NV5 Global, Inc. (NASDAQ:NVEE) Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC grew its holdings in NV5 Global, Inc. (NASDAQ:NVEE - Free Report) by 439.1% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 12,539 shares of the business services provider's stock after acquiring an additional 10,213 shares during the quarter. SG Americas Securities LLC owned about 0.08% of NV5 Global worth $1,166,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. YHB Investment Advisors Inc. purchased a new stake in shares of NV5 Global during the 1st quarter worth approximately $26,000. First Horizon Advisors Inc. purchased a new stake in NV5 Global in the fourth quarter valued at $36,000. Cim LLC acquired a new position in NV5 Global in the fourth quarter valued at $206,000. Cetera Trust Company N.A purchased a new position in shares of NV5 Global during the fourth quarter worth about $231,000. Finally, Janney Montgomery Scott LLC increased its position in shares of NV5 Global by 11.5% during the first quarter. Janney Montgomery Scott LLC now owns 2,724 shares of the business services provider's stock worth $267,000 after purchasing an additional 281 shares in the last quarter. Institutional investors and hedge funds own 75.54% of the company's stock.

NV5 Global Stock Performance

Shares of NASDAQ:NVEE traded down $1.14 on Friday, reaching $95.81. The company's stock had a trading volume of 84,625 shares, compared to its average volume of 77,903. NV5 Global, Inc. has a 52-week low of $88.26 and a 52-week high of $115.01. The stock has a market capitalization of $1.55 billion, a P/E ratio of 37.87, a PEG ratio of 1.35 and a beta of 1.22. The stock's 50-day moving average is $95.32 and its two-hundred day moving average is $97.14. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.05 and a quick ratio of 2.05.

NV5 Global (NASDAQ:NVEE - Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The business services provider reported $1.24 EPS for the quarter, beating the consensus estimate of $1.21 by $0.03. The firm had revenue of $236.33 million during the quarter, compared to the consensus estimate of $235.58 million. NV5 Global had a return on equity of 9.31% and a net margin of 4.39%. The firm's revenue was up 6.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.29 EPS. As a group, sell-side analysts forecast that NV5 Global, Inc. will post 5.04 EPS for the current year.

Insider Activity

In related news, CEO Benjamin Heraud sold 1,222 shares of the business's stock in a transaction dated Tuesday, May 28th. The shares were sold at an average price of $92.53, for a total transaction of $113,071.66. Following the sale, 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 legal filing with the SEC, which can be accessed through this link. In related news, CEO Benjamin Heraud sold 1,222 shares of the firm'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 value of $113,071.66. Following the completion of the transaction, the chief executive officer now directly owns 18,455 shares of the company's stock, valued at approximately $1,707,641.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Richard Tong sold 3,119 shares of the business's stock in a transaction on Wednesday, June 12th. The stock was sold at an average price of $94.00, for a total value of $293,186.00. Following the sale, the vice president now owns 16,288 shares in the company, valued at $1,531,072. The disclosure for this sale can be found here. Insiders sold 5,101 shares of company stock worth $475,767 in the last 90 days. 12.40% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Separately, Roth Mkm reissued a "buy" rating and issued a $130.00 target price (up from $128.00) on shares of NV5 Global in a research report on Thursday, August 8th.

NV5 Global 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.