First Watch Restaurant Group Inc (FWRG) Trading 5.92% Higher on Apr 6
First Watch Restaurant Group Inc (FWRG) saw its shares surge by 5.92% on April 6, reaching an intraday high of $11.40 before closing at $11.39. This places the stock significantly below its 52-week high but above its 52-week low. Analysts have an average target price of $19.50 for FWRG, implying a substantial upside from its current price, with a consensus "Outperform" recommendation.
FWRG Technical Analysis & Stock Price Forecast
This article provides a technical analysis and stock price forecast for First Watch Restaurant Group Inc (FWRG). As of April 1, 2026, the overall technical sentiment for FWRG is a "Strong Sell," based on a combination of moving averages and oscillator indicators. The stock is currently trading at $10.94, below its 20-day, 60-day, and 200-day simple moving averages, with key support at $10.009 and resistance at $12.553.
FWRG Financials: Revenue Breakdown, Margins & Competitor Comparison
This article provides a financial overview of First Watch Restaurant Group Inc (FWRG), detailing its revenue breakdown, profitability margins, and a comparison with competitors. FWRG maintains a gross margin of 55.72%, with an operating margin of 3.17% and a net margin of 4.79%. The company's financial health is benchmarked against industry leaders like BRCB and CBRL, highlighting its market capitalization and efficiency metrics.
[SCHEDULE 13G] First Watch Restaurant Group, Inc. Passive Investment Disclosure (>5%)
A Schedule 13G filing reveals that a group led by Millennium affiliates and Israel A. Englander holds shared voting and dispositive power over approximately 3.07 million shares of First Watch Restaurant Group, Inc. (FWRG). This represents 5.0% of the company's Common Stock. The filing, dated March 30, 2026, emphasizes that while the group has shared control, it does not necessarily claim direct beneficial ownership, with shares held by entities under Millennium's investment discretion.
(FWRG) and the Role of Price-Sensitive Allocations
This article provides an AI-generated analysis of First Watch Restaurant Group Inc. (NASDAQ: FWRG), indicating weak sentiment across all time horizons supporting a short bias. It outlines institutional trading strategies including position trading, momentum breakout, and risk hedging, along with multi-timeframe signal analysis and support/resistance levels.
First Watch Restaurant Group (FWRG) price target decreased by 12.09% to 19.89
This article reports a 12.09% decrease in the price target for First Watch Restaurant Group (FWRG), bringing it down to $19.89. No further details about the reasons behind this adjustment or the analyst responsible are provided in the current text.
First Watch Restructures Operations After COO Departure
First Watch Restaurant Group (FWRG) has restructured its operations leadership following the termination of its Chief Operations Officer, Dan Jones, on March 27, 2026. This move centralizes operations leadership under the President and CEO. Analysts currently rate FWRG as a Hold with a $10.50 price target, while TipRanks' AI Analyst, Spark, assigns a Neutral score due to mixed financial quality and weak technicals, despite a positive earnings outlook.
According to the latest disclosure from the U.S. Securities and Exchange Commission (SEC), First Watch Restaurant Group, Inc., as part of the company's restructuring plan, officially terminated the position of Chief Operating Officer Dan Jones on March 27, 20
First Watch Restaurant Group, Inc. terminated Chief Operating Officer Dan Jones on March 27, 2026, as part of a restructuring plan, according to an SEC filing. This personnel change signals a potential shift in the company's strategic direction and an upgrade in operational efficiency within a competitive catering industry. SEC disclosure ensures transparency for investors regarding major corporate decisions.
First Watch Restaurant Group (FWRG) price target decreased by 12.09% to 19.89
This article reports that the price target for First Watch Restaurant Group (FWRG) has been decreased by 12.09%, bringing it down to $19.89. No further details are available in the provided content.
Vanguard disaggregates holdings; reporting entity shows 0 shares (FWRG)
The Vanguard Group has filed an amended Schedule 13G/A for First Watch Restaurant Group Inc (FWRG), reporting 0 shares beneficially owned and 0% of common stock. This change follows an internal realignment as of January 12, 2026, where certain Vanguard subsidiaries and business divisions will now report their ownership separately, in reliance on SEC Release No. 34-39538. Ashley Grim, Head of Global Fund Administration, signed the filing dated March 26, 2026, indicating that the reporting entity for The Vanguard Group no longer holds beneficial ownership over FWRG shares.
First Watch (NASDAQ: FWRG) ends COO role and shifts operations to CEO
First Watch Restaurant Group (FWRG) announced the termination of its Chief Operations Officer, Dan Jones, as part of a restructuring where operations leadership will now report directly to the President and CEO. This strategic shift consolidates operational oversight at the top executive level, signaling a potential change in managing day-to-day operations for the multi-unit restaurant business. The company thanked Mr. Jones for his contributions during a "transformational period," framing the move as structural rather than performance-related.
First Watch terminates COO Dan Jones amid operations leadership restructure
First Watch (FWRG) has terminated its Chief Operations Officer, Dan Jones, as part of an operations leadership restructuring that became effective on March 27, 2026. The company stated that operations leadership will now report directly to the President and Chief Executive Officer, and thanked Mr. Jones for his contributions. This information is based on an SEC filing.
Riverbridge Partners LLC Reduces Position in First Watch Restaurant Group, Inc. $FWRG
Riverbridge Partners LLC reduced its stake in First Watch Restaurant Group, Inc. (NASDAQ:FWRG) by 7.8% in Q4 2025, selling over 92,000 shares and now holding 1.09 million shares valued at $16.53 million. Despite this reduction, First Watch Restaurant Group reported strong Q4 earnings, beating EPS estimates, and analysts maintain a "Moderate Buy" rating with a consensus price target of $19.75. Insider selling has occurred recently, including transactions by the CEO, though institutional ownership remains high at 96.11%.
According to the latest disclosure from the U.S. Securities and Exchange Commission (SEC), First Watch Restaurant Group, Inc., as part of the company's restructuring plan, officially terminated the position of Chief Operating Officer Dan Jones on March 27, 20
First Watch Restaurant Group, Inc. terminated Chief Operating Officer Dan Jones on March 27, 2026, as part of a company restructuring plan. This executive change, disclosed by the SEC, indicates a potential shift in strategy or operational efficiency efforts for the catering group. The move is expected to introduce new management perspectives and business growth opportunities amid fierce industry competition.
If You Invested $1,000 in First Watch Restaurant Group, Inc. (FWRG)
This article analyzes the historical performance of an imagined $1,000 investment in First Watch Restaurant Group, Inc. (FWRG). It shows that such an investment made 1, 5, or 10 years ago would have resulted in significant losses, with FWRG underperforming the S&P 500. The piece also provides a detailed overview of First Watch Restaurant Group, Inc., highlighting its business model as a daytime dining concept, operational emphasis on fresh ingredients, community engagement, and recent growth metrics.
H Melville Hope III Sells 3,878 Shares of First Watch Restaurant Group (NASDAQ:FWRG) Stock
H. Melville Hope III, CFO of First Watch Restaurant Group (NASDAQ:FWRG), sold 3,878 shares on March 17th for about $48,553, reducing his stake by 3.35%. This follows another sale of 7,358 shares on March 10th. Despite the insider selling and the stock trading below its moving averages, First Watch beat quarterly EPS estimates, and analysts maintain a "Moderate Buy" rating with a consensus price target of $19.75.
First Watch Restaurant Group (NASDAQ:FWRG) Insider Sells $21,246.44 in Stock
First Watch Restaurant Group (NASDAQ:FWRG) insider John Daniel Jones sold 1,697 shares of stock for $21,246.44 on March 17th, adding to a previous sale of 4,600 shares on March 10th. Despite the insider selling, institutional investors and hedge funds own 96.11% of the company's stock, and analysts maintain a "Moderate Buy" rating with an average target price of $19.75. The company recently reported Q4 2025 earnings of $0.24 EPS, significantly beating the consensus estimate of $0.08, with revenue up 20.2% year-over-year.
First Watch (NASDAQ: FWRG) CFO reports mandatory 3,878-share sell-to-cover trade
First Watch Restaurant Group (NASDAQ: FWRG) CFO Hope H. Melville III reported a mandatory sale of 3,878 shares of common stock. This "sell-to-cover" transaction, which occurred on March 17, 2026, at a weighted average price of $12.52 per share, was to cover tax withholding obligations associated with vested restricted stock units and was not a discretionary trade. Following the sale, Melville directly holds 111,787 shares of First Watch common stock.
First Watch (NASDAQ: FWRG) CPO has 1,697 shares sold to cover RSU taxes
First Watch Restaurant Group's Chief People Officer, Laura Anne Sorensen, sold 1,697 shares of common stock on March 17, 2026, at a weighted average price of $12.52 per share. This sale was a mandatory "sell-to-cover" transaction to fulfill tax withholding obligations connected with the vesting of restricted stock units (RSUs), not a discretionary trade. Following this transaction, Sorensen directly holds 237,353 shares.
First Watch (NASDAQ: FWRG) CDO has mandatory tax-related share sale
First Watch Restaurant Group's Chief Development Officer, Eric Richard Hartman, had 1,819 shares of common stock sold on his behalf at a weighted average price of $12.52 per share. These sales were mandatory, executed by the issuer to cover tax withholding obligations associated with the vesting of restricted stock units, and were not discretionary trades by Hartman. Following these transactions, Hartman directly holds 244,530 shares of First Watch common stock.
Tax-related share sale by First Watch (FWRG) chief legal officer
First Watch Restaurant Group's Chief Legal Officer, Jay Anthony Wolszczak, reported a tax-related sale of 3,161 shares of common stock. These shares were sold by the company on his behalf to cover required tax withholding due to restricted stock unit vesting and were not a discretionary trade. Following this transaction, Wolszczak still holds 228,930 shares of First Watch common stock.
Responsive Playbooks and the FWRG Inflection
This article from Stock Traders Daily discusses First Watch Restaurant Group Inc. (FWRG), highlighting strong near-term sentiment but persistent mid and long-term weakness. It identifies elevated downside risk and presents three AI-generated institutional trading strategies: Position Trading, Momentum Breakout, and Risk Hedging, along with multi-timeframe signal analysis for support and resistance levels.
First Watch Restaurant Group, Inc. (FWRG) earnings expected to grow: Should you buy?
The article title suggests an analysis of First Watch Restaurant Group, Inc. (FWRG) and its projected earnings growth. The main question posed is whether investors should consider buying the stock based on these growth expectations. However, no content is provided to support this analysis.
Advent International L.P. Sells 9,400,000 Shares of First Watch Restaurant Group, Inc. $FWRG
Advent International L.P. significantly reduced its stake in First Watch Restaurant Group, Inc. (NASDAQ:FWRG) by selling 9.4 million shares, now owning 8.67% of the company. This comes amid mixed signals for First Watch, including strong quarterly earnings, but also high institutional ownership and recent insider share sales from multiple executives, including the CFO. Analysts currently hold a "Moderate Buy" consensus rating with an average price target significantly above the current stock price.
FWRG SEC Filings - First Watch Restaurant Group, Inc. 10-K, 10-Q, 8-K Forms
This page provides a comprehensive resource for First Watch Restaurant Group (FWRG) SEC filings, including 10-K, 10-Q, and 8-K forms, alongside AI-powered summaries. Recent filings highlight equity compensation grants to executives, amended sales outlooks, and operational performance, including revenue growth and a CFO transition plan. Additionally, several asset managers have disclosed significant ownership stakes in the company.
First Watch Restaurant Group, Inc. (FWRG) PT lowered by BofA on softer same-restaurant sales outlook
BofA Securities has lowered its price target for First Watch Restaurant Group (FWRG) to $26 from $28 while maintaining a Neutral rating. This adjustment comes after updated expectations for fourth-quarter and fiscal year 2024 same-restaurant sales growth. The firm's analysis indicates potential downside to consensus estimates for 2024 and 2025 adjusted EBITDA and EPS, leading to the revised valuation.
Ghisallo Capital Management LLC Makes New Investment in First Watch Restaurant Group, Inc. $FWRG
Ghisallo Capital Management LLC has made a new investment in First Watch Restaurant Group, Inc. (NASDAQ: FWRG), purchasing 160,893 shares valued at approximately $2.52 million. This investment comes amidst several insider stock sales by First Watch executives, including the CFO. Despite insider selling, analysts maintain a "Moderate Buy" rating with a target price of $19.75, suggesting potential upside from its current trading range of $11-$12.
First Watch Restaurant Group, Inc. (NASDAQ:FWRG) Receives Consensus Recommendation of "Moderate Buy" from Analysts
First Watch Restaurant Group (NASDAQ:FWRG) has received a consensus "Moderate Buy" rating from thirteen analysts, with an average 12-month price target of $19.75, significantly above its current share price of $11.53. Despite strong quarterly results and revenue growth, the company faces risks from recent insider selling, its stock trading near 52-week lows, and weak liquidity ratios. Analysts believe that sustained margin improvement and execution are necessary to realize the projected upside.
First Watch (FWRG) CLO has 6,998 shares sold to cover RSU taxes
First Watch Restaurant Group, Inc.'s Chief Legal Officer, Jay Anthony Wolszczak, sold 6,998 common shares on March 10, 2026, at an average price of $12.59 per share. This was a mandatory sale to cover tax withholding obligations related to the vesting of restricted stock units and not a discretionary trade. Following this transaction, Wolszczak directly holds 232,091 common shares.
FWRG SEC Filings - First Watch Restaurant Group, Inc. 10-K, 10-Q, 8-K Forms
This page provides a comprehensive resource for First Watch Restaurant Group (FWRG) SEC filings, including 10-K, 10-Q, and 8-K forms, alongside AI-powered summaries. It details recent filings such as insider share sales, changes in beneficial ownership by Advent International, adjustments to underwriting agreements, and employee benefit plan registrations. The company's stock data, market cap, and industry information are also presented for investors.
First Watch (FWRG) CPO has shares sold to cover RSU taxes
First Watch Restaurant Group's Chief People Officer, Laura Anne Sorensen, reported the sale of 4,732 shares of common stock at a weighted average price of $12.59 per share. This transaction was not a discretionary trade but a mandatory "sell-to-cover" sale to fulfill tax withholding obligations from vested restricted stock units. Following this event, Sorensen directly retains ownership of 239,050 shares of First Watch common stock.
First Watch (NASDAQ: FWRG) CDO sells 4,820 shares for tax withholding
First Watch Restaurant Group's Chief Development Officer, Eric Richard Hartman, sold 4,820 shares of common stock at a weighted average price of $12.59 per share. This sale was a mandatory transaction to cover tax withholding obligations associated with the vesting of restricted stock units, as per company policy, and not a discretionary trade. After the sale, Hartman continues to directly hold 246,349 shares of FWRG common stock.
First Watch (FWRG) CBO has 6,070 shares sold to cover RSU taxes
First Watch Restaurant Group's Chief Brand Officer, Matthew Eisenacher, reported a mandatory sale of 6,070 common stock shares on March 10, 2026. This sale was conducted by the company on his behalf to cover tax withholding obligations associated with vesting restricted stock units, not as a discretionary trade. After the transactions, Eisenacher directly holds 69,983 shares of FWRG common stock.
First Watch COO Jones sells $57,914 in shares
First Watch Restaurant Group's COO, John Daniel Jones, sold 4,600 shares of common stock for $57,914 on March 10, 2026, primarily to cover tax obligations. The sale occurred while the stock was trading near its 52-week low. Despite the stock appearing undervalued per InvestingPro analysis, major firms like Stifel and Stephens have adjusted their price targets due to concerns over recent financial guidance, even with a strong Q4 EPS beat.
First Watch Restaurant Group (NASDAQ:FWRG) Insider Sells $76,421.30 in Stock
First Watch Restaurant Group (NASDAQ:FWRG) insider Matthew Eisenacher sold 6,070 shares of the company's stock for $76,421.30, reducing his stake by nearly 8%. The sale occurred on March 10th at an average price of $12.59, leaving him with 69,983 shares valued at over $881,000. Additionally, the company recently reported quarterly earnings that beat estimates, though revenue slightly missed, and institutional investors hold a significant portion of the stock.
First Watch Restaurant Group (NASDAQ:FWRG) Insider Sells $57,914.00 in Stock
First Watch Restaurant Group (NASDAQ:FWRG) insider John Daniel Jones sold 4,600 shares of the company's stock on March 10th for a total of $57,914. This transaction reduced his holding by 5.05% to 86,422 shares. The company recently reported an EPS beat and revenue growth, though its stock is currently trading below its 50-day and 200-day moving averages, while analysts maintain a "Moderate Buy" rating.
Laura Anne Sorensen Sells 4,732 Shares of First Watch Restaurant Group (NASDAQ:FWRG) Stock
Laura Anne Sorensen, an insider at First Watch Restaurant Group (NASDAQ:FWRG), sold 4,732 shares on March 10th at an average price of $12.59, reducing her stake by 1.94%. This transaction, valued at approximately $59,576, leaves her with 239,050 shares. Despite beating earnings expectations with $0.24 EPS against an $0.08 forecast and growing revenue by 20.2%, the stock fell 6.1% to $11.69.
First Watch Restaurant Group, Inc. (FWRG) PT Lowered by BofA on Softer Same-Restaurant Sales Outlook
BofA Securities lowered its price target for First Watch Restaurant Group, Inc. (FWRG) from $24 to $20, maintaining a Neutral rating, due to a softer outlook for same-restaurant sales. The firm reduced its Q1 and full-year 2026 EBITDA expectations, anticipating decreased revenue and adjusted EBITDA from lower pricing levels. This follows FWRG's Q4 and full-year 2025 results, which showed a 3.6% increase in same-restaurant sales and a 20.3% rise in total revenues to $1.2 billion for the year.
First Watch Restaurant Group, Inc. (FWRG) PT Lowered by BofA on Softer Same-Restaurant Sales Outlook
BofA Securities lowered its price target for First Watch Restaurant Group, Inc. (FWRG) from $24 to $20 while maintaining a Neutral rating, citing a softer outlook for same-restaurant sales and resulting lower EBITDA expectations for Q1 and full-year 2026. This adjustment follows the company's Q4 and full-year 2025 financial results, which showed increased revenues but also the revised projection due to anticipated lower pricing levels. FWRG anticipates opening 59-63 new restaurants and projects a modest rise in same-restaurant sales for fiscal year 2026.
Sit-Down Dining Stocks Q4 Highlights: First Watch (NASDAQ:FWRG)
This article reviews the Q4 performance of several sit-down dining stocks, highlighting First Watch (NASDAQ:FWRG), Red Robin (NASDAQ:RRGB), Texas Roadhouse (NASDAQ:TXRH), Darden (NYSE:DRI), and The Cheesecake Factory (NASDAQ:CAKE). First Watch reported in-line revenues but missed full-year EBITDA guidance, leading to a stock decline. In contrast, Red Robin outperformed expectations, while Texas Roadhouse fell short.
First Watch Restaurant Group (NASDAQ:FWRG) Coverage Initiated at DA Davidson
DA Davidson has initiated coverage on First Watch Restaurant Group (FWRG) with a "buy" rating, aligning with a "Moderate Buy" consensus from analysts and an average price target of $20.08, despite recent adjustments. The company recently reported strong quarterly results, beating EPS expectations ($0.24 vs. $0.08) and achieving a 20.2% year-over-year revenue increase to $316.35 million, which led to an 8.4% intraday stock jump. Institutional ownership is high at approximately 96%, with major investors like Vanguard increasing their stakes, while insiders hold about 6%.
DA Davidson Initiates Coverage on First Watch Restaurant Gr (FWRG) with a Buy Rating | FWRG Stock News
DA Davidson has initiated coverage on First Watch Restaurant Group (FWRG) with a Buy rating. This new rating comes amid several other analyst updates, with many having recently lowered price targets while maintaining their overall ratings. The average analyst price target suggests a 50.29% upside from the current price, classifying FWRG with an "Outperform" status, while GuruFocus estimates a 110.56% upside based on its fair value calculations.
First Watch Restaurant Group, Inc. $FWRG Shares Sold by GW&K Investment Management LLC
GW&K Investment Management LLC reduced its stake in First Watch Restaurant Group (FWRG) by 5.8% in the third quarter, selling over 105,000 shares. Despite this, the company reported strong Q3 earnings, beating EPS estimates significantly, with revenue up 20.2% year-over-year. Analysts maintain a "Moderate Buy" rating with an average price target of $20.08, and institutional investors own a substantial 96.11% of the company's stock.
Deepwater Asset Management LLC Acquires 93,662 Shares of First Watch Restaurant Group, Inc. $FWRG
Deepwater Asset Management LLC increased its stake in First Watch Restaurant Group, Inc. (NASDAQ:FWRG) by 14.8%, purchasing an additional 93,662 shares to own a total of 724,714 shares. This acquisition makes First Watch Restaurant Group approximately 4.5% of Deepwater's portfolio and its 16th largest holding. The company recently exceeded EPS estimates but missed slightly on revenue, with analysts holding a "Moderate Buy" rating and a consensus target price of $20.08 against a recent share price of $12.40.
First Watch (FWRG) Chief Brand Officer receives 28,089 restricted stock units
First Watch Restaurant Group, Inc.'s Chief Brand Officer, Matthew Eisenacher, has been granted 28,089 restricted stock units (RSUs). These RSUs will vest in three equal annual installments starting on March 1, 2027, and are subject to forfeiture or acceleration. Following this transaction, Eisenacher directly holds a total of 76,053 shares of the company's common stock.
First Watch (FWRG) grants 30,096 RSUs to Chief People Officer
First Watch Restaurant Group (FWRG) has granted 30,096 restricted stock units (RSUs) to its Chief People Officer, Laura Anne Sorensen. These RSUs, valued at $0 per share, will vest in three equal annual installments starting on March 1, 2027. Following this grant, Sorensen directly holds 243,782 shares of common stock.
JPMorgan Chase & Co. Trims Holdings in First Watch Restaurant Group, Inc. $FWRG
JPMorgan Chase & Co. reduced its stake in First Watch Restaurant Group, Inc. by 10.7% in the third quarter, now owning 3.24% of the company worth $30.9 million. This adjustment comes as First Watch beat EPS expectations but slightly missed revenue targets, while institutional ownership remains high at 96.11%. Analysts generally maintain a "Moderate Buy" rating, despite recent downward revisions in price targets.
First Watch Restaurant Group, Inc. (NASDAQ:FWRG) Q4 2025 earnings call transcript
This document is an earnings call transcript for First Watch Restaurant Group, Inc. (NASDAQ:FWRG) for their Q4 2025 results. It contains the financial discussions and statements made during the call.
FWRG Financials: Income Statement, Balance Sheet & Cash Flow
This article provides a detailed financial analysis of First Watch Restaurant Group, Inc. (FWRG), covering its income statement, balance sheet, cash flow, and key financial ratios. The company's financial health is assessed using metrics like Altman Z-Score and Piotroski F-Score, with findings indicating low profitability, strong revenue growth, conservative leverage, but tight liquidity, negative free cash flow, and elevated financial distress risk. The report highlights crucial aspects such as the company's $1.2B annual revenue, 2.3% operating margin, and a current ratio of 0.29, suggesting potential short-term liquidity concerns.
Stifel cuts First Watch stock price target on guidance concerns
Stifel lowered its price target for First Watch Restaurant Group (NASDAQ:FWRG) from $17 to $15, while maintaining a Hold rating, due to initial guidance concerns despite a Q4 earnings beat. The stock saw a sharp decline following the report, trading near its 52-week low. Stifel noted solid new unit performance and a robust development pipeline, believing the company could achieve free cash flow positive status in fiscal 2026, though achieving positive comparable sales every quarter in 2026 presents challenges.
