NV5 Holdings Inc. (NASDAQ:NVEE) shares saw strong trading volume on Tuesday . 87,870 shares changed hands during mid-day trading, a decline of 3% from the previous session’s volume of 90,391 shares.The stock last traded at $29.29 and had previously closed at $29.05.

Separately, Zacks Investment Research downgraded shares of NV5 Holdings from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 24th.

The company has a 50-day moving average of $27.78 and a 200 day moving average of $24.06. The stock has a market cap of $254.53 million and a PE ratio of 25.13.

NV5 Holdings (NASDAQ:NVEE) last issued its earnings results on Thursday, May 5th. The company reported $0.32 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.29 by $0.03. The firm earned $45.90 million during the quarter, compared to the consensus estimate of $49.10 million. Analysts expect that NV5 Holdings Inc. will post $1.68 earnings per share for the current fiscal year.

Several large investors recently modified their holdings of the company. Oxford Asset Management bought a new stake in shares of NV5 Holdings during the fourth quarter valued at about $1,122,000. Royce & Associates LLC increased its stake in shares of NV5 Holdings by 20.7% in the fourth quarter. Royce & Associates LLC now owns 291,885 shares of the company’s stock valued at $6,416,000 after buying an additional 50,000 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of NV5 Holdings by 27.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 89,587 shares of the company’s stock valued at $1,969,000 after buying an additional 19,426 shares in the last quarter. Finally, EAM Investors LLC increased its stake in shares of NV5 Holdings by 0.4% in the fourth quarter. EAM Investors LLC now owns 75,475 shares of the company’s stock valued at $1,659,000 after buying an additional 297 shares in the last quarter.

NV5 Global, Inc, formerly NV5 Holdings, Inc, is a holding company. The Company provides professional and technical engineering and consulting solutions to public and private sector clients. The Company’s operations are organized into three segments: infrastructure, engineering and support services (INF), construction quality assurance (CQA) and program management services (PM).

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