Matthew Eisenacher Sells 6,070 Shares of First Watch Restaurant Group (NASDAQ:FWRG) Stock

First Watch Restaurant Group, Inc. (NASDAQ:FWRG) insider Matthew Eisenacher sold 6,070 shares of First Watch Restaurant Group stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $12.59, for a total value of $76,421.30. Following the completion of the sale, the insider directly owned 69,983 shares of the company’s stock, valued at $881,085.97. This trade represents a 7.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

First Watch Restaurant Group Trading Down 1.5%

Shares of FWRG opened at $11.53 on Friday. The company has a quick ratio of 0.25, a current ratio of 0.29 and a debt-to-equity ratio of 0.43. First Watch Restaurant Group, Inc. has a 12-month low of $11.44 and a 12-month high of $20.55. The firm has a market capitalization of $704.94 million, a PE ratio of 37.19, a price-to-earnings-growth ratio of 2.35 and a beta of 0.92. The stock’s fifty day simple moving average is $15.19 and its 200-day simple moving average is $16.34.

First Watch Restaurant Group (NASDAQ:FWRG) last posted its quarterly earnings results on Tuesday, February 24th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.16. The business had revenue of $316.35 million for the quarter, compared to analysts’ expectations of $317.49 million. First Watch Restaurant Group had a return on equity of 3.20% and a net margin of 1.59%.The firm’s quarterly revenue was up 20.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.01 earnings per share. As a group, research analysts predict that First Watch Restaurant Group, Inc. will post 0.32 earnings per share for the current year.

Key Stories Impacting First Watch Restaurant Group

Here are the key news stories impacting First Watch Restaurant Group this week:

• Positive Sentiment: Recent quarterly results showed an EPS beat (reported $0.24 vs. $0.08 consensus) and ~20% year-over-year revenue growth, which supports the company’s near-term fundamentals. Earnings & company page
• Positive Sentiment: Analyst coverage remains largely constructive — multiple Buy/Overweight ratings and an average target (~$19.75) sit well above the current price, indicating upside if execution continues. Analyst note
• Neutral Sentiment: Institutional ownership is very high (~96%), which can reduce retail-driven volatility but means flows from large holders will disproportionately move the stock. Institutional holdings
• Neutral Sentiment: Valuation and liquidity: FWRG sits below its 50- and 200-day moving averages and near its 52-week low; balance-sheet ratios (low current/quick ratios) and modest near-term margins mean upside may require sustained margin improvement. Financial snapshot
• Negative Sentiment: CFO insider sale: CFO H. Melville Hope III sold 7,358 shares at $12.59 on March 10 (≈6% reduction in his stake). High‑profile officer selling often raises short-term investor concern. CFO Form 4
• Negative Sentiment: Multiple other insider trims: Several executives (Jay Wolszczak, Matthew Eisenacher, John D. Jones, Laura Sorensen) sold between ~4,600–7,000 shares each at $12.59 on March 10, collectively reducing positions and pressuring market sentiment. Sample Form 4

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp acquired a new position in First Watch Restaurant Group in the third quarter valued at about $30,000. First Horizon Advisors Inc. increased its holdings in shares of First Watch Restaurant Group by 207.6% in the second quarter. First Horizon Advisors Inc. now owns 1,950 shares of the company’s stock worth $31,000 after acquiring an additional 1,316 shares in the last quarter. State of Wyoming acquired a new stake in shares of First Watch Restaurant Group during the fourth quarter worth about $64,000. Kemnay Advisory Services Inc. bought a new position in shares of First Watch Restaurant Group during the 4th quarter valued at about $66,000. Finally, BNP Paribas Financial Markets lifted its holdings in shares of First Watch Restaurant Group by 61.9% during the 2nd quarter. BNP Paribas Financial Markets now owns 4,375 shares of the company’s stock valued at $70,000 after purchasing an additional 1,673 shares in the last quarter. 96.11% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of First Watch Restaurant Group in a research report on Monday, December 29th. Stephens cut their price objective on shares of First Watch Restaurant Group from $24.00 to $21.00 and set an “overweight” rating on the stock in a report on Wednesday, February 25th. Barclays reduced their price objective on shares of First Watch Restaurant Group from $19.00 to $17.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 25th. DA Davidson assumed coverage on shares of First Watch Restaurant Group in a report on Friday, March 6th. They set a “buy” rating and a $17.00 target price for the company. Finally, Zacks Research upgraded shares of First Watch Restaurant Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $19.75.

About First Watch Restaurant Group

First Watch Restaurant Group, Inc (NASDAQ: FWRG) operates a specialty daytime dining concept focused on breakfast, brunch and lunch. The company’s casual, full-service cafés emphasize fresh ingredients, made-to-order entrées and a seasonally driven menu that ranges from omelets and Benedicts to salads, skillets and afternoon sandwiches. First Watch positions itself as a daytime-only destination, with most locations opening early morning and closing by mid-afternoon.

Founded in 1983 by Ken Pendery and John Sullivan in Pacific Grove, California, First Watch began as a single café and gradually expanded through company-owned and select franchised locations.