Y Intercept Hong Kong Ltd Purchases Shares of 14,307 National Vision Holdings, Inc. $EYE

Y Intercept Hong Kong Ltd acquired a new stake in shares of National Vision Holdings, Inc. (NASDAQ:EYE) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 14,307 shares of the company’s stock, valued at approximately $329,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Meeder Asset Management Inc. bought a new position in National Vision during the 1st quarter worth approximately $35,000. Smartleaf Asset Management LLC boosted its stake in shares of National Vision by 69.3% during the first quarter. Smartleaf Asset Management LLC now owns 3,004 shares of the company’s stock valued at $39,000 after purchasing an additional 1,230 shares during the period. IFP Advisors Inc purchased a new stake in shares of National Vision during the second quarter valued at approximately $83,000. USA Financial Formulas bought a new position in shares of National Vision in the second quarter worth approximately $128,000. Finally, Teza Capital Management LLC purchased a new position in shares of National Vision in the first quarter worth $142,000.

National Vision Trading Up 2.8%

Shares of EYE opened at $24.13 on Friday. National Vision Holdings, Inc. has a 1-year low of $9.93 and a 1-year high of $29.59. The company has a current ratio of 0.53, a quick ratio of 0.31 and a debt-to-equity ratio of 0.28. The firm’s 50-day moving average price is $25.84 and its 200-day moving average price is $22.88. The firm has a market capitalization of $1.91 billion, a price-to-earnings ratio of -804.07, a PEG ratio of 2.51 and a beta of 1.33.

National Vision (NASDAQ:EYE) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.12 by $0.01. National Vision had a negative net margin of 0.12% and a positive return on equity of 3.58%. The business had revenue of $487.33 million during the quarter, compared to analyst estimates of $472.98 million. During the same period last year, the business posted $0.12 earnings per share. National Vision’s quarterly revenue was up 7.9% compared to the same quarter last year. National Vision has set its FY 2025 guidance at 0.620-0.700 EPS. Sell-side analysts anticipate that National Vision Holdings, Inc. will post 0.31 EPS for the current year.

Analyst Ratings Changes

EYE has been the subject of several analyst reports. Barclays dropped their price target on shares of National Vision from $30.00 to $28.00 and set an “overweight” rating for the company in a research report on Thursday, August 7th. The Goldman Sachs Group increased their target price on shares of National Vision from $17.00 to $22.00 and gave the stock a “neutral” rating in a report on Thursday, August 7th. Wall Street Zen cut National Vision from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of National Vision in a research report on Wednesday, October 8th. Finally, Wells Fargo & Company set a $27.00 price objective on National Vision and gave the stock an “equal weight” rating in a report on Thursday, August 7th. Six analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $24.91.

Insider Buying and Selling at National Vision

In related news, Chairman L Reade Fahs sold 137,400 shares of the company’s stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $24.33, for a total value of $3,342,942.00. Following the sale, the chairman directly owned 544,795 shares of the company’s stock, valued at $13,254,862.35. This represents a 20.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.70% of the stock is owned by corporate insiders.

National Vision Company Profile

National Vision Holdings, Inc, through its subsidiaries, operates as an optical retailer in the United States. The company operates in two segments, Owned & Host and Legacy. It offers eyeglasses and contact lenses, and optical accessory products; provides eye exams through its America’s Best, Eyeglass World, Vista Optical, Fred Meyer, and Vista Optical military, as well as Vision Center branded stores; and offers health maintenance organization and optometric services.