Allspring Global Investments Holdings LLC Purchases 582,353 Shares of National Vision Holdings, Inc. (NASDAQ:EYE)

Allspring Global Investments Holdings LLC lifted its stake in shares of National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) by 141.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 993,558 shares of the company's stock after buying an additional 582,353 shares during the quarter. Allspring Global Investments Holdings LLC owned about 1.26% of National Vision worth $12,718,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Mercer Global Advisors Inc. ADV grew its position in National Vision by 6.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 22,470 shares of the company's stock valued at $234,000 after purchasing an additional 1,298 shares during the period. Wells Fargo & Company MN grew its position in National Vision by 3.2% in the 4th quarter. Wells Fargo & Company MN now owns 45,211 shares of the company's stock valued at $471,000 after purchasing an additional 1,394 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in National Vision by 3.9% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,309 shares of the company's stock valued at $462,000 after purchasing an additional 1,677 shares during the period. GAMMA Investing LLC grew its position in National Vision by 49.2% in the 1st quarter. GAMMA Investing LLC now owns 7,318 shares of the company's stock valued at $94,000 after purchasing an additional 2,412 shares during the period. Finally, Tower Research Capital LLC TRC grew its position in National Vision by 87.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 7,050 shares of the company's stock valued at $73,000 after purchasing an additional 3,291 shares during the period.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on EYE. The Goldman Sachs Group lifted their price target on shares of National Vision from $13.00 to $17.00 and gave the company a "neutral" rating in a research report on Friday, May 9th. Citigroup upgraded National Vision from a "neutral" rating to a "buy" rating and raised their price objective for the company from $13.00 to $21.00 in a research note on Friday, May 9th. Loop Capital raised their price objective on National Vision from $18.00 to $20.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. UBS Group raised their price objective on National Vision from $18.00 to $20.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Finally, Bank of America raised their price objective on National Vision from $22.00 to $26.00 and gave the company a "buy" rating in a research note on Wednesday, June 18th. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $18.67.

Insider Activity at National Vision

In other news, SVP Ravi Acharya sold 12,000 shares of National Vision stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $18.75, for a total transaction of $225,000.00. Following the sale, the senior vice president directly owned 11,700 shares in the company, valued at $219,375. The trade was a 50.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.70% of the stock is owned by insiders.

National Vision Stock Performance

Shares of NASDAQ EYE traded down $0.27 during mid-day trading on Friday, reaching $23.90. 1,076,297 shares of the company's stock were exchanged, compared to its average volume of 1,910,648. The firm has a market capitalization of $1.89 billion, a price-to-earnings ratio of -72.41, a price-to-earnings-growth ratio of 3.50 and a beta of 1.27. National Vision Holdings, Inc. has a 52 week low of $9.56 and a 52 week high of $24.69. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.54 and a quick ratio of 0.35. The firm has a 50-day moving average price of $19.69 and a two-hundred day moving average price of $14.45.

National Vision (NASDAQ:EYE - Get Free Report) last released its earnings results on Wednesday, May 7th. The company reported $0.34 EPS for the quarter, topping analysts' consensus estimates of $0.32 by $0.02. The company had revenue of $510.32 million for the quarter, compared to analysts' expectations of $510.30 million. National Vision had a positive return on equity of 3.44% and a negative net margin of 1.40%. The business's revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.32 EPS. Analysts predict that National Vision Holdings, Inc. will post 0.31 EPS for the current year.

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.