Simplify Asset Management Inc. Has $5.78 Million Stake in National Vision Holdings, Inc. $EYE

Simplify Asset Management Inc. lowered its stake in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 29.6% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 197,840 shares of the company’s stock after selling 83,371 shares during the period. National Vision makes up 0.1% of Simplify Asset Management Inc.’s investment portfolio, making the stock its 28th biggest holding. Simplify Asset Management Inc. owned about 0.25% of National Vision worth $5,775,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Elevation Point Wealth Partners LLC bought a new position in National Vision during the second quarter valued at about $35,000. IFP Advisors Inc acquired a new stake in shares of National Vision during the 2nd quarter worth approximately $83,000. Canada Pension Plan Investment Board increased its position in shares of National Vision by 333.3% during the second quarter. Canada Pension Plan Investment Board now owns 3,900 shares of the company’s stock valued at $90,000 after purchasing an additional 3,000 shares during the period. USA Financial Formulas acquired a new position in shares of National Vision in the second quarter valued at $128,000. Finally, Bayforest Capital Ltd bought a new position in National Vision in the second quarter worth $196,000.

National Vision Stock Performance

NASDAQ:EYE opened at $26.57 on Tuesday. The stock has a market capitalization of $2.11 billion, a P/E ratio of -885.40, a price-to-earnings-growth ratio of 2.52 and a beta of 1.37. The company has a current ratio of 0.53, a quick ratio of 0.32 and a debt-to-equity ratio of 0.28. National Vision Holdings, Inc. has a 1 year low of $9.93 and a 1 year high of $29.87. The firm has a 50 day moving average of $26.88 and a 200-day moving average of $25.48.

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

Analyst Upgrades and Downgrades

Several brokerages have issued reports on EYE. Weiss Ratings reissued a “sell (d-)” rating on shares of National Vision in a report on Wednesday, October 8th. Wall Street Zen cut shares of National Vision from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Barclays raised their price target on shares of National Vision from $28.00 to $30.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 18th. UBS Group lowered their price objective on National Vision from $41.00 to $39.00 and set a “buy” rating on the stock in a research note on Tuesday, November 18th. Finally, Citigroup raised their target price on National Vision from $29.00 to $35.00 and gave the stock a “buy” rating in a research report on Tuesday, November 18th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.58.

National Vision Profile

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.