Warby Parker (NYSE:WRBY) Stock Falls 5.1% Following Insider Selling

Posted by Brenda Bartman on Oct 7th, 2026

Shares of Warby Parker Inc. (NYSE:WRBY – Get Free Report) fell 5.1% on Monday following insider selling activity. The stock traded as low as $25.58 and last traded at $25.66. Approximately 509,002 shares were traded during mid-day trading, a decline of 84% from the average daily volume of 3,087,230 shares. The stock had previously closed at $27.03.

Specifically, CEO Neil Blumenthal sold 100,000 shares of the firm’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $27.69, for a total value of $2,769,000.00. Following the transaction, the chief executive officer owned 36,020 shares in the company, valued at approximately $997,393.80. This trade represents a 73.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on WRBY. Weiss Ratings lowered shares of Warby Parker from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, September 25th. Citigroup reissued a “market outperform” rating on shares of Warby Parker in a research note on Thursday, September 17th. BTIG Research restated a “buy” rating on shares of Warby Parker in a research report on Friday, August 14th. Citizens Jmp dropped their price objective on shares of Warby Parker from $30.00 to $29.00 and set a “market outperform” rating for the company in a research note on Friday, August 7th. Finally, Roth Capital reaffirmed a “neutral” rating and set a $28.00 price objective on shares of Warby Parker in a research note on Wednesday, August 5th. Six equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $30.00.

Check Out Our Latest Report on Warby Parker

Warby Parker Trading Down 1.4%

The company has a fifty day simple moving average of $25.70 and a 200-day simple moving average of $25.28. The company has a market capitalization of $2.84 billion, a PE ratio of 375.39, a PEG ratio of 7.22 and a beta of 1.89.

Warby Parker (NYSE:WRBY – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.06). The company had revenue of $235.51 million during the quarter, compared to analyst estimates of $237.98 million. Warby Parker had a return on equity of 3.36% and a net margin of 0.85%.The firm’s revenue was up 9.6% compared to the same quarter last year. During the same period last year, the business earned ($0.01) earnings per share. On average, equities analysts predict that Warby Parker Inc. will post 0.14 EPS for the current fiscal year.

Institutional Investors Weigh In On Warby Parker

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vaughan Nelson Investment Management L.P. boosted its holdings in Warby Parker by 31.3% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 3,028,307 shares of the company’s stock valued at $63,806,000 after purchasing an additional 722,627 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Warby Parker by 10.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,722,577 shares of the company’s stock worth $36,291,000 after buying an additional 166,235 shares during the last quarter. Ranger Investment Management L.P. acquired a new stake in shares of Warby Parker during the 2nd quarter worth approximately $30,949,000. Bank of America Corp DE raised its position in shares of Warby Parker by 30.9% during the 1st quarter. Bank of America Corp DE now owns 1,377,646 shares of the company’s stock valued at $29,027,000 after buying an additional 325,250 shares during the period. Finally, Atreides Management LP raised its position in shares of Warby Parker by 74.8% during the 1st quarter. Atreides Management LP now owns 686,995 shares of the company’s stock valued at $14,475,000 after buying an additional 293,910 shares during the period. 93.24% of the stock is currently owned by institutional investors and hedge funds.

Warby Parker Company Profile

(Get Free Report)

Warby Parker Inc is an omnichannel eyewear company that designs, produces, and sells prescription eyeglasses, sunglasses, contact lenses, and related vision-care products. The company serves customers through its e-commerce platform, retail stores, and other direct-to-consumer channels, offering products under its Warby Parker brand.

Founded in 2010 by Neil Blumenthal, Dave Gilboa, Andrew Hunt, and Jeffrey Raider, Warby Parker began as an online eyewear retailer and later expanded its physical retail presence.