In a filing, Warby Parker Inc revealed its Chief Financial Officer Miller Steven Clive unloaded Company’s shares for reported $0.27 million on Mar 04 ’25. In the deal valued at $23.52 per share,11,684 shares were sold. As a result of this transaction, Miller Steven Clive now holds 204,727 shares worth roughly $4.15 million.
Then, Gilboa David Abraham sold 202,968 shares, generating $4,772,513 in total proceeds. Upon selling the shares at $23.51, the Co-Chief Executive Officer now owns 24,089 shares.
Before that, Blumenthal Neil Harris sold 150,000 shares. Warby Parker Inc shares valued at $3,659,758 were divested by the Co-Chief Executive Officer at a price of $24.40 per share. As a result of the transaction, Blumenthal Neil Harris now holds 22,569 shares, worth roughly $0.46 million.
Telsey Advisory Group reiterated its Warby Parker Inc [WRBY] rating to an Outperform in a research note published on February 28, 2025; the price target was $30. A number of analysts have revised their coverage, including ROTH MKM’s analysts, who began to cover the stock in late February with a ‘”a Neutral”‘ rating. Citigroup also remained covering WRBY and has decreased its forecast on February 05, 2025 with a “Sell” recommendation from previously “Neutral” rating. Evercore ISI revised its rating on January 17, 2025. It rated WRBY as “an In-line” which previously was an “an Outperform”.
Price Performance Review of WRBY
On Monday, Warby Parker Inc [NYSE:WRBY] saw its stock fall -3.93% to $20.28. Over the last five days, the stock has lost -16.09%. Warby Parker Inc shares have fallen nearly -16.23% since the year began. Nevertheless, the stocks have risen 65.82% 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 03/10/25. SMA at 50 days reached $25.25, while 200 days put it at $19.28.
Levels Of Support And Resistance For WRBY Stock
The 24-hour chart illustrates a support level at 19.70, which if violated will result in even more drops to 19.11. On the upside, there is a resistance level at 20.83. A further resistance level may holdings at 21.37. The Relative Strength Index (RSI) on the 14-day chart is 28.37, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.34%. Stochastics %K at 8.74% indicates the stock is a buying.
The most recent change occurred on November 19, 2024 when Telsey Advisory Group resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $26.
