Following this move, Donato now directly owns 529,811 shares valued at $2,389,447.61. In a separate transaction on Thursday, February 2nd, CRO Brian Donato sold 8,183 Rent the Runway shares at an average price of $4.51 per share for a total of $36,905.33. Following this transaction, Hyman now possesses 236,891 shares worth $660,925.89. On Thursday, March 16th, CEO Jennifer Hyman sold 31,445 shares of the company’s stock at an average price of $2.79, bringing her total proceeds to $87,731.55.

(NASDAQ:RENT) has been making headlines recently due to various transactions conducted by high-ranking executives in the company. Rent the Runway Executives Sell Shares Amidst Analyst Predictions for Future Earnings Therefore, despite its wild ride over the course of a year it remains a promising investment opportunity with various analysts giving it an optimistic rating alongside institutional investors showing interest in purchasing several lots of RENT- signifying that RENT still has plenty of room for growth in coming years regardless of prior unforeseen events – and according to Bloomberg’s reviewed consensus recall it offers a great potential earning for investors looking for long-term growth returns. is among them as they showed a demand for more shares up to 29.1% during Q3 of last year. LLC are holding positions with Rent the Runway’s stock and the top five shareholders mutually possess 69.8%. Recently becoming famous among institutional investors are Millennium Management LLC which increased their stake in Rent-the-Runway by acquiring additional lots during quarter four compared to previous graphs dating back to last year the company’s current value is worth approximately $4,742,000. There are currently four hold ratings and seven buy ratings assigned by various fund managers to RENT’s stock with Bloomberg indicating that consensus agrees with a “Moderate Buy” rating for it whilst possessing an approximate target price valuation of approximately worths about %5 earlier in prediction. Regarding rent-the-runaway’s business conduct ratio, it shows that RENT also possesses an insane debt-to-equity ratio of 38:00 which explains why hedge funds have been purchasing and selling shares recently as well as its quick and current ratios both remaining at a steady level of approximately around 2:61. In comparison, Wolfe Research began providing coverage on Rent the Runway on December 15th,2023 and gave it a “peer perform” rating. Conversely, Morgan Stanley’s lifted their price target from $2.50 to $3.50 whilst assigning an “equal weight” rating for the stock on December 13th,2023. Barclays’ reduced its price target from $6 to $3 while maintaining an “overweight” rating for Rent the Runway in their research note on December 8th, 2022. The company has been rated by various research analysts recently.

Rent the Runway has had a turbulent year with its stock fluctuating between a low of $1.10 and a high of $6.72 over the course of twelve months. The company’s last traded price is 17.5% below the recent average of $3.37 established over 50 days and 1% above the average of $2.75 over the past 200 days. Rent the Runway, a leading fashion rental service provider, opened on Friday, April 9th at $2.77 per share.

Rent the runway stock