Wall St futures flat amid US-China trade jitters; bank earnings in focus
David Abraham Gilboa, Co-Chief Executive Officer of Warby Parker Inc. (NASDAQ:WRBY), sold 41,040 shares of Class A Common Stock on September 11, 2025. The sales were executed at a price of $27.53, for a total value of $1.13 million. Prices ranged from $27.50 to $27.59. The transaction comes as WRBY shares have shown strong momentum, delivering an 82% return over the past year, with the stock currently trading near its 52-week high of $29.73.
On the same day, Gilboa also acquired 41,040 shares of Class A Common Stock through the conversion of Class B Common Stock, at a price of $0. According to InvestingPro analysis, WRBY currently trades above its Fair Value, with analyst price targets ranging from $20 to $30. Get access to 12+ exclusive ProTips and comprehensive valuation metrics with InvestingPro.
In other recent news, Warby Parker reported its second-quarter 2025 results, showing a revenue increase to $214.5 million, which surpassed forecasts of $212.94 million. Despite the revenue growth, the company posted a loss per share of $0.01, missing the expected earnings per share of $0.08. This earnings miss resulted in a negative surprise of 112.5%. Following this, BTIG raised its price target on Warby Parker to $28.00 from $24.00, maintaining a Buy rating due to the company’s strong revenue momentum and administrative expense leverage. Stifel also adjusted its price target for Warby Parker, increasing it to $22.00 from $21.00 while keeping a Hold rating, citing improved outlook from the first-quarter performance. Meanwhile, Citizens JMP reiterated a Market Perform rating after Warby Parker’s Q2 revenue and EBITDA exceeded the high-end of guidance. Additionally, Steven Miller, Warby Parker’s CFO, will join Monumental Sports & Entertainment as Executive Vice President and CFO, effective October 2, 2025.
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