Russell Investments Group Ltd. Has $7.73 Million Stock Holdings in NV5 Global, Inc. (NASDAQ:NVEE)

Russell Investments Group Ltd. raised its stake in NV5 Global, Inc. (NASDAQ:NVEE) by 3.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 78,405 shares of the business services provider’s stock after buying an additional 2,310 shares during the quarter. Russell Investments Group Ltd. owned 0.51% of NV5 Global worth $7,727,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in NVEE. Toronto Dominion Bank acquired a new position in shares of NV5 Global during the 2nd quarter worth $40,000. SRS Capital Advisors Inc. increased its stake in shares of NV5 Global by 12.3% during the 3rd quarter. SRS Capital Advisors Inc. now owns 1,006 shares of the business services provider’s stock worth $99,000 after purchasing an additional 110 shares during the last quarter. Legal & General Group Plc increased its stake in shares of NV5 Global by 9.4% during the 2nd quarter. Legal & General Group Plc now owns 1,807 shares of the business services provider’s stock worth $170,000 after purchasing an additional 155 shares during the last quarter. Advisor Group Holdings Inc. increased its stake in shares of NV5 Global by 76.1% during the 2nd quarter. Advisor Group Holdings Inc. now owns 1,900 shares of the business services provider’s stock worth $179,000 after purchasing an additional 821 shares during the last quarter. Finally, Victory Capital Management Inc. increased its stake in shares of NV5 Global by 8.6% during the 2nd quarter. Victory Capital Management Inc. now owns 2,742 shares of the business services provider’s stock worth $259,000 after purchasing an additional 217 shares during the last quarter. Hedge funds and other institutional investors own 61.53% of the company’s stock.

NASDAQ NVEE opened at $117.60 on Friday. The company has a current ratio of 2.56, a quick ratio of 2.56 and a debt-to-equity ratio of 0.25. The company has a fifty day simple moving average of $124.37 and a 200 day simple moving average of $108.16. The company has a market cap of $1.81 billion, a P/E ratio of 47.00, a P/E/G ratio of 1.35 and a beta of 0.85. NV5 Global, Inc. has a 1 year low of $79.58 and a 1 year high of $141.48.

NV5 Global (NASDAQ:NVEE) last posted its quarterly earnings data on Tuesday, November 9th. The business services provider reported $1.25 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.22 by $0.03. The business had revenue of $185.55 million during the quarter, compared to the consensus estimate of $187.00 million. NV5 Global had a net margin of 5.34% and a return on equity of 11.53%. During the same period in the prior year, the firm earned $1.13 EPS. Equities research analysts forecast that NV5 Global, Inc. will post 4.55 EPS for the current fiscal year.

In other NV5 Global news, CEO Dickerson Wright sold 40,000 shares of the stock in a transaction on Friday, November 12th. The shares were sold at an average price of $111.32, for a total value of $4,452,800.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Alexander A. Hockman sold 10,000 shares of the stock in a transaction on Monday, November 15th. The shares were sold at an average price of $109.99, for a total transaction of $1,099,900.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 52,500 shares of company stock valued at $5,821,200. 17.92% of the stock is owned by insiders.

Several brokerages have recently commented on NVEE. Robert W. Baird lowered shares of NV5 Global from an “outperform” rating to a “neutral” rating and set a $127.00 price target on the stock. in a research note on Monday, January 10th. Zacks Investment Research lowered shares of NV5 Global from a “buy” rating to a “hold” rating in a research note on Wednesday.

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.

Recommended Story: How to Use a Moving Average for TradingĀ 

Want to see what other hedge funds are holding NVEE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NV5 Global, Inc. (NASDAQ:NVEE).

Institutional Ownership by Quarter for NV5 Global (NASDAQ:NVEE)

Receive News & Ratings for NV5 Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NV5 Global and related companies with MarketBeat.com's FREE daily email newsletter.