Vanguard Group Inc. Sells 43,649 Shares of Warby Parker Inc. $WRBY

Vanguard Group Inc. cut its holdings in shares of Warby Parker Inc. (NYSE:WRBY) by 0.4% in the 4th quarter, Holdings Channel reports. The firm owned 10,621,880 shares of the company’s stock after selling 43,649 shares during the period. Vanguard Group Inc. owned 0.10% of Warby Parker worth $231,451,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. JPMorgan Chase & Co. raised its holdings in shares of Warby Parker by 40.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,303,341 shares of the company’s stock worth $201,426,000 after buying an additional 2,120,768 shares in the last quarter. Marshall Wace LLP boosted its stake in Warby Parker by 10.1% in the third quarter. Marshall Wace LLP now owns 2,060,103 shares of the company’s stock valued at $56,818,000 after buying an additional 189,758 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Warby Parker by 96.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,888,817 shares of the company’s stock valued at $34,433,000 after buying an additional 929,073 shares in the last quarter. Qube Research & Technologies Ltd grew its position in Warby Parker by 6.5% in the second quarter. Qube Research & Technologies Ltd now owns 1,301,263 shares of the company’s stock valued at $28,537,000 after acquiring an additional 79,063 shares during the last quarter. Finally, Bank of America Corp DE grew its position in Warby Parker by 24.2% in the third quarter. Bank of America Corp DE now owns 969,103 shares of the company’s stock valued at $26,728,000 after acquiring an additional 188,925 shares during the last quarter. Institutional investors and hedge funds own 93.24% of the company’s stock.

Warby Parker News Summary

Here are the key news stories impacting Warby Parker this week:

• Positive Sentiment: Warby Parker reported Q1 revenue of $242.45 million, topping estimates, and said revenue grew 8.4% year over year, signaling solid demand. Warby Parker Announces First Quarter 2026 Results
• Positive Sentiment: The company posted Q1 earnings of $0.12 per share, matching year-ago results and beating Wall Street expectations, reinforcing that profitability is holding up better than feared. Warby Parker Inc. (WRBY) Surpasses Q1 Earnings and Revenue Estimates
• Positive Sentiment: Management said active customers rose 4.8% to 2.69 million and average revenue per customer increased 6.9%, both signs of healthy customer growth and monetization. Warby Parker Announces First Quarter 2026 Results
• Positive Sentiment: Warby Parker guided FY2026 revenue to $959 million-$976 million, a range investors are treating as supportive even though it is slightly below consensus, and the company also generated net income of $3.2 million. Warby Parker Announces First Quarter 2026 Results
• Positive Sentiment: Analysts turned more constructive after earnings, with BTIG raising its price target to $34 and Telsey lifting its target to $33, both with bullish ratings. BTIG Research price target update
• Positive Sentiment: Telsey Advisory Group also upgraded its view to “outperform,” citing roughly 13.7% upside from the recent trading level. Telsey Advisory Group price target update

Insiders Place Their Bets

In related news, Director Bradley E. Singer sold 15,793 shares of the company’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $27.53, for a total transaction of $434,781.29. Following the sale, the director owned 16,026 shares in the company, valued at $441,195.78. This represents a 49.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Neil Harris Blumenthal sold 22,442 shares of the firm’s stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $25.09, for a total transaction of $563,069.78. Following the sale, the chief executive officer directly owned 50,165 shares of the company’s stock, valued at approximately $1,258,639.85. This trade represents a 30.91% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 115,793 shares of company stock worth $2,901,550 in the last ninety days. Insiders own 18.24% of the company’s stock.

Warby Parker Trading Up 8.5%

Warby Parker stock opened at $29.52 on Friday. The stock has a 50-day moving average price of $23.31 and a two-hundred day moving average price of $23.08. Warby Parker Inc. has a 12 month low of $14.96 and a 12 month high of $31.00. The company has a market capitalization of $3.16 billion, a PE ratio of 1,476.54 and a beta of 1.95.

Warby Parker (NYSE:WRBY) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.08). The business had revenue of $242.45 million for the quarter, compared to analyst estimates of $239.44 million. Warby Parker had a return on equity of 2.32% and a net margin of 0.15%.Warby Parker’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.03 EPS. As a group, analysts predict that Warby Parker Inc. will post 0.24 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on WRBY shares. Telsey Advisory Group increased their target price on shares of Warby Parker from $32.00 to $33.00 and gave the stock an “outperform” rating in a report on Friday. UBS Group lifted their price target on shares of Warby Parker from $25.00 to $27.00 and gave the company a “neutral” rating in a report on Friday. Citigroup upped their price objective on shares of Warby Parker from $18.00 to $24.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 17th. BTIG Research increased their price objective on shares of Warby Parker from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Weiss Ratings lowered shares of Warby Parker from a “hold (c-)” rating to a “sell (d)” rating in a research report on Monday, March 2nd. Ten analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $29.00.

About Warby Parker

Warby Parker, Inc (NYSE: WRBY) is a U.S.-based eyewear company that designs, manufactures and sells prescription glasses, sunglasses and contact lenses through a direct-to-consumer model. Since its founding, the company has combined online and brick-and-mortar channels to streamline the customer experience, offering features such as virtual try-on technology and a home try-on program that allows consumers to sample frames before purchase.

Established in 2010 by Wharton graduates Neil Blumenthal, Dave Gilboa, Andrew Hunt and Jeffrey Raider, Warby Parker set out to disrupt the traditional optical market by controlling the entire supply chain—from frame design and lens production to warehousing and distribution.