Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Warby Parker Inc shares valued at $3,621,163 were sold by Gilboa David Abraham on Dec 20 ’24. At $25.11 per share, Gilboa David Abraham sold 144,212 shares. The insider’s holdings dropped to 12,306 shares worth approximately $0.3 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Blumenthal Neil Harris sold 93,946 shares, netting a total of over 2,356,166 in proceeds. Following the sale of shares at $25.08 each, the insider now holds 12,177 shares.
Before that, Blumenthal Neil Harris had sold 56,054 shares from its account. In a trade valued at $1,406,395, the Co-Chief Executive Officer traded Warby Parker Inc shares for $25.09 each. Upon closing the transaction, the insider’s holdings decreased to 56,054 shares, worth approximately $0.29 million.
As published in a research note from Telsey Advisory Group on November 19, 2024, Warby Parker Inc [WRBY] has been retained to an Outperform and the price target has been revised to $26. Analysts at Telsey Advisory Group resumed the stock at ‘”an Outperform”‘ outlook in a report released in early November. As of November 07, 2024, William Blair has increased its “Mkt perform” rating to a “an Outperform” for WRBY. Earlier on October 21, 2024, Goldman upgraded its rating. Their new recommendation was “a Buy” for WRBY stock which previously was a “a Neutral”.
Analyzing WRBY Stock Performance
During the last five days, there has been a drop of approximately -3.43%. Over the course of the year, Warby Parker Inc shares have jumped approximately 71.70%. Shares of the company reached a 52-week high of $25.89 on 12/24/24 and a 52-week low of $11.35 on 03/14/24. A 50-day SMA is recorded $21.72, while a 200-day SMA reached $16.58. Nevertheless, trading volume fell to 1.15 million shares from 1.74 million shares the previous day.
Support And Resistance Levels for Warby Parker Inc (WRBY)
According to the 24-hour chart, there is a support level at 24.00, which, if violated, would cause prices to drop to 23.80. In the upper region, resistance lies at 24.50. The next price resistance is at 24.80. RSI (Relative Strength Index) is 56.41 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.10, which suggests the price will decrease in the coming days. Percent R is at 64.12%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
