NV5 Global, Inc. (NASDAQ:NVEE) Shares Sold by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC lowered its stake in shares of NV5 Global, Inc. (NASDAQ:NVEE) by 1.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,362 shares of the business services provider’s stock after selling 141 shares during the period. Linden Thomas Advisory Services LLC’s holdings in NV5 Global were worth $1,374,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in NVEE. Tandem Investment Advisors Inc. lifted its position in NV5 Global by 4.1% during the fourth quarter. Tandem Investment Advisors Inc. now owns 3,539 shares of the business services provider’s stock worth $393,000 after buying an additional 139 shares during the period. AE Wealth Management LLC lifted its position in NV5 Global by 2.0% during the third quarter. AE Wealth Management LLC now owns 7,866 shares of the business services provider’s stock worth $757,000 after buying an additional 152 shares during the period. Taylor Frigon Capital Management LLC lifted its position in NV5 Global by 0.5% during the third quarter. Taylor Frigon Capital Management LLC now owns 31,255 shares of the business services provider’s stock worth $3,008,000 after buying an additional 165 shares during the period. Renaissance Group LLC lifted its position in NV5 Global by 1.3% during the third quarter. Renaissance Group LLC now owns 13,548 shares of the business services provider’s stock worth $1,304,000 after buying an additional 176 shares during the period. Finally, Rhumbline Advisers lifted its position in NV5 Global by 1.0% during the third quarter. Rhumbline Advisers now owns 37,010 shares of the business services provider’s stock worth $3,561,000 after buying an additional 380 shares during the period. Institutional investors and hedge funds own 75.54% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on NVEE shares. TheStreet downgraded NV5 Global from a “b-” rating to a “c+” rating in a research report on Wednesday, February 28th. StockNews.com downgraded NV5 Global from a “buy” rating to a “hold” rating in a report on Tuesday, February 27th. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $119.67.

Insider Buying and Selling at NV5 Global

In other NV5 Global news, VP Donald C. Alford sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $100.12, for a total transaction of $100,120.00. Following the completion of the sale, the vice president now owns 2,541 shares in the company, valued at approximately $254,404.92. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, VP Donald C. Alford sold 1,000 shares of the business’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $100.12, for a total transaction of $100,120.00. Following the transaction, the vice president now directly owns 2,541 shares in the company, valued at $254,404.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Donald C. Alford sold 2,459 shares of the stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $99.53, for a total value of $244,744.27. Following the sale, the vice president now owns 3,542 shares in the company, valued at $352,535.26. The disclosure for this sale can be found here. 12.40% of the stock is owned by insiders.

NV5 Global Stock Up 0.4 %

Shares of NVEE stock traded up $0.38 during trading hours on Wednesday, reaching $91.77. The company had a trading volume of 21,294 shares, compared to its average volume of 74,353. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.06 and a current ratio of 2.06. NV5 Global, Inc. has a twelve month low of $88.56 and a twelve month high of $119.56. The company has a market capitalization of $1.46 billion, a P/E ratio of 31.62, a price-to-earnings-growth ratio of 1.14 and a beta of 1.09. The stock’s fifty day simple moving average is $98.99 and its 200 day simple moving average is $101.84.

NV5 Global (NASDAQ:NVEE) last issued its quarterly earnings data on Thursday, February 22nd. The business services provider reported $1.14 earnings per share for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.08). NV5 Global had a net margin of 5.18% and a return on equity of 9.94%. The business had revenue of $215.50 million for the quarter, compared to analyst estimates of $216.00 million. During the same quarter last year, the business earned $1.21 EPS. As a group, sell-side analysts expect that NV5 Global, Inc. will post 5.02 earnings per share for the current fiscal year.

NV5 Global Company Profile

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.