NV5 Global Inc (NASDAQ:NVEE) CFO Michael P. Rama sold 1,800 shares of the firm’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $55.20, for a total value of $99,360.00. Following the transaction, the chief financial officer now owns 29,949 shares of the company’s stock, valued at $1,653,184.80. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Shares of NV5 Global Inc (NVEE) traded down $0.40 during trading on Tuesday, reaching $54.60. The company had a trading volume of 38,411 shares, compared to its average volume of 54,099. NV5 Global Inc has a 12 month low of $33.10 and a 12 month high of $58.95. The stock has a market cap of $588.89, a PE ratio of 25.65, a price-to-earnings-growth ratio of 1.18 and a beta of 1.83. The company has a quick ratio of 2.54, a current ratio of 2.54 and a debt-to-equity ratio of 0.41.

NV5 Global (NASDAQ:NVEE) last announced its earnings results on Wednesday, November 8th. The business services provider reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.70 by $0.05. NV5 Global had a return on equity of 14.75% and a net margin of 5.23%. The company had revenue of $91.26 million during the quarter, compared to analysts’ expectations of $103.15 million. equities research analysts anticipate that NV5 Global Inc will post 2.34 EPS for the current year.

A number of brokerages recently commented on NVEE. Zacks Investment Research upgraded NV5 Global from a “hold” rating to a “buy” rating and set a $58.00 target price for the company in a report on Saturday, November 11th. Lake Street Capital raised their target price on NV5 Global to $66.00 and gave the company a “buy” rating in a report on Thursday, November 9th. Roth Capital raised their target price on NV5 Global from $48.00 to $60.00 and gave the company a “buy” rating in a report on Thursday, November 9th. Seaport Global Securities restated a “buy” rating and set a $61.00 target price (up from $42.00) on shares of NV5 Global in a report on Wednesday, October 11th. Finally, ValuEngine cut NV5 Global from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $58.00.

Hedge funds have recently bought and sold shares of the business. Sei Investments Co. raised its position in NV5 Global by 123.5% in the 3rd quarter. Sei Investments Co. now owns 2,937 shares of the business services provider’s stock valued at $160,000 after purchasing an additional 1,623 shares in the last quarter. Victory Capital Management Inc. raised its position in NV5 Global by 536.1% in the 3rd quarter. Victory Capital Management Inc. now owns 3,664 shares of the business services provider’s stock valued at $200,000 after purchasing an additional 3,088 shares in the last quarter. Simplex Trading LLC raised its position in NV5 Global by 1,972.5% in the 3rd quarter. Simplex Trading LLC now owns 4,000 shares of the business services provider’s stock valued at $218,000 after purchasing an additional 3,807 shares in the last quarter. Bank of America Corp DE raised its position in NV5 Global by 129.0% in the 1st quarter. Bank of America Corp DE now owns 4,590 shares of the business services provider’s stock valued at $173,000 after purchasing an additional 2,586 shares in the last quarter. Finally, Thompson Siegel & Walmsley LLC raised its position in NV5 Global by 512.5% in the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 4,900 shares of the business services provider’s stock valued at $208,000 after purchasing an additional 4,100 shares in the last quarter. 56.21% of the stock is currently owned by institutional investors.

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NV5 Global Company Profile

NV5 Global, Inc, formerly NV5 Holdings, Inc, is a holding company. The Company provides professional and technical engineering and consulting solutions to public and private sector clients in the infrastructure, energy, construction, real estate and environmental markets. It focuses on five business verticals: construction quality assurance, infrastructure, energy, program management, and environmental solutions.

Insider Buying and Selling by Quarter for NV5 Global (NASDAQ:NVEE)

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