<div id="readability-page-1"><p><span>Warby Parker (NYSE:WRBY - Get Free Report)</span> was upgraded by equities research analysts at JMP Securities from a &#34;market perform&#34; rating to an &#34;outperform&#34; rating in a research report issued to clients and investors on Friday, MarketBeat Ratings reports. The brokerage presently has a $20.00 target price on the stock. JMP Securities' price objective would indicate a potential upside of 44.30% from the company's current price.</p><ul><li>Warby Parker Stock Is A High-Probability Candidate For A Short-Squeeze </li></ul><p>Several other equities analysts also recently issued reports on the company. UBS Group boosted their price objective on Warby Parker from $13.00 to $15.00 and gave the stock a &#34;neutral&#34; rating in a research report on Friday, May 10th. Morgan Stanley increased their price target on Warby Parker from $13.00 to $14.00 and gave the stock an &#34;equal weight&#34; rating in a research note on Friday, May 10th. Telsey Advisory Group restated an &#34;outperform&#34; rating and set a $19.00 price objective on shares of Warby Parker in a research note on Thursday, August 8th. Loop Capital upped their price objective on shares of Warby Parker from $15.00 to $16.00 and gave the stock a &#34;hold&#34; rating in a report on Wednesday, July 10th. Finally, Stifel Nicolaus raised their target price on shares of Warby Parker from $14.00 to $15.00 and gave the company a &#34;hold&#34; rating in a research note on Friday, August 9th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Warby Parker presently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $17.11.</p><p><b>Check Out Our Latest Analysis on WRBY</b></p><h2>Warby Parker Price Performance</h2><ul><li>Warby Parker is One For the Watchlist </li></ul><p>Shares of NYSE WRBY opened at $13.86 on Friday. The firm has a market capitalization of $1.37 billion, a PE ratio of -29.49 and a beta of 1.82. Warby Parker has a 1-year low of $9.83 and a 1-year high of $17.95. The business's fifty day moving average price is $15.38 and its two-hundred day moving average price is $14.48. </p><h2>Insider Transactions at Warby Parker</h2><p>In related news, CEO Neil Harris Blumenthal sold 76,582 shares of the stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of $16.65, for a total transaction of $1,275,090.30. Following the completion of the sale, the chief executive officer now directly owns 12,177 shares of the company's stock, valued at $202,747.05. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, Director Bradley E. Singer purchased 50,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 13th. The stock was acquired at an average price of $13.00 per share, for a total transaction of $650,000.00. Following the transaction, the director now directly owns 100,000 shares of the company's stock, valued at approximately $1,300,000. The acquisition was disclosed in a document filed with the Securities &amp; Exchange Commission, which is accessible through this hyperlink. Also, CEO Neil Harris Blumenthal sold 76,582 shares of the business's stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $16.65, for a total value of $1,275,090.30. Following the sale, the chief executive officer now owns 12,177 shares in the company, valued at approximately $202,747.05. The disclosure for this sale can be found here. Insiders have sold 5,848,537 shares of company stock valued at $91,938,722 in the last quarter. Insiders own 26.55% of the company's stock. </p><h2>Institutional Inflows and Outflows</h2><p>Several institutional investors have recently made changes to their positions in the company. Algert Global LLC boosted its stake in Warby Parker by 81.8% in the 2nd quarter. Algert Global LLC now owns 40,346 shares of the company's stock worth $648,000 after purchasing an additional 18,154 shares during the period. Driehaus Capital Management LLC boosted its position in shares of Warby Parker by 43.9% in the second quarter. Driehaus Capital Management LLC now owns 806,501 shares of the company's stock worth $12,952,000 after buying an additional 246,011 shares during the period. The Manufacturers Life Insurance Company grew its holdings in shares of Warby Parker by 7.2% during the second quarter. The Manufacturers Life Insurance Company now owns 44,667 shares of the company's stock valued at $717,000 after buying an additional 3,007 shares in the last quarter. Millennium Management LLC raised its position in Warby Parker by 26.6% during the second quarter. Millennium Management LLC now owns 299,151 shares of the company's stock valued at $4,804,000 after buying an additional 62,865 shares during the period. Finally, Maverick Capital Ltd. purchased a new stake in Warby Parker in the 2nd quarter worth about $1,465,000. 93.24% of the stock is owned by hedge funds and other institutional investors. </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>Further Reading</h2><ul><li>Five stocks we like better than Warby Parker</li><li>Dividend Payout Ratio Calculator</li><li>Analog Devices Sends Signal to Market: Growth Will Return</li><li>How to Invest in Tech Stocks and Top Tech Stocks to Consider</li><li>Synopsys: Looking to Stay Ahead of Industry Trends after Solid Q3</li><li>Stock Ratings and Recommendations: Understanding Analyst Ratings</li><li>Willams-Sonoma Completes Stock Split: Buy It on the Dip</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdSQlk?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.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. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><p>→ “Pre-programmed” stock crash? <span><span>(From Altimetry)</span> <span>(Ad)</span></span><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05MjMw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" height="1" width="1" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05MjMw"/></p><h2>Should you invest $1,000 in Warby Parker right now?</h2><p>Before you consider Warby Parker, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Warby Parker wasn't on the list.</p><p>While Warby Parker currently has a &#34;Hold&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p> </div>

WRBY

<p>JMP Securities has upgraded Warby Parker (NYSE: WRBY) from a "market perform" to an "outperform" rating, setting a price target indicating a potential upside of 44.30%. Multiple analysts have recently adjusted their price objectives, reflecting a consensus rating of "Moderate Buy" with an average target of $11.11. Warby Parker shares opened at $7.86, with a market cap of $1.37 billion and a PE ratio of -29.49. Insider trading activity includes significant share sales by CEO Neil Blumenthal and purchases by Director Bradley E. Singer.</p>

JMP Securities Upgrades Warby Parker (NYSE:WRBY) to "Outperform"