Jane Street Group LLC Sells 17,918 Shares of NV5 Global, Inc. (NASDAQ:NVEE)

Jane Street Group LLC lowered its stake in NV5 Global, Inc. (NASDAQ:NVEE) by 62.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,744 shares of the business services provider’s stock after selling 17,918 shares during the quarter. Jane Street Group LLC’s holdings in NV5 Global were worth $1,004,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Redwood Grove Capital LLC bought a new stake in NV5 Global during the 3rd quarter valued at approximately $12,599,000. Janus Henderson Group PLC raised its stake in NV5 Global by 42.5% during the 3rd 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 raised its stake in NV5 Global by 12.5% during the 3rd 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 raised its stake in NV5 Global by 143.4% during the 3rd 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 raised its stake in NV5 Global by 27.3% during the 3rd 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. Institutional investors own 75.54% of the company’s stock.

Analyst Ratings Changes

NVEE has been the topic of a number of research reports. StockNews.com raised NV5 Global from a “hold” rating to a “buy” rating in a research note on Thursday, December 26th. Robert W. Baird reduced their price objective on NV5 Global from $26.00 to $25.00 and set a “neutral” rating on the stock in a research note on Friday, November 8th.

NV5 Global Price Performance

NVEE opened at $18.84 on Tuesday. The business has a fifty day moving average of $21.56 and a 200 day moving average of $22.85. NV5 Global, Inc. has a 52-week low of $18.54 and a 52-week high of $28.29. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 0.30. The stock has a market cap of $1.23 billion, a P/E ratio of 33.49, a PEG ratio of 3.21 and a beta of 1.19.

Insider Activity at NV5 Global

In other NV5 Global news, VP Richard Tong sold 20,000 shares of NV5 Global stock in a transaction on Friday, December 13th. The stock was sold at an average price of $20.08, for a total transaction of $401,600.00. Following the completion of the sale, the vice president now directly owns 45,584 shares of the company’s stock, valued at $915,326.72. The trade was a 30.50 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 12.40% of the stock is owned by company insiders.

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.