Shares of NV5 Global, Inc. (NASDAQ:NVEE – Get Free Report) have been assigned an average recommendation of “Hold” from the seven ratings firms that are currently covering the firm, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $25.6667.
NVEE has been the subject of several recent research reports. CJS Securities cut shares of NV5 Global from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 10th. Maxim Group reissued a “hold” rating on shares of NV5 Global in a research report on Thursday, July 3rd. William Blair reissued a “market perform” rating on shares of NV5 Global in a research report on Thursday, May 15th. Lake Street Capital lowered shares of NV5 Global from a “buy” rating to a “hold” rating in a report on Thursday, May 15th. Finally, Wall Street Zen lowered shares of NV5 Global from a “buy” rating to a “hold” rating in a report on Wednesday, May 14th.
View Our Latest Research Report on NVEE
NV5 Global Stock Performance
Institutional Investors Weigh In On NV5 Global
A number of hedge funds and other institutional investors have recently modified their holdings of the company. New York Life Investment Management LLC acquired a new stake in NV5 Global during the 2nd quarter worth $3,281,000. Teacher Retirement System of Texas raised its stake in NV5 Global by 24.9% during the 2nd quarter. Teacher Retirement System of Texas now owns 208,931 shares of the business services provider’s stock worth $4,824,000 after acquiring an additional 41,717 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in NV5 Global by 10.6% in the second quarter. Envestnet Asset Management Inc. now owns 203,381 shares of the business services provider’s stock valued at $4,696,000 after purchasing an additional 19,474 shares during the period. QV Investors Inc. increased its stake in NV5 Global by 8.7% in the second quarter. QV Investors Inc. now owns 62,700 shares of the business services provider’s stock valued at $1,448,000 after purchasing an additional 5,000 shares during the period. Finally, Bernzott Capital Advisors increased its stake in NV5 Global by 2.2% in the second quarter. Bernzott Capital Advisors now owns 400,319 shares of the business services provider’s stock valued at $9,243,000 after purchasing an additional 8,670 shares during the period. 75.54% of the stock is currently owned by institutional investors and hedge funds.
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.
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