Allspring Global Investments Holdings LLC lessened its position in shares of National Vision Holdings, Inc. (NASDAQ:EYE – Free Report) by 13.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 499,716 shares of the company’s stock after selling 78,002 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.63% of National Vision worth $12,968,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of EYE. Wellington Management Group LLP grew its position in shares of National Vision by 1,242.5% during the 3rd quarter. Wellington Management Group LLP now owns 4,532,200 shares of the company’s stock valued at $132,295,000 after purchasing an additional 4,194,614 shares in the last quarter. William Blair Investment Management LLC boosted its stake in National Vision by 36.0% during the third quarter. William Blair Investment Management LLC now owns 4,840,473 shares of the company’s stock valued at $141,293,000 after buying an additional 1,280,783 shares during the period. Bank of America Corp DE grew its position in National Vision by 127.9% during the second quarter. Bank of America Corp DE now owns 1,965,856 shares of the company’s stock worth $45,234,000 after buying an additional 1,103,213 shares in the last quarter. Alliancebernstein L.P. increased its stake in National Vision by 1,252.0% in the 3rd quarter. Alliancebernstein L.P. now owns 1,149,680 shares of the company’s stock worth $33,559,000 after acquiring an additional 1,064,645 shares during the last quarter. Finally, Jupiter Asset Management Ltd. increased its stake in National Vision by 4,726.8% in the 3rd quarter. Jupiter Asset Management Ltd. now owns 977,525 shares of the company’s stock worth $28,534,000 after acquiring an additional 957,273 shares during the last quarter.
Analyst Ratings Changes
A number of equities analysts have commented on the stock. Weiss Ratings raised shares of National Vision from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Thursday, March 5th. UBS Group raised their price objective on shares of National Vision from $39.00 to $42.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Barclays lifted their price objective on shares of National Vision from $30.00 to $32.00 and gave the stock an “overweight” rating in a report on Monday, March 2nd. Guggenheim increased their target price on National Vision from $32.00 to $33.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Finally, Wall Street Zen downgraded National Vision from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $31.21.
Insider Activity at National Vision
In other news, Chairman L Reade Fahs sold 7,601 shares of the company’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $29.58, for a total transaction of $224,837.58. Following the completion of the transaction, the chairman directly owned 694,880 shares of the company’s stock, valued at approximately $20,554,550.40. This represents a 1.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 2.70% of the company’s stock.
National Vision Stock Performance
NASDAQ EYE opened at $23.69 on Friday. The company has a 50-day simple moving average of $26.97 and a two-hundred day simple moving average of $27.02. The company has a quick ratio of 0.33, a current ratio of 0.55 and a debt-to-equity ratio of 0.26. National Vision Holdings, Inc. has a 12-month low of $10.45 and a 12-month high of $30.02. The firm has a market cap of $1.88 billion, a price-to-earnings ratio of 64.03, a PEG ratio of 1.83 and a beta of 1.40.
National Vision (NASDAQ:EYE – Get Free Report) last released its earnings results on Wednesday, March 4th. The company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.09. The company had revenue of $503.41 million during the quarter, compared to analyst estimates of $495.26 million. National Vision had a return on equity of 5.15% and a net margin of 1.49%.National Vision’s revenue for the quarter was up 15.1% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.04) EPS. National Vision has set its FY 2026 guidance at 0.850-1.090 EPS. On average, equities analysts forecast that National Vision Holdings, Inc. will post 0.31 EPS for the current year.
About National Vision
National Vision Holdings, Inc is an American optical retailer specializing in accessible vision care and eyewear. The company operates under multiple retail banners, offering comprehensive eye health services and a wide range of optical products. Since its founding in the early 1990s, National Vision has focused on providing value-driven solutions, targeting underserved and price‐conscious consumer segments.
Through its primary retail brands—including America’s Best Contacts & Eyeglasses, Eyeglass World, Optical America and Vista Optical—National Vision delivers services such as comprehensive eye examinations, prescription eyewear, contact lenses, sunglasses and lens accessories.
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