2 weeks Ago By ABMN Staff
XTX Topco Ltd acquired a new position in NV5 Global, Inc. ( NASDAQ:NVEE – Free Report ) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 27,069 shares of the business services provider’s stock, valued at approximately $510,000.
Other hedge funds have also modified their holdings of the company. Sterling Capital Management LLC increased its holdings in NV5 Global by 3,320.5% in the 4th quarter.
Sterling Capital Management LLC now owns 1,505 shares of the business services provider’s stock worth $28,000 after acquiring an additional 1,461 shares in the last quarter. Blue Trust Inc. increased its stake in shares of NV5 Global by 287.
7% during the fourth quarter. Blue Trust Inc. now owns 2,512 shares of the business services provider’s stock worth $47,000 after purchasing an additional 1,864 shares in the last quarter.
SRS Capital Advisors Inc. raised its position in shares of NV5 Global by 296.5% during the 4th quarter.
SRS Capital Advisors Inc. now owns 3,584 shares of the business services provider’s stock worth $68,000 after purchasing an additional 2,680 shares during the last quarter. KBC Group NV lifted its stake in NV5 Global by 527.
5% in the 4th quarter. KBC Group NV now owns 4,223 shares of the business services provider’s stock valued at $80,000 after buying an additional 3,550 shares in the last quarter. Finally, Essex Investment Management Co.
LLC boosted its holdings in NV5 Global by 300.0% in the 4th quarter. Essex Investment Management Co.
LLC now owns 5,600 shares of the business services provider’s stock worth $106,000 after buying an additional 4,200 shares during the last quarter. 75.54% of the stock is owned by hedge funds and other institutional investors.
NV5 Global Trading Up 0.7 % NVEE opened at $15.82 on Monday.
The firm has a market capitalization of $1.03 billion, a price-to-earnings ratio of 32.12, a price-to-earnings-growth ratio of 2.
63 and a beta of 1.07. The company’s 50 day simple moving average is $17.
76 and its two-hundred day simple moving average is $19.71. NV5 Global, Inc.
has a 1-year low of $15.14 and a 1-year high of $26.14.
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 announced that its board has initiated a stock buyback program on Monday, January 6th that permits the company to buyback $20.00 million in shares.
This buyback authorization permits the business services provider to purchase up to 1.6% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.
Wall Street Analyst Weigh In A number of equities analysts have commented on the company. StockNews.com cut NV5 Global from a “buy” rating to a “hold” rating in a report on Wednesday, February 19th.
Roth Mkm increased their price objective on NV5 Global from $27.00 to $28.00 and gave the company a “buy” rating in a research note on Friday, February 21st.
Finally, Maxim Group lowered their target price on shares of NV5 Global from $29.00 to $24.00 and set a “buy” rating on the stock in a research note on Friday, February 21st.
Get Our Latest Stock Report on NV5 Global About NV5 Global ( 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. Recommended Stories Want to see what other hedge funds are holding NVEE? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for NV5 Global, Inc. ( NASDAQ:NVEE – Free Report ). Receive News & Ratings for NV5 Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NV5 Global and related companies with MarketBeat.
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