Warby Parker Inc. $WRBY Shares Purchased by Kornitzer Capital Management Inc. KS

Posted by Geri Gentry on Nov 8th, 2026

Kornitzer Capital Management Inc. KS increased its holdings in Warby Parker Inc. (NYSE:WRBY – Free Report) by 52.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 263,415 shares of the company’s stock after purchasing an additional 90,185 shares during the period. Kornitzer Capital Management Inc. KS’s holdings in Warby Parker were worth $7,318,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC boosted its holdings in Warby Parker by 105.7% during the first quarter. EverSource Wealth Advisors LLC now owns 1,310 shares of the company’s stock valued at $28,000 after purchasing an additional 673 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Warby Parker by 53.7% in the 3rd quarter. GAMMA Investing LLC now owns 1,339 shares of the company’s stock valued at $37,000 after purchasing an additional 468 shares during the period. Parallel Advisors LLC grew its stake in shares of Warby Parker by 110.7% in the 1st quarter. Parallel Advisors LLC now owns 1,837 shares of the company’s stock valued at $39,000 after purchasing an additional 965 shares during the period. Essential Partners LLC raised its holdings in shares of Warby Parker by 44.2% in the 1st quarter. Essential Partners LLC now owns 2,570 shares of the company’s stock worth $54,000 after buying an additional 788 shares in the last quarter. Finally, Sterling Capital Management LLC raised its holdings in shares of Warby Parker by 839.3% in the 3rd quarter. Sterling Capital Management LLC now owns 3,419 shares of the company’s stock worth $95,000 after buying an additional 3,055 shares in the last quarter. Institutional investors own 93.24% of the company’s stock.

Warby Parker Trading Down 1.7%

Shares of Warby Parker stock opened at $25.63 on Friday. The stock has a market capitalization of $2.77 billion, a price-to-earnings ratio of 427.25, a P/E/G ratio of 8.34 and a beta of 1.95. Warby Parker Inc. has a 1-year low of $16.26 and a 1-year high of $31.00. The firm’s 50-day moving average price is $24.91 and its two-hundred day moving average price is $25.12.

Warby Parker (NYSE:WRBY – Get Free Report) last posted its quarterly earnings data on Thursday, November 5th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.05). Warby Parker had a return on equity of 3.36% and a net margin of 0.80%. The firm had revenue of $244.74 million for the quarter, compared to analyst estimates of $244.92 million. During the same period in the previous year, the business posted $0.05 EPS. The business’s quarterly revenue was up 10.4% on a year-over-year basis. As a group, equities research analysts predict that Warby Parker Inc. will post 0.12 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Citizens Jmp raised their target price on Warby Parker from $29.00 to $40.00 and gave the stock a “market outperform” rating in a research report on Friday. Deutsche Bank Aktiengesellschaft set a $29.00 price target on Warby Parker in a research report on Thursday, September 17th. Citigroup reiterated a “market outperform” rating on shares of Warby Parker in a research report on Thursday, September 17th. BTIG Research reiterated a “buy” rating on shares of Warby Parker in a research note on Tuesday, October 27th. Finally, UBS Group lifted their price objective on Warby Parker from $28.00 to $32.00 and gave the company a “neutral” rating in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $31.42.

Read Our Latest Analysis on Warby Parker

Key Stories Impacting Warby Parker

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

Positive Sentiment: Citizens JMP raised its price target to $40 from $29 and reiterated “market outperform.” The new target implies about 56% upside from the $25.63 reference price. Citizens JMP rating
Positive Sentiment: Management signaled 15%–20% revenue growth for Q4 and expects deliveries of its new Intelligent Eyewear to begin in mid-December, providing a possible growth driver. Q4 growth outlook and Intelligent Eyewear
Positive Sentiment: Q3 revenue rose 10.4% year over year to $244.7 million, with active customers up 3% to 2.74 million, average revenue per customer up 6.7%, and gross margin improving to 54.4%. These trends support the growth narrative. Q3 results
Neutral Sentiment: One report noted WRBY moved above its 200-day moving average, a potentially supportive technical signal, although it does not resolve the earnings concerns. Moving-average report
Negative Sentiment: Profit results were less clear and may weigh on sentiment. The supplied earnings data shows $0.04 per share versus a $0.09 consensus estimate, while another report cited $0.11 and a beat—likely reflecting different earnings measures. Revenue was approximately in line with estimates. Q3 metrics comparison
Negative Sentiment: Coverage also flagged substantial spending ahead, which could limit near-term profitability even as Warby Parker expands stores and product lines. Q3 spending outlook

Insider Buying and Selling

In related news, CEO Neil Blumenthal sold 100,000 shares of the stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $27.69, for a total transaction of $2,769,000.00. Following the sale, the chief executive officer directly owned 36,020 shares in the company, valued at $997,393.80. This represents a 73.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 16.80% of the stock is currently owned by company insiders.

Warby Parker Company Profile

(Free Report)

Warby Parker Inc is an optical retailer that designs, manufactures and sells prescription eyeglasses, sunglasses, contact lenses and related accessories. The company offers its products through its website, mobile applications and a growing network of retail stores, combining online shopping with in-person services such as frame fitting and eye examinations.

Founded in 2010 by Neil Blumenthal, Dave Gilboa, Andrew Hunt and Jeffrey Raider, Warby Parker was established as a direct-to-consumer eyewear company.