National Visions Holdings Inc (EYE, +1, May 25th)
Randolf Peeler (Chair since 2020, joined 2014) purchased 40,000 shares on May 23rd at $25.65, spending $1 million and increasing his holdings by +27% to 192,000 shares. Peeler’s two prior purchases in the shares, August 2020 at $35 and May 2022 at $24, both preceded sharp increases in the stock price. Peeler has made very large, but indirect sales (Berkshire Partners) in the past at higher prices, but these recent purchases are direct.
Thomas Taylor (Director since 2018) made just his second purchase, spending $50,000 on May 17th at $24. We ranked this stock +N on May 18th based on a $300,000 purchase from Reade Fahs (CEO since 2003, joined 2002).
With two more buyers to the pattern, especially considering Peeler’s record,
We are upgrading the shares further, from +N to +1.