Pier Capital LLC raised its position in shares of National Vision Holdings, Inc. (NASDAQ:EYE – Free Report) by 111.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 313,565 shares of the company’s stock after purchasing an additional 165,049 shares during the quarter. National Vision comprises about 1.3% of Pier Capital LLC’s investment portfolio, making the stock its 26th largest position. Pier Capital LLC’s holdings in National Vision were worth $8,096,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. William Blair Investment Management LLC raised 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 in the last quarter. Wellington Management Group LLP raised its stake in National Vision by 1,242.5% during the third quarter. Wellington Management Group LLP now owns 4,532,200 shares of the company’s stock valued at $132,295,000 after buying an additional 4,194,614 shares in the last quarter. American Century Companies Inc. raised its stake in National Vision by 25.6% during the third quarter. American Century Companies Inc. now owns 4,391,844 shares of the company’s stock valued at $128,198,000 after buying an additional 896,093 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in National Vision by 15.3% during the third quarter. Arrowstreet Capital Limited Partnership now owns 3,295,290 shares of the company’s stock valued at $96,190,000 after buying an additional 437,655 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in National Vision by 127.9% in the second quarter. Bank of America Corp DE now owns 1,965,856 shares of the company’s stock worth $45,234,000 after acquiring an additional 1,103,213 shares during the last quarter.
Analyst Upgrades and Downgrades
Several research firms have recently commented on EYE. Wells Fargo & Company upped their target price on National Vision from $27.00 to $30.00 and gave the company an “equal weight” rating in a report on Thursday, March 5th. Morgan Stanley upped their target price on National Vision from $26.00 to $30.00 and gave the company an “equal weight” rating in a report on Thursday, January 15th. Barclays upped their target price on National Vision from $30.00 to $32.00 and gave the company an “overweight” rating in a report on Monday, March 2nd. Wall Street Zen lowered National Vision from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. Finally, Guggenheim upped their target price on National Vision from $32.00 to $33.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $32.08.
Insider Buying and Selling
In related news, Chairman L Reade Fahs sold 7,601 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $29.58, for a total value of $224,837.58. Following the completion of the transaction, the chairman owned 694,880 shares of the company’s stock, valued at approximately $20,554,550.40. This trade represents a 1.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.70% of the company’s stock.
National Vision Price Performance
NASDAQ EYE opened at $22.83 on Friday. National Vision Holdings, Inc. has a 12 month low of $15.74 and a 12 month high of $30.02. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.55 and a quick ratio of 0.33. The firm has a market capitalization of $1.83 billion, a PE ratio of 61.70, a P/E/G ratio of 1.71 and a beta of 1.18. The company’s 50 day simple moving average is $25.74 and its 200 day simple moving average is $26.56.
National Vision (NASDAQ:EYE – Get Free Report) last posted its quarterly earnings results on Wednesday, March 4th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.09. The firm had revenue of $503.41 million for the quarter, compared to analyst estimates of $495.26 million. National Vision had a net margin of 1.49% and a return on equity of 5.15%. The firm’s quarterly revenue was up 15.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.04) earnings per share. National Vision has set its FY 2026 guidance at 0.850-1.090 EPS. As a group, equities research analysts forecast that National Vision Holdings, Inc. will post 0.66 EPS for the current fiscal 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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