National Vision Holdings, Inc. (NASDAQ:EYE) Shares Sold by Allianz Asset Management GmbH

Allianz Asset Management GmbH decreased its holdings in National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) by 63.4% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,600 shares of the company's stock after selling 18,400 shares during the period. Allianz Asset Management GmbH's holdings in National Vision were worth $135,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Tower Research Capital LLC TRC increased its position in shares of National Vision by 87.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 7,050 shares of the company's stock worth $73,000 after purchasing an additional 3,291 shares in the last quarter. GAMMA Investing LLC increased its position in shares of National Vision by 49.2% during the first quarter. GAMMA Investing LLC now owns 7,318 shares of the company's stock worth $94,000 after purchasing an additional 2,412 shares in the last quarter. Teacher Retirement System of Texas acquired a new position in shares of National Vision during the first quarter worth $147,000. CWM LLC increased its position in shares of National Vision by 61.2% in the 1st quarter. CWM LLC now owns 11,494 shares of the company's stock valued at $147,000 after acquiring an additional 4,362 shares during the period. Finally, Guggenheim Capital LLC acquired a new position in shares of National Vision in the 4th quarter valued at $150,000.

Insider Buying and Selling at National Vision

In related news, SVP Ravi Acharya sold 12,000 shares of the company's stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $18.75, for a total transaction of $225,000.00. Following the completion of the transaction, the senior vice president owned 11,700 shares in the company, valued at $219,375. This represents a 50.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.70% of the stock is currently owned by company insiders.

National Vision Price Performance

Shares of EYE stock traded down $1.35 during mid-day trading on Friday, hitting $22.83. 918,531 shares of the stock were exchanged, compared to its average volume of 2,093,841. National Vision Holdings, Inc. has a 52-week low of $9.56 and a 52-week high of $25.67. The company has a quick ratio of 0.35, a current ratio of 0.52 and a debt-to-equity ratio of 0.30. The firm has a fifty day moving average of $23.47 and a 200 day moving average of $16.74. The company has a market cap of $1.80 billion, a PE ratio of -126.56, a price-to-earnings-growth ratio of 3.05 and a beta of 1.27.

National Vision (NASDAQ:EYE - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.06. National Vision had a negative net margin of 0.75% and a positive return on equity of 3.56%. The firm had revenue of $486.42 million during the quarter, compared to the consensus estimate of $469.21 million. During the same quarter in the prior year, the firm earned $0.15 EPS. The company's revenue for the quarter was up 7.7% on a year-over-year basis. Research analysts anticipate that National Vision Holdings, Inc. will post 0.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on EYE. Barclays cut their target price on National Vision from $30.00 to $28.00 and set an "overweight" rating on the stock in a research report on Thursday. Wall Street Zen downgraded National Vision from a "buy" rating to a "hold" rating in a research report on Saturday, July 26th. National Bankshares set a $30.00 target price on National Vision in a research report on Tuesday, July 8th. Loop Capital upped their price target on shares of National Vision from $18.00 to $20.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Finally, UBS Group reaffirmed a "buy" rating and issued a $30.00 price target on shares of National Vision in a report on Tuesday, July 8th. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $24.73.

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.