First Watch Restaurant Group Inc’s filing revealed 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 $220.64 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 $0.35 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 Friday, First Watch Restaurant Group Inc [NASDAQ:FWRG] saw its stock fall -5.12% to $15.02. Over the last five days, the stock has gained 0.60%. First Watch Restaurant Group Inc shares have fallen nearly -19.29% since the year began. Nevertheless, the stocks have fallen -17.92% over the past one year. While a 52-week high of $22.71 was reached on 02/18/25, a 52-week low of $12.90 was recorded on 05/06/25.
Levels Of Support And Resistance For FWRG Stock
The 24-hour chart illustrates a support level at 14.74, which if violated will result in even more drops to 14.46. On the upside, there is a resistance level at 15.53. A further resistance level may holdings at 16.04.
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 2025-05-30, dropping by -0.37 million shares to a total of 5.58 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 5.95 million shares. There was a decline of -6.67%, which implies that there is a negative sentiment for the stock.
