First Watch Restaurant Group Inc’s filing revealed that its CFO and Treasurer HOPE H MELVILLE III unloaded Company’s shares for reported $0.13 million on Mar 12 ’25. In the deal valued at $16.81 per share,8,013 shares were sold. As a result of this transaction, HOPE H MELVILLE III now holds 74,302 shares worth roughly $1.46 million.
Then, Wolszczak Jay Anthony sold 5,743 shares, generating $96,540 in total proceeds. Upon selling the shares at $16.81, the Chief Legal Officer, GC & Secy now owns 37,768 shares.
Before that, Hartman Eric Richard sold 3,916 shares. First Watch Restaurant Group Inc shares valued at $65,828 were divested by the Chief Development Officer at a price of $16.81 per share. As a result of the transaction, Hartman Eric Richard now holds 69,475 shares, worth roughly $1.36 million.
TD Cowen upgraded its First Watch Restaurant Group Inc [FWRG] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Stephens’s analysts, who began to cover the stock in mid October with a ‘”an Overweight”‘ rating. The Benchmark Company began covering FWRG with “Buy” recommendation on August 27, 2024. Stifel revised its rating on January 04, 2024. It rated FWRG as “a Hold” which previously was an “a Buy”.
Price Performance Review of FWRG
On Thursday, First Watch Restaurant Group Inc [NASDAQ:FWRG] saw its stock jump 4.59% to $19.59. Over the last five days, the stock has gained 12.26%. First Watch Restaurant Group Inc shares have risen nearly 5.27% since the year began. Nevertheless, the stocks have fallen -11.52% over the past one year. While a 52-week high of $25.98 was reached on 02/18/25, a 52-week low of $12.90 was recorded on 04/08/25. SMA at 50 days reached $18.58, while 200 days put it at $17.58.
Levels Of Support And Resistance For FWRG Stock
The 24-hour chart illustrates a support level at 18.76, which if violated will result in even more drops to 17.92. On the upside, there is a resistance level at 20.13. A further resistance level may holdings at 20.67. The Relative Strength Index (RSI) on the 14-day chart is 61.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.43, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.20%. Stochastics %K at 95.54% indicates the stock is a selling.
How much short interest is there in First Watch Restaurant Group Inc?
A steep rise in short interest was recorded in First Watch Restaurant Group Inc stocks on 2025-03-31, growing by 0.66 million shares to a total of 6.0 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 5.34 million shares. There was a rise of 11.06%, which implies that there is a positive sentiment for the stock.
