National Vision Holdings Inc (NASDAQ:EYE) CEO Sells $273,400.00 in Stock

National Vision Holdings Inc (NASDAQ:EYE) CEO L Reade Fahs sold 10,000 shares of the firm’s stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $27.34, for a total value of $273,400.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

L Reade Fahs also recently made the following trade(s):

  • On Wednesday, May 1st, L Reade Fahs sold 10,000 shares of National Vision stock. The shares were sold at an average price of $26.60, for a total value of $266,000.00.
  • On Wednesday, April 3rd, L Reade Fahs sold 35,000 shares of National Vision stock. The shares were sold at an average price of $30.13, for a total value of $1,054,550.00.

Shares of NASDAQ:EYE traded down $0.60 during trading on Monday, hitting $30.13. 902,900 shares of the company were exchanged, compared to its average volume of 750,778. The stock has a market capitalization of $2.40 billion, a PE ratio of 66.24, a price-to-earnings-growth ratio of 3.17 and a beta of 1.43. National Vision Holdings Inc has a fifty-two week low of $25.60 and a fifty-two week high of $46.63. The firm has a fifty day simple moving average of $28.51. The company has a current ratio of 0.91, a quick ratio of 0.53 and a debt-to-equity ratio of 1.17.

National Vision (NASDAQ:EYE) last posted its quarterly earnings results on Thursday, May 9th. The company reported $0.33 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.02. National Vision had a return on equity of 6.29% and a net margin of 1.12%. The firm had revenue of $461.22 million for the quarter, compared to analyst estimates of $455.42 million. During the same quarter in the previous year, the firm earned $0.35 EPS. The business’s quarterly revenue was up 13.0% on a year-over-year basis. As a group, sell-side analysts predict that National Vision Holdings Inc will post 0.52 EPS for the current fiscal year.

Several equities analysts recently issued reports on the company. TheStreet upgraded National Vision from a “d+” rating to a “c-” rating in a report on Wednesday, June 26th. Loop Capital started coverage on National Vision in a report on Thursday, June 13th. They set a “hold” rating and a $26.00 target price on the stock. Berenberg Bank started coverage on National Vision in a research report on Wednesday, May 29th. They set a “buy” rating and a $38.00 price target on the stock. Guggenheim reaffirmed a “buy” rating and set a $40.00 price target on shares of National Vision in a research report on Thursday, May 9th. Finally, Zacks Investment Research raised National Vision from a “hold” rating to a “strong-buy” rating and set a $32.00 price target on the stock in a research report on Tuesday, April 30th. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $42.50.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Pearl River Capital LLC purchased a new stake in shares of National Vision in the fourth quarter worth approximately $67,000. Oppenheimer Asset Management Inc. purchased a new stake in shares of National Vision in the first quarter worth approximately $93,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of National Vision by 43.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,086 shares of the company’s stock worth $115,000 after purchasing an additional 1,241 shares during the last quarter. Hershey Trust Co. purchased a new stake in shares of National Vision in the first quarter worth approximately $158,000. Finally, NumerixS Investment Technologies Inc purchased a new stake in shares of National Vision during the fourth quarter valued at approximately $171,000.

National Vision Company Profile

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, and optical accessory products, as well as eye exams through its America's Best, Eyeglass World, Vista Optical, and Vista Optical Military, as well as Vision Center brand stores; and provides health maintenance organization, vision care benefit plan, and optometric services.

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