Edward H. Codispoti Sells 760 Shares of NV5 Global, Inc. (NASDAQ:NVEE) Stock

NV5 Global, Inc. (NASDAQ:NVEEGet Free Report) CFO Edward H. Codispoti sold 760 shares of the business’s stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $91.46, for a total transaction of $69,509.60. Following the completion of the sale, the chief financial officer now directly owns 16,929 shares in the company, valued at approximately $1,548,326.34. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

NV5 Global Stock Performance

NV5 Global stock opened at $90.05 on Friday. NV5 Global, Inc. has a 1-year low of $88.56 and a 1-year high of $119.56. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $1.45 billion, a PE ratio of 35.59, a price-to-earnings-growth ratio of 1.21 and a beta of 1.22. The firm’s 50 day simple moving average is $93.49 and its 200 day simple moving average is $100.45.

NV5 Global (NASDAQ:NVEEGet Free Report) last released its quarterly earnings results on Wednesday, May 8th. The business services provider reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.85 by ($0.19). The firm had revenue of $213.40 million during the quarter, compared to the consensus estimate of $208.42 million. NV5 Global had a return on equity of 9.31% and a net margin of 4.39%. The company’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.88 EPS. As a group, analysts expect that NV5 Global, Inc. will post 5.04 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently weighed in on NVEE. TheStreet lowered shares of NV5 Global from a “b-” rating to a “c+” rating in a research note on Wednesday, February 28th. StockNews.com lowered NV5 Global from a “buy” rating to a “hold” rating in a research note on Tuesday, February 27th. Finally, Roth Mkm restated a “buy” rating and issued a $128.00 target price (up previously from $121.00) on shares of NV5 Global in a research note on Thursday, May 9th.

Read Our Latest Research Report on NV5 Global

Institutional Trading of NV5 Global

A number of large investors have recently modified their holdings of the business. YHB Investment Advisors Inc. purchased a new stake in NV5 Global in the first quarter valued at approximately $26,000. First Horizon Advisors Inc. bought a new position in shares of NV5 Global in the 4th quarter worth $36,000. Quantbot Technologies LP purchased a new stake in shares of NV5 Global during the 3rd quarter valued at $68,000. Cim LLC bought a new stake in shares of NV5 Global during the 4th quarter worth $206,000. Finally, SG Americas Securities LLC purchased a new position in NV5 Global in the first quarter worth $228,000. Institutional investors own 75.54% of the company’s stock.

About NV5 Global

(Get Free Report)

NV5 Global, Inc provides technology, conformity assessment, consulting solutions, and software applications to public and private sector clients in the infrastructure, utility services, construction, real estate, environmental, and geospatial markets in the United States and internationally. It operates through three segments: Infrastructure; Building, Technology & Sciences; and Geospatial Solutions.

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