Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. First Watch Restaurant Group Inc shares valued at $66,150,000 were sold by ADVENT INTERNATIONAL, L.P. on Jun 03 ’25. At $14.70 per share, ADVENT INTERNATIONAL, L.P. sold 4,500,000 shares. The insider’s holdings dropped to 14,689,784 shares worth approximately $257.95 million following the completion of this transaction.
Also, ADVENT INTERNATIONAL, L.P. purchased 4,500,000 shares, netting a total of over 66,150,000 in proceeds.
Before that, Jemley Charles had added 15,000 shares to its account. In a trade valued at $247,500, the Director bought First Watch Restaurant Group Inc shares for $16.50 each. Upon closing the transaction, the insider’s holdings increased to 15,000 shares, worth approximately $0.41 million.
As published in a research note from TD Cowen on April 01, 2025, First Watch Restaurant Group Inc [FWRG] has been rated up from a Hold to a Buy and the price target has been revised to $22. Analysts at Stephens started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid October. As of August 27, 2024, The Benchmark Company has initiated its “Buy” rating for FWRG. Earlier on January 04, 2024, Stifel downgraded its rating. Their new recommendation was “a Hold” for FWRG stock which previously was a “a Buy”.
Analyzing FWRG Stock Performance
On last trading session,, First Watch Restaurant Group Inc [NASDAQ: FWRG] rose 2.09% to $17.56. The stock’s lowest price that day was $16.93, but it reached a high of $17.65 in the same session. During the last five days, there has been a surge of approximately 16.68%. Shares of the company reached a 52-week high of $22.71 on 02/18/25 and a 52-week low of $12.90 on 05/06/25.
Support And Resistance Levels for First Watch Restaurant Group Inc (FWRG)
According to the 24-hour chart, there is a support level at 17.11, which, if violated, would cause prices to drop to 16.66. In the upper region, resistance lies at 17.83. The next price resistance is at 18.10. RSI (Relative Strength Index) is 62.48 on the 14-day chart, showing neutral technical sentiment.
Is First Watch Restaurant Group Inc subject to short interest?
Stocks of First Watch Restaurant Group Inc saw a sharp rise in short interest on 2025-06-13 jumping by 12022.0 shares to 5.46 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 5.45 million shares. A jump of 0.22% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 6.52 of the overall float, the days-to-cover ratio (short ratio) jumped to 6.52.
Which companies own the most shares of First Watch Restaurant Group Inc (FWRG)?
In terms of First Watch Restaurant Group Inc share price expectations, FactSet research, analysts set an average price target of 21 in the next 12 months, up nearly 22.09% from the previous closing price of $17.2. Analysts anticipate First Watch Restaurant Group Inc stock to reach 24 by 2025, with the lowest price target being 17. In spite of this, 4 analysts ranked First Watch Restaurant Group Inc stock as Buy at the end of 2025. On October 18, 2023, Raymond James assigned a price target of “a Strong buy” to the stock and upgraded coverage with a $22.
