Intel stock spikes after report of possible US government stake
Director Teresa Briggs of Warby Parker Inc. (NASDAQ:WRBY) sold 6,000 shares of Class A Common Stock on August 11, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $23.56, for a total transaction value of $141,360. The stock, currently trading at $26.81, has shown remarkable strength with a 110% gain over the past year. According to InvestingPro analysis, the stock’s RSI indicates overbought conditions.
Following the transaction, Briggs directly owns 44,879 shares of Warby Parker . She also indirectly owns 15,969 shares through The Teresa Briggs Trust. The eyewear company, now valued at approximately $3 billion, trades at significant premiums with a Price/Book ratio of 9x. For deeper insights into insider trading patterns and comprehensive valuation metrics, InvestingPro subscribers can access the detailed Pro Research Report.
In other recent news, Warby Parker reported its second-quarter 2025 financial results, showing a revenue increase to $214.5 million, which exceeded forecasts of $212.94 million. However, the company experienced a loss per share of $0.01, falling short of the expected earnings per share (EPS) of $0.08, marking a negative surprise of 112.5%. Despite this, the revenue figures were slightly above the high-end of guidance by approximately $0.5 million, and EBITDA exceeded expectations by $3 million, representing a 14% beat. In response to these results, BTIG raised its price target for Warby Parker to $28.00 from $24.00, maintaining a Buy rating, citing significant upside in general and administrative expense leverage. Stifel also adjusted its price target to $22.00 from $21.00, maintaining a Hold rating, due to improved outlooks following strong new customer acquisition and adjusted SG&A leverage. Meanwhile, Citizens JMP reiterated a Market Perform rating on the stock. These developments reflect a mixed but generally positive investor sentiment towards Warby Parker’s recent performance.
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