Warby Parker Inc’s filing revealed that its Officer Sulzberger Gabrielle acquired Company’s shares for reported $0.98 million on Jan 10 ’25. In the deal valued at $26.50 per share,36,942 shares were bought.
Then, Blumenthal Neil Harris sold 300,000 shares, generating $7,542,000 in total proceeds. Upon selling the shares at $25.14, the Co-Chief Executive Officer now owns 12,177 shares.
Before that, Gilboa David Abraham sold 338,004 shares. Warby Parker Inc shares valued at $8,497,447 were divested by the Co-Chief Executive Officer at a price of $25.14 per share. As a result of the transaction, Gilboa David Abraham now holds 12,306 shares, worth roughly $0.31 million.
Evercore ISI downgraded its Warby Parker Inc [WRBY] rating to an In-line from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in mid November has reiterated a ‘”an Outperform”‘ rating for it. Telsey Advisory Group also remained covering WRBY and reiterated its “an Outperform” recommendation on November 08, 2024. William Blair revised its rating on November 07, 2024. It rated WRBY as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of WRBY
On Tuesday, Warby Parker Inc [NYSE:WRBY] saw its stock jump 3.58% to $25.46. Over the last five days, the stock has gained 1.47%. Warby Parker Inc shares have risen nearly 5.16% since the year began. Nevertheless, the stocks have risen 92.15% over the past one year. While a 52-week high of $27.10 was reached on 01/06/25, a 52-week low of $11.35 was recorded on 01/17/25. SMA at 50 days reached $23.71, while 200 days put it at $17.35.
Levels Of Support And Resistance For WRBY Stock
The 24-hour chart illustrates a support level at 24.70, which if violated will result in even more drops to 23.95. On the upside, there is a resistance level at 25.91. A further resistance level may holdings at 26.37. The Relative Strength Index (RSI) on the 14-day chart is 54.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 49.10%. Stochastics %K at 33.33% indicates the stock is a holding.
How much short interest is there in Warby Parker Inc?
A steep rise in short interest was recorded in Warby Parker Inc stocks on 2024-12-31, dropping by -2.52 million shares to a total of 11.18 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 13.7 million shares. There was a decline of -22.54%, which implies that there is a negative sentiment for the stock.
