Jones Financial Companies Lllp boosted its position in shares of Warby Parker Inc. (NYSE:WRBY – Free Report) by 205.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,528 shares of the company’s stock after acquiring an additional 1,028 shares during the quarter. Jones Financial Companies Lllp’s holdings in Warby Parker were worth $37,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Global Retirement Partners LLC acquired a new stake in Warby Parker in the 4th quarter valued at about $25,000. KBC Group NV raised its position in shares of Warby Parker by 39.3% during the 4th quarter. KBC Group NV now owns 4,743 shares of the company’s stock worth $115,000 after acquiring an additional 1,339 shares in the last quarter. Thrivent Financial for Lutherans acquired a new stake in shares of Warby Parker during the 3rd quarter worth about $213,000. Proficio Capital Partners LLC acquired a new stake in shares of Warby Parker during the 4th quarter worth about $273,000. Finally, Shaker Investments LLC OH acquired a new stake in shares of Warby Parker during the 4th quarter worth about $279,000. Institutional investors and hedge funds own 93.24% of the company’s stock.
Insider Activity at Warby Parker
In other Warby Parker news, CEO Neil Harris Blumenthal sold 300,000 shares of the business’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $25.14, for a total transaction of $7,542,000.00. Following the sale, the chief executive officer now directly owns 12,177 shares in the company, valued at approximately $306,129.78. The trade was a 96.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Steven Clive Miller sold 11,684 shares of the business’s stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $23.52, for a total value of $274,807.68. Following the sale, the chief financial officer now owns 204,727 shares in the company, valued at approximately $4,815,179.04. The trade was a 5.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 483,597 shares of company stock worth $12,211,257 over the last three months. 26.55% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
Read Our Latest Stock Report on WRBY
Warby Parker Price Performance
Warby Parker stock opened at $17.83 on Wednesday. Warby Parker Inc. has a 1-year low of $11.46 and a 1-year high of $28.68. The company has a market cap of $1.85 billion, a PE ratio of -66.02 and a beta of 1.91. The stock’s 50 day moving average price is $24.62 and its 200 day moving average price is $21.29.
About Warby Parker
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.
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