Insider Selling: NV5 Global, Inc. (NASDAQ:NVEE) CEO Sells $113,071.66 in Stock

NV5 Global, Inc. (NASDAQ:NVEEGet Free Report) CEO Benjamin Heraud sold 1,222 shares of the company’s stock in a transaction that occurred on Tuesday, May 28th. The stock was sold at an average price of $92.53, for a total transaction of $113,071.66. Following the transaction, the chief executive officer now owns 18,455 shares of the company’s stock, valued at $1,707,641.15. The transaction was disclosed in a filing with the SEC, which is available through this link.

Benjamin Heraud also recently made the following trade(s):

  • On Tuesday, May 14th, Benjamin Heraud sold 3 shares of NV5 Global stock. The stock was sold at an average price of $94.06, for a total transaction of $282.18.

NV5 Global Trading Down 2.0 %

NVEE opened at $90.05 on Friday. NV5 Global, Inc. has a twelve month low of $88.56 and a twelve month high of $119.56. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 0.30. The company has a fifty day moving average of $93.49 and a 200-day moving average of $100.45. The stock has a market cap 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.

NV5 Global (NASDAQ:NVEEGet Free Report) last posted its quarterly earnings data 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). NV5 Global had a return on equity of 9.31% and a net margin of 4.39%. The firm had revenue of $213.40 million for the quarter, compared to analyst estimates of $208.42 million. During the same quarter last year, the company earned $0.88 earnings per share. The company’s quarterly revenue was up 15.8% compared to the same quarter last year. On average, sell-side analysts predict that NV5 Global, Inc. will post 5.04 EPS for the current year.

Analyst Ratings Changes

Several brokerages have issued reports on NVEE. Roth Mkm restated a “buy” rating and issued a $128.00 price target (up from $121.00) on shares of NV5 Global in a research report on Thursday, May 9th. StockNews.com cut shares of NV5 Global from a “buy” rating to a “hold” rating in a research report on Tuesday, February 27th. Finally, TheStreet cut shares of NV5 Global from a “b-” rating to a “c+” rating in a research report on Wednesday, February 28th.

View Our Latest Analysis on NVEE

Institutional Investors Weigh In On NV5 Global

Several large investors have recently modified their holdings of NVEE. YHB Investment Advisors Inc. acquired a new stake in shares of NV5 Global during the first quarter worth $26,000. First Horizon Advisors Inc. bought a new position in NV5 Global during the fourth quarter worth $36,000. Quantbot Technologies LP bought a new position in NV5 Global during the third quarter worth $68,000. Cim LLC bought a new position in NV5 Global during the fourth quarter worth $206,000. Finally, SG Americas Securities LLC bought a new position in NV5 Global during the first quarter worth $228,000. 75.54% of the stock is currently owned by institutional investors and hedge funds.

NV5 Global Company Profile

(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.

Further Reading

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

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