSE:WRBY – Get Free Report) CEO Neil Harris Blumenthal sold 27,143 shares of Warby Parker stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $13.00, for a total value of $352,859.00. Following the completion of the sale, the chief executive officer now directly owns 12,177 shares in the company, valued at $158,301. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Neil Harris Blumenthal also recently made the following trade(s):
- On Monday, September 9th, Neil Harris Blumenthal sold 50,000 shares of Warby Parker stock. The shares were sold at an average price of $13.89, for a total value of $694,500.00.
Warby Parker Price Performance
WRBY stock opened at $14.37 on Friday. Warby Parker Inc. has a 52-week low of $9.83 and a 52-week high of $17.95. The business has a fifty day moving average of $14.98 and a two-hundred day moving average of $14.53.
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on WRBY. Telsey Advisory Group reiterated an “outperform” rating and issued a $19.00 target price on shares of Warby Parker in a research report on Thursday, August 8th. JMP Securities upgraded shares of Warby Parker from a “market perform” rating to an “outperform” rating and set a $20.00 price objective for the company in a report on Friday, August 23rd. Stifel Nicolaus boosted their target price on Warby Parker from $14.00 to $15.00 and gave the stock a “hold” rating in a report on Friday, August 9th. Piper Sandler began coverage on Warby Parker in a report on Friday, August 23rd. They issued an “overweight” rating and a $18.00 price target for the company. Finally, Loop Capital lifted their price objective on Warby Parker from $15.00 to $16.00 and gave the stock a “hold” rating in a research report on Wednesday, July 10th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, Warby Parker currently has a consensus rating of “Moderate Buy” and an average price target of $17.11.
View Our Latest Research Report on Warby Parker
Hedge Funds Weigh In On Warby Parker
A number of hedge funds have recently made changes to their positions in WRBY. Victory Capital Management Inc. acquired a new position in Warby Parker during the fourth quarter worth $160,000. National Bank of Canada FI acquired a new position in Warby Parker during the 4th quarter worth about $1,243,000. Charles Schwab Investment Management Inc. boosted its holdings in Warby Parker by 2.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 612,448 shares of the company’s stock valued at $8,636,000 after acquiring an additional 13,526 shares during the period. Versor Investments LP acquired a new position in Warby Parker in the 4th quarter valued at about $221,000. Finally, NBC Securities Inc. grew its position in Warby Parker by 25.5% in the 4th quarter. NBC Securities Inc. now owns 37,838 shares of the company’s stock valued at $533,000 after acquiring an additional 7,680 shares in the last quarter. Hedge funds and other institutional investors own 93.24% of the company’s stock.
Warby Parker Company Profile
Warby Parker Inc provides eyewear products in the United States and Canada. The company offers eyeglasses, sunglasses, light-responsive lenses, blue-light-filtering lenses, non-prescription lenses, and contact lenses. It also provides accessories, such as cases, lenses kit with anti-fog spray, pouches, and anti-fog lens spray through its retail stores, website, and mobile apps.
See Also
- Five stocks we like better than Warby Parker
- 3 Grocery Stocks That Are Proving They Are Still Essential
- 3 Leveraged ETFs to Multiply Returns
- Low PE Growth Stocks: Unlocking Investment Opportunities
- A Tale of Two Titans: Unveiling the Value in Baidu and JD.com
- What is a Stock Market Index and How Do You Use Them?
- Is the AI-Capable iPhone 16 the Start of a Sales Super-Cycle?
Receive News & Ratings for Warby Parker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Warby Parker and related companies with MarketBeat.com's FREE daily email newsletter.