MetLife Investment Management LLC increased its stake in NV5 Global, Inc. (NASDAQ:NVEE – Get Rating) by 2.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,184 shares of the business services provider’s stock after purchasing an additional 160 shares during the period. MetLife Investment Management LLC’s holdings in NV5 Global were worth $890,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in NVEE. Federated Hermes Inc. lifted its position in NV5 Global by 9.8% during the 2nd quarter. Federated Hermes Inc. now owns 18,715 shares of the business services provider’s stock worth $2,185,000 after buying an additional 1,670 shares in the last quarter. Russell Investments Group Ltd. lifted its position in NV5 Global by 13.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 72,438 shares of the business services provider’s stock worth $8,967,000 after buying an additional 8,810 shares in the last quarter. Prudential Financial Inc. lifted its position in NV5 Global by 3.1% during the 3rd quarter. Prudential Financial Inc. now owns 12,561 shares of the business services provider’s stock worth $1,555,000 after buying an additional 375 shares in the last quarter. Yousif Capital Management LLC lifted its position in NV5 Global by 2.2% during the 3rd quarter. Yousif Capital Management LLC now owns 10,676 shares of the business services provider’s stock worth $1,322,000 after buying an additional 231 shares in the last quarter. Finally, Cruiser Capital Advisors LLC lifted its position in NV5 Global by 3.4% during the 2nd quarter. Cruiser Capital Advisors LLC now owns 30,306 shares of the business services provider’s stock worth $3,538,000 after buying an additional 1,000 shares in the last quarter. 65.33% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In other NV5 Global news, COO Alexander A. Hockman sold 6,978 shares of the stock in a transaction dated Monday, December 12th. The shares were sold at an average price of $140.75, for a total value of $982,153.50. Following the transaction, the chief operating officer now directly owns 71,696 shares of the company’s stock, valued at approximately $10,091,212. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other NV5 Global news, CEO Dickerson Wright sold 10,000 shares of the stock in a transaction dated Monday, February 13th. The shares were sold at an average price of $128.25, for a total value of $1,282,500.00. Following the transaction, the chief executive officer now directly owns 476,229 shares of the company’s stock, valued at approximately $61,076,369.25. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, COO Alexander A. Hockman sold 6,978 shares of the stock in a transaction that occurred on Monday, December 12th. The stock was sold at an average price of $140.75, for a total transaction of $982,153.50. Following the transaction, the chief operating officer now owns 71,696 shares in the company, valued at approximately $10,091,212. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 26,978 shares of company stock valued at $3,586,954. 13.70% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
NV5 Global Stock Up 0.3 %
Shares of NVEE stock opened at $105.52 on Thursday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.92 and a current ratio of 1.81. The firm’s 50-day moving average is $130.45 and its 200-day moving average is $135.37. The stock has a market cap of $1.64 billion, a price-to-earnings ratio of 32.27, a PEG ratio of 1.32 and a beta of 1.13. NV5 Global, Inc. has a 52-week low of $95.51 and a 52-week high of $154.97.
About NV5 Global
NV5 Global, Inc engages in the provision of professional and technical consulting and certification solutions for public and private sector. It operates through the Infrastructure (INF), and Building, Technology, and Sciences (BTS) segment. The INF segment covers engineering, civil program management, and construction quality assurance practices.
Read More
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