CFO Of NV5 Global Sold $69K In Stock

It was reported on June 13, that Edward Codispoti, CFO at NV5 Global NVEE executed a significant insider sell, according to an SEC filing.

What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, Codispoti sold 760 shares of NV5 Global. The total transaction value is $69,509.

Tracking the Friday's morning session, NV5 Global shares are trading at $91.9, showing a down of 0.0%.

Discovering NV5 Global: A Closer Look

NV5 Global Inc is a provider of technology, conformity assessment, and consulting solutions to public and private sector clients in the infrastructure, utility services, construction, real estate, environmental, and geospatial markets, operating nationwide and abroad. The Company's clients include the U.S. Federal, state and local governments, and the private sector. The operating business segments are Infrastructure, Building, Technology & Sciences, and Geospatial Solutions. The maximum revenue derives from the infrastructure segment.

NV5 Global: Financial Performance Dissected

Revenue Growth: NV5 Global's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 15.72%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Industrials sector.

Key Profitability Indicators:

  • Gross Margin: Achieving a high gross margin of 52.9%, the company performs well in terms of cost management and profitability within its sector.

  • Earnings per Share (EPS): With an EPS below industry norms, NV5 Global exhibits below-average bottom-line performance with a current EPS of 0.03.

Debt Management: NV5 Global's debt-to-equity ratio is below the industry average. With a ratio of 0.33, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

In-Depth Valuation Examination:

  • Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 36.47 is lower than the industry average, indicating potential undervaluation for the stock.

  • Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 1.6, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.

  • EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): At 14.33, NV5 Global's EV/EBITDA ratio reflects a below-par valuation compared to industry averages signalling undervaluation

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

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The Impact of Insider Transactions on Investments

In the complex landscape of investment decisions, investors should approach insider transactions as part of a comprehensive analysis, considering various elements.

From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.

A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.

While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.

Transaction Codes To Focus On

When it comes to transactions, investors tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S indicates a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.

Check Out The Full List Of NV5 Global's Insider Trades.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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