NV5 Global Inc (NASDAQ:NVEE) VP Michael P. Rama Sells 1,000 Shares

NV5 Global Inc (NASDAQ:NVEE) VP Michael P. Rama sold 1,000 shares of the firm’s stock in a transaction on Monday, June 10th. The stock was sold at an average price of $82.52, for a total value of $82,520.00. Following the completion of the sale, the vice president now owns 27,300 shares of the company’s stock, valued at $2,252,796. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

NASDAQ:NVEE opened at $81.85 on Tuesday. NV5 Global Inc has a twelve month low of $51.46 and a twelve month high of $96.70. The firm has a market cap of $1.03 billion, a PE ratio of 25.26, a price-to-earnings-growth ratio of 1.07 and a beta of 1.35. The company has a quick ratio of 2.51, a current ratio of 2.51 and a debt-to-equity ratio of 0.18.

NV5 Global (NASDAQ:NVEE) last released its earnings results on Wednesday, May 8th. The business services provider reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.08. NV5 Global had a return on equity of 14.09% and a net margin of 6.38%. The business had revenue of $117.34 million during the quarter, compared to the consensus estimate of $114.72 million. On average, sell-side analysts anticipate that NV5 Global Inc will post 3.82 earnings per share for the current year.



Several large investors have recently added to or reduced their stakes in NVEE. Ashford Capital Management Inc. lifted its position in shares of NV5 Global by 71.2% during the first quarter. Ashford Capital Management Inc. now owns 365,195 shares of the business services provider’s stock worth $21,678,000 after purchasing an additional 151,900 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of NV5 Global by 20.6% during the third quarter. Vanguard Group Inc. now owns 453,243 shares of the business services provider’s stock worth $39,297,000 after purchasing an additional 77,550 shares during the last quarter. Summit Creek Advisors LLC lifted its position in shares of NV5 Global by 18.3% during the first quarter. Summit Creek Advisors LLC now owns 265,998 shares of the business services provider’s stock worth $15,790,000 after purchasing an additional 41,060 shares during the last quarter. Eagle Asset Management Inc. lifted its position in shares of NV5 Global by 50.0% during the first quarter. Eagle Asset Management Inc. now owns 109,975 shares of the business services provider’s stock worth $6,528,000 after purchasing an additional 36,638 shares during the last quarter. Finally, Fort Pitt Capital Group LLC bought a new stake in shares of NV5 Global during the fourth quarter worth $1,854,000. Institutional investors and hedge funds own 62.31% of the company’s stock.

A number of analysts recently issued reports on the company. Zacks Investment Research upgraded NV5 Global from a “hold” rating to a “buy” rating and set a $82.00 price target for the company in a research report on Wednesday, May 15th. ValuEngine upgraded NV5 Global from a “hold” rating to a “buy” rating in a research report on Wednesday, May 22nd. BidaskClub upgraded NV5 Global from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 18th. Roth Capital raised their price target on NV5 Global from $90.00 to $96.00 and gave the stock a “buy” rating in a research report on Thursday, May 9th. Finally, Maxim Group restated a “buy” rating and issued a $85.00 price target on shares of NV5 Global in a research report on Wednesday, June 5th. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. NV5 Global has an average rating of “Buy” and a consensus target price of $90.57.

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About NV5 Global

NV5 Global, Inc provides professional and technical engineering and consulting services to public and private sector clients in the infrastructure, energy, construction, real estate, and environmental markets in the United States and internationally. It operates through two segments, Infrastructure; and Building, Technology & Sciences.

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