Lisanti Capital Growth LLC Makes New $4.04 Million Investment in National Vision Holdings, Inc. (NASDAQ:EYE)

Lisanti Capital Growth LLC bought a new position in National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 316,210 shares of the company's stock, valued at approximately $4,041,000. Lisanti Capital Growth LLC owned about 0.40% of National Vision at the end of the most recent quarter.

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

Insider Buying and Selling at National Vision

In other National Vision news, SVP Ravi Acharya sold 12,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $18.75, for a total value of $225,000.00. Following the completion of the sale, the senior vice president now directly owns 11,700 shares in the company, valued at $219,375. This trade represents a 50.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.70% of the stock is owned by insiders.

National Vision Stock Down 1.1%

Shares of NASDAQ EYE traded down $0.27 during midday trading on Monday, reaching $22.90. 462,313 shares of the company's stock traded hands, compared to its average volume of 1,916,014. The company has a market cap of $1.81 billion, a price-to-earnings ratio of -69.44, a P/E/G ratio of 3.40 and a beta of 1.24. The stock's 50 day simple moving average is $18.48 and its 200-day simple moving average is $14.03. The company has a quick ratio of 0.35, a current ratio of 0.54 and a debt-to-equity ratio of 0.29. National Vision Holdings, Inc. has a one year low of $9.56 and a one year high of $23.42.

National Vision (NASDAQ:EYE - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.02. The business 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% on a year-over-year basis. During the same quarter last year, the firm earned $0.32 EPS. On average, analysts predict that National Vision Holdings, Inc. will post 0.31 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Wells Fargo & Company increased their target price on National Vision from $13.00 to $15.00 and gave the stock an "equal weight" rating in a research note on Thursday, May 8th. Citigroup raised shares of National Vision from a "neutral" rating to a "buy" rating and raised their price target for the stock from $13.00 to $21.00 in a research note on Friday, May 9th. Bank of America boosted their price objective on shares of National Vision from $22.00 to $26.00 and gave the company a "buy" rating in a research report on Wednesday, June 18th. Barclays raised their target price on shares of National Vision from $14.00 to $17.00 and gave the stock an "equal weight" rating in a research report on Monday, May 12th. Finally, Loop Capital boosted their price target on National Vision from $18.00 to $20.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $18.67.

National Vision 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.