National Vision Holdings Insiders Placed Bullish Bets Worth US$1.06m

Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like they did in the case of National Vision Holdings, Inc. (NASDAQ:EYE), that sends out a positive message to the company's shareholders.

While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.

We check all companies for important risks. See what we found for National Vision Holdings in our free report.

National Vision Holdings Insider Transactions Over The Last Year

The Independent Chairman David Peeler made the biggest insider purchase in the last 12 months. That single transaction was for US$491k worth of shares at a price of US$14.45 each. That means that even when the share price was higher than US$13.33 (the recent price), an insider wanted to purchase shares. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. We always take careful note of the price insiders pay when purchasing shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

While National Vision Holdings insiders bought shares during the last year, they didn't sell. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

View our latest analysis for National Vision Holdings

National Vision Holdings is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying.

Insider Ownership

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 2.2% of National Vision Holdings shares, worth about US$23m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

What Might The Insider Transactions At National Vision Holdings Tell Us?

It doesn't really mean much that no insider has traded National Vision Holdings shares in the last quarter. On a brighter note, the transactions over the last year are encouraging. Insiders own shares in National Vision Holdings and we see no evidence to suggest they are worried about the future. Of course, the future is what matters most. So if you are interested in National Vision Holdings, you should check out this free report on analyst forecasts for the company.

But note: National Vision Holdings may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.