National Vision Holdings, Inc. (NASDAQ:EYE) SVP Jared Brandman Purchases 5,000 Shares

National Vision Holdings, Inc. (NASDAQ:EYEGet Rating) SVP Jared Brandman purchased 5,000 shares of the company’s stock in a transaction on Thursday, May 12th. The shares were purchased at an average price of $23.25 per share, for a total transaction of $116,250.00. Following the purchase, the senior vice president now owns 18,697 shares in the company, valued at approximately $434,705.25. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

NASDAQ EYE opened at $25.69 on Tuesday. The stock has a market capitalization of $2.10 billion, a price-to-earnings ratio of 20.07, a PEG ratio of 1.38 and a beta of 1.78. National Vision Holdings, Inc. has a twelve month low of $22.59 and a twelve month high of $65.92. The company has a current ratio of 1.54, a quick ratio of 1.14 and a debt-to-equity ratio of 0.59. The stock has a 50-day moving average of $40.06 and a 200 day moving average of $43.33.

National Vision (NASDAQ:EYEGet Rating) last released its quarterly earnings results on Tuesday, May 10th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. The company had revenue of $527.70 million during the quarter, compared to analysts’ expectations of $538.38 million. National Vision had a return on equity of 10.96% and a net margin of 5.55%. National Vision’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.45 EPS. Equities analysts predict that National Vision Holdings, Inc. will post 0.86 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. William Blair Investment Management LLC raised its holdings in shares of National Vision by 10.3% during the first quarter. William Blair Investment Management LLC now owns 5,427,146 shares of the company’s stock valued at $236,461,000 after acquiring an additional 506,405 shares during the last quarter. Alliancebernstein L.P. raised its holdings in shares of National Vision by 11.3% during the fourth quarter. Alliancebernstein L.P. now owns 4,848,954 shares of the company’s stock valued at $232,701,000 after acquiring an additional 492,772 shares during the last quarter. Wellington Management Group LLP raised its holdings in shares of National Vision by 43.2% during the first quarter. Wellington Management Group LLP now owns 3,551,095 shares of the company’s stock valued at $154,721,000 after acquiring an additional 1,070,444 shares during the last quarter. Durable Capital Partners LP raised its holdings in shares of National Vision by 17.8% during the first quarter. Durable Capital Partners LP now owns 3,411,469 shares of the company’s stock valued at $148,638,000 after acquiring an additional 515,072 shares during the last quarter. Finally, Wasatch Advisors Inc. raised its holdings in shares of National Vision by 9.5% during the first quarter. Wasatch Advisors Inc. now owns 2,994,355 shares of the company’s stock valued at $130,464,000 after acquiring an additional 258,848 shares during the last quarter.

EYE has been the topic of several research analyst reports. Morgan Stanley dropped their price target on National Vision from $70.00 to $65.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 1st. Citigroup dropped their price target on National Vision from $58.00 to $55.00 in a research note on Tuesday, March 1st. TheStreet downgraded National Vision from a “b-” rating to a “c+” rating in a research note on Wednesday, March 30th. Barclays boosted their price target on National Vision from $43.00 to $52.00 in a research note on Friday, April 1st. Finally, The Goldman Sachs Group decreased their price objective on National Vision from $48.00 to $41.00 and set a “neutral” rating for the company in a report on Tuesday, March 1st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $56.60.

National Vision Company Profile (Get Rating)

National Vision Holdings, Inc, through its subsidiaries, operates as an optical retailer in the United States. The company operates in two segments, Owned & Host and Legacy. It offers eyeglasses and contact lenses, and optical accessory products; provides eye exams through its America's Best, Eyeglass World, Vista Optical, Fred Meyer, and Vista Optical military, as well as Vision Center branded stores; and offers health maintenance organization and optometric services.

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