2 weeks Ago By Defense World Staff
Warby Parker ( NYSE:WRBY – Free Report ) had its target price lifted by Piper Sandler from $18.00 to $22.00 in a report issued on Friday morning, Benzinga reports.
The firm currently has an overweight rating on the stock. WRBY has been the topic of several other reports. Deutsche Bank Aktiengesellschaft raised shares of Warby Parker from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $15.
00 to $18.00 in a research note on Monday, October 21st. JMP Securities upgraded Warby Parker from a “market perform” rating to an “outperform” rating and set a $20.
00 price target on the stock in a research report on Friday, August 23rd. Telsey Advisory Group reiterated an “outperform” rating and issued a $19.00 price objective on shares of Warby Parker in a research report on Thursday, November 7th.
William Blair raised Warby Parker from a “market perform” rating to an “outperform” rating in a research note on Thursday, November 7th. Finally, BTIG Research raised their target price on Warby Parker from $18.00 to $20.
00 and gave the company a “buy” rating in a research note on Friday, November 1st. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.
com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $18.18. Check Out Our Latest Stock Analysis on Warby Parker Warby Parker Stock Performance Insider Buying and Selling In other Warby Parker news, CFO Steven Clive Miller sold 6,763 shares of the company’s stock in a transaction dated Wednesday, September 11th.
The shares were sold at an average price of $13.90, for a total transaction of $94,005.70.
Following the transaction, the chief financial officer now directly owns 177,488 shares in the company, valued at approximately $2,467,083.20. This represents a 0.
00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink . In other news, CEO Neil Harris Blumenthal sold 50,000 shares of the firm’s stock in a transaction on Monday, September 9th.
The stock was sold at an average price of $13.89, for a total value of $694,500.00.
Following the transaction, the chief executive officer now directly owns 12,177 shares in the company, valued at $169,138.53. This trade represents a 0.
00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link . Also, CFO Steven Clive Miller sold 6,763 shares of the company’s stock in a transaction dated Wednesday, September 11th.
The shares were sold at an average price of $13.90, for a total value of $94,005.70.
Following the completion of the sale, the chief financial officer now owns 177,488 shares of the company’s stock, valued at $2,467,083.20. This represents a 0.
00 % decrease in their position. The disclosure for this sale can be found here . Insiders sold a total of 99,178 shares of company stock worth $1,339,901 over the last three months.
26.55% of the stock is currently owned by company insiders. Hedge Funds Weigh In On Warby Parker A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WRBY.
Janney Montgomery Scott LLC raised its position in shares of Warby Parker by 302.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 48,245 shares of the company’s stock valued at $657,000 after acquiring an additional 36,245 shares during the period.
SG Americas Securities LLC acquired a new stake in Warby Parker in the first quarter worth $176,000. TimesSquare Capital Management LLC boosted its position in shares of Warby Parker by 149.4% during the first quarter.
TimesSquare Capital Management LLC now owns 1,687,750 shares of the company’s stock worth $22,970,000 after purchasing an additional 1,011,030 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in shares of Warby Parker by 37.
1% in the 1st quarter. Russell Investments Group Ltd. now owns 225,338 shares of the company’s stock valued at $3,067,000 after buying an additional 61,004 shares during the period.
Finally, ProShare Advisors LLC grew its holdings in shares of Warby Parker by 10.2% in the 1st quarter. ProShare Advisors LLC now owns 15,470 shares of the company’s stock valued at $211,000 after buying an additional 1,434 shares during the period.
Institutional investors own 93.24% of the company’s stock. About Warby Parker ( Get Free Report ) Warby Parker Inc provides eyewear products in the United States and Canada.
The company offers eyeglasses, sunglasses, light-responsive lenses, blue-light-filtering lenses, non-prescription lenses, and contact lenses. It also provides accessories, such as cases, lenses kit with anti-fog spray, pouches, and anti-fog lens spray through its retail stores, website, and mobile apps. Featured Articles Five stocks we like better than Warby Parker Natural Gas Prices Continue To Rally, These Stocks Should Benefit 2 Chip Stocks Benefitting from OpenAI’s Chip Strategy Expansion Trading Stocks: RSI and Why it’s Useful Monday.
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