National Vision Holdings Inc (EYE) CEO L Reade Fahs Sells 10,000 Shares

National Vision Holdings Inc (NASDAQ:EYE) CEO L Reade Fahs sold 10,000 shares of National Vision stock in a transaction that occurred on Thursday, December 6th. The stock was sold at an average price of $35.28, for a total value of $352,800.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Wednesday, November 7th, L Reade Fahs sold 10,000 shares of National Vision stock. The stock was sold at an average price of $44.21, for a total value of $442,100.00.
  • On Wednesday, October 3rd, L Reade Fahs sold 10,000 shares of National Vision stock. The stock was sold at an average price of $43.76, for a total value of $437,600.00.

Shares of National Vision stock traded down $3.16 on Friday, reaching $32.36. The company had a trading volume of 1,445,046 shares, compared to its average volume of 1,150,009. The stock has a market cap of $2.74 billion, a price-to-earnings ratio of 61.06, a price-to-earnings-growth ratio of 3.98 and a beta of 1.53. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.57 and a current ratio of 1.07. National Vision Holdings Inc has a 1 year low of $29.55 and a 1 year high of $46.63.

National Vision (NASDAQ:EYE) last announced its earnings results on Tuesday, November 13th. The company reported $0.12 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.12. The firm had revenue of $387.40 million during the quarter, compared to analysts’ expectations of $374.81 million. National Vision had a return on equity of 7.18% and a net margin of 4.83%. The company’s quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.10 EPS. Sell-side analysts predict that National Vision Holdings Inc will post 0.53 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently bought and sold shares of EYE. Prudential Financial Inc. purchased a new position in National Vision during the 3rd quarter valued at $204,000. Bank of Montreal Can boosted its holdings in National Vision by 1,774.4% during the 3rd quarter. Bank of Montreal Can now owns 4,536 shares of the company’s stock valued at $205,000 after acquiring an additional 4,294 shares during the period. GSA Capital Partners LLP purchased a new position in National Vision during the 3rd quarter valued at $235,000. PNC Financial Services Group Inc. boosted its holdings in National Vision by 41.8% during the 2nd quarter. PNC Financial Services Group Inc. now owns 6,547 shares of the company’s stock valued at $239,000 after acquiring an additional 1,931 shares during the period. Finally, Dorsey & Whitney Trust CO LLC purchased a new position in National Vision during the 3rd quarter valued at $247,000.

A number of brokerages have recently commented on EYE. Jefferies Financial Group set a $50.00 target price on National Vision and gave the stock a “buy” rating in a report on Tuesday, August 14th. Zacks Investment Research cut National Vision from a “buy” rating to a “hold” rating in a report on Thursday, November 15th. ValuEngine cut National Vision from a “strong-buy” rating to a “buy” rating in a report on Friday. Bank of America lifted their target price on National Vision from $42.00 to $45.00 and gave the stock a “neutral” rating in a report on Wednesday, August 15th. Finally, Citigroup lifted their target price on National Vision from $43.00 to $51.00 and gave the stock a “buy” rating in a report on Thursday, August 16th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $48.13.

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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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