National Vision (NASDAQ:EYE) Chairman L Reade Fahs Sells 7,601 Shares

National Vision Holdings, Inc. (NASDAQ:EYE) Chairman L Reade Fahs sold 7,601 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $29.58, for a total transaction of $224,837.58. Following the sale, the chairman directly 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 filing with the SEC, which is available at this hyperlink.

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

• On Friday, March 6th, L Reade Fahs sold 4,071 shares of National Vision stock. The shares were sold at an average price of $29.57, for a total transaction of $120,379.47.

National Vision Trading Down 4.0%

EYE traded down $1.12 during trading on Monday, hitting $26.78. 1,602,440 shares of the company’s stock were exchanged, compared to its average volume of 1,267,572. National Vision Holdings, Inc. has a 1 year low of $10.45 and a 1 year high of $30.02. The stock has a 50 day moving average price of $27.22 and a 200 day moving average price of $26.62. The firm has a market cap of $2.13 billion, a P/E ratio of 72.38, a price-to-earnings-growth ratio of 2.18 and a beta of 1.38. The company has a current ratio of 0.55, a quick ratio of 0.33 and a debt-to-equity ratio of 0.26.

National Vision (NASDAQ:EYE) last issued its earnings results on Wednesday, March 4th. The company reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.09. National Vision had a net margin of 1.49% and a return on equity of 5.15%. The business had revenue of $503.41 million for the quarter, compared to the consensus estimate of $495.26 million. During the same quarter last year, the firm posted ($0.04) EPS. The business’s revenue for the quarter was up 15.1% compared to the same quarter last year. National Vision has set its FY 2026 guidance at 0.850-1.090 EPS. As a group, analysts expect that National Vision Holdings, Inc. will post 0.31 EPS for the current fiscal year.

Institutional Trading of National Vision

A number of hedge funds and other institutional investors have recently modified their holdings of EYE. Geneos Wealth Management Inc. acquired a new position in shares of National Vision in the third quarter worth about $29,000. Kestra Advisory Services LLC acquired a new stake in National Vision during the 4th quarter valued at approximately $28,000. Elevation Point Wealth Partners LLC purchased a new stake in National Vision during the 2nd quarter worth approximately $35,000. EverSource Wealth Advisors LLC increased its holdings in National Vision by 176.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,614 shares of the company’s stock worth $42,000 after purchasing an additional 1,031 shares during the last quarter. Finally, Quarry LP raised its position in shares of National Vision by 317.4% in the 3rd quarter. Quarry LP now owns 1,653 shares of the company’s stock valued at $48,000 after purchasing an additional 1,257 shares in the last quarter.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. UBS Group upped their target price on National Vision from $39.00 to $42.00 and gave the stock a “buy” rating in a research report on Thursday. Morgan Stanley boosted their price target on National Vision from $26.00 to $30.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 15th. Wells Fargo & Company upped their price target on National Vision from $27.00 to $30.00 and gave the stock an “equal weight” rating in a report on Thursday. Wolfe Research set a $35.00 price objective on shares of National Vision in a research report on Wednesday. Finally, Citigroup lifted their price objective on shares of National Vision from $35.00 to $40.00 and gave the company a “buy” rating in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, National Vision currently has an average rating of “Moderate Buy” and an average target price of $31.21.

National Vision Company 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.