102,009 Shares in Warby Parker Inc. $WRBY Purchased by CenterBook Partners LP

Key Points

• CenterBook Partners LP acquired 102,009 Warby Parker shares in the third quarter, worth approximately $2.83 million; institutional investors collectively own 93.24% of the company.
• Warby Parker’s third-quarter revenue increased 10.4% year over year to $244.7 million, roughly in line with expectations, but reported EPS of $0.04 fell short of the $0.09 consensus estimate. Management indicated 15%–20% revenue growth for Q4.
• Analyst views are mixed but lean positive: MarketBeat’s consensus rating is “Moderate Buy,” with a $31.42 average price target. Citizens JMP raised its target to $40, while other firms maintain a range of ratings.

CenterBook Partners LP acquired a new position in Warby Parker Inc. (NYSE:WRBY - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 102,009 shares of the company's stock, valued at approximately $2,834,000. CenterBook Partners LP owned approximately 0.09% of Warby Parker as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Dimensional Fund Advisors LP raised its holdings in shares of Warby Parker by 10.7% in the first 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 position in shares of Warby Parker in the 2nd quarter valued at $30,949,000. Bank of America Corp DE raised its stake in Warby Parker by 30.9% in the 1st quarter. Bank of America Corp DE now owns 1,377,646 shares of the company's stock worth $29,027,000 after acquiring an additional 325,250 shares during the last quarter. Simplify Asset Management Inc. raised its stake in Warby Parker by 6.9% in the 3rd quarter. Simplify Asset Management Inc. now owns 627,337 shares of the company's stock worth $17,427,000 after acquiring an additional 40,271 shares during the last quarter. Finally, Atreides Management LP raised its stake in Warby Parker by 74.8% in the 1st quarter. Atreides Management LP now owns 686,995 shares of the company's stock worth $14,475,000 after acquiring an additional 293,910 shares during the last quarter. Hedge funds and other institutional investors own 93.24% of the company's stock.

Insider Activity at Warby Parker

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

Warby Parker Stock Performance

Shares of WRBY opened at $25.63 on Friday. The business's 50-day moving average is $24.91 and its two-hundred day moving average is $25.12. The company has a market capitalization of $2.77 billion, a P/E ratio of 427.25, a P/E/G ratio of 8.34 and a beta of 1.95. Warby Parker Inc. has a fifty-two week low of $16.26 and a fifty-two week high of $31.00.

Warby Parker (NYSE:WRBY - Get Free Report) last issued its earnings results on Thursday, November 5th. The company reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.09 by ($0.05). Warby Parker had a return on equity of 3.36% and a net margin of 0.80%. The company had revenue of $244.74 million during the quarter, compared to analysts' expectations of $244.92 million. During the same quarter in the previous year, the company earned $0.05 EPS. The firm's quarterly revenue was up 10.4% compared to the same quarter last year. Analysts forecast that Warby Parker Inc. will post 0.12 EPS for the current year.

Warby Parker News Roundup

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

Wall Street Analyst Weigh In

WRBY has been the topic of several research analyst reports. Weiss Ratings downgraded Warby Parker from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Friday, October 23rd. The Goldman Sachs Group reissued a "buy" rating and issued a $32.00 price objective on shares of Warby Parker in a report on Friday. UBS Group raised their price objective on Warby Parker from $28.00 to $32.00 and gave the stock a "neutral" rating in a research note on Friday. BTIG Research reaffirmed a "buy" rating on shares of Warby Parker in a report on Tuesday, October 27th. Finally, Deutsche Bank Aktiengesellschaft set a $29.00 target price on Warby Parker in a research report on Thursday, September 17th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Warby Parker has a consensus rating of "Moderate Buy" and a consensus target price of $31.42.

Warby Parker Company Profile

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.

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