NV5 Global, Inc. (NASDAQ:NVEE) Shares Sold by Jane Street Group LLC

Jane Street Group LLC cut its position in NV5 Global, Inc. (NASDAQ:NVEE) by 62.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,744 shares of the business services provider’s stock after selling 17,918 shares during the period. Jane Street Group LLC’s holdings in NV5 Global were worth $1,004,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Redwood Grove Capital LLC acquired a new position in shares of NV5 Global in the third quarter valued at about $12,599,000. Janus Henderson Group PLC increased its holdings in shares of NV5 Global by 42.5% in the third quarter. Janus Henderson Group PLC now owns 8,040 shares of the business services provider’s stock valued at $750,000 after purchasing an additional 2,396 shares during the period. BNP Paribas Financial Markets increased its holdings in shares of NV5 Global by 12.5% in the third quarter. BNP Paribas Financial Markets now owns 6,342 shares of the business services provider’s stock valued at $593,000 after purchasing an additional 703 shares during the period. Quantbot Technologies LP increased its holdings in shares of NV5 Global by 143.4% in the third quarter. Quantbot Technologies LP now owns 5,437 shares of the business services provider’s stock valued at $508,000 after purchasing an additional 3,203 shares during the period. Finally, Swedbank AB increased its holdings in shares of NV5 Global by 27.3% in the third quarter. Swedbank AB now owns 350,000 shares of the business services provider’s stock valued at $32,718,000 after purchasing an additional 75,000 shares during the period. 75.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on NVEE. StockNews.com raised NV5 Global from a “hold” rating to a “buy” rating in a report on Thursday, December 26th. Robert W. Baird dropped their target price on NV5 Global from $26.00 to $25.00 and set a “neutral” rating on the stock in a report on Friday, November 8th.

Insider Buying and Selling at NV5 Global

In other NV5 Global news, VP Richard Tong sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $20.08, for a total value of $401,600.00. Following the sale, the vice president now directly owns 45,584 shares of the company’s stock, valued at approximately $915,326.72. This trade represents a 30.50 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 12.40% of the stock is owned by corporate insiders.

NV5 Global Stock Down 0.5 %

NV5 Global stock opened at $18.84 on Tuesday. The firm has a market cap of $1.23 billion, a price-to-earnings ratio of 33.49, a price-to-earnings-growth ratio of 3.21 and a beta of 1.19. NV5 Global, Inc. has a 52 week low of $18.54 and a 52 week high of $28.29. The business’s 50-day moving average price is $21.56 and its 200 day moving average price is $22.85. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 0.30.

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.