Warby Parker Inc’s recently made public that its Co-Chief Executive Officer Blumenthal Neil Harris unloaded Company’s shares for reported $1.38 million on Jan 30 ’25. In the deal valued at $27.61 per share,50,000 shares were sold. As a result of this transaction, Blumenthal Neil Harris now holds 12,177 shares worth roughly $0.33 million.
Then, Sulzberger Gabrielle bought 36,942 shares, generating $978,963 in total proceeds.
Before that, Blumenthal Neil Harris sold 300,000 shares. Warby Parker Inc shares valued at $7,542,000 were divested by the Co-Chief Executive Officer at a price of $25.14 per share. As a result of the transaction, Blumenthal Neil Harris now holds 12,177 shares, worth roughly $0.33 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 Monday, Warby Parker Inc [NYSE:WRBY] saw its stock fall -1.37% to $27.33. Over the last five days, the stock has gained 6.84%. Warby Parker Inc shares have risen nearly 12.89% since the year began. Nevertheless, the stocks have risen 114.35% over the past one year. While a 52-week high of $28.68 was reached on 01/31/25, a 52-week low of $11.35 was recorded on 01/17/25. SMA at 50 days reached $24.78, while 200 days put it at $17.96.
Levels Of Support And Resistance For WRBY Stock
The 24-hour chart illustrates a support level at 26.60, which if violated will result in even more drops to 25.87. On the upside, there is a resistance level at 27.97. A further resistance level may holdings at 28.61. The Relative Strength Index (RSI) on the 14-day chart is 58.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.59, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 30.41%. Stochastics %K at 81.96% indicates the stock is a selling.
How much short interest is there in Warby Parker Inc?
A steep rise in short interest was recorded in Warby Parker Inc stocks on 2025-01-15, dropping by -1.59 million shares to a total of 11.41 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 13.01 million shares. There was a decline of -13.97%, which implies that there is a negative sentiment for the stock.
