<div id="readability-page-1"><p>Warby Parker Inc. (NYSE:WRBY - Get Free Report) major shareholder D1 Capital Partners L.P. sold 5,500,000 shares of the business's stock in a transaction dated Friday, June 14th. The stock was sold at an average price of $15.66, for a total value of $86,130,000.00. Following the sale, the insider now owns 9,444,023 shares in the company, valued at $147,893,400.18. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available at this hyperlink. Major shareholders that own more than 10% of a company's shares are required to disclose their transactions with the SEC.</p><h2>Warby Parker Price Performance</h2><ul><li>Warby Parker Stock Is A High-Probability Candidate For A Short-Squeeze </li></ul><p>Shares of Warby Parker stock traded down $0.13 during trading hours on Tuesday, hitting $15.36. 890,028 shares of the company's stock traded hands, compared to its average volume of 1,288,719. Warby Parker Inc. has a 12-month low of $9.83 and a 12-month high of $17.95. The stock has a market capitalization of $1.52 billion, a price-to-earnings ratio of -32.98 and a beta of 1.85. The company has a fifty day simple moving average of $14.85 and a 200-day simple moving average of $13.70. </p><p>Warby Parker (NYSE:WRBY - Get Free Report) last announced its earnings results on Thursday, May 9th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.01. Warby Parker had a negative return on equity of 13.19% and a negative net margin of 7.89%. The firm had revenue of $200.00 million during the quarter, compared to analyst estimates of $196.25 million. On average, analysts forecast that Warby Parker Inc. will post -0.09 EPS for the current fiscal year. </p><h2>Analysts Set New Price Targets</h2><ul><li>Warby Parker is One For the Watchlist </li></ul><p>WRBY has been the topic of several analyst reports. Telsey Advisory Group reiterated an &#34;outperform&#34; rating and issued a $19.00 target price on shares of Warby Parker in a report on Thursday, May 9th. Morgan Stanley boosted their price target on Warby Parker from $13.00 to $14.00 and gave the company an &#34;equal weight&#34; rating in a research note on Friday, May 10th. Finally, UBS Group boosted their price target on Warby Parker from $13.00 to $15.00 and gave the company a &#34;neutral&#34; rating in a research note on Friday, May 10th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of &#34;Hold&#34; and a consensus target price of $16.50.</p><p><b>View Our Latest Analysis on WRBY</b></p><h2>Institutional Inflows and Outflows</h2><p>Large investors have recently added to or reduced their stakes in the stock. FMR LLC lifted its position in Warby Parker by 0.5% in the 3rd quarter. FMR LLC now owns 9,277,969 shares of the company's stock worth $122,098,000 after buying an additional 43,601 shares during the last quarter. Vanguard Group Inc. lifted its position in Warby Parker by 2.6% in the 1st quarter. Vanguard Group Inc. now owns 8,677,106 shares of the company's stock worth $118,095,000 after buying an additional 219,120 shares during the last quarter. Baillie Gifford &amp; Co. increased its stake in Warby Parker by 6.3% in the 4th quarter. Baillie Gifford &amp; Co. now owns 6,430,452 shares of the company's stock worth $90,669,000 after purchasing an additional 378,781 shares during the period. TimesSquare Capital Management LLC increased its stake in Warby Parker by 149.4% in the 1st quarter. TimesSquare Capital Management LLC now owns 1,687,750 shares of the company's stock worth $22,970,000 after purchasing an additional 1,011,030 shares during the period. Finally, Scopia Capital Management LP increased its stake in Warby Parker by 781.3% in the 3rd quarter. Scopia Capital Management LP now owns 1,590,744 shares of the company's stock worth $20,934,000 after purchasing an additional 1,410,243 shares during the period. Institutional investors own 93.24% of the company's stock. </p><h2>About Warby Parker</h2> (Get Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Warby Parker</li><li>Most Volatile Stocks, What Investors Need to Know</li><li>Occidental Stock: Buffett's 9-Day Buying Spree Lifts Stake to 29%</li><li>The Significance of Brokerage Rankings in Stock Selection</li><li>3M Stock: Invest Now for Unmatched Quality and Growth Potential</li><li>5 Top Rated Dividend Stocks to Consider</li><li>Super Micro AI Stock: Should You Invest After a 275% Increase?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdSQlk?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdSQlk"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. 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WRBY

<p>D1 Capital Partners L.P. sold 5,500,000 shares of Warby Parker stock for $86,130,000. Major shareholders are required to disclose their sales. The stock has a 12-month low of $9.83 and a high of $17.95. Analysts have given a consensus rating of "Hold" with a target price of $16.50. Institutional investors own 93.24% of the company's stock. Warby Parker Inc. provides eyewear products in the US and Canada.</p>

D1 Capital Partners L.P. Sells 5,500,000 Shares of Warby Parker Inc. (NYSE:WRBY) Stock