According to Zacks, “NV5 Holding Inc. offers professional, technical consulting and certification solutions for public and private sector. The company focuses on business services which include construction quality assurance, infrastructure engineering, energy services, program management, and environmental services. It operates in California, Colorado, Utah, Florida and New Jersey. NV5 Holding Inc. is headquartered in Hollywood, Florida. “
Several other brokerages also recently issued reports on NVEE. Seaport Global Securities restated an accumulate rating on shares of NV5 Holdings in a research report on Thursday, August 4th. Singular Research assumed coverage on shares of NV5 Holdings in a research report on Friday, July 22nd. They set a buy rating and a $39.00 price objective for the company.
NV5 Holdings (NASDAQ:NVEE) traded down 1.04% during trading on Tuesday, hitting $30.51. The company had a trading volume of 18,306 shares. The stock has a market capitalization of $268.27 million, a PE ratio of 23.93 and a beta of 1.41. NV5 Holdings has a one year low of $15.00 and a one year high of $37.00. The stock has a 50-day moving average of $31.24 and a 200-day moving average of $29.33.
NV5 Holdings (NASDAQ:NVEE) last issued its quarterly earnings data on Thursday, August 4th. The company reported $0.38 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.36 by $0.02. The firm earned $57.10 million during the quarter, compared to the consensus estimate of $58.90 million. NV5 Holdings had a net margin of 5.52% and a return on equity of 13.13%. On average, equities analysts anticipate that NV5 Holdings will post $1.66 EPS for the current year.
In other news, COO Alexander A. Hockman sold 4,000 shares of NV5 Holdings stock in a transaction that occurred on Monday, August 29th. The shares were sold at an average price of $31.60, for a total value of $126,400.00. Following the completion of the sale, the chief operating officer now directly owns 264,799 shares in the company, valued at $8,367,648.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Richard Tong sold 3,566 shares of NV5 Holdings stock in a transaction that occurred on Friday, August 12th. The shares were sold at an average price of $34.08, for a total transaction of $121,529.28. Following the completion of the sale, the vice president now owns 40,219 shares of the company’s stock, valued at $1,370,663.52. The disclosure for this sale can be found here. 32.90% of the stock is currently owned by insiders.
Several large investors have recently added to or reduced their stakes in NVEE. Geode Capital Management LLC increased its stake in NV5 Holdings by 1.1% in the first quarter. Geode Capital Management LLC now owns 28,913 shares of the company’s stock worth $775,000 after buying an additional 326 shares during the last quarter. Navellier & Associates Inc increased its position in shares of NV5 Holdings by 1.7% in the second quarter. Navellier & Associates Inc now owns 35,425 shares of the company’s stock valued at $1,007,000 after buying an additional 600 shares in the last quarter. American International Group Inc. increased its position in shares of NV5 Holdings by 41.1% in the second quarter. American International Group Inc. now owns 4,224 shares of the company’s stock valued at $120,000 after buying an additional 1,231 shares in the last quarter. Oxford Asset Management increased its position in shares of NV5 Holdings by 2.7% in the second quarter. Oxford Asset Management now owns 49,547 shares of the company’s stock valued at $1,409,000 after buying an additional 1,325 shares in the last quarter. Finally, Nationwide Fund Advisors increased its position in shares of NV5 Holdings by 46.0% in the second quarter. Nationwide Fund Advisors now owns 4,786 shares of the company’s stock valued at $136,000 after buying an additional 1,507 shares in the last quarter. Institutional investors own 45.00% of the company’s stock.
NV5 Holdings Company Profile
NV5 Global, Inc, formerly NV5 Holdings, Inc, is a holding company. The Company provides professional and technical engineering and consulting solutions to public and private sector clients. The Company’s operations are organized into three segments: infrastructure, engineering and support services (INF), construction quality assurance (CQA) and program management services (PM).
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