Principal Financial Group Inc. significantly reduced its stake in Warby Parker Inc. (NYSE:WRBY) by 92.9% in Q3, now holding 7,523 shares valued at approximately $207,000. Despite recent insider selling, including a large transaction by CEO Neil Blumenthal, insiders still retain 18.24% ownership. Wall Street analysts currently give Warby Parker a “Moderate Buy” consensus rating with a target price of $27.83.
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Principal Financial Group Inc. Has $207,000 Stake in Warby Parker Inc. $WRBY
Principal Financial Group Inc. significantly reduced its stake in Warby Parker Inc. (NYSE:WRBY) by 92.9% in Q3, now holding 7,523 shares valued at approximately $207,000. Despite recent insider selling, including a large transaction by CEO Neil Blumenthal, insiders still retain 18.24% ownership. Wall Street analysts currently give Warby Parker a “Moderate Buy” consensus rating with a target price of $27.83.