217,300 Shares in National Vision Holdings, Inc. (NASDAQ:EYE) Acquired by Polar Asset Management Partners Inc.

Polar Asset Management Partners Inc. acquired a new position in shares of National Vision Holdings, Inc. (NASDAQ:EYE - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 217,300 shares of the company's stock, valued at approximately $2,264,000. Polar Asset Management Partners Inc. owned 0.28% of National Vision as of its most recent SEC filing.

Several other large investors also recently modified their holdings of EYE. Tower Research Capital LLC TRC grew its holdings in National Vision by 87.5% in 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 during the period. Guggenheim Capital LLC bought a new stake in shares of National Vision during the fourth quarter worth about $150,000. Norges Bank bought a new stake in shares of National Vision during the fourth quarter worth about $176,000. KLP Kapitalforvaltning AS bought a new stake in shares of National Vision during the fourth quarter worth about $178,000. Finally, Stoneridge Investment Partners LLC increased its position in shares of National Vision by 16.5% during the fourth quarter. Stoneridge Investment Partners LLC now owns 17,511 shares of the company's stock worth $182,000 after acquiring an additional 2,475 shares in the last quarter.

Insider Transactions at National Vision

In other National Vision news, SVP Ravi Acharya sold 12,000 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the senior vice president now owns 11,700 shares in the company, valued at $219,375. The trade was a 50.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 2.70% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on EYE shares. Bank of America raised shares of National Vision from an "underperform" rating to a "buy" rating in a research report on Wednesday, May 7th. Citigroup upgraded shares of National Vision from a "neutral" rating to a "buy" rating and boosted their target price for the company from $13.00 to $21.00 in a research note on Friday, May 9th. Loop Capital increased 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. Wells Fargo & Company increased their price objective on National Vision from $13.00 to $15.00 and gave the stock an "equal weight" rating in a report on Thursday, May 8th. Finally, The Goldman Sachs Group increased their price objective on National Vision from $13.00 to $17.00 and gave the stock a "neutral" rating in a report on Friday, May 9th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $17.75.

National Vision Stock Performance

National Vision stock traded down $0.14 during trading on Friday, reaching $19.81. The company had a trading volume of 2,216,747 shares, compared to its average volume of 1,835,531. National Vision Holdings, Inc. has a 52 week low of $9.56 and a 52 week high of $20.16. The firm's 50-day simple moving average is $14.44 and its 200 day simple moving average is $12.57. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of -99.05, a price-to-earnings-growth ratio of 3.27 and a beta of 1.02. The company has a current ratio of 0.57, a quick ratio of 0.37 and a debt-to-equity ratio of 0.30.

National Vision (NASDAQ:EYE - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.34 EPS for the quarter, beating analysts' consensus estimates 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 3.52% and a negative net margin of 0.81%. The business's quarterly revenue was up 5.7% on a year-over-year basis. During the same period last year, the firm earned $0.32 earnings per share. Sell-side analysts forecast that National Vision Holdings, Inc. will post 0.31 earnings per share for the current fiscal year.

About National Vision

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.