Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. NV5 Global Inc shares valued at $401,670 were sold by Tong Richard on Dec 13 ’24. At $20.08 per share, Tong Richard sold 20,000 shares. The insider’s holdings dropped to 45,584 shares worth approximately $0.78 million following the completion of this transaction.
Also, Tong Richard purchased 25,000 shares, netting a total of over 523,000 in proceeds.
Before that, Francois Tardan had sold 1,661 shares from its account. In a trade valued at $159,991, the Director traded NV5 Global Inc shares for $96.32 each. Upon closing the transaction, the insider’s holdings decreased to 1,661 shares, worth approximately $87704.5.
As published in their initiating research note from William Blair on September 13, 2023, NV5 Global Inc [NVEE] has been an Outperform. Analysts at Maxim Group upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early May. As of January 10, 2022, Robert W. Baird has decreased its “an Outperform” rating to a “Neutral” for NVEE. Earlier on March 15, 2021, Robert W. Baird initiated its rating. Their recommendation was “an Outperform” for NVEE stock.
Analyzing NVEE Stock Performance
During the last five days, there has been a drop of approximately -6.02%. Over the course of the year, NV5 Global Inc shares have dropped approximately -9.61%. Shares of the company reached a 52-week high of $19.85 on 01/06/25 and a 52-week low of $16.77 on 02/19/25. A 50-day SMA is recorded $18.81, while a 200-day SMA reached $22.21. Nevertheless, trading volume fell to 0.51 million shares from 0.51 million shares the previous day.
Support And Resistance Levels for NV5 Global Inc (NVEE)
According to the 24-hour chart, there is a support level at 16.79, which, if violated, would cause prices to drop to 16.55. In the upper region, resistance lies at 17.25. The next price resistance is at 17.47. RSI (Relative Strength Index) is 32.86 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.68, which suggests the price will decrease in the coming days. Percent R is at 88.13%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
