Cwm LLC Decreases Stock Holdings in NV5 Global, Inc. (NASDAQ:NVEE)

Cwm LLC reduced its holdings in shares of NV5 Global, Inc. (NASDAQ:NVEE) by 8.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 9,517 shares of the business services provider’s stock after selling 911 shares during the period. Cwm LLC’s holdings in NV5 Global were worth $1,058,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Tandem Investment Advisors Inc. grew its stake 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 grew its stake 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 grew its stake 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 grew its stake 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 grew its stake 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. 75.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at NV5 Global

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

NV5 Global Price Performance

Shares of NVEE stock opened at $93.98 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 current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $1.50 billion, a PE ratio of 32.52, a price-to-earnings-growth ratio of 1.19 and a beta of 1.09. The firm has a fifty day simple moving average of $97.96 and a 200-day simple moving average of $101.60.

NV5 Global (NASDAQ:NVEE) last posted its quarterly earnings data on Thursday, February 22nd. The business services provider reported $1.14 EPS 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 company had revenue of $215.50 million for the quarter, compared to the consensus estimate of $216.00 million. During the same quarter last year, the company earned $1.21 earnings per share. Equities research analysts anticipate 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.