New insider activity at First Watch Restaurant Group ( (FWRG) ) has taken place on September 10, 2025.
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Advent International Corp Ma, a significant shareholder, has sold 4,400,000 shares of First Watch Restaurant Group stock, amounting to a total sale value of $77,748,000.
Recent Updates on FWRG stock
In the last 24 hours, First Watch Restaurant Group has seen significant developments, including a $78.3 million block trade priced at $17.80. The company completed a share sale agreement with Barclays, and a spot secondary offering of 5 million shares was priced at $17.90. Analysts have raised the price target for First Watch Restaurant, with Benchmark increasing it to $24 from $22 and Stephens raising it to $24 from $23. These changes are attributed to the successful share sale and secondary offering, which indicate strong market confidence and potential for growth in the company’s stock value.
Spark’s Take on FWRG Stock
According to Spark, TipRanks’ AI Analyst, FWRG is a Neutral.
First Watch Restaurant Group’s overall score is driven by strong earnings call performance and positive financial growth. However, high valuation concerns and technical indicators suggest caution. The company’s ability to manage debt and improve cash flow will be crucial for future performance.
To see Spark’s full report on FWRG stock, click here.
More about First Watch Restaurant Group
YTD Price Performance: -7.13%
Average Trading Volume: 1,014,206
Technical Sentiment Signal: Hold
Current Market Cap: $1.11B