First Watch Restaurant Group Inc’s recent filing unveils that its 10% Owner ADVENT INTERNATIONAL, L.P. unloaded Company’s shares for reported $66.15 million on Jun 03 ’25. In the deal valued at $14.70 per share,4,500,000 shares were sold. As a result of this transaction, ADVENT INTERNATIONAL, L.P. now holds 14,689,784 shares worth roughly $234.6 million.
Then, ADVENT INTERNATIONAL, L.P. bought 4,500,000 shares, generating $66,150,000 in total proceeds.
Before that, Jemley Charles bought 15,000 shares. First Watch Restaurant Group Inc shares valued at $247,500 were divested by the Director at a price of $16.50 per share. As a result of the transaction, Jemley Charles now holds 23,134 shares, worth roughly $0.37 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 Monday, First Watch Restaurant Group Inc [NASDAQ:FWRG] saw its stock jump 6.97% to $15.97. Over the last five days, the stock has gained 4.17%. First Watch Restaurant Group Inc shares have fallen nearly -14.19% since the year began. Nevertheless, the stocks have fallen -17.13% over the past one year. SMA at 50 days reached $17.10, while 200 days put it at $17.77.
Levels Of Support And Resistance For FWRG Stock
The Relative Strength Index (RSI) on the 14-day chart is 47.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 31.22%. Stochastics %K at 31.68% indicates the stock is a holding.
