Atika Capital Management LLC Buys Shares of 414,200 National Vision Holdings, Inc. $EYE

Atika Capital Management LLC acquired a new stake in shares of National Vision Holdings, Inc. (NASDAQ:EYE) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 414,200 shares of the company’s stock, valued at approximately $9,531,000. National Vision makes up 1.0% of Atika Capital Management LLC’s portfolio, making the stock its 28th biggest position. Atika Capital Management LLC owned approximately 0.52% of National Vision at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Envestnet Asset Management Inc. lifted its holdings in shares of National Vision by 100.7% during the first quarter. Envestnet Asset Management Inc. now owns 131,590 shares of the company’s stock worth $1,682,000 after purchasing an additional 66,015 shares during the period. Victory Capital Management Inc. lifted its holdings in National Vision by 2.0% during the 1st quarter. Victory Capital Management Inc. now owns 79,823 shares of the company’s stock worth $1,020,000 after buying an additional 1,579 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in National Vision by 27.0% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 20,231 shares of the company’s stock worth $259,000 after buying an additional 4,305 shares during the period. Mackenzie Financial Corp grew its position in shares of National Vision by 26.7% in the 1st quarter. Mackenzie Financial Corp now owns 124,485 shares of the company’s stock valued at $1,591,000 after buying an additional 26,270 shares during the last quarter. Finally, Meeder Asset Management Inc. acquired a new stake in shares of National Vision in the first quarter valued at about $35,000.

National Vision Stock Performance

Shares of EYE stock opened at $29.01 on Thursday. National Vision Holdings, Inc. has a 52 week low of $9.93 and a 52 week high of $29.59. The firm’s 50-day simple moving average is $26.43 and its two-hundred day simple moving average is $24.05. The firm has a market cap of $2.30 billion, a price-to-earnings ratio of -966.68, a P/E/G ratio of 2.55 and a beta of 1.33. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.32 and a current ratio of 0.53.

National Vision (NASDAQ:EYE) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.01. National Vision had a positive return on equity of 3.58% and a negative net margin of 0.12%.The company had revenue of $487.33 million during the quarter, compared to the consensus estimate of $472.98 million. During the same quarter in the prior year, the company earned $0.12 EPS. The firm’s quarterly revenue was up 7.9% compared to the same quarter last year. National Vision has set its FY 2025 guidance at 0.620-0.700 EPS. As a group, equities analysts forecast that National Vision Holdings, Inc. will post 0.31 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Wells Fargo & Company set a $27.00 price target on National Vision and gave the stock an “equal weight” rating in a report on Thursday, August 7th. UBS Group dropped their price target on National Vision from $41.00 to $39.00 and set a “buy” rating on the stock in a research note on Tuesday, November 18th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of National Vision in a research report on Wednesday, October 8th. Barclays lifted their price objective on shares of National Vision from $28.00 to $30.00 and gave the company an “overweight” rating in a research note on Tuesday, November 18th. Finally, The Goldman Sachs Group raised their price target on shares of National Vision from $17.00 to $22.00 and gave the stock a “neutral” rating in a report on Thursday, August 7th. Six analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, National Vision currently has an average rating of “Hold” and an average target price of $27.00.

National Vision Company Profile

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.