Texas Permanent School Fund Corp Purchases 166 Shares of NV5 Global, Inc. (NASDAQ:NVEE)

Texas Permanent School Fund Corp grew its position in NV5 Global, Inc. (NASDAQ:NVEE) by 1.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,296 shares of the business services provider’s stock after purchasing an additional 166 shares during the quarter. Texas Permanent School Fund Corp’s holdings in NV5 Global were worth $1,050,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Swedbank AB bought a new stake in NV5 Global during the first quarter valued at $19,602,000. Tributary Capital Management LLC lifted its stake in shares of NV5 Global by 38.4% in the 1st quarter. Tributary Capital Management LLC now owns 172,941 shares of the business services provider’s stock valued at $16,950,000 after purchasing an additional 47,945 shares during the period. Vanguard Group Inc. lifted its stake in shares of NV5 Global by 3.9% in the 4th quarter. Vanguard Group Inc. now owns 950,477 shares of the business services provider’s stock valued at $105,617,000 after purchasing an additional 35,291 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of NV5 Global by 2.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 511,790 shares of the business services provider’s stock valued at $56,872,000 after purchasing an additional 12,437 shares in the last quarter. Finally, Edgestream Partners L.P. acquired a new stake in NV5 Global during the first quarter worth approximately $1,200,000. Institutional investors own 75.54% of the company’s stock.

Insider Buying and Selling

In other NV5 Global news, Director Tardan Francois sold 1,661 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $96.32, for a total value of $159,987.52. Following the completion of the sale, the director now owns 5,150 shares of the company’s stock, valued at $496,048. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 12.40% of the stock is owned by company insiders.

NV5 Global Stock Down 2.4 %

Shares of NASDAQ NVEE opened at $90.71 on Friday. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.31. The firm has a market cap of $1.46 billion, a PE ratio of 35.85, a P/E/G ratio of 1.23 and a beta of 1.18. The company’s fifty day simple moving average is $95.87 and its 200 day simple moving average is $94.84. NV5 Global, Inc. has a 12-month low of $87.05 and a 12-month high of $115.01.

NV5 Global (NASDAQ:NVEE) last announced its quarterly earnings data on Wednesday, August 7th. The business services provider reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.03. The firm had revenue of $236.33 million for the quarter, compared to analyst estimates of $235.58 million. NV5 Global had a net margin of 3.49% and a return on equity of 9.08%. The business’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.29 earnings per share. As a group, sell-side analysts forecast that NV5 Global, Inc. will post 5.12 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Roth Mkm reissued a “buy” rating and issued a $130.00 price target (up from $128.00) on shares of NV5 Global in a research note on Thursday, August 8th.

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.