The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Warby Parker Inc shares valued at $274,808 were sold by Miller Steven Clive on Mar 04 ’25. At $23.52 per share, Miller Steven Clive sold 11,684 shares. The insider’s holdings dropped to 204,727 shares worth approximately $3.99 million following the completion of this transaction.
Also, Gilboa David Abraham sold 202,968 shares, netting a total of over 4,772,513 in proceeds. Following the sale of shares at $23.51 each, the insider now holds 24,089 shares.
Before that, Blumenthal Neil Harris had sold 150,000 shares from its account. In a trade valued at $3,659,758, the Co-Chief Executive Officer traded Warby Parker Inc shares for $24.40 each. Upon closing the transaction, the insider’s holdings decreased to 150,000 shares, worth approximately $0.44 million.
As published in a research note from Telsey Advisory Group on February 28, 2025, Warby Parker Inc [WRBY] has been retained to an Outperform and the price target has been revised to $30. Analysts at ROTH MKM started covering the stock with ‘”a Neutral”‘ outlook in a report released in late February. As of February 05, 2025, Citigroup has decreased its “Neutral” rating to a “Sell” for WRBY. Earlier on January 17, 2025, Evercore ISI downgraded its rating. Their new recommendation was “an In-line” for WRBY stock which previously was a “an Outperform”.
Analyzing WRBY Stock Performance
During the last five days, there has been a surge of approximately 2.47%. Over the course of the year, Warby Parker Inc shares have dropped approximately -19.58%. Shares of the company reached a 52-week high of $28.68 on 01/31/25 and a 52-week low of $17.53 on 03/18/25. A 50-day SMA is recorded $23.88, while a 200-day SMA reached $19.44.
Support And Resistance Levels for Warby Parker Inc (WRBY)
According to the 24-hour chart, there is a support level at 19.01, which, if violated, would cause prices to drop to 18.56. In the upper region, resistance lies at 20.06. The next price resistance is at 20.65. RSI (Relative Strength Index) is 37.92 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.07, which suggests the price will decrease in the coming days. Percent R is at 53.92%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
