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

Jane Street Group LLC raised its holdings in shares of NV5 Global, Inc. (NASDAQ:NVEE - Free Report) by 195.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,720 shares of the business services provider's stock after acquiring an additional 20,976 shares during the quarter. Jane Street Group LLC's holdings in NV5 Global were worth $598,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in NVEE. Barclays PLC boosted its stake in shares of NV5 Global by 352.5% during the 3rd quarter. Barclays PLC now owns 23,906 shares of the business services provider's stock worth $2,235,000 after purchasing an additional 18,623 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of NV5 Global during the 4th quarter worth about $235,000. Janney Montgomery Scott LLC boosted its stake in shares of NV5 Global by 370.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 13,750 shares of the business services provider's stock worth $259,000 after purchasing an additional 10,830 shares during the last quarter. Inspire Investing LLC boosted its stake in shares of NV5 Global by 380.5% during the 4th quarter. Inspire Investing LLC now owns 21,224 shares of the business services provider's stock worth $400,000 after purchasing an additional 16,807 shares during the last quarter. Finally, KBC Group NV boosted its stake in shares of NV5 Global by 527.5% during the 4th quarter. KBC Group NV now owns 4,223 shares of the business services provider's stock worth $80,000 after purchasing an additional 3,550 shares during the last quarter. 75.54% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on NVEE. Roth Mkm raised their price target on shares of NV5 Global from $27.00 to $28.00 and gave the stock a "buy" rating in a research note on Friday, February 21st. Maxim Group decreased their target price on shares of NV5 Global from $29.00 to $24.00 and set a "buy" rating on the stock in a research report on Friday, February 21st. Wall Street Zen lowered shares of NV5 Global from a "buy" rating to a "hold" rating in a report on Wednesday, May 14th. William Blair restated a "market perform" rating on shares of NV5 Global in a report on Thursday, May 15th. Finally, Sidoti upgraded shares of NV5 Global to a "hold" rating in a report on Friday, May 16th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $25.67.

NV5 Global Stock Down 0.4%

Shares of NVEE stock traded down $0.10 during mid-day trading on Friday, reaching $22.17. 538,640 shares of the company were exchanged, compared to its average volume of 466,823. NV5 Global, Inc. has a fifty-two week low of $14.75 and a fifty-two week high of $26.14. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.05 and a current ratio of 2.05. The company has a market capitalization of $1.46 billion, a P/E ratio of 45.02, a P/E/G ratio of 2.63 and a beta of 1.08. The business's 50 day simple moving average is $18.72 and its 200 day simple moving average is $18.95.

NV5 Global (NASDAQ:NVEE - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The business services provider reported $0.17 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by ($0.03). The company had revenue of $123.20 million for the quarter, compared to analyst estimates of $229.89 million. NV5 Global had a return on equity of 9.34% and a net margin of 3.25%. Research analysts predict that NV5 Global, Inc. will post 1.26 earnings per share for the current year.

About NV5 Global

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.