Warby Parker (NYSE:WRBY) Director Teresa Briggs Sells 5,000 Shares of Stock

Posted by Francis Steltz on Jun 19th, 2026

Warby Parker Inc. (NYSE:WRBY – Get Free Report) Director Teresa Briggs sold 5,000 shares of the company’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $25.94, for a total transaction of $129,700.00. Following the transaction, the director owned 48,883 shares in the company, valued at $1,268,025.02. The trade was a 9.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Warby Parker Trading Up 7.1%

WRBY stock opened at $25.95 on Friday. The firm has a 50 day moving average of $24.69 and a 200-day moving average of $24.50. The company has a market cap of $2.78 billion, a price-to-earnings ratio of 1,298.00 and a beta of 1.96. Warby Parker Inc. has a 12-month low of $14.96 and a 12-month high of $31.00.

Warby Parker (NYSE:WRBY – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.08). Warby Parker had a return on equity of 2.30% and a net margin of 0.15%.The firm had revenue of $242.45 million during the quarter, compared to analyst estimates of $239.44 million. During the same quarter in the prior year, the company earned $0.03 EPS. The business’s revenue was up 8.4% on a year-over-year basis. Sell-side analysts forecast that Warby Parker Inc. will post 0.19 earnings per share for the current fiscal year.

Analysts Set New Price Targets

WRBY has been the subject of a number of research analyst reports. BTIG Research raised their price target on Warby Parker from $32.00 to $34.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Citigroup reissued a “market outperform” rating on shares of Warby Parker in a research note on Friday, May 22nd. Telsey Advisory Group raised their target price on shares of Warby Parker from $32.00 to $33.00 and gave the company an “outperform” rating in a report on Friday, May 8th. UBS Group lifted their target price on shares of Warby Parker from $25.00 to $27.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of Warby Parker in a report on Tuesday, May 19th. Nine investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Warby Parker has an average rating of “Moderate Buy” and a consensus price target of $29.50.

View Our Latest Research Report on WRBY

Hedge Funds Weigh In On Warby Parker

A number of institutional investors have recently modified their holdings of WRBY. First Horizon Corp grew its stake in Warby Parker by 96.7% in the 4th quarter. First Horizon Corp now owns 1,210 shares of the company’s stock worth $26,000 after acquiring an additional 595 shares during the period. EverSource Wealth Advisors LLC raised its holdings in Warby Parker by 105.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,310 shares of the company’s stock valued at $28,000 after acquiring an additional 673 shares during the last quarter. Eagle Bay Advisors LLC purchased a new position in shares of Warby Parker during the 4th quarter worth $35,000. Farther Finance Advisors LLC lifted its stake in shares of Warby Parker by 41.4% during the 4th quarter. Farther Finance Advisors LLC now owns 1,687 shares of the company’s stock worth $37,000 after purchasing an additional 494 shares during the period. Finally, Parallel Advisors LLC boosted its holdings in shares of Warby Parker by 110.7% during the first quarter. Parallel Advisors LLC now owns 1,837 shares of the company’s stock worth $39,000 after purchasing an additional 965 shares during the last quarter. Institutional investors and hedge funds own 93.24% of the company’s stock.

Warby Parker Company Profile

(Get Free Report)

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.