On December 31, 2024, Cercano Management LLC (Trades, Portfolio) executed a significant transaction involving NV5 Global Inc (NVEE, Financial), a prominent player in the technology and consulting solutions sector. The firm reduced its holdings in NV5 Global by 1,159,177 shares, bringing its total ownership to 3,925,599 shares. This transaction, conducted at a traded price of $18.84 per share, resulted in a -0.52% impact on the firm's portfolio. The decision to reduce the stake in NV5 Global Inc is noteworthy, given the company's current market dynamics and valuation metrics.
About Cercano Management LLC (Trades, Portfolio)
Cercano Management LLC (Trades, Portfolio) is a well-regarded investment firm known for its strategic investment philosophy and diverse portfolio. The firm is headquartered at 1110 112th Avenue NE, Bellevue, WA, and manages an equity portfolio valued at $4.18 billion. Its top holdings include Invesco S&P 500 Equal Weight ETF (RSP, Financial), Microsoft Corp (MSFT, Financial), Lennar Corp (LEN, Financial), Union Pacific Corp (UNP, Financial), and XPO Inc (XPO, Financial), with a strong focus on the technology and industrial sectors. The firm's investment approach emphasizes long-term value creation and diversification across various industries.
Details of the NV5 Global Inc Transaction
The recent transaction by Cercano Management LLC (Trades, Portfolio) involved a reduction of 1,159,177 shares in NV5 Global Inc, which now constitutes 1.78% of the firm's portfolio. The shares were traded at $18.84 each, and the firm currently holds 3,925,599 shares in NV5 Global. This adjustment reflects a strategic decision by the firm, potentially influenced by the stock's valuation and market conditions.
Overview of NV5 Global Inc
NV5 Global Inc is a leading provider of technology, conformity assessment, and consulting solutions, serving both public and private sector clients. The company operates across various segments, including Infrastructure, Building, Technology & Sciences, and Geospatial Solutions, with the majority of its revenue derived from the infrastructure segment. NV5 Global's client base includes U.S. federal, state, and local governments, as well as private sector entities.
Financial Metrics and Valuation of NV5 Global Inc
NV5 Global Inc currently boasts a market capitalization of $1.24 billion, with a stock price of $18.98. The company's [GF Valuation](https://www.gurufocus.com/term/gf-value/NVEE) suggests that the stock is significantly undervalued, with a GF Value of $30.65. This indicates a potential upside for investors, as the stock is trading at a price to GF Value ratio of 0.62. The company's [Profitability Rank](https://www.gurufocus.com/term/rank-profitability/NVEE) is 8/10, and its [Growth Rank](https://www.gurufocus.com/term/rank-growth/NVEE) is 9/10, reflecting strong financial health and growth potential.
Performance and Growth Indicators
NV5 Global Inc has demonstrated robust financial performance, with a 3-year revenue growth rate of 2.40% and earnings growth of 9.00%. The company's [GF Score](https://www.gurufocus.com/term/gf-score/NVEE) is 85/100, indicating good outperformance potential. Additionally, NV5 Global's [Financial Strength](https://www.gurufocus.com/term/rank-balancesheet/NVEE) is ranked 7/10, and its [Altman Z score](https://www.gurufocus.com/term/zscore/NVEE) is 2.88, suggesting a stable financial position. The company's [interest coverage](https://www.gurufocus.com/term/interest-coverage/NVEE) ratio is 3.21, further underscoring its ability to meet financial obligations.
Implications for Value Investors
The decision by Cercano Management LLC (Trades, Portfolio) to reduce its holdings in NV5 Global Inc may be driven by several factors, including the stock's current valuation and the firm's strategic portfolio adjustments. Despite the reduction, NV5 Global's significant undervaluation and strong growth prospects make it an attractive consideration for value investors. The company's robust financial metrics and potential for future growth align with the investment philosophy of seeking undervalued opportunities with long-term potential.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
