Warby Parker Inc’s recent filing unveils 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 $0.28 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 $0.28 million.
Citigroup downgraded its Warby Parker Inc [WRBY] rating to a Sell from a a Neutral in a research note published on February 05, 2025; the price target was increased to $23 from $19. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who decreased its forecast for the stock in mid January from “an Outperform” to “an In-line”. Telsey Advisory Group also remained covering WRBY and reiterated its “an Outperform” recommendation on November 19, 2024. Telsey Advisory Group maintained its rating on November 08, 2024. It rated WRBY as “an Outperform”.
Price Performance Review of WRBY
On Friday, Warby Parker Inc [NYSE:WRBY] saw its stock fall -3.41% to $23.26. Over the last five days, the stock has lost -9.46%. Warby Parker Inc shares have fallen nearly -3.92% since the year began. Nevertheless, the stocks have risen 66.14% 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 02/24/25. SMA at 50 days reached $25.49, while 200 days put it at $18.89.
Levels Of Support And Resistance For WRBY Stock
The 24-hour chart illustrates a support level at 22.85, which if violated will result in even more drops to 22.44. On the upside, there is a resistance level at 24.04. A further resistance level may holdings at 24.82. The Relative Strength Index (RSI) on the 14-day chart is 34.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.54, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.06%. Stochastics %K at 9.08% indicates the stock is a buying.
