National Vision Holdings Inc (EYE) SVP John Vaught Sells 26,477 Shares of Stock

National Vision Holdings Inc (NASDAQ:EYE) SVP John Vaught sold 26,477 shares of the stock in a transaction on Tuesday, September 25th. The stock was sold at an average price of $43.32, for a total value of $1,146,983.64. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Shares of NASDAQ:EYE traded up $0.47 during midday trading on Thursday, hitting $44.62. 23,830 shares of the stock were exchanged, compared to its average volume of 340,948. The company has a current ratio of 1.05, a quick ratio of 0.55 and a debt-to-equity ratio of 0.78. National Vision Holdings Inc has a 52-week low of $27.19 and a 52-week high of $46.63. The firm has a market cap of $3.32 billion and a price-to-earnings ratio of 84.18.

National Vision (NASDAQ:EYE) last announced its quarterly earnings data on Tuesday, August 14th. The company reported $0.21 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.17 by $0.04. National Vision had a return on equity of 7.47% and a net margin of 4.68%. The business had revenue of $385.53 million during the quarter, compared to analyst estimates of $371.40 million. During the same period last year, the company earned $0.12 earnings per share. National Vision’s quarterly revenue was up 14.2% compared to the same quarter last year. sell-side analysts forecast that National Vision Holdings Inc will post 0.62 EPS for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Legal & General Group Plc raised its holdings in National Vision by 390.2% during the first quarter. Legal & General Group Plc now owns 22,249 shares of the company’s stock valued at $719,000 after buying an additional 17,710 shares in the last quarter. Wells Fargo & Company MN raised its holdings in National Vision by 24.5% during the second quarter. Wells Fargo & Company MN now owns 331,378 shares of the company’s stock valued at $12,119,000 after buying an additional 65,252 shares in the last quarter. Teacher Retirement System of Texas bought a new position in National Vision during the second quarter valued at about $249,000. Amtrust Financial Services Inc. raised its holdings in National Vision by 21.2% during the first quarter. Amtrust Financial Services Inc. now owns 50,000 shares of the company’s stock valued at $1,616,000 after buying an additional 8,748 shares in the last quarter. Finally, Swiss National Bank bought a new position in National Vision during the second quarter valued at about $2,139,000.

Several brokerages recently issued reports on EYE. ValuEngine upgraded National Vision from a “hold” rating to a “buy” rating in a report on Monday, July 2nd. Bank of America increased their price objective on National Vision from $42.00 to $45.00 and gave the stock a “neutral” rating in a report on Wednesday, August 15th. Zacks Investment Research upgraded National Vision from a “sell” rating to a “hold” rating in a report on Wednesday, June 20th. Wells Fargo & Co increased their price objective on National Vision from $40.00 to $45.00 and gave the stock an “outperform” rating in a report on Monday, July 30th. Finally, Citigroup increased their price objective on National Vision from $43.00 to $51.00 and gave the stock a “buy” rating in a report on Thursday, August 16th. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. National Vision currently has a consensus rating of “Buy” and an average target price of $44.00.

About National Vision

National Vision Holdings, Inc, through its subsidiaries, operates as an optical retailer primarily in the United States. The company operates in two segments, Owned & Host and Legacy. It offers eyeglasses and contact lenses under the America's Best, Eyeglass World, Walmart Vision Center, Vista Optical Fred Meyer, and Vista Optical Military brand stores, as well as provides optometric services.

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